Brokerages Set Teradyne, Inc. (NASDAQ:TER) PT at $275.53

Shares of Teradyne, Inc. (NASDAQ:TERGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are currently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $275.5333.

TER has been the topic of several research analyst reports. UBS Group boosted their price objective on Teradyne from $200.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. The Goldman Sachs Group lifted their target price on Teradyne from $230.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Morgan Stanley set a $306.00 price target on shares of Teradyne in a report on Wednesday, February 11th. Citigroup increased their price target on shares of Teradyne from $215.00 to $325.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Finally, Royal Bank Of Canada set a $270.00 price objective on shares of Teradyne in a report on Monday, February 2nd.

Get Our Latest Research Report on Teradyne

Teradyne Price Performance

Teradyne stock opened at $309.61 on Friday. Teradyne has a 52 week low of $65.77 and a 52 week high of $344.92. The company’s 50 day moving average price is $297.79 and its two-hundred day moving average price is $219.84. The stock has a market cap of $48.47 billion, a P/E ratio of 88.97, a P/E/G ratio of 1.92 and a beta of 1.79.

Teradyne (NASDAQ:TERGet Free Report) last released its earnings results on Tuesday, February 3rd. The company reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.44. The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $970.44 million. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.Teradyne’s quarterly revenue was up 43.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.95 earnings per share. On average, equities analysts anticipate that Teradyne will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 13th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, February 13th. Teradyne’s dividend payout ratio is currently 14.94%.

Institutional Investors Weigh In On Teradyne

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Teradyne by 2.1% in the third quarter. Vanguard Group Inc. now owns 21,417,717 shares of the company’s stock valued at $2,947,935,000 after buying an additional 444,940 shares during the period. State Street Corp grew its stake in shares of Teradyne by 0.9% during the 4th quarter. State Street Corp now owns 7,078,635 shares of the company’s stock worth $1,370,141,000 after acquiring an additional 60,986 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Teradyne by 6.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 5,256,857 shares of the company’s stock worth $723,600,000 after acquiring an additional 336,757 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Teradyne by 18.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,203,546 shares of the company’s stock worth $813,640,000 after acquiring an additional 659,273 shares during the last quarter. Finally, Federated Hermes Inc. increased its holdings in Teradyne by 79.7% in the 2nd quarter. Federated Hermes Inc. now owns 3,785,067 shares of the company’s stock worth $340,353,000 after acquiring an additional 1,679,215 shares during the last quarter. Institutional investors own 99.77% of the company’s stock.

Key Stories Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

About Teradyne

(Get Free Report)

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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Analyst Recommendations for Teradyne (NASDAQ:TER)

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