Teradyne FY2025 EPS Estimate Decreased by Cantor Fitzgerald

Teradyne, Inc. (NASDAQ:TER) – Equities research analysts at Cantor Fitzgerald cut their FY2025 EPS estimates for shares of Teradyne in a research report issued to clients and investors on Wednesday, April 30th. Cantor Fitzgerald analyst C. Muse now forecasts that the company will post earnings per share of $2.75 for the year, down from their prior estimate of $4.00. Cantor Fitzgerald has a “Overweight” rating and a $110.00 price objective on the stock. The consensus estimate for Teradyne’s current full-year earnings is $3.88 per share.

Several other equities research analysts have also commented on TER. UBS Group set a $130.00 price objective on Teradyne and gave the stock a “buy” rating in a research report on Wednesday, March 12th. TD Cowen lowered their price target on shares of Teradyne from $135.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. Northland Securities cut their price objective on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating for the company in a report on Friday, January 31st. KeyCorp reissued a “sector weight” rating on shares of Teradyne in a research note on Thursday, April 17th. Finally, Robert W. Baird cut their price target on Teradyne from $140.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, March 13th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Teradyne has a consensus rating of “Moderate Buy” and an average price target of $117.56.

Teradyne Stock Up 2.8 %

Shares of TER opened at $75.88 on Friday. The company has a market capitalization of $12.20 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 2.83 and a beta of 1.65. Teradyne has a 52 week low of $65.77 and a 52 week high of $163.21. The stock’s 50-day moving average price is $84.28 and its 200-day moving average price is $107.15.

Teradyne (NASDAQ:TER) last issued its earnings results on Monday, April 28th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.14. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. The firm had revenue of $685.70 million during the quarter, compared to analysts’ expectations of $680.54 million. During the same quarter last year, the company posted $0.51 earnings per share. The firm’s revenue was up 14.3% compared to the same quarter last year.

Teradyne declared that its board has authorized a share buyback program on Monday, April 28th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to buy up to 8.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In related news, insider Richard John Burns sold 445 shares of Teradyne stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total transaction of $49,613.05. Following the transaction, the insider now owns 25,191 shares in the company, valued at approximately $2,808,544.59. This trade represents a 1.74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Sanjay Mehta sold 1,384 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total value of $154,302.16. Following the transaction, the chief financial officer now directly owns 36,576 shares in the company, valued at $4,077,858.24. This trade represents a 3.65 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,045 shares of company stock valued at $227,997 in the last 90 days. 0.16% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Van ECK Associates Corp grew its position in Teradyne by 59.9% in the fourth quarter. Van ECK Associates Corp now owns 4,928,143 shares of the company’s stock worth $620,552,000 after acquiring an additional 1,846,079 shares during the period. Proficio Capital Partners LLC acquired a new position in shares of Teradyne in the 4th quarter valued at $12,118,000. Franklin Resources Inc. grew its holdings in shares of Teradyne by 30.5% during the 3rd quarter. Franklin Resources Inc. now owns 88,879 shares of the company’s stock worth $11,878,000 after purchasing an additional 20,762 shares during the period. Empowered Funds LLC increased its position in shares of Teradyne by 16.2% during the 4th quarter. Empowered Funds LLC now owns 30,269 shares of the company’s stock worth $3,811,000 after purchasing an additional 4,212 shares during the last quarter. Finally, Boston Trust Walden Corp raised its holdings in Teradyne by 3.3% in the 4th quarter. Boston Trust Walden Corp now owns 408,177 shares of the company’s stock valued at $51,398,000 after buying an additional 13,020 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.