Teradyne (NYSE:TER) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, October 22nd. Analysts expect the company to announce earnings of $0.70 per share for the quarter. Teradyne has set its Q3 2019 guidance at $0.64-0.74 EPS and its Q3 guidance at $0.64-0.74 EPS.Parties interested in participating in the company’s conference call can do so using this link.
Teradyne (NYSE:TER) last issued its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.04. The business had revenue of $564.00 million for the quarter, compared to the consensus estimate of $536.72 million. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.59 earnings per share. On average, analysts expect Teradyne to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of NYSE:TER opened at $58.93 on Monday. The company has a market capitalization of $10.23 billion, a P/E ratio of 25.18, a P/E/G ratio of 2.02 and a beta of 1.25. Teradyne has a 1 year low of $28.73 and a 1 year high of $62.09. The company has a debt-to-equity ratio of 0.23, a current ratio of 4.10 and a quick ratio of 3.76. The business’s 50 day simple moving average is $57.74 and its 200 day simple moving average is $50.05.
In other Teradyne news, Director Marilyn Matz sold 500 shares of the company’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $57.00, for a total transaction of $28,500.00. Following the completion of the sale, the director now directly owns 9,342 shares in the company, valued at $532,494. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael A. Bradley sold 17,115 shares of the company’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $57.37, for a total value of $981,887.55. Following the sale, the director now owns 61,742 shares of the company’s stock, valued at $3,542,138.54. The disclosure for this sale can be found here. Insiders have sold 34,570 shares of company stock valued at $1,978,796 over the last 90 days. Corporate insiders own 0.49% of the company’s stock.
TER has been the topic of a number of analyst reports. Zacks Investment Research raised Teradyne from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a research report on Saturday, September 7th. Credit Suisse Group increased their price target on Teradyne from $45.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, July 25th. Northland Securities reissued a “hold” rating on shares of Teradyne in a research report on Monday, July 22nd. Finally, Stifel Nicolaus cut Teradyne from a “buy” rating to a “hold” rating and upped their target price for the stock from $52.00 to $53.00 in a research note on Thursday, July 25th. Eight analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $48.44.
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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