Teradyne, Inc. (NYSE:TER) has earned a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the stock, MarketBeat.com reports. Ten analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $60.40.
Several equities research analysts recently commented on the company. Northland Securities restated a “hold” rating on shares of Teradyne in a research report on Monday, July 22nd. UBS Group upped their target price on Teradyne from $47.00 to $63.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. Citigroup upped their target price on Teradyne from $66.00 to $73.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Deutsche Bank upped their target price on Teradyne from $55.00 to $60.00 and gave the company a “hold” rating in a research report on Thursday, October 24th. Finally, Zacks Investment Research upgraded Teradyne from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a research report on Saturday, September 7th.
In related news, Director Michael A. Bradley sold 14,148 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $61.92, for a total transaction of $876,044.16. Following the transaction, the director now directly owns 56,594 shares of the company’s stock, valued at approximately $3,504,300.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Walter G. Vahey sold 25,012 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $63.62, for a total value of $1,591,263.44. Following the transaction, the insider now directly owns 52,754 shares in the company, valued at $3,356,209.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 46,234 shares of company stock worth $2,922,166. 0.49% of the stock is owned by corporate insiders.
Shares of NYSE TER traded up $0.94 during trading on Thursday, reaching $63.51. The company had a trading volume of 2,024,851 shares, compared to its average volume of 2,286,867. The company’s fifty day moving average price is $60.44 and its 200-day moving average price is $51.98. Teradyne has a 12 month low of $28.73 and a 12 month high of $65.44. The stock has a market cap of $10.64 billion, a P/E ratio of 27.14, a PEG ratio of 2.02 and a beta of 1.25. The company has a quick ratio of 3.76, a current ratio of 4.10 and a debt-to-equity ratio of 0.23.
Teradyne (NYSE:TER) last released its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.07. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The firm had revenue of $582.04 million for the quarter, compared to analyst estimates of $565.43 million. During the same quarter in the previous year, the company posted $0.71 EPS. The business’s revenue was up 2.7% on a year-over-year basis. As a group, equities analysts predict that Teradyne will post 2.25 earnings per share for the current year.
Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.
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