Teradyne, Inc. (NASDAQ:TER) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Teradyne, Inc. (NASDAQ:TERGet Rating) has been assigned a consensus rating of “Moderate Buy” from the twenty-eight research firms that are currently covering the stock, Marketbeat reports. Nine investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $96.20.

Several research firms have commented on TER. Morgan Stanley dropped their price objective on shares of Teradyne from $116.00 to $92.00 and set an “equal weight” rating for the company in a research note on Thursday, October 27th. StockNews.com assumed coverage on shares of Teradyne in a research note on Wednesday, October 12th. They set a “hold” rating for the company. TheStreet lowered shares of Teradyne from a “b-” rating to a “c+” rating in a research note on Thursday, October 13th. Susquehanna boosted their target price on shares of Teradyne from $83.00 to $100.00 in a research note on Thursday, October 27th. Finally, Cowen lowered their target price on shares of Teradyne to $110.00 in a research note on Thursday, October 27th.

Insider Activity

In other news, CEO Mark E. Jagiela sold 67,631 shares of the company’s stock in a transaction dated Monday, December 19th. The shares were sold at an average price of $87.60, for a total transaction of $5,924,475.60. Following the transaction, the chief executive officer now owns 167,104 shares in the company, valued at $14,638,310.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On Teradyne

Several hedge funds have recently modified their holdings of TER. Oliver Lagore Vanvalin Investment Group acquired a new position in Teradyne in the 1st quarter worth approximately $29,000. Bartlett & Co. LLC acquired a new position in Teradyne in the 2nd quarter worth approximately $26,000. Clear Street Markets LLC increased its holdings in Teradyne by 401.5% in the 2nd quarter. Clear Street Markets LLC now owns 336 shares of the company’s stock worth $30,000 after buying an additional 269 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its holdings in Teradyne by 700.0% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 400 shares of the company’s stock worth $36,000 after buying an additional 350 shares during the period. Finally, Larson Financial Group LLC acquired a new position in Teradyne in the 2nd quarter worth approximately $38,000. Institutional investors and hedge funds own 97.05% of the company’s stock.

Teradyne Stock Up 1.4 %

NASDAQ TER opened at $97.44 on Friday. The company has a quick ratio of 2.59, a current ratio of 3.03 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average of $90.94 and a two-hundred day moving average of $88.08. The firm has a market capitalization of $15.18 billion, a price-to-earnings ratio of 21.80, a PEG ratio of 5.62 and a beta of 1.52. Teradyne has a 52 week low of $67.81 and a 52 week high of $164.71.

Teradyne (NASDAQ:TERGet Rating) last posted its quarterly earnings data on Tuesday, October 25th. The company reported $1.15 EPS for the quarter, topping the consensus estimate of $1.04 by $0.11. The company had revenue of $827.07 million during the quarter, compared to analyst estimates of $800.20 million. Teradyne had a net margin of 23.38% and a return on equity of 33.39%. Teradyne’s quarterly revenue was down 13.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.59 earnings per share. On average, analysts predict that Teradyne will post 4.07 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 21st. Stockholders of record on Monday, November 28th were issued a dividend of $0.11 per share. The ex-dividend date was Friday, November 25th. This represents a $0.44 annualized dividend and a dividend yield of 0.45%. Teradyne’s dividend payout ratio (DPR) is currently 9.84%.

Teradyne Company Profile

(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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