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

Shares of Teradyne, Inc. (NASDAQ:TERGet Free Report) have been given an average rating of “Moderate Buy” by the seventeen research firms that are presently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $275.5333.

Several research analysts have commented on TER shares. Weiss Ratings reissued a “hold (c)” rating on shares of Teradyne in a research report on Thursday, January 22nd. Stifel Nicolaus set a $325.00 target price on Teradyne in a research report on Wednesday, February 4th. Vertical Research lowered Teradyne from a “buy” rating to a “hold” rating and set a $220.00 target price for the company. in a research note on Friday, January 9th. Bank of America raised their target price on Teradyne from $250.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Finally, Northland Securities reissued a “market perform” rating and set a $270.00 price target on shares of Teradyne in a research report on Wednesday, February 4th.

Read Our Latest Analysis on Teradyne

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TER. Caitong International Asset Management Co. Ltd acquired a new position in Teradyne in the fourth quarter worth about $28,000. Root Financial Partners LLC acquired a new stake in Teradyne during the third quarter valued at approximately $31,000. Davidson Capital Management Inc. acquired a new stake in Teradyne during the third quarter valued at approximately $31,000. CYBER HORNET ETFs LLC bought a new position in Teradyne during the 2nd quarter worth approximately $35,000. Finally, Hemington Wealth Management lifted its holdings in Teradyne by 43.2% during the 3rd quarter. Hemington Wealth Management now owns 262 shares of the company’s stock worth $36,000 after buying an additional 79 shares during the last quarter. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

More Teradyne News

Here are the key news stories impacting Teradyne this week:

Teradyne Stock Down 0.8%

TER opened at $309.61 on Friday. Teradyne has a 52-week low of $65.77 and a 52-week high of $344.92. The company has a 50 day moving average of $296.18 and a two-hundred day moving average of $217.01. The company has a market cap of $48.47 billion, a P/E ratio of 88.97, a P/E/G ratio of 1.94 and a beta of 1.79.

Teradyne (NASDAQ:TERGet Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.44. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The business’s revenue for the quarter was up 43.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.95 EPS. Research analysts anticipate that Teradyne will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 13th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, February 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Teradyne’s dividend payout ratio (DPR) is currently 14.94%.

Teradyne Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Teradyne (NASDAQ:TER)

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