Share on StockTwits

Teradyne (NYSE:TER) Director Michael A. Bradley sold 30,640 shares of the company’s stock on the open market in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $18.62, for a total value of $570,516.80. Following the completion of the sale, the director now directly owns 332,093 shares of the company’s stock, valued at approximately $6,183,572. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Teradyne (NYSE:TER) traded up 0.85% during mid-day trading on Monday, hitting $19.05. The stock had a trading volume of 2,192,337 shares. Teradyne has a one year low of $15.22 and a one year high of $20.72. The stock’s 50-day moving average is $18.01 and its 200-day moving average is $18.48. The company has a market cap of $3.701 billion and a price-to-earnings ratio of 28.07.

Teradyne (NYSE:TER) last released its earnings data on Wednesday, April 23rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04. The company had revenue of $321.01 million for the quarter, compared to the consensus estimate of $314.57 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. Analysts expect that Teradyne will post $1.22 EPS for the current fiscal year.

A number of analysts have recently weighed in on TER shares. Analysts at Zacks reiterated a “neutral” rating on shares of Teradyne in a research note on Thursday. They now have a $19.00 price target on the stock. Separately, analysts at Craig Hallum upgraded shares of Teradyne from a “hold” rating to a “buy” rating in a research note on Wednesday, June 4th. They now have a $25.00 price target on the stock, up previously from $19.00. Finally, analysts at Sidoti upgraded shares of Teradyne from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 29th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $22.05.

Teradyne, Inc (NYSE:TER) is a supplier of automatic test equipment.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.