Somewhat Positive News Coverage Somewhat Unlikely to Affect Teradyne (TER) Stock Price
Press coverage about Teradyne (NYSE:TER) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Teradyne earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 45.9623266707218 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- $7,254 mn for Global Aviation Test Equipment Market by 2022 (mynewsdesk.com)
- Teradyne, Sigurd? ??? RF ??? ??? ?? ?? (broadwayworld.com)
- ETFs with exposure to Teradyne, Inc. : December 12, 2017 (finance.yahoo.com)
- Teradyne Announces Availability of New RF Test Services at Sigurd (markets.financialcontent.com)
- How To YieldBoost Teradyne To 7.5% Using Options (nasdaq.com)
A number of analysts have recently weighed in on the company. Goldman Sachs Group raised Teradyne from a “neutral” rating to a “buy” rating in a research report on Tuesday. ValuEngine cut Teradyne from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research cut Teradyne from a “buy” rating to a “hold” rating in a research report on Wednesday, November 29th. Deutsche Bank cut Teradyne from a “buy” rating to a “hold” rating and set a $44.00 price target for the company. in a research report on Monday, November 20th. Finally, Citigroup lifted their price target on Teradyne from $43.00 to $48.00 and gave the stock a “buy” rating in a research report on Monday, October 30th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Teradyne currently has an average rating of “Buy” and an average target price of $41.25.
Teradyne (TER) traded down $0.12 during midday trading on Wednesday, hitting $40.83. The company’s stock had a trading volume of 1,556,802 shares, compared to its average volume of 2,429,969. The stock has a market cap of $7,936.54, a price-to-earnings ratio of 18.39, a P/E/G ratio of 1.52 and a beta of 1.01. Teradyne has a twelve month low of $25.24 and a twelve month high of $44.63. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.96 and a quick ratio of 4.67.
Teradyne (NYSE:TER) last announced its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.54 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.11. Teradyne had a return on equity of 22.39% and a net margin of 21.11%. The firm had revenue of $503.40 million during the quarter, compared to analyst estimates of $472.86 million. During the same quarter in the previous year, the business earned $0.31 EPS. Teradyne’s revenue for the quarter was up 22.6% compared to the same quarter last year. sell-side analysts expect that Teradyne will post 2.22 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Wednesday, November 29th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, November 28th. This represents a $0.28 annualized dividend and a dividend yield of 0.69%. Teradyne’s dividend payout ratio is presently 13.08%.
In related news, Director Michael A. Bradley sold 17,390 shares of Teradyne stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $36.30, for a total value of $631,257.00. Following the completion of the transaction, the director now owns 154,132 shares in the company, valued at approximately $5,594,991.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Charles Jeffrey Gray sold 8,161 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $42.25, for a total value of $344,802.25. Following the sale, the vice president now owns 31,500 shares of the company’s stock, valued at $1,330,875. The disclosure for this sale can be found here. In the last 90 days, insiders sold 157,596 shares of company stock valued at $6,698,138. 0.62% of the stock is owned by company insiders.
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Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.
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