Teradyne, Inc. (NYSE:TER) Receives Average Recommendation of “Hold” from Analysts

Teradyne, Inc. (NYSE:TER) has received an average rating of “Hold” from the fourteen ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $71.58.

A number of equities analysts have recently weighed in on the company. Deutsche Bank boosted their target price on Teradyne from $70.00 to $73.00 and gave the stock a “hold” rating in a research note on Friday, January 24th. DA Davidson upped their price objective on Teradyne from $60.00 to $72.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Evercore ISI upgraded Teradyne from an “in-line” rating to an “outperform” rating and upped their price objective for the company from $65.00 to $85.00 in a research note on Monday, January 13th. Susquehanna Bancshares downgraded Teradyne from a “neutral” rating to a “negative” rating and upped their price objective for the company from $52.00 to $55.00 in a research note on Friday, January 24th. Finally, UBS Group upped their price objective on Teradyne from $61.00 to $77.00 and gave the company a “neutral” rating in a research note on Friday, January 24th.

In other Teradyne news, VP Charles Jeffrey Gray sold 10,271 shares of the stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $71.37, for a total transaction of $733,041.27. Following the sale, the vice president now owns 75,396 shares in the company, valued at $5,381,012.52. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider King Wallace 362,138 shares of the firm’s stock in a transaction dated Tuesday, November 26th. In the last quarter, insiders sold 125,190 shares of company stock worth $8,776,159. 0.49% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the business. Wealthfront Advisers LLC bought a new stake in shares of Teradyne in the third quarter worth about $239,000. Envestnet Asset Management Inc. increased its holdings in shares of Teradyne by 15.6% in the third quarter. Envestnet Asset Management Inc. now owns 105,766 shares of the semiconductor company’s stock worth $6,125,000 after acquiring an additional 14,261 shares in the last quarter. NEXT Financial Group Inc increased its holdings in shares of Teradyne by 8.9% in the third quarter. NEXT Financial Group Inc now owns 3,552 shares of the semiconductor company’s stock worth $206,000 after acquiring an additional 291 shares in the last quarter. Coastal Investment Advisors Inc. increased its holdings in shares of Teradyne by 18.0% in the third quarter. Coastal Investment Advisors Inc. now owns 2,006 shares of the semiconductor company’s stock worth $116,000 after acquiring an additional 306 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Teradyne by 3.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,060 shares of the semiconductor company’s stock worth $640,000 after acquiring an additional 374 shares in the last quarter.

Shares of NYSE TER opened at $70.16 on Friday. Teradyne has a twelve month low of $38.00 and a twelve month high of $81.57. The stock’s 50 day moving average price is $69.72 and its 200-day moving average price is $62.24. The company has a market capitalization of $12.06 billion, a PE ratio of 29.98, a PEG ratio of 2.02 and a beta of 1.25. The company has a quick ratio of 3.76, a current ratio of 4.10 and a debt-to-equity ratio of 0.23.

Teradyne (NYSE:TER) last announced its earnings results on Wednesday, January 22nd. The semiconductor company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.09. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The firm had revenue of $654.70 million for the quarter, compared to the consensus estimate of $611.95 million. During the same quarter in the previous year, the business earned $0.63 EPS. The company’s revenue was up 26.0% compared to the same quarter last year. As a group, research analysts expect that Teradyne will post 2.25 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 21st will be paid a $0.10 dividend. This is an increase from Teradyne’s previous quarterly dividend of $0.09. The ex-dividend date is Thursday, February 20th. This represents a $0.40 annualized dividend and a yield of 0.57%. Teradyne’s dividend payout ratio is presently 15.38%.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

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Analyst Recommendations for Teradyne (NYSE:TER)

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