Analyst Research Summary: Teradyne, Inc. (NYSE:TER)
Teradyne, Inc. (NYSE:TER) stock is presently standing at about $30.10 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 14 analysts covering the company is $30.00, which suggests the stock could still rise over 0 percent. The highest analyst price target is $35.00, which implies a rally of 84 percent. And a quick view of analyst notes show that 6 are rating the stock a buy while 2 rate TER a strong buy. There are 8 equity research firms advocating a Hold and 0 consider it Sell.
Craig Hallum analysts provided their view on Teradyne, Inc. (NYSE:TER) recently. The rating firm issued a Hold rating to this company in a research note released on Jul 29, 2016. Stifel analysts disclosed their opinion on Teradyne, Inc. (NYSE:TER) recently. The rating firm gave a Hold rating to this stock in a research note published on Jul 21, 2016. According to a research note disclosed on Feb 03, 2016, analysts at Goldman have lowered their rating on these shares from Buy to Neutral.
Teradyne, Inc. (NYSE:TER) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its President, Systems Test Group Vahey Walter G. sold 9,188 company shares for 267920, in a transaction on 2017-02-17. Following the transaction, the President, Systems Test Group is left with a stake of 33,805 shares, currently valued at $1017531. Meanwhile, President, Systems Test Group Vahey Walter G. sold 55,190 shares worth $1600510, through a transaction dated 2017-02-15. Following the completion of the transaction, the insider is left with a stake of 42,993 shares, amounting $1294089.3. TER VP and CFO Beecher Gregory R also sold 146,061 shares, at a stock price of $28.6. This transaction occurred on 2017-02-06 totals $4177340. After this transaction, the insider’s stake stands at 110,065 shares, with a market value of $3312957.
Executives hold 0.95 percent of the stock. Mark E. Jagiela is one of the biggest insider owners in Teradyne, Inc. (NYSE:TER), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 317,997 shares which have current market value of around $9571709.7.Mr. George W. Chamillard is another major inside shareholder in the company. The insider owns 256,226 shares as of 0.13%, currently worth $7712402.6. Michael A. Bradley is ranked as third insider holder of the stock. This insider holds 186,770 shares with a market value around $5621777 as of recent close.
Teradyne, Inc. (NYSE:TER) Earnings Outlook
In Teradyne, Inc. (NYSE:TER)’s latest quarter, EPS moved to $0.32 from $0.33 in preceding quarter and revenues reached at $379.99M compared to $410.48M. Analysts had expected Teradyne, Inc. (NYSE:TER) to post net income of about $0.22 per share on $347.48M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.36 to $0.48. That is compared with the $0.31 in EPS it reported during the same period a year ago.