Teradyne (TER) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the closing of the recent trading day, Teradyne (TER) stood at $153.48, denoting a -0.45% change from the preceding trading day.
Here is how Teradyne (TER) and Tencent Music Entertainment Group Sponsored ADR (TME) have performed compared to their sector so far this year.
The latest trading day saw Teradyne (TER) settling at $147.57, representing a +0.48% change from its previous close.
Teradyne (TER) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Teradyne (TER) closed the most recent trading day at $148.45, moving +0.34% from the previous trading session.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Teradyne (TER) reachead $147.64 at the closing of the latest trading day, reflecting a -0.82% change compared to its last close.
Teradyne should continue rallying for another two to three years on several growth catalysts. The semiconductor industry is poised to grow 16% and 12% in 2024 and 2025, creating strong demand for semiconductor testing equipment. The high demand for AI GPUs and HBM memory chips should give TER's revenues a strong boost in 2025 and 2026.
In the most recent trading session, Teradyne (TER) closed at $143.23, indicating a -1.49% shift from the previous trading day.
Teradyne (TER) reported earnings 30 days ago. What's next for the stock?
Meridian Wealth Management LLC acquired a new position in Teradyne, Inc. (NASDAQ:TER – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,104 shares of the company’s stock, valued at approximately $228,000. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. FMR LLC lifted its holdings in shares of Teradyne by 3.9% during the third quarter. FMR LLC now owns 11,533,715 shares of the company’s stock worth $1,158,677,000 after buying an additional 437,054 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Teradyne by 2.5% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,432,153 shares of the company’s stock valued at $445,254,000 after purchasing an additional 106,848 shares during the period. Van ECK Associates Corp grew its position in Teradyne by 26.9% in the 4th quarter. Van ECK Associates Corp now owns 4,361,091 shares of the company’s stock worth $473,265,000 after purchasing an additional 923,612 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Teradyne by 4.6% during the 3rd quarter. Nordea Investment Management AB now owns 3,177,256 shares of the company’s stock worth $321,062,000 after purchasing an additional 140,579 shares during the period. Finally, Boston Partners increased its holdings in shares of Teradyne by 23.2% during the 4th quarter. Boston Partners now owns 2,896,349 shares of the company’s stock worth $314,324,000 after purchasing an additional 544,482 shares during the period. Institutional investors own 99.77% of the company’s stock. Analyst Upgrades and Downgrades Several research analysts recently issued reports on TER shares. Robert W. Baird increased their price target on shares of Teradyne from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Evercore ISI started coverage on shares of Teradyne in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 target price on the stock. Cantor Fitzgerald reiterated a “neutral” rating and set a $110.00 target price on shares of Teradyne in a research report on Thursday, April 25th. JPMorgan Chase & Co. boosted their price target on shares of Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. Finally, Susquehanna raised their price objective on shares of Teradyne from $125.00 to $130.00 and gave the stock a “positive” rating in a report on Friday, April 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $117.83. Get Our Latest Research Report on Teradyne Insider Activity In related news, CFO Sanjay Mehta sold 3,750 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $120.06, for a total transaction of $450,225.00. Following the transaction, the chief financial officer now directly owns 41,902 shares in the company, valued at $5,030,754.12. The sale was disclosed in a filing with the SEC, which is available through this link. In other Teradyne news, Director Mercedes Johnson sold 625 shares of the stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $121.20, for a total value of $75,750.00. Following the transaction, the director now directly owns 17,142 shares of the company’s stock, valued at approximately $2,077,610.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Sanjay Mehta sold 3,750 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $120.06, for a total value of $450,225.00. Following the completion of the transaction, the chief financial officer now directly owns 41,902 shares in the company, valued at approximately $5,030,754.12. The disclosure for this sale can be found here. 0.18% of the stock is owned by corporate insiders. Teradyne Trading Up 0.3 % TER stock opened at $131.91 on Monday. Teradyne, Inc. has a 1-year low of $81.07 and a 1-year high of $133.46. The business’s 50-day moving average price is $111.48 and its two-hundred day moving average price is $103.97. The firm has a market cap of $20.59 billion, a PE ratio of 50.16 and a beta of 1.50. Teradyne (NASDAQ:TER – Get Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.18. The firm had revenue of $599.82 million for the quarter, compared to analyst estimates of $566.31 million. Teradyne had a net margin of 16.15% and a return on equity of 18.88%. The business’s revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.55 earnings per share. On average, analysts forecast that Teradyne, Inc. will post 3.02 earnings per share for the current year. Teradyne Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Wednesday, May 22nd will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, May 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.36%. Teradyne’s dividend payout ratio is 18.25%. About Teradyne (Free Report) Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications. Read More Five stocks we like better than Teradyne Investing In Automotive Stocks JD’s Earnings Could Mean Chinese Stocks Making a Comeback How to Invest in Tech Stocks and Top Tech Stocks to Consider Canada Goose Flies Higher Driven By DTC Growth 3 Grocery Stocks That Are Proving They Are Still Essential CVS Health Stock Has a Silver Lining Called Value