Teradyne, Inc. (NYSE:TER) updated its third quarter earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.39-0.46 for the period, compared to the Thomson Reuters consensus estimate of $0.38. The company issued revenue guidance of $455-485 million, compared to the consensus revenue estimate of $455.65 million.

Several brokerages recently commented on TER. BidaskClub raised shares of Teradyne from a hold rating to a buy rating in a research note on Tuesday, July 18th. Zacks Investment Research downgraded shares of Teradyne from a hold rating to a sell rating in a research note on Monday, July 17th. Cowen and Company lifted their target price on shares of Teradyne from $35.00 to $41.00 and gave the stock an outperform rating in a research note on Thursday, April 27th. Stifel Nicolaus raised shares of Teradyne from a hold rating to a buy rating and lifted their target price for the stock from $32.00 to $39.00 in a research note on Wednesday, July 5th. They noted that the move was a valuation call. Finally, Deutsche Bank AG lifted their target price on shares of Teradyne from $30.00 to $34.00 and gave the stock a buy rating in a research note on Monday, April 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Buy and an average target price of $31.71.

Shares of Teradyne, Inc. (NYSE:TER) traded up 1.94% during mid-day trading on Wednesday, hitting $36.80. 5,068,528 shares of the stock were exchanged. The stock’s 50 day moving average is $32.94 and its 200 day moving average is $31.47. The firm’s market cap is $7.32 billion. Teradyne, Inc. has a 12 month low of $19.43 and a 12 month high of $36.86.

Teradyne (NYSE:TER) last announced its quarterly earnings results on Wednesday, April 26th. The semiconductor company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.38 by $0.06. The firm had revenue of $457 million for the quarter, compared to analyst estimates of $440.96 million. Teradyne had a positive return on equity of 18.34% and a negative net margin of 0.46%. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.31 earnings per share. Analysts expect that Teradyne, Inc. will post $1.89 EPS for the current fiscal year.

In related news, Director Mercedes Johnson sold 8,000 shares of the firm’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $35.07, for a total transaction of $280,560.00. Following the sale, the director now owns 14,773 shares of the company’s stock, valued at $518,089.11. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Daniel W. Christman sold 3,232 shares of the firm’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $35.65, for a total value of $115,220.80. Following the sale, the director now directly owns 30,163 shares in the company, valued at approximately $1,075,310.95. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,467 shares of company stock worth $721,961. Insiders own 0.62% of the company’s stock.

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Teradyne Company Profile

Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.

Earnings History and Estimates for Teradyne (NYSE:TER)

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