Teradyne, Inc. (NASDAQ:TER) Receives Average Recommendation of “Buy” from Brokerages

Teradyne, Inc. (NASDAQ:TERGet Rating) has been assigned a consensus rating of “Buy” from the eighteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $149.61.

A number of research analysts recently issued reports on TER shares. KeyCorp started coverage on Teradyne in a research note on Tuesday, January 25th. They set an “overweight” rating and a $180.00 price objective for the company. Evercore ISI set a $150.00 price target on Teradyne in a report on Friday, January 28th. Susquehanna Bancshares lowered their price target on Teradyne from $165.00 to $150.00 and set a “positive” rating on the stock in a report on Friday, January 28th. Robert W. Baird lowered their price target on Teradyne from $160.00 to $142.00 in a report on Friday, January 28th. Finally, Deutsche Bank Aktiengesellschaft cut Teradyne from a “buy” rating to a “hold” rating and lowered their price target for the stock from $170.00 to $120.00 in a report on Friday, January 28th.

Several institutional investors and hedge funds have recently modified their holdings of the company. HHM Wealth Advisors LLC purchased a new stake in Teradyne during the 4th quarter valued at $25,000. Capital Advisory Group Advisory Services LLC purchased a new stake in Teradyne during the 1st quarter valued at $26,000. Glassman Wealth Services raised its holdings in Teradyne by 218.3% during the 1st quarter. Glassman Wealth Services now owns 226 shares of the company’s stock valued at $27,000 after buying an additional 155 shares during the period. Dixon Hughes Goodman Wealth Advisors LLC purchased a new stake in Teradyne during the 4th quarter valued at $31,000. Finally, Liberty Wealth Management LLC raised its holdings in Teradyne by 571.1% during the 3rd quarter. Liberty Wealth Management LLC now owns 255 shares of the company’s stock valued at $33,000 after buying an additional 217 shares during the period. 96.94% of the stock is currently owned by institutional investors and hedge funds.

Teradyne stock opened at $102.18 on Friday. The business has a 50-day simple moving average of $111.63 and a two-hundred day simple moving average of $130.56. The company has a market cap of $16.37 billion, a P/E ratio of 18.99, a P/E/G ratio of 1.92 and a beta of 1.49. The company has a quick ratio of 2.97, a current ratio of 3.33 and a debt-to-equity ratio of 0.03. Teradyne has a 52-week low of $98.64 and a 52-week high of $168.91.

Teradyne (NASDAQ:TERGet Rating) last announced its quarterly earnings data on Tuesday, April 26th. The company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.10. The company had revenue of $755.30 million during the quarter, compared to the consensus estimate of $741.98 million. Teradyne had a return on equity of 40.67% and a net margin of 26.58%. The firm’s revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.11 EPS. Research analysts anticipate that Teradyne will post 4.85 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 17th. Stockholders of record on Wednesday, May 25th will be issued a dividend of $0.11 per share. The ex-dividend date is Tuesday, May 24th. This represents a $0.44 annualized dividend and a dividend yield of 0.43%. Teradyne’s dividend payout ratio (DPR) is 8.18%.

About Teradyne (Get Rating)

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications.

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Analyst Recommendations for Teradyne (NASDAQ:TER)

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