Teradyne (TER) – Investment Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Teradyne (NASDAQ: TER):

• 10/27/2024 – Teradyne was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 10/25/2024 – Teradyne had its price target lowered by analysts at Robert W. Baird from $140.00 to $133.00. They now have an “outperform” rating on the stock.
• 10/25/2024 – Teradyne had its price target lowered by analysts at Northland Securities from $126.00 to $117.00. They now have a “market perform” rating on the stock.
• 10/25/2024 – Teradyne had its price target lowered by analysts at Craig Hallum from $124.00 to $111.00. They now have a “hold” rating on the stock.
• 10/25/2024 – Teradyne had its price target lowered by analysts at Stifel Nicolaus from $140.00 to $125.00. They now have a “hold” rating on the stock.
• 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 Performance

Shares of Teradyne stock traded down $1.89 during midday trading on Wednesday, reaching $106.44. 380,936 shares of the company’s stock traded hands, compared to its average volume of 2,033,697. The company has a market cap of $17.33 billion, a PE ratio of 33.79, a price-to-earnings-growth ratio of 2.36 and a beta of 1.52. The stock has a 50 day moving average of $123.50 and a 200-day moving average of $132.48. Teradyne, Inc. has a 12 month low of $89.15 and a 12 month high of $163.21.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.12. The business had revenue of $737.30 million during the quarter, compared to analysts’ expectations of $716.40 million. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 EPS. On average, equities analysts anticipate that Teradyne, Inc. will post 3.15 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Monday, November 25th will be paid a dividend of $0.12 per share. The ex-dividend date is Monday, November 25th. This represents a $0.48 annualized dividend and a yield of 0.45%. Teradyne’s dividend payout ratio (DPR) is 15.24%.

Insider Transactions at Teradyne

In related news, CFO Sanjay Mehta sold 6,153 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total transaction of $818,718.18. Following the completion of the sale, the chief financial officer now directly owns 35,834 shares in the company, valued at approximately $4,768,072.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Teradyne news, CFO Sanjay Mehta sold 6,153 shares of the company’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total value of $818,718.18. Following the completion of the sale, the chief financial officer now directly owns 35,834 shares in the company, valued at $4,768,072.04. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mercedes Johnson sold 625 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total value of $83,000.00. Following the transaction, the director now owns 15,893 shares of the company’s stock, valued at approximately $2,110,590.40. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 14,352 shares of company stock worth $1,899,353 over the last quarter. 0.36% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Teradyne

Hedge funds have recently bought and sold shares of the stock. Swedbank AB grew its stake in Teradyne by 198.8% during the 2nd quarter. Swedbank AB now owns 641,614 shares of the company’s stock worth $95,145,000 after buying an additional 426,900 shares during the last quarter. Ossiam grew its stake in shares of Teradyne by 13,540.0% in the 1st quarter. Ossiam now owns 419,977 shares of the company’s stock valued at $47,386,000 after purchasing an additional 416,898 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in shares of Teradyne by 4,854.1% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 398,009 shares of the company’s stock valued at $44,907,000 after purchasing an additional 389,975 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Teradyne by 18.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,432,722 shares of the company’s stock valued at $325,814,000 after purchasing an additional 374,522 shares during the last quarter. Finally, Eagle Asset Management Inc. grew its stake in shares of Teradyne by 70.8% in the 3rd quarter. Eagle Asset Management Inc. now owns 742,207 shares of the company’s stock valued at $99,404,000 after purchasing an additional 307,724 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

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.