Teradyne, Inc. (NYSE:TER) has been given an average recommendation of “Hold” by the thirteen brokerages that are covering the firm, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $46.89.

A number of equities analysts have recently commented on the company. Zacks Investment Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating and set a $55.00 target price for the company in a report on Friday, April 26th. Cowen reiterated a “market perform” rating and issued a $50.00 target price (up previously from $40.00) on shares of Teradyne in a report on Thursday, April 25th. Stifel Nicolaus lifted their target price on Teradyne from $48.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. Craig Hallum cut Teradyne from a “buy” rating to a “hold” rating in a report on Friday, February 22nd. Finally, Credit Suisse Group reiterated a “hold” rating on shares of Teradyne in a report on Friday, January 25th.

In related news, Director Michael A. Bradley sold 27,049 shares of the business’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $48.95, for a total transaction of $1,324,048.55. Following the completion of the transaction, the director now owns 74,008 shares in the company, valued at approximately $3,622,691.60. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Brad Robbins sold 10,000 shares of the business’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $49.46, for a total value of $494,600.00. Following the transaction, the insider now owns 43,840 shares of the company’s stock, valued at approximately $2,168,326.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 77,345 shares of company stock valued at $3,751,648. 0.49% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of TER. Fox Run Management L.L.C. purchased a new position in Teradyne during the 4th quarter valued at $220,000. Virtu Financial LLC lifted its holdings in shares of Teradyne by 272.0% in the 4th quarter. Virtu Financial LLC now owns 42,748 shares of the semiconductor company’s stock worth $1,342,000 after buying an additional 31,258 shares during the period. Bank of Montreal Can lifted its holdings in shares of Teradyne by 35.6% in the 4th quarter. Bank of Montreal Can now owns 168,870 shares of the semiconductor company’s stock worth $5,299,000 after buying an additional 44,335 shares during the period. We Are One Seven LLC purchased a new stake in shares of Teradyne in the 4th quarter worth $172,000. Finally, Quantamental Technologies LLC purchased a new stake in shares of Teradyne in the 4th quarter worth $191,000.

NYSE:TER traded down $1.19 during trading hours on Thursday, reaching $42.31. The stock had a trading volume of 2,152,545 shares, compared to its average volume of 2,351,165. The company has a market cap of $7.46 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 2.02 and a beta of 1.25. The company has a debt-to-equity ratio of 0.23, a current ratio of 4.10 and a quick ratio of 3.76. Teradyne has a 52 week low of $28.73 and a 52 week high of $49.83.

Teradyne (NYSE:TER) last announced its earnings results on Tuesday, April 23rd. The semiconductor company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.10. The firm had revenue of $494.00 million during the quarter, compared to analysts’ expectations of $476.23 million. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The company’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.45 EPS. As a group, analysts anticipate that Teradyne will post 2.25 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Wednesday, May 29th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Tuesday, May 28th. Teradyne’s payout ratio is currently 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.

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Analyst Recommendations for Teradyne (NYSE:TER)

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