Investment Analysts’ Recent Ratings Updates for Teradyne (TER)

Teradyne (NASDAQ: TER) has recently received a number of price target changes and ratings updates:

• 10/21/2024 – Teradyne was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 10/15/2024 – Teradyne was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 10/9/2024 – Teradyne had its price target raised by analysts at Evercore ISI from $130.00 to $145.00. They now have an “overweight” rating on the stock.
• 10/8/2024 – Teradyne was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

Teradyne Stock Down 0.8 %

Shares of TER traded down $1.03 during trading hours on Wednesday, reaching $124.33. The stock had a trading volume of 1,905,945 shares, compared to its average volume of 1,984,392. The firm has a 50-day moving average of $130.28 and a 200 day moving average of $131.90. The company has a market cap of $19.41 billion, a P/E ratio of 47.27, a P/E/G ratio of 2.58 and a beta of 1.49. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $163.21.

Teradyne (NASDAQ:TER) last released its earnings results on Wednesday, July 24th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.77 by $0.09. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The firm had revenue of $729.88 million for the quarter, compared to analysts’ expectations of $701.20 million. During the same quarter in the previous year, the business posted $0.79 EPS. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. As a group, equities analysts expect that Teradyne, Inc. will post 3.02 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend was Thursday, September 5th. Teradyne’s dividend payout ratio (DPR) is currently 18.25%.

Insider Buying and Selling at Teradyne

In related news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the sale, the chief executive officer now owns 83,816 shares in the company, valued at approximately $10,896,080. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the transaction, the chief executive officer now owns 83,816 shares in the company, valued at approximately $10,896,080. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $133.49, for a total value of $83,431.25. Following the completion of the sale, the director now owns 16,518 shares of the company’s stock, valued at $2,204,987.82. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 14,977 shares of company stock worth $1,979,834 over the last quarter. 0.36% of the stock is currently owned by insiders.

Institutional Trading of Teradyne

A number of institutional investors have recently modified their holdings of TER. Chesley Taft & Associates LLC lifted its stake in Teradyne by 18.6% during the first quarter. Chesley Taft & Associates LLC now owns 13,440 shares of the company’s stock worth $1,516,000 after purchasing an additional 2,110 shares during the last quarter. Bouvel Investment Partners LLC boosted its stake in Teradyne by 0.5% in the first quarter. Bouvel Investment Partners LLC now owns 22,779 shares of the company’s stock valued at $2,570,000 after buying an additional 112 shares in the last quarter. Thrive Wealth Management LLC grew its position in Teradyne by 7.7% in the first quarter. Thrive Wealth Management LLC now owns 2,567 shares of the company’s stock valued at $290,000 after acquiring an additional 184 shares during the last quarter. Capital Asset Advisory Services LLC raised its stake in Teradyne by 4.7% during the first quarter. Capital Asset Advisory Services LLC now owns 3,892 shares of the company’s stock worth $418,000 after acquiring an additional 176 shares in the last quarter. Finally, Register Financial Advisors LLC acquired a new position in Teradyne during the first quarter worth about $113,000. 99.77% of the stock is currently owned by institutional investors.

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.