Brokerages Set Teradyne, Inc. (NASDAQ:TER) PT at $149.63

Teradyne, Inc. (NASDAQ:TERGet Rating) has been given a consensus rating of “Buy” by the eighteen ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $149.61.

A number of brokerages have weighed in on TER. Cowen cut their price objective on shares of Teradyne from $180.00 to $160.00 and set an “outperform” rating on the stock in a report on Thursday, January 27th. Deutsche Bank Aktiengesellschaft cut shares of Teradyne from a “buy” rating to a “hold” rating and cut their price objective for the stock from $170.00 to $120.00 in a report on Friday, January 28th. The Goldman Sachs Group cut shares of Teradyne from a “buy” rating to a “neutral” rating and set a $127.00 price objective on the stock. in a report on Sunday, March 27th. Piper Sandler cut their price objective on shares of Teradyne from $173.00 to $163.00 and set an “overweight” rating on the stock in a report on Friday, January 28th. Finally, Rosenblatt Securities cut their price objective on shares of Teradyne from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Friday, January 28th.

In other Teradyne news, CFO Sanjay Mehta sold 420 shares of the stock in a transaction dated Wednesday, February 2nd. The stock was sold at an average price of $120.00, for a total value of $50,400.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Charles Jeffrey Gray sold 16,603 shares of the stock in a transaction dated Monday, January 31st. The shares were sold at an average price of $112.12, for a total value of $1,861,528.36. The disclosure for this sale can be found here. 0.36% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. HHM Wealth Advisors LLC bought a new position in shares of Teradyne in the fourth quarter worth about $25,000. Capital Advisory Group Advisory Services LLC bought a new position in shares of Teradyne in the first quarter worth about $26,000. Glassman Wealth Services raised its stake in shares of Teradyne by 218.3% in the first quarter. Glassman Wealth Services now owns 226 shares of the company’s stock worth $27,000 after buying an additional 155 shares during the period. Dixon Hughes Goodman Wealth Advisors LLC bought a new position in shares of Teradyne in the fourth quarter worth about $31,000. Finally, Liberty Wealth Management LLC raised its stake in shares of Teradyne by 571.1% in the third quarter. Liberty Wealth Management LLC now owns 255 shares of the company’s stock worth $33,000 after buying an additional 217 shares during the period. 93.91% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ TER traded down $6.22 during midday trading on Monday, hitting $105.46. 1,907,090 shares of the company traded hands, compared to its average volume of 1,645,575. Teradyne has a 12-month low of $102.51 and a 12-month high of $168.91. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.90 and a current ratio of 3.33. The stock has a 50-day moving average price of $113.73 and a 200 day moving average price of $132.04. The firm has a market cap of $17.04 billion, a P/E ratio of 19.60, a P/E/G ratio of 1.98 and a beta of 1.50.

Teradyne (NASDAQ:TERGet Rating) last announced its quarterly earnings results on Tuesday, April 26th. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.10. Teradyne had a net margin of 26.58% and a return on equity of 40.67%. The company had revenue of $755.30 million for the quarter, compared to analysts’ expectations of $741.98 million. During the same quarter in the previous year, the company earned $1.11 earnings per share. Teradyne’s quarterly revenue was down 3.4% on a year-over-year basis. As a group, equities analysts expect that Teradyne will post 4.83 earnings per share for the current year.

About Teradyne (Get Rating)

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications.

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Analyst Recommendations for Teradyne (NASDAQ:TER)

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