Teradyne (NYSE:TER) updated its first quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.86-0.96 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.63. The company issued revenue guidance of $670-710 million, compared to the consensus revenue estimate of $555.81 million.Teradyne also updated its Q1 2020
After-Hours guidance to 0.86-0.96 EPS.

Several equities research analysts have recently commented on the company. DA Davidson upped their price objective on Teradyne to $72.00 and gave the stock a neutral rating in a research note on Friday. Citigroup upped their price objective on Teradyne from $73.00 to $90.00 and gave the stock a buy rating in a research note on Friday. UBS Group increased their price target on Teradyne from $61.00 to $77.00 and gave the stock a neutral rating in a research note on Friday. Susquehanna Bancshares lowered Teradyne from a neutral rating to a negative rating and increased their price target for the stock from $52.00 to $55.00 in a research note on Friday. Finally, Stifel Nicolaus reiterated a hold rating and issued a $55.00 price target on shares of Teradyne in a research note on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $71.58.

TER stock traded down $3.03 during trading on Friday, reaching $73.18. The company’s stock had a trading volume of 2,562,127 shares, compared to its average volume of 2,804,049. Teradyne has a 1 year low of $34.05 and a 1 year high of $81.57. The company has a quick ratio of 3.76, a current ratio of 4.10 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $11.92 billion, a P/E ratio of 31.27, a price-to-earnings-growth ratio of 2.02 and a beta of 1.25. The company’s fifty day moving average is $68.33 and its 200-day moving average is $59.83.

Teradyne (NYSE:TER) last issued its quarterly earnings results on Wednesday, January 22nd. The semiconductor company reported $0.88 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.09. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The business had revenue of $654.70 million during the quarter, compared to analyst estimates of $611.95 million. During the same quarter in the prior year, the business posted $0.63 EPS. Teradyne’s revenue for the quarter was up 26.0% compared to the same quarter last year. Analysts anticipate that Teradyne will post 2.25 earnings per share for the current year.

In other news, Director Michael A. Bradley sold 7,074 shares of the firm’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $64.30, for a total transaction of $454,858.20. Following the completion of the transaction, the director now owns 40,520 shares in the company, valued at $2,605,436. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider King Wallace 362,138 shares of the business’s stock in a transaction dated Tuesday, November 26th. Corporate insiders own 0.49% of the company’s stock.

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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