Susquehanna Raises Teradyne (NASDAQ:TER) Price Target to $130.00

Teradyne (NASDAQ:TER) had its price target boosted by Susquehanna from $125.00 to $130.00 in a research report sent to investors on Friday, Benzinga reports. They currently have a positive rating on the stock.

TER has been the topic of several other reports. Robert W. Baird upped their price objective on shares of Teradyne from $110.00 to $120.00 and gave the company an outperform rating in a report on Friday. JPMorgan Chase & Co. increased their price target on shares of Teradyne from $100.00 to $110.00 and gave the stock a neutral rating in a report on Thursday, April 11th. Evercore ISI started coverage on shares of Teradyne in a report on Tuesday, April 16th. They set an outperform rating and a $130.00 price target on the stock. Finally, Cantor Fitzgerald restated a neutral rating and set a $110.00 price objective on shares of Teradyne in a research report on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus price target of $117.83.

Teradyne Trading Up 3.6 %

NASDAQ:TER opened at $118.29 on Friday. The company’s 50 day moving average is $105.94 and its two-hundred day moving average is $100.68. The company has a market cap of $18.09 billion, a PE ratio of 44.98 and a beta of 1.56. Teradyne has a twelve month low of $81.07 and a twelve month high of $119.20.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.33 by $0.18. The business had revenue of $599.82 million for the quarter, compared to the consensus estimate of $566.31 million. Teradyne had a net margin of 16.15% and a return on equity of 18.88%. The business’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.55 EPS. As a group, analysts expect that Teradyne will post 2.87 EPS for the current fiscal year.

Insider Activity

In other Teradyne news, Director Ernest E. Maddock acquired 1,000 shares of the stock in a transaction dated Thursday, February 1st. The stock was acquired at an average price of $94.07 per share, with a total value of $94,070.00. Following the completion of the purchase, the director now owns 4,728 shares in the company, valued at approximately $444,762.96. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.18% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Cornerstone Planning Group LLC acquired a new stake in Teradyne in the third quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Teradyne in the third quarter valued at approximately $27,000. CVA Family Office LLC acquired a new stake in Teradyne in the fourth quarter valued at approximately $33,000. Bfsg LLC acquired a new stake in Teradyne in the first quarter valued at approximately $34,000. Finally, Venturi Wealth Management LLC acquired a new stake in Teradyne in the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

About Teradyne

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.