Teradyne (TER) Stock Price, News & Analysis

Company Overview

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. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices, including microcontrollers; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The System Test segment offers defense/aerospace test instrumentation and systems; storage and system level test systems; and circuit-board test and inspection systems. The Wireless Test segment provides wireless test solutions for silicon validation, wireless module manufacturing, and wireless end device manufacturing under the LitePoint brand. This segment also offers IQxel-MX and IQxel-MW7G series products for edge measurement performance in the manufacturing of connectivity products; IQxstream-5G and IQgig-5G family products to support 4G and 5G technologies; and IQgig-UWB+ for certification and manufacturing test support for ultra wideband products. The Robotics segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and industrial customers. The company was incorporated in 1960 and is headquartered in North Reading, Massachusetts.

Key Stats

• Today's Range: $108.07 to $112.13
• 50-Day Range: $102.58 to $137.41
• 52-Week Range: $90.24 to $163.21
• Volume: 1.77 million shs
• Average Volume: 2.29 million shs
• Market Capitalization: $17.76 billion
• P/E Ratio: 34.62
• Dividend Yield: 0.44%
• Price Target: $142.62
• Consensus Rating: Moderate Buy

Teradyne Stock Analysis - MarketRank™

Teradyne scored higher than 100% of companies evaluated by MarketBeat, and ranked 5th out of 643 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Teradyne has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 8 buy ratings, 5 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Teradyne has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 29.34%

Earnings Growth

Earnings for Teradyne are expected to grow by 29.34% in the coming year, from $3.17 to $4.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Teradyne is 34.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Teradyne is 34.62, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.35.

Price to Earnings Growth Ratio

Teradyne has a PEG Ratio of 2.34. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Teradyne has a P/B Ratio of 6.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.51% of the float of Teradyne has been sold short.

Short Interest Ratio / Days to Cover

Teradyne has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Teradyne has recently decreased by 15.93%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Teradyne has a dividend yield of 0.44%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Teradyne does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Teradyne is 15.24%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Teradyne will have a dividend payout ratio of 11.71% next year. This indicates that Teradyne will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -1.55

Percentage of Shares Shorted

2.51% of the float of Teradyne has been sold short.

Short Interest Ratio / Days to Cover

Teradyne has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Teradyne has recently decreased by 15.93%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.01

News Sentiment

Teradyne has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Teradyne this week, compared to 10 articles on an average week.

Search Interest

Only 15 people have searched for TER on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.

MarketBeat Follows

Only 7 people have added Teradyne to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Teradyne insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,080,634.00 in company stock.

Percentage Held by Insiders

Only 0.18% of the stock of Teradyne is held by insiders.

Percentage Held by Institutions

99.77% of the stock of Teradyne is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TER Stock Analysis - Frequently Asked Questions

How have TER shares performed this year?

Teradyne's stock was trading at $108.52 at the beginning of 2024. Since then, TER shares have increased by 0.5% and is now trading at $109.06.
View the best growth stocks for 2024 here.

How were Teradyne's earnings last quarter?

Teradyne, Inc. (NASDAQ:TER) issued its quarterly earnings data on Wednesday, October, 23rd. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $0.12. The business's revenue for the quarter was up 4.8% compared to the same quarter last year.
Read the conference call transcript.

Is Teradyne doing a stock buyback?

Teradyne's Board of Directors approved a stock buyback plan on Monday, November 11th 2024, which allows the company to repurchase $100,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 0.6% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its shares are undervalued.

Who are Teradyne's major shareholders?

Teradyne's top institutional investors include FMR LLC (9.43%), State Street Corp (4.22%), Geode Capital Management LLC (2.46%) and Van ECK Associates Corp (1.89%). Insiders that own company stock include Mark E Jagiela, Gregory Stephen Smith, Brad Robbins, Sanjay Mehta, Charles Jeffrey Gray, Richard John Burns, Mercedes Johnson, Ernest E Maddock and Marilyn Matz.
View institutional ownership trends.

How do I buy shares of Teradyne?

Shares of TER stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Teradyne own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Teradyne investors own include IDEXX Laboratories (IDXX), Tesla (TSLA), Broadcom (AVGO), Applied Materials (AMAT), ASML (ASML), HubSpot (HUBS) and CrowdStrike (CRWD).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 9/05/2024
• Dividend Payable: 9/27/2024
• Last Earnings: 10/23/2024
• Ex-Dividend for 12/18 Dividend: 11/25/2024
• Today: 11/27/2024
• Dividend Payable: 12/18/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Instruments to measure electricity
• Sub-Industry: Measuring And Control Equipment
• Current Symbol: NASDAQ:TER
• CUSIP: N/A
• CIK: 97210
• Web: www.teradyne.com
• Phone: (978) 370-2700
• Fax: 978-370-2910
• Employees: 6,500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $142.62
• High Stock Price Target: $180.00
• Low Stock Price Target: $100.00
• Potential Upside/Downside: +30.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 14 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.15
• Trailing P/E Ratio: 34.62
• Forward P/E Ratio: 34.40
• P/E Growth: 2.39
• Net Income: $448.75 million
• Net Margins: 18.75%
• Pretax Margin: 21.59%
• Return on Equity: 18.56%
• Return on Assets: 13.91%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.09
• Quick Ratio: 2.59

Sales & Book Value

• Annual Sales: $2.68 billion
• Price / Sales: 6.64
• Cash Flow: $3.80 per share
• Price / Cash Flow: 28.68
• Book Value: $17.82 per share
• Price / Book: 6.12

Miscellaneous

• Outstanding Shares: 162,860,000
• Free Float: 162,568,000
• Market Cap: $17.76 billion
• Optionable: Optionable
• Beta: 1.52