2 weeks Ago By ABMN Staff
Shares of Teradyne, Inc. ( NASDAQ:TER – Get Free Report ) have been given an average rating of “Hold” by the fifteen brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating on the company.
The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $141.50. A number of brokerages recently issued reports on TER.
Evercore ISI downgraded Teradyne from a “strong-buy” rating to a “hold” rating in a report on Friday, July 26th. UBS Group upped their target price on Teradyne from $130.00 to $170.
00 and gave the company a “buy” rating in a report on Tuesday, June 18th. KeyCorp lifted their price target on shares of Teradyne from $160.00 to $180.
00 and gave the company an “overweight” rating in a report on Friday, July 12th. JPMorgan Chase & Co. upped their price objective on shares of Teradyne from $120.
00 to $145.00 and gave the stock a “neutral” rating in a report on Tuesday, July 23rd. Finally, Susquehanna lifted their target price on shares of Teradyne from $130.
00 to $145.00 and gave the company a “positive” rating in a research note on Friday, July 26th. Read Our Latest Stock Analysis on TER Teradyne Stock Performance Teradyne ( NASDAQ:TER – Get Free Report ) last announced its quarterly earnings results on Wednesday, July 24th.
The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.
09. Teradyne had a net margin of 18.33% and a return on equity of 18.
77%. The business had revenue of $729.88 million during the quarter, compared to analysts’ expectations of $701.
20 million. During the same quarter in the prior year, the company posted $0.79 EPS.
The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. Research analysts predict that Teradyne will post 3.
02 EPS for the current year. Teradyne Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Thursday, September 5th were given a dividend of $0.
12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.
36%. The ex-dividend date of this dividend was Thursday, September 5th. Teradyne’s dividend payout ratio (DPR) is presently 18.
25%. Insider Buying and Selling at Teradyne In related news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $130.
00, for a total transaction of $400,400.00. Following the sale, the chief executive officer now directly owns 83,816 shares of the company’s stock, valued at $10,896,080.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link . In other Teradyne news, Director Mercedes Johnson sold 625 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $133.
49, for a total transaction of $83,431.25. Following the sale, the director now owns 16,518 shares in the company, valued at approximately $2,204,987.
82. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction dated Wednesday, September 11th.
The shares were sold at an average price of $130.00, for a total value of $400,400.00.
Following the completion of the transaction, the chief executive officer now owns 83,816 shares in the company, valued at $10,896,080. The disclosure for this sale can be found here . Over the last 90 days, insiders sold 10,483 shares of company stock worth $1,383,031.
0.36% of the stock is owned by insiders. Institutional Investors Weigh In On Teradyne Hedge funds have recently bought and sold shares of the business.
Stifel Financial Corp increased its holdings in Teradyne by 0.8% during the 4th quarter. Stifel Financial Corp now owns 202,454 shares of the company’s stock worth $21,971,000 after purchasing an additional 1,632 shares during the period.
Bank of Nova Scotia raised its holdings in shares of Teradyne by 342.4% during the fourth quarter. Bank of Nova Scotia now owns 142,505 shares of the company’s stock valued at $15,465,000 after acquiring an additional 110,295 shares during the last quarter.
California State Teachers Retirement System lifted its position in Teradyne by 2.1% during the fourth quarter. California State Teachers Retirement System now owns 246,932 shares of the company’s stock worth $26,797,000 after buying an additional 5,146 shares in the last quarter.
APG Asset Management US Inc. acquired a new stake in Teradyne in the 4th quarter valued at approximately $3,365,000. Finally, KBC Group NV raised its holdings in Teradyne by 1,544.
3% in the fourth quarter. KBC Group NV now owns 473,221 shares of the company’s stock valued at $51,354,000 after acquiring an additional 444,442 shares in the last quarter. Hedge funds and other institutional investors own 99.
77% of the company’s stock. About Teradyne ( Get Free Report 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. Read More Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter .
.
