Teradyne (NYSE:TER) posted its quarterly earnings data on Tuesday. The semiconductor company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.10, Bloomberg Earnings reports. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The business had revenue of $494.00 million during the quarter, compared to analysts’ expectations of $476.23 million. During the same quarter in the previous year, the firm earned $0.45 EPS. The firm’s revenue was up 1.3% compared to the same quarter last year. Teradyne updated its Q2 2019 guidance to $0.56-0.65 EPS and its Q2 guidance to $0.56-0.65 EPS.

TER traded down $0.26 on Tuesday, hitting $44.59. 2,884,263 shares of the stock traded hands, compared to its average volume of 2,309,649. Teradyne has a 52 week low of $28.73 and a 52 week high of $45.80. 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 firm has a market capitalization of $7.77 billion, a price-to-earnings ratio of 19.06, a P/E/G ratio of 2.02 and a beta of 1.25.

TER has been the subject of several research analyst reports. Craig Hallum cut Teradyne from a “buy” rating to a “hold” rating in a research report on Friday, February 22nd. Credit Suisse Group reissued a “hold” rating on shares of Teradyne in a research report on Friday, January 25th. Stifel Nicolaus cut their price objective on Teradyne from $47.00 to $42.50 and set a “buy” rating for the company in a research report on Wednesday, January 23rd. Finally, Zacks Investment Research raised Teradyne from a “sell” rating to a “hold” rating in a research report on Tuesday, January 29th. Ten research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Teradyne currently has a consensus rating of “Hold” and an average target price of $38.77.

In related news, VP Charles Jeffrey Gray sold 33,156 shares of the business’s stock in a transaction dated Thursday, January 31st. The stock was sold at an average price of $36.69, for a total transaction of $1,216,493.64. Following the transaction, the vice president now directly owns 35,415 shares in the company, valued at $1,299,376.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Gregory R. Beecher sold 26,778 shares of the business’s stock in a transaction dated Thursday, January 31st. The shares were sold at an average price of $36.93, for a total value of $988,911.54. Following the transaction, the chief financial officer now owns 82,679 shares in the company, valued at $3,053,335.47. The disclosure for this sale can be found here. Insiders have sold 211,079 shares of company stock worth $8,102,210 over the last 90 days. Corporate insiders own 0.49% of the company’s stock.

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Teradyne Company Profile

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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Earnings History for Teradyne (NYSE:TER)

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