Wall Street Zen upgraded shares of Teradyne (NASDAQ:TER – Free Report) from a hold rating to a buy rating in a research report sent to investors on Saturday,Wall Street Zen reports.
A number of other brokerages have also weighed in on TER. UBS Group increased their price objective on Teradyne from $440.00 to $500.00 and gave the company a “buy” rating in a report on Monday, July 20th. Susquehanna raised their price objective on Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. Zacks Research downgraded Teradyne from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Morgan Stanley lifted their target price on Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $465.00 target price on shares of Teradyne in a research report on Tuesday, July 28th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $396.80.
View Our Latest Research Report on Teradyne
Teradyne Stock Up 0.0%
TER opened at $308.85 on Friday. Teradyne has a 52-week low of $144.07 and a 52-week high of $487.91. The company has a market cap of $48.29 billion, a P/E ratio of 42.37, a price-to-earnings-growth ratio of 0.62 and a beta of 1.75. The firm’s 50-day moving average price is $373.22 and its 200-day moving average price is $374.76.
Teradyne (NASDAQ:TER – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the firm posted $0.57 EPS. Teradyne’s revenue was up 103.9% on a year-over-year basis. On average, research analysts anticipate that Teradyne will post 9.11 EPS for the current fiscal year.
Teradyne Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were issued a $0.13 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. Teradyne’s payout ratio is presently 7.13%.
Insider Transactions at Teradyne
In other Teradyne news, CEO Gregory Smith sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total value of $1,365,120.00. Following the sale, the chief executive officer owned 104,495 shares in the company, valued at approximately $35,662,053.60. This represents a 3.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,000 shares of company stock valued at $4,416,440 over the last three months. Insiders own 0.19% of the company’s stock.
Institutional Trading of Teradyne
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TER. Carolina Wealth Advisors LLC grew its position in shares of Teradyne by 42.5% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock valued at $55,000 after acquiring an additional 34 shares during the period. Purus Wealth Management LLC increased its holdings in Teradyne by 0.3% in the 3rd quarter. Purus Wealth Management LLC now owns 11,145 shares of the company’s stock worth $4,468,000 after acquiring an additional 35 shares in the last quarter. Pinnacle Associates Ltd. raised its position in Teradyne by 1.8% during the third quarter. Pinnacle Associates Ltd. now owns 1,940 shares of the company’s stock worth $778,000 after acquiring an additional 35 shares during the period. Vestor Capital LLC raised its position in Teradyne by 15.4% during the first quarter. Vestor Capital LLC now owns 285 shares of the company’s stock worth $85,000 after acquiring an additional 38 shares during the period. Finally, Ashton Thomas Private Wealth LLC raised its position in Teradyne by 5.8% during the second quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock worth $352,000 after acquiring an additional 40 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.
More Teradyne News
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Analysts remain constructive on Teradyne ahead of earnings, citing strong AI-driven demand, expanding semiconductor-test opportunities, a favorable Q3 outlook and a history of earnings beats. Should You Buy, Sell, or Hold TER Stock Before Q3 Earnings Release?
- Positive Sentiment: Teradyne is being positioned as a potentially stronger AI-component investment than AMD because of its diversified AI exposure, semiconductor-test demand and expected growth potential. TER vs. AMD: Which AI Component Supplier Stock Is the Better Buy?
- Positive Sentiment: Teradyne Robotics and Sereact are expanding their partnership to combine Sereact’s physical-AI software with Universal Robots’ collaborative arms for warehouse tasks, including automated returns handling. The deployment of hundreds of systems could improve Teradyne’s exposure to logistics and industrial automation. How Teradyne, NVIDIA & Sereact Automate Retail Returns
- Neutral Sentiment: October 27 earnings are the next major catalyst. Investors will look for confirmation that AI-related semiconductor testing is offsetting broader industry risks and supporting the company’s upbeat outlook. Teradyne stock: Results date arrives October 27
- Negative Sentiment: TER sold off alongside chip and AI stocks as investors questioned whether the sector can sustain its rebound. Reports also cited component shortages and cleanroom capacity constraints that could limit semiconductor-equipment makers’ ability to meet demand through 2027. Teradyne slumps as tech sector falls
Teradyne Company Profile
Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.
The company’s product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.
Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.
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