Share on StockTwits

Teradyne (NYSE:TER) Director Michael A. Bradley sold 96,038 shares of the stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $19.02, for a total value of $1,826,642.76. Following the sale, the director now directly owns 203,716 shares of the company’s stock, valued at approximately $3,874,678. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

A number of research firms have recently commented on TER. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Teradyne in a research note on Friday, July 25th. They now have a $19.50 price target on the stock, up previously from $19.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Teradyne in a research note on Thursday, July 24th. They now have a $20.00 price target on the stock. Finally, analysts at Susquehanna raised their price target on shares of Teradyne from $23.00 to $24.00 in a research note on Friday, June 27th. They now have a “positive” rating on the stock. Two equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $22.05.

Teradyne (NYSE:TER) traded up 0.90% on Friday, hitting $19.13. 3,353,764 shares of the company’s stock traded hands. Teradyne has a 52-week low of $15.22 and a 52-week high of $20.72. The stock has a 50-day moving average of $19.21 and a 200-day moving average of $19.05. The company has a market cap of $3.915 billion and a P/E ratio of 22.63. Teradyne also was the target of a large decrease in short interest in July. As of July 31st, there was short interest totalling 23,314,289 shares, a decrease of 26.1% from the July 15th total of 31,531,687 shares. Based on an average daily trading volume, of 3,916,802 shares, the days-to-cover ratio is presently 6.0 days. Currently, 12.1% of the company’s stock are sold short.

Teradyne (NYSE:TER) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.12. The company had revenue of $525.60 million for the quarter, compared to the consensus estimate of $479.51 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. On average, analysts predict that Teradyne will post $1.23 earnings per share for the current fiscal year.

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.