Teradyne, Inc. (NASDAQ:TER) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Teradyne, Inc. (NASDAQ:TER) have been given a consensus recommendation of “Moderate Buy” by the eighteen research firms that are presently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $200.4375.

TER has been the subject of a number of analyst reports. Zacks Research lowered Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Citigroup lifted their price objective on shares of Teradyne from $117.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Industrial Alliance Securities set a $175.00 target price on shares of Teradyne in a research report on Tuesday, October 28th. Cantor Fitzgerald reissued an “overweight” rating and set a $240.00 target price on shares of Teradyne in a report on Tuesday, December 16th. Finally, JPMorgan Chase & Co. raised their target price on Teradyne from $122.00 to $190.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th.

Teradyne Stock Up 0.2%

Shares of TER opened at $228.15 on Friday. The business’s fifty day moving average is $194.38 and its 200 day moving average is $147.65. Teradyne has a 12-month low of $65.77 and a 12-month high of $238.92. The stock has a market cap of $35.73 billion, a P/E ratio of 82.96, a P/E/G ratio of 1.65 and a beta of 1.84.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Wednesday, October 29th. The company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.07. Teradyne had a net margin of 15.49% and a return on equity of 18.04%. The firm had revenue of $769.21 million for the quarter, compared to the consensus estimate of $744.20 million. During the same quarter in the prior year, the company posted $0.90 earnings per share. The business’s revenue was up 4.3% on a year-over-year basis. On average, analysts expect that Teradyne will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, November 24th were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Teradyne’s dividend payout ratio is 17.45%.

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $201.31, for a total transaction of $223,051.48. Following the completion of the sale, the chief executive officer directly owned 93,409 shares in the company, valued at approximately $18,804,165.79. This represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.16% of the company’s stock.

Institutional Investors Weigh In On Teradyne

Hedge funds and other institutional investors have recently bought and sold shares of the business. True Wealth Design LLC raised its position in shares of Teradyne by 49.6% in the 4th quarter. True Wealth Design LLC now owns 211 shares of the company’s stock worth $41,000 after purchasing an additional 70 shares during the last quarter. Root Financial Partners LLC bought a new position in Teradyne in the 3rd quarter valued at approximately $31,000. Davidson Capital Management Inc. purchased a new stake in Teradyne during the 3rd quarter valued at $31,000. Hemington Wealth Management boosted its stake in Teradyne by 43.2% during the 3rd quarter. Hemington Wealth Management now owns 262 shares of the company’s stock valued at $36,000 after purchasing an additional 79 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp bought a new position in Teradyne during the 3rd quarter valued at about $41,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.