Cantor Fitzgerald Weighs in on Teradyne FY2025 Earnings

Teradyne, Inc. (NASDAQ:TER - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Teradyne in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse anticipates that the company will post earnings per share of $4.00 for the year. The consensus estimate for Teradyne's current full-year earnings is $3.17 per share.

Teradyne (NASDAQ:TER - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.12. The firm had revenue of $737.30 million during the quarter, compared to the consensus estimate of $716.40 million. Teradyne had a net margin of 18.75% and a return on equity of 18.56%. The company's revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the company earned $0.80 earnings per share.

Several other brokerages have also recently weighed in on TER. Robert W. Baird reduced their price target on Teradyne from $140.00 to $133.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. Morgan Stanley cut Teradyne from an "equal weight" rating to an "underweight" rating and decreased their price target for the company from $121.00 to $117.00 in a research report on Tuesday. JPMorgan Chase & Co. upgraded shares of Teradyne from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $145.00 to $158.00 in a research report on Monday, December 16th. Craig Hallum reduced their price objective on shares of Teradyne from $124.00 to $111.00 and set a "hold" rating for the company in a research note on Friday, October 25th. Finally, StockNews.com upgraded shares of Teradyne from a "sell" rating to a "hold" rating in a research note on Sunday, October 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $149.31.

Teradyne Stock Performance

TER stock traded up $3.21 during midday trading on Wednesday, reaching $135.51. 846,745 shares of the company's stock traded hands, compared to its average volume of 2,209,578. The firm has a market capitalization of $22.07 billion, a PE ratio of 42.95, a price-to-earnings-growth ratio of 2.30 and a beta of 1.46. The company has a 50-day moving average price of $122.33 and a two-hundred day moving average price of $126.72. Teradyne has a 52 week low of $92.29 and a 52 week high of $163.21.

Institutional Trading of Teradyne

Several institutional investors have recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. boosted its position in Teradyne by 1,767.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 923,068 shares of the company's stock valued at $116,233,000 after buying an additional 873,626 shares during the period. Alkeon Capital Management LLC raised its stake in shares of Teradyne by 189.6% during the third quarter. Alkeon Capital Management LLC now owns 1,144,017 shares of the company's stock valued at $153,218,000 after acquiring an additional 749,003 shares during the last quarter. Holocene Advisors LP purchased a new stake in shares of Teradyne during the third quarter worth about $91,129,000. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Teradyne by 18.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,432,722 shares of the company's stock worth $325,814,000 after purchasing an additional 374,522 shares during the last quarter. Finally, State Street Corp increased its holdings in Teradyne by 5.4% during the 3rd quarter. State Street Corp now owns 6,880,148 shares of the company's stock valued at $921,458,000 after purchasing an additional 350,002 shares during the period. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $130.00, for a total transaction of $400,400.00. Following the transaction, the chief executive officer now owns 74,660 shares of the company's stock, valued at approximately $9,705,800. This trade represents a 3.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.18% of the company's stock.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, November 25th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.48 dividend on an annualized basis and a yield of 0.35%. Teradyne's payout ratio is 15.24%.

Teradyne announced that its board has authorized a stock repurchase program on Monday, November 11th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to reacquire up to 0.6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

About Teradyne

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.