Analysts expect Teradyne, Inc. (NYSE:TER) to report sales of $567.90 million for the current fiscal quarter, according to Zacks. Five analysts have made estimates for Teradyne’s earnings. The lowest sales estimate is $561.46 million and the highest is $572.00 million. Teradyne reported sales of $566.85 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 0.2%. The company is scheduled to issue its next quarterly earnings results on Tuesday, October 22nd.

On average, analysts expect that Teradyne will report full-year sales of $2.15 billion for the current year, with estimates ranging from $2.11 billion to $2.17 billion. For the next year, analysts forecast that the business will post sales of $2.45 billion, with estimates ranging from $2.38 billion to $2.55 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for Teradyne.

Teradyne (NYSE:TER) last issued its earnings results on Tuesday, July 23rd. The semiconductor company reported $0.66 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.04. The business had revenue of $564.00 million during the quarter, compared to analysts’ expectations of $536.72 million. Teradyne had a net margin of 9.81% and a return on equity of 23.50%. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.59 earnings per share.

A number of brokerages have recently commented on TER. Northland Securities reiterated a “hold” rating on shares of Teradyne in a research report on Monday, July 22nd. Credit Suisse Group increased their target price on shares of Teradyne from $45.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, July 25th. Robert W. Baird upgraded shares of Teradyne from a “neutral” rating to an “outperform” rating and increased their target price for the company from $39.00 to $55.00 in a research report on Thursday, April 25th. DA Davidson increased their target price on shares of Teradyne to $48.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Finally, Zacks Investment Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating and set a $55.00 target price for the company in a research report on Friday, April 26th. Nine research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Teradyne has a consensus rating of “Hold” and a consensus price target of $48.00.

In other Teradyne news, Director Michael A. Bradley sold 17,115 shares of the stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $57.37, for a total transaction of $981,887.55. Following the completion of the transaction, the director now owns 61,742 shares of the company’s stock, valued at $3,542,138.54. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Charles Jeffrey Gray sold 6,955 shares of the stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $57.14, for a total transaction of $397,408.70. Following the transaction, the vice president now directly owns 28,000 shares of the company’s stock, valued at approximately $1,599,920. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 34,570 shares of company stock valued at $1,978,796. 0.49% of the stock is owned by company insiders.

A number of hedge funds have recently made changes to their positions in the business. Exane Derivatives purchased a new position in shares of Teradyne in the first quarter valued at approximately $36,000. Advisors Preferred LLC purchased a new position in shares of Teradyne in the second quarter valued at approximately $39,000. Zions Bancorporation N.A. purchased a new position in shares of Teradyne in the first quarter valued at approximately $50,000. Point72 Asset Management L.P. purchased a new position in shares of Teradyne in the second quarter valued at approximately $91,000. Finally, SevenBridge Financial Group LLC boosted its stake in shares of Teradyne by 146.9% in the second quarter. SevenBridge Financial Group LLC now owns 2,185 shares of the semiconductor company’s stock valued at $105,000 after purchasing an additional 1,300 shares during the period.

Shares of NYSE TER traded up $0.27 during mid-day trading on Friday, reaching $53.39. The company’s stock had a trading volume of 26,283 shares, compared to its average volume of 2,382,645. The stock has a 50-day moving average of $50.52 and a two-hundred day moving average of $44.91. The stock has a market capitalization of $9.00 billion, a P/E ratio of 22.81, a P/E/G ratio of 2.02 and a beta of 1.25. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.76 and a current ratio of 4.10. Teradyne has a 1-year low of $28.73 and a 1-year high of $58.61.

About Teradyne

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

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