Teradyne, Inc. (TER) To Go Ex-Dividend on November 24th

Teradyne, Inc. (NASDAQ:TER) announced a quarterly dividend on Monday, November 10th. Stockholders of record on Monday, November 24th will be paid a dividend of 0.12 per share on Wednesday, December 17th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, November 24th.

Teradyne has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years. Teradyne has a payout ratio of 10.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Teradyne to earn $5.10 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 9.4%.

Teradyne Price Performance

TER opened at $158.91 on Friday. The firm has a market capitalization of $24.89 billion, a price-to-earnings ratio of 57.79, a price-to-earnings-growth ratio of 3.64 and a beta of 1.90. The company’s 50 day simple moving average is $150.06 and its two-hundred day simple moving average is $114.67. Teradyne has a 1-year low of $65.77 and a 1-year high of $191.56.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.78 by $0.07. The firm had revenue of $769.21 million during the quarter, compared to analysts’ expectations of $744.20 million. Teradyne had a return on equity of 18.04% and a net margin of 15.49%.The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.90 earnings per share. On average, equities analysts anticipate that Teradyne will post 3.88 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on TER shares. Citigroup boosted their target price on shares of Teradyne from $117.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Stifel Nicolaus boosted their price objective on shares of Teradyne from $119.00 to $135.00 and gave the company a “hold” rating in a report on Tuesday, October 28th. The Goldman Sachs Group increased their target price on shares of Teradyne from $130.00 to $148.00 and gave the stock a “sell” rating in a research note on Thursday, October 30th. Morgan Stanley boosted their price target on shares of Teradyne from $100.00 to $136.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Teradyne in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $171.25.

Teradyne Company Profile

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.