Teradyne, Inc. (NASDAQ:TER - Free Report) - Research analysts at Northland Capmk issued their FY2026 earnings per share (EPS) estimates for Teradyne in a report issued on Monday, January 6th. Northland Capmk analyst G. Richard anticipates that the company will post earnings of $6.15 per share for the year. Northland Capmk has a "Strong-Buy" rating on the stock. The consensus estimate for Teradyne's current full-year earnings is $3.17 per share.
Teradyne (NASDAQ:TER - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The company reported $0.90 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.12. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The firm had revenue of $737.30 million for the quarter, compared to the consensus estimate of $716.40 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. The business's quarterly revenue was up 4.8% compared to the same quarter last year.
Several other analysts also recently issued reports on the company. Robert W. Baird decreased their price target on Teradyne from $140.00 to $133.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Craig Hallum decreased their price target on Teradyne from $124.00 to $111.00 and set a "hold" rating for the company in a research note on Friday, October 25th. StockNews.com upgraded Teradyne from a "sell" rating to a "hold" rating in a research note on Sunday, October 27th. Evercore ISI upped their price target on Teradyne from $130.00 to $145.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 9th. Finally, JPMorgan Chase & Co. upgraded Teradyne from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $145.00 to $158.00 in a research note on Monday, December 16th. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $150.33.
Check Out Our Latest Analysis on Teradyne
Teradyne Trading Down 1.2 %
NASDAQ TER traded down $1.67 on Wednesday, reaching $137.15. The stock had a trading volume of 2,178,069 shares, compared to its average volume of 2,636,473. The company has a market capitalization of $22.34 billion, a price-to-earnings ratio of 43.54, a P/E/G ratio of 2.66 and a beta of 1.46. The business has a 50 day moving average price of $117.34 and a 200 day moving average price of $127.70. Teradyne has a 1 year low of $92.29 and a 1 year high of $163.21.
Teradyne Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, November 25th were issued a $0.12 dividend. The ex-dividend date was Monday, November 25th. This represents a $0.48 annualized dividend and a yield of 0.35%. Teradyne's dividend payout ratio (DPR) is 15.24%.
Teradyne announced that its board has authorized a stock repurchase plan on Monday, November 11th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 0.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its stock is undervalued.
Insider Buying and Selling at Teradyne
In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the company's stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the transaction, the chief executive officer now owns 74,660 shares of the company's stock, valued at $9,705,800. This represents a 3.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.36% of the company's stock.
Institutional Investors Weigh In On Teradyne
Several large investors have recently modified their holdings of TER. Alkeon Capital Management LLC grew its stake in shares of Teradyne by 189.6% in the 3rd quarter. Alkeon Capital Management LLC now owns 1,144,017 shares of the company's stock valued at $153,218,000 after purchasing an additional 749,003 shares during the period. Holocene Advisors LP bought a new stake in shares of Teradyne in the 3rd quarter valued at approximately $91,129,000. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Teradyne by 18.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,432,722 shares of the company's stock valued at $325,814,000 after purchasing an additional 374,522 shares during the period. State Street Corp grew its stake in shares of Teradyne by 5.4% in 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. Finally, Eagle Asset Management Inc. grew its stake in shares of Teradyne by 70.8% in the 3rd quarter. Eagle Asset Management Inc. now owns 742,207 shares of the company's stock valued at $99,404,000 after purchasing an additional 307,724 shares during the period. 99.77% of the stock is currently owned by institutional investors.
About Teradyne
(
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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.
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