Teradyne, Inc. (NYSE:TER) has earned a consensus rating of “Buy” from the fifteen brokerages that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $40.80.

Several research analysts have issued reports on TER shares. Zacks Investment Research upgraded Teradyne from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a research report on Tuesday, September 19th. Citigroup boosted their target price on Teradyne from $43.00 to $48.00 and gave the company a “buy” rating in a research report on Monday, October 30th. KeyCorp reiterated a “buy” rating and issued a $47.00 price target on shares of Teradyne in a report on Friday, October 27th. Deutsche Bank lowered Teradyne from a “buy” rating to a “hold” rating and set a $44.00 price target for the company. in a report on Monday, November 20th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price target on shares of Teradyne in a report on Friday, September 1st.

Teradyne (NYSE TER) opened at $39.96 on Thursday. Teradyne has a 12-month low of $25.18 and a 12-month high of $44.63. The stock has a market capitalization of $7,697.23, a P/E ratio of 17.84, a price-to-earnings-growth ratio of 1.47 and a beta of 1.01. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.67 and a current ratio of 4.96.

Teradyne (NYSE:TER) last announced its earnings results on Wednesday, October 25th. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.11. Teradyne had a return on equity of 22.39% and a net margin of 21.11%. The business had revenue of $503.40 million during the quarter, compared to analyst estimates of $472.86 million. During the same quarter in the previous year, the business earned $0.31 earnings per share. The company’s revenue for the quarter was up 22.6% compared to the same quarter last year. equities research analysts forecast that Teradyne will post 2.22 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Wednesday, November 29th will be issued a dividend of $0.07 per share. The ex-dividend date is Tuesday, November 28th. This represents a $0.28 dividend on an annualized basis and a yield of 0.70%. Teradyne’s dividend payout ratio is currently 13.08%.

In other Teradyne news, Director Michael A. Bradley sold 20,000 shares of the company’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $43.67, for a total transaction of $873,400.00. Following the completion of the sale, the director now owns 133,504 shares in the company, valued at $5,830,119.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Charles Jeffrey Gray sold 8,161 shares of the company’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $42.25, for a total value of $344,802.25. Following the sale, the vice president now owns 31,500 shares of the company’s stock, valued at approximately $1,330,875. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 172,844 shares of company stock valued at $7,244,931. 0.62% of the stock is owned by company insiders.

A number of institutional investors have recently bought and sold shares of the business. AXA lifted its holdings in Teradyne by 18.8% during the third quarter. AXA now owns 1,441,911 shares of the semiconductor company’s stock worth $53,769,000 after buying an additional 228,063 shares during the period. Steward Partners Investment Advisory LLC acquired a new position in shares of Teradyne during the third quarter worth $325,000. Public Employees Retirement System of Ohio increased its position in shares of Teradyne by 30.5% during the third quarter. Public Employees Retirement System of Ohio now owns 173,908 shares of the semiconductor company’s stock worth $6,485,000 after purchasing an additional 40,596 shares in the last quarter. Moors & Cabot Inc. acquired a new position in shares of Teradyne during the third quarter worth $229,000. Finally, Argent Capital Management LLC acquired a new position in shares of Teradyne during the third quarter worth $47,393,000. Institutional investors own 96.72% 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.

Analyst Recommendations for Teradyne (NYSE:TER)

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