Teradyne, Inc. (NASDAQ:TER – Get Free Report) has been given an average rating of “Moderate Buy” by the seventeen ratings firms that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $397.73.
TER has been the topic of several recent analyst reports. Evercore restated an “outperform” rating and set a $420.00 target price on shares of Teradyne in a research report on Thursday, July 30th. Weiss Ratings cut shares of Teradyne from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Robert W. Baird downgraded shares of Teradyne from an “outperform” rating to a “neutral” rating and set a $420.00 price target for the company. in a research report on Friday, August 21st. Morgan Stanley upped their price target on Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $550.00 price objective on shares of Teradyne in a research note on Wednesday, July 29th.
Check Out Our Latest Research Report on Teradyne
Teradyne Stock Down 5.4%
NASDAQ:TER opened at $249.55 on Friday. Teradyne has a fifty-two week low of $151.52 and a fifty-two week high of $487.91. The stock has a market cap of $38.96 billion, a PE ratio of 28.65, a price-to-earnings-growth ratio of 0.52 and a beta of 1.73. The firm’s fifty day simple moving average is $342.61 and its 200-day simple moving average is $349.31.
Teradyne (NASDAQ:TER – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.20. Teradyne had a net margin of 27.46% and a return on equity of 43.81%. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter last year, the firm posted $0.85 EPS. The business’s revenue was up 69.8% compared to the same quarter last year. Equities analysts anticipate that Teradyne will post 9.41 earnings per share for the current year.
Teradyne Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Monday, November 23rd will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, November 23rd. Teradyne’s payout ratio is presently 5.97%.
Insiders Place Their Bets
In other news, CEO Gregory Smith sold 4,000 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total value of $1,365,120.00. Following the completion of the transaction, the chief executive officer owned 104,495 shares in the company, valued at $35,662,053.60. This trade represents a 3.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,000 shares of company stock valued at $4,416,440 over the last quarter. 0.19% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Teradyne
Several institutional investors and hedge funds have recently made changes to their positions in TER. Carolina Wealth Advisors LLC grew its holdings in Teradyne by 42.5% during the second quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock valued at $55,000 after purchasing an additional 34 shares during the last quarter. Purus Wealth Management LLC boosted its holdings in shares of Teradyne by 0.3% during the 3rd quarter. Purus Wealth Management LLC now owns 11,145 shares of the company’s stock worth $4,468,000 after buying an additional 35 shares during the period. Pinnacle Associates Ltd. grew its stake in Teradyne by 1.8% in the 3rd quarter. Pinnacle Associates Ltd. now owns 1,940 shares of the company’s stock valued at $778,000 after buying an additional 35 shares during the last quarter. Vestor Capital LLC grew its stake in Teradyne by 15.4% in the 1st quarter. Vestor Capital LLC now owns 285 shares of the company’s stock valued at $85,000 after buying an additional 38 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC raised its holdings in Teradyne by 5.8% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock worth $352,000 after acquiring an additional 40 shares during the period. 99.77% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Teradyne
Investors following TER have been watching these headlines:
- Neutral Sentiment: Teradyne was among several semiconductor-related stocks reported to have fallen sharply, reflecting broader weakness across the group. Semiconductor shares fall
- Negative Sentiment: Recent chip-equipment sector selling has been linked to concerns about AI regulation and slower data-center spending, weighing on sentiment even after Teradyne’s strong quarterly growth. Chip-equipment selloff
- Negative Sentiment: ARK’s flagship fund reportedly sold its remaining Teradyne shares, a potential source of negative investor sentiment, although another ARK fund still holds shares. ARK fund exits Teradyne
Teradyne Company Profile
Teradyne, Inc. develops and supplies automated test equipment and robotics used by manufacturers around the world. Its test systems help customers evaluate the performance and reliability of semiconductor devices, electronic products, wireless components and storage products. The company’s offerings include semiconductor test systems, system-level test equipment and wireless test solutions. Teradyne also serves industrial automation markets through Universal Robots, which makes collaborative robots, and Mobile Industrial Robots, which develops autonomous mobile robots for moving materials in factories and other facilities.
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