Analysts expect Teradyne, Inc. (NYSE:TER) to announce earnings per share (EPS) of $0.63 for the current quarter, Zacks reports. Five analysts have issued estimates for Teradyne’s earnings, with the lowest EPS estimate coming in at $0.62 and the highest estimate coming in at $0.64. Teradyne reported earnings of $0.54 per share during the same quarter last year, which suggests a positive year over year growth rate of 16.7%. The firm is scheduled to announce its next quarterly earnings report after the market closes on Tuesday, October 23rd.

On average, analysts expect that Teradyne will report full-year earnings of $2.09 per share for the current financial year, with EPS estimates ranging from $2.05 to $2.13. For the next fiscal year, analysts anticipate that the business will post earnings of $2.63 per share, with EPS estimates ranging from $2.38 to $3.08. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Teradyne.

Teradyne (NYSE:TER) last announced its quarterly earnings data on Tuesday, July 24th. The semiconductor company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.10. Teradyne had a return on equity of 20.82% and a net margin of 9.29%. The firm had revenue of $527.00 million during the quarter, compared to analysts’ expectations of $508.52 million. During the same period last year, the business posted $0.90 earnings per share. The company’s revenue for the quarter was down 24.4% compared to the same quarter last year.

TER has been the subject of several research analyst reports. Citigroup reduced their price objective on Teradyne from $51.00 to $47.00 and set a “buy” rating for the company in a research note on Tuesday, September 25th. Robert W. Baird restated a “buy” rating and issued a $46.00 price objective on shares of Teradyne in a research note on Thursday, July 26th. Needham & Company LLC raised their price objective on Teradyne from $45.00 to $48.00 and gave the stock a “buy” rating in a research note on Thursday, July 26th. ValuEngine raised Teradyne from a “hold” rating to a “buy” rating in a report on Monday, July 2nd. Finally, Zacks Investment Research raised Teradyne from a “strong sell” rating to a “hold” rating in a report on Thursday, June 28th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $47.50.

A number of institutional investors have recently bought and sold shares of the stock. Peregrine Capital Management LLC grew its holdings in Teradyne by 2.7% during the third quarter. Peregrine Capital Management LLC now owns 757,582 shares of the semiconductor company’s stock worth $28,015,000 after acquiring an additional 20,043 shares during the period. Aperio Group LLC grew its holdings in Teradyne by 6.9% during the third quarter. Aperio Group LLC now owns 59,700 shares of the semiconductor company’s stock worth $2,208,000 after acquiring an additional 3,877 shares during the period. Nikko Asset Management Americas Inc. grew its holdings in Teradyne by 33.1% during the third quarter. Nikko Asset Management Americas Inc. now owns 317,510 shares of the semiconductor company’s stock worth $11,881,000 after acquiring an additional 79,014 shares during the period. Sumitomo Mitsui Asset Management Company LTD acquired a new stake in Teradyne in the third quarter valued at approximately $44,291,000. Finally, KAMES CAPITAL plc grew its holdings in Teradyne by 13.2% in the third quarter. KAMES CAPITAL plc now owns 1,366,094 shares of the semiconductor company’s stock valued at $50,505,000 after purchasing an additional 159,734 shares during the period. 99.44% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:TER opened at $32.79 on Friday. Teradyne has a 52-week low of $32.00 and a 52-week high of $50.68. The stock has a market capitalization of $6.89 billion, a PE ratio of 14.01, a PEG ratio of 1.34 and a beta of 1.28. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.19 and a quick ratio of 3.89.

The business also recently announced a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Wednesday, September 5th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.10%. The ex-dividend date was Tuesday, September 4th. Teradyne’s dividend payout ratio (DPR) is 15.38%.

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.

See Also: Price to Earnings Ratio (PE) Basics

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Earnings History and Estimates for Teradyne (NYSE:TER)

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