At the time of writing, Teradyne, Inc. [TER] stock is trading at $108.91, up 8.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TER shares have gain 8.69% over the last week, with a monthly amount glided 0.71%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Teradyne, Inc. [NASDAQ: TER] stock has seen the most recent analyst activity on April 16, 2024, when Evercore ISI initiated its Outperform rating and assigned the stock a price target of $130. Previously, JP Morgan upgraded its rating to Neutral on February 15, 2024, and elevated its price target to $100. On January 23, 2024, Cantor Fitzgerald initiated with a Neutral rating and assigned a price target of $110 on the stock. BofA Securities downgraded its rating to a Underperform but stick to its price target of $100 on December 15, 2023. Northland Capital upgraded its rating to a Outperform but $126 remained the price target by the analyst firm on September 26, 2023. JP Morgan downgraded its rating to Underweight for this stock on April 17, 2023, and downed its price target to $81. In a note dated January 27, 2023, Loop Capital downgraded an Hold rating on this stock and revised its target price from $110 to $102.
For the past year, the stock price of Teradyne, Inc. fluctuated between $81.07 and $119.20. Currently, Wall Street analysts expect the stock to reach $147.46 within the next 12 months. Teradyne, Inc. [NASDAQ: TER] shares were valued at $108.91 at the most recent close of the market. An investor can expect a potential return of 35.4% based on the average TER price forecast.
Analyzing the TER fundamentals
According to Teradyne, Inc. [NASDAQ:TER], the company’s sales were 2.65B for trailing twelve months, which represents an -2.63% plunge. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 105.33 points at the first support level, and at 101.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.17, and for the 2nd resistance point, it is at 113.42.
Teradyne, Inc. [TER] reported earnings per share of $0.51 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.33/share, meaning a difference of $0.18 and a surprise factor of 54.50%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $0.79 per share as compared to estimates of $0.71 per share, a difference of $0.08 representing a surprise of 11.30%.
Ratios To Look Out For
It is important to note that Teradyne, Inc. [NASDAQ:TER] has a current ratio of 3.75. Also, the Quick Ratio is 3.18, while the Cash Ratio stands at 1.28. Considering the valuation of this stock, the price to sales ratio is 6.28, the price to book ratio is 6.58 and price to earnings (TTM) ratio is 41.38.
Transactions by insiders
Recent insider trading involved MATZ MARILYN, Director, that happened on Mar 15 ’24 when 13.0 shares were purchased. Director, MADDOCK ERNEST E completed a deal on Feb 01 ’24 to buy 1000.0 shares. Meanwhile, VP and Chief Financial Officer Mehta Sanjay sold 8653.0 shares on Jan 30 ’24.
