News articles about Teradyne (NYSE:TER) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Teradyne earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 45.8187361809569 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s analysis:
- Head to Head Contrast: Teradyne (NYSE:TER) and KLA-Tencor Corporation (KLAC) (americanbankingnews.com)
- Teradyne, Inc. (NYSE:TER) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Zacks: Brokerages Expect Teradyne, Inc. (NYSE:TER) to Announce $0.86 Earnings Per Share (americanbankingnews.com)
- Teradyne, Inc. (NYSE:TER) Experiences Heavier than Average Trading Volume – Highlight Press (highlightpress.com)
- Teradyne, Inc. (TER) registers a price change of 2.50% while SPI Energy Co., Ltd. (SPI) finishes with a flow of -2.11% – Stocks Gallery (stocksgallery.com)
Shares of Teradyne (NYSE:TER) opened at 34.09 on Tuesday. Teradyne has a 12-month low of $19.43 and a 12-month high of $36.59. The company’s market capitalization is $6.78 billion. The firm’s 50-day moving average price is $33.97 and its 200-day moving average price is $30.58.
Teradyne (NYSE:TER) last issued its quarterly earnings data on Wednesday, April 26th. The semiconductor company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.06. The business had revenue of $457 million during the quarter, compared to the consensus estimate of $440.96 million. Teradyne had a negative net margin of 0.46% and a positive return on equity of 18.34%. The company’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.31 earnings per share. On average, analysts expect that Teradyne will post $1.89 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 23rd. Shareholders of record on Thursday, June 1st were given a $0.07 dividend. The ex-dividend date of this dividend was Tuesday, May 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.82%. Teradyne’s dividend payout ratio (DPR) is currently -699.83%.
A number of equities analysts recently commented on the company. Needham & Company LLC raised their target price on Teradyne from $32.00 to $40.00 and gave the stock a “buy” rating in a report on Friday, April 28th. ValuEngine raised Teradyne from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research cut Teradyne from a “strong-buy” rating to a “hold” rating in a report on Monday, June 5th. BidaskClub raised Teradyne from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Cowen and Company raised their target price on Teradyne from $35.00 to $41.00 and gave the stock an “outperform” rating in a report on Thursday, April 27th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $31.71.
In other Teradyne news, Director Michael A. Bradley sold 9,235 shares of the company’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $35.32, for a total value of $326,180.20. Following the completion of the transaction, the director now owns 195,405 shares in the company, valued at $6,901,704.60. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mercedes Johnson sold 8,000 shares of the company’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $35.07, for a total transaction of $280,560.00. Following the completion of the transaction, the director now owns 14,773 shares of the company’s stock, valued at approximately $518,089.11. The disclosure for this sale can be found here. In the last quarter, insiders sold 20,467 shares of company stock valued at $721,961. Insiders own 0.62% of the company’s stock.
Teradyne Company Profile
Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.
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