Teradyne (NASDAQ:TER) will be releasing its earnings data after the market closes on Tuesday, October 26th. Analysts expect Teradyne to post earnings of $1.45 per share for the quarter. Teradyne has set its Q3 2021 guidance at $1.290-$1.550 EPS and its Q3 guidance at $1.29-1.55 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Tuesday, July 27th. The company reported $1.91 EPS for the quarter, topping the Zacks’ consensus estimate of $1.75 by $0.16. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. Teradyne had a net margin of 27.65% and a return on equity of 41.35%. Teradyne’s quarterly revenue was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.33 EPS. On average, analysts expect Teradyne to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Shares of TER opened at $116.12 on Friday. The company has a 50-day simple moving average of $116.56 and a 200-day simple moving average of $123.53. The company has a quick ratio of 2.51, a current ratio of 2.74 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $19.31 billion, a PE ratio of 22.72, a P/E/G ratio of 1.56 and a beta of 1.27. Teradyne has a 52-week low of $85.00 and a 52-week high of $147.90.
A number of equities analysts have recently issued reports on TER shares. Rosenblatt Securities reiterated a “buy” rating and issued a $180.00 price target on shares of Teradyne in a report on Thursday, August 26th. DA Davidson upgraded shares of Teradyne from a “neutral” rating to a “buy” rating and raised their target price for the company from $135.00 to $140.00 in a report on Thursday, October 7th. Susquehanna Bancshares upgraded shares of Teradyne from a “neutral” rating to a “positive” rating and raised their target price for the company from $148.00 to $165.00 in a report on Thursday, July 29th. Susquehanna upgraded shares of Teradyne from a “neutral” rating to a “positive” rating and raised their target price for the company from $148.00 to $165.00 in a report on Thursday, July 29th. Finally, Piper Sandler assumed coverage on shares of Teradyne in a report on Thursday, October 14th. They set an “overweight” rating and a $137.00 target price for the company. One research analyst has rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $154.15.
In related news, insider Richard John Burns sold 261 shares of the stock in a transaction on Monday, October 4th. The stock was sold at an average price of $108.43, for a total value of $28,300.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Marilyn Matz sold 4,157 shares of the company’s stock in a transaction dated Friday, September 10th. The shares were sold at an average price of $120.18, for a total transaction of $499,588.26. Following the completion of the transaction, the director now directly owns 13,976 shares of the company’s stock, valued at $1,679,635.68. The disclosure for this sale can be found here. Corporate insiders own 0.36% of the company’s stock.
An institutional investor recently raised its position in Teradyne stock. Morgan Stanley raised its position in Teradyne, Inc. (NASDAQ:TER) by 13.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 650,172 shares of the company’s stock after buying an additional 77,756 shares during the period. Morgan Stanley owned approximately 0.39% of Teradyne worth $87,095,000 at the end of the most recent quarter. 93.46% of the stock is owned by institutional investors and hedge funds.
Teradyne Company Profile
Teradyne, Inc engages in the development and sale of self automatic test systems. It operates through the following segments: Semiconductor Test, Industrial Automation, System Test, and Wireless Test. The Semiconductor Test segment designs, manufactures, and markets semiconductor test products and services.
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