Shares of Teradyne, Inc. (NYSE:TER) have been assigned an average recommendation of “Hold” from the seventeen analysts that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $46.80.
A number of research analysts recently issued reports on TER shares. Stifel Nicolaus dropped their price target on Teradyne from $54.00 to $51.00 and set a “buy” rating on the stock in a research note on Thursday, April 26th. Bank of America started coverage on Teradyne in a research note on Wednesday, March 21st. They set a “buy” rating and a $58.00 price target on the stock. ValuEngine upgraded Teradyne from a “sell” rating to a “hold” rating in a research note on Tuesday, May 8th. Zacks Investment Research downgraded Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 28th. Finally, Cowen started coverage on Teradyne in a research note on Monday, May 14th. They issued a “market perform” rating and a $40.00 target price on the stock.
Several institutional investors have recently bought and sold shares of TER. IFP Advisors Inc boosted its stake in shares of Teradyne by 147.0% in the first quarter. IFP Advisors Inc now owns 3,164 shares of the semiconductor company’s stock valued at $145,000 after buying an additional 1,883 shares in the last quarter. Cornerstone Capital Management Holdings LLC. purchased a new stake in shares of Teradyne in the fourth quarter valued at approximately $156,000. Focused Wealth Management Inc purchased a new stake in shares of Teradyne in the fourth quarter valued at approximately $163,000. We Are One Seven LLC purchased a new stake in shares of Teradyne in the fourth quarter valued at approximately $179,000. Finally, Bluestein R H & Co. purchased a new stake in shares of Teradyne in the fourth quarter valued at approximately $209,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.
Teradyne traded up $0.12, reaching $37.40, during mid-day trading on Monday, MarketBeat Ratings reports. 121,965 shares of the stock were exchanged, compared to its average volume of 2,747,850. The company has a market capitalization of $7.44 billion, a PE ratio of 15.99, a P/E/G ratio of 1.69 and a beta of 1.20. The company has a quick ratio of 5.17, a current ratio of 5.51 and a debt-to-equity ratio of 0.19. Teradyne has a 1 year low of $29.68 and a 1 year high of $50.68.
Teradyne (NYSE:TER) last released its quarterly earnings results on Tuesday, April 24th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.03. The firm had revenue of $487.00 million for the quarter, compared to the consensus estimate of $478.77 million. Teradyne had a return on equity of 23.45% and a net margin of 11.97%. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.61 EPS. sell-side analysts anticipate that Teradyne will post 1.92 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, June 22nd. Shareholders of record on Thursday, May 31st were paid a $0.09 dividend. The ex-dividend date was Wednesday, May 30th. This represents a $0.36 annualized dividend and a dividend yield of 0.96%. Teradyne’s dividend payout ratio (DPR) is currently 15.38%.
Teradyne Company Profile
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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