Share on StockTwits

Teradyne (NYSE:TER) announced a quarterly dividend on Thursday, August 21st, ARN reports. Stockholders of record on Friday, September 5th will be paid a dividend of 0.06 per share on Friday, September 26th. This represents a $0.24 annualized dividend and a dividend yield of 1.19%.

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. On a related note, 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 analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $22.05.

Teradyne (NYSE:TER) traded up 0.90% during mid-day trading on Thursday, hitting $20.13. The stock had a trading volume of 3,716,700 shares. Teradyne has a 52-week low of $15.22 and a 52-week high of $20.72. The stock’s 50-day moving average is $19.2 and its 200-day moving average is $19.07. The company has a market cap of $4.120 billion and a P/E ratio of 23.81. Teradyne also was the target of a significant 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 trading volume of 3,916,802 shares, the short-interest ratio is currently 6.0 days. Currently, 12.1% of the company’s stock are short sold.

Teradyne (NYSE:TER) last announced its earnings results 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 prior year, the company posted $0.43 earnings per share. The company’s quarterly revenue 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.

In other Teradyne news, Director Michael A. Bradley sold 96,038 shares of Teradyne stock on the open market in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $19.02, for a total transaction of $1,826,642.76. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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.