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

Shares of Teradyne, Inc. (NASDAQ:TERGet Rating) have received a consensus recommendation of “Moderate Buy” from the twenty-eight brokerages that are currently covering the firm, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $93.12.

Several equities research analysts have recently commented on the company. StockNews.com assumed coverage on Teradyne in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Susquehanna Bancshares upped their price objective on Teradyne from $83.00 to $100.00 in a report on Thursday, October 27th. JPMorgan Chase & Co. reduced their price objective on Teradyne from $105.00 to $85.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 12th. Evercore ISI set a $110.00 target price on Teradyne in a research report on Wednesday. Finally, UBS Group reduced their target price on Teradyne from $135.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, July 28th.

Insider Buying and Selling at Teradyne

In other Teradyne news, insider Brad Robbins sold 3,144 shares of the firm’s stock in a transaction that occurred on Friday, September 30th. The stock was sold at an average price of $75.84, for a total transaction of $238,440.96. Following the completion of the sale, the insider now owns 44,755 shares in the company, valued at approximately $3,394,219.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.36% of the stock is owned by insiders.

Institutional Trading of Teradyne

Hedge funds have recently made changes to their positions in the stock. Bartlett & Co. LLC bought a new stake in Teradyne during the 2nd quarter valued at $26,000. Oliver Lagore Vanvalin Investment Group bought a new stake in Teradyne during the 1st quarter valued at $29,000. Clear Street Markets LLC raised its stake in Teradyne by 401.5% during the 2nd quarter. Clear Street Markets LLC now owns 336 shares of the company’s stock valued at $30,000 after acquiring an additional 269 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its position in shares of Teradyne by 700.0% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 400 shares of the company’s stock valued at $36,000 after purchasing an additional 350 shares during the period. Finally, Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Teradyne during the 3rd quarter valued at $37,000. Institutional investors own 98.52% of the company’s stock.

Teradyne Stock Performance

Shares of Teradyne stock opened at $94.03 on Friday. Teradyne has a one year low of $67.81 and a one year high of $168.91. The company has a market cap of $14.65 billion, a PE ratio of 21.04, a P/E/G ratio of 5.28 and a beta of 1.50. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.59 and a current ratio of 3.03. The business has a 50-day simple moving average of $80.76 and a 200-day simple moving average of $88.92.

Teradyne (NASDAQ:TERGet Rating) last posted its earnings results on Tuesday, October 25th. The company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.11. The firm had revenue of $827.07 million during the quarter, compared to analysts’ expectations of $800.20 million. Teradyne had a return on equity of 33.39% and a net margin of 23.38%. The firm’s revenue was down 13.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.59 earnings per share. On average, equities research analysts forecast that Teradyne will post 4.07 EPS for the current fiscal year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 21st. Shareholders of record on Monday, November 28th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, November 25th. This represents a $0.44 dividend on an annualized basis and a yield of 0.47%. Teradyne’s dividend payout ratio (DPR) is presently 9.84%.

About Teradyne

(Get Rating)

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications.

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Analyst Recommendations for Teradyne (NASDAQ:TER)

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