Media coverage about Teradyne (NYSE:TER) has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Teradyne earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 46.3782480156826 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
- The North America Automated Test Equipment Market would witness market growth of 4.2% CAGR during the forecast period (2017 – 2023) (broadwayworld.com)
- Stocks To Watch Ahead Of Earnings: Teradyne (finance.yahoo.com)
- Global Avionics Test Equipment Market by Manufacturers, Types, Regions and Application Research Report Forecast to 2022 (emailwire.com)
- The Europe Automated Test Equipment Market would witness market growth of 4.1% CAGR during the forecast period (2017 – 2023) (advfn.com)
- Microsoft scoops up NAS vendor Avere for hybrid cloud services (searchstorage.techtarget.com)
Several brokerages have commented on TER. Susquehanna Bancshares reaffirmed a “neutral” rating and set a $41.00 target price (up from $32.00) on shares of Teradyne in a report on Monday, September 18th. Zacks Investment Research downgraded Teradyne from a “buy” rating to a “hold” rating in a report on Monday, September 18th. Robert W. Baird reaffirmed a “positive” rating and set a $48.00 target price (up from $37.00) on shares of Teradyne in a report on Friday, October 27th. KeyCorp reaffirmed an “outperform” rating and set a $40.00 target price on shares of Teradyne in a report on Saturday, September 16th. Finally, Credit Suisse Group lifted their target price on Teradyne from $36.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $42.55.
Teradyne (NYSE:TER) last posted its quarterly earnings data on Wednesday, October 25th. The semiconductor company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.11. Teradyne had a return on equity of 19.95% and a net margin of 20.55%. The firm had revenue of $503.40 million during the quarter, compared to analyst estimates of $472.86 million. During the same period last year, the company posted $0.31 EPS. The business’s quarterly revenue was up 22.6% on a year-over-year basis. equities analysts forecast that Teradyne will post 2.22 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 21st. Stockholders of record on Wednesday, November 29th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 0.63%. The ex-dividend date was Tuesday, November 28th. Teradyne’s dividend payout ratio (DPR) is presently 13.08%.
In other news, VP Charles Jeffrey Gray sold 8,161 shares of Teradyne stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $42.25, for a total value of $344,802.25. Following the completion of the transaction, the vice president now directly owns 31,500 shares of the company’s stock, valued at approximately $1,330,875. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Michael A. Bradley sold 10,000 shares of Teradyne stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $42.80, for a total value of $428,000.00. Following the completion of the transaction, the director now directly owns 145,836 shares of the company’s stock, valued at $6,241,780.80. The disclosure for this sale can be found here. Over the last three months, insiders sold 140,206 shares of company stock valued at $6,066,881. Corporate insiders own 0.62% of the company’s stock.
Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.
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