Teradyne, Inc. (TER) – What Are Researchers Thinking About This Stock?

Teradyne, Inc. (NASDAQ:TER – Get Free Report) has earned a consensus rating of “Moderate Buy” from the sixteen analysts that are currently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $396.80.

Several brokerages recently issued reports on TER. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $550.00 price target on shares of Teradyne in a report on Wednesday, July 29th. Morgan Stanley upped their price objective on shares of Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Susquehanna increased their price objective on shares of Teradyne from $415.00 to $550.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. Zacks Research lowered shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Wall Street Zen raised shares of Teradyne from a “hold” rating to a “buy” rating in a research note on Saturday.

Read Our Latest Research Report on TER

Insider Activity at Teradyne

In related 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 transaction of $1,365,120.00. Following the sale, the chief executive officer owned 104,495 shares of the company’s stock, valued at $35,662,053.60. This trade represents a 3.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 12,000 shares of company stock valued at $4,416,440. 0.19% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Teradyne

A number of institutional investors and hedge funds have recently bought and sold shares of TER. Carolina Wealth Advisors LLC grew its holdings in Teradyne by 42.5% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock worth $55,000 after acquiring an additional 34 shares in the last quarter. Purus Wealth Management LLC raised its holdings in shares of Teradyne by 0.3% in the 3rd quarter. Purus Wealth Management LLC now owns 11,145 shares of the company’s stock valued at $4,468,000 after purchasing an additional 35 shares in the last quarter. Pinnacle Associates Ltd. raised its holdings in shares of 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 purchasing an additional 35 shares in the last quarter. Vestor Capital LLC raised its holdings in shares of 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 purchasing an additional 38 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC raised its holdings in shares of Teradyne by 5.8% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock valued at $352,000 after purchasing an additional 40 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Stock Up 0.0%

Teradyne stock opened at $309.00 on Tuesday. The stock has a market cap of $48.31 billion, a PE ratio of 42.39, a P/E/G ratio of 0.62 and a beta of 1.75. Teradyne has a 12-month low of $144.11 and a 12-month high of $487.91. The business’s 50-day moving average price is $372.26 and its two-hundred day moving average price is $346.76.

Teradyne (NASDAQ:TER – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the prior year, the business earned $0.57 earnings per share. The business’s revenue for the quarter was up 103.9% compared to the same quarter last year. As a group, analysts expect that Teradyne will post 9.11 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were issued a dividend of $0.13 per share. The ex-dividend date was Friday, September 4th. This represents a $0.52 annualized dividend and a dividend yield of 0.2%. Teradyne’s dividend payout ratio is 7.13%.

Teradyne News Summary

Here are the key news stories impacting Teradyne this week:

  • Positive Sentiment: UBS maintained a $485 price target for Teradyne, indicating continued confidence in the company’s long-term growth prospects and substantial potential upside from recent trading levels. UBS maintains USD 485.00 target for Teradyne stock
  • Positive Sentiment: Teradyne was identified as one of several beaten-down growth stocks trading at value-like levels. The article highlights potential opportunities tied to robotics, artificial intelligence and advanced semiconductor testing, which could attract investors seeking discounted growth exposure. 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
  • Neutral Sentiment: Teradyne’s third-quarter results are scheduled for October 27. Investors will likely focus on semiconductor test demand, robotics growth, margins and management’s outlook. The report may produce significant volatility because expectations are elevated following the company’s strong prior-quarter revenue and earnings performance. Teradyne earnings preview
  • Neutral Sentiment: Reported October short interest was zero shares, implying no measurable bearish short positioning. However, the article’s reference to a “significant increase” conflicts with the reported figure, so the data may be incomplete or erroneous. Teradyne short interest data
  • Negative Sentiment: The stock has pulled back despite strong growth, partly as investor cash has rotated toward mega-cap companies. That relative weakness may continue if Teradyne’s earnings or outlook fail to exceed already-strong expectations. Growth stock market rotation article

Teradyne Company Profile

(Get Free Report)

Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.

The company’s product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.

See Also

Analyst Recommendations for Teradyne (NASDAQ:TER)

Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.