Teradyne, Inc. (NASDAQ: TER) closed the day trading at $105.95 down -2.66% from the previous closing price of $108.85. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 2365243 shares were traded.
Ratios:
For a better understanding of TER, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.08. For the most recent quarter (mrq), Quick Ratio is recorded 2.05 and its Current Ratio is at 3.28. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on February 15, 2024, Upgraded its rating to Neutral and sets its target price to $100 from $90 previously.
On January 23, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $110.
BofA Securities Downgraded its Neutral to Underperform on December 15, 2023, while the target price for the stock was maintained at $100.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when MATZ MARILYN bought 13 shares for $106.04 per share. The transaction valued at 1,414 led to the insider holds 14,326 shares of the business.
MADDOCK ERNEST E bought 1,000 shares of TER for $94,070 on Feb 01 ’24. The Director now owns 4,728 shares after completing the transaction at $94.07 per share. On Jan 30 ’24, another insider, Mehta Sanjay, who serves as the VP and Chief Financial Officer of the company, sold 8,653 shares for $105.10 each. As a result, the insider received 909,424 and left with 31,180 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TER now has a Market Capitalization of 16.21B and an Enterprise Value of 15.47B. As of this moment, Teradyne,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.75, and their Forward P/E ratio for the next fiscal year is 22.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.07 while its Price-to-Book (P/B) ratio in mrq is 6.40. Its current Enterprise Value per Revenue stands at 5.78 whereas that against EBITDA is 24.16.
Stock Price History:
Over the past 52 weeks, TER has reached a high of $119.20, while it has fallen to a 52-week low of $81.07. The 50-Day Moving Average of the stock is 104.39, while the 200-Day Moving Average is calculated to be 101.97.
Shares Statistics:
Over the past 3-months, TER traded about 1.79M shares per day on average, while over the past 10 days, TER traded about 1.75M shares per day. A total of 152.70M shares are outstanding, with a floating share count of 152.30M. Insiders hold about 0.44% of the company’s shares, while institutions hold 105.22% stake in the company. Shares short for TER as of Mar 15, 2024 were 5.43M with a Short Ratio of 3.04, compared to 4.99M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.55% and a Short% of Float of 4.04%.
Dividends & Splits
TER’s forward annual dividend rate is 0.45, up from 0.44 a year ago. Against a Trailing Annual Dividend Yield of 0.40%, it implies a Forward Annual Dividend Yield of 0.44%. The stock’s 5-year Average Dividend Yield is 0.46. The current Payout Ratio is 16.11% for TER, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Feb 15, 2024. Stock splits for the company last occurred on Sep 01, 1999 when the company split stock in a 2:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 14 analysts. On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.38 and a low estimate of $0.3, while EPS last year was $0.55. The consensus estimate for the next quarter is $0.6, with high estimates of $0.74 and low estimates of $0.5.
Analysts are recommending an EPS of between $3.49 and $2.62 for the fiscal current year, implying an average EPS of $2.93. EPS for the following year is $4.65, with 14 analysts recommending between $6.33 and $3.87.
Revenue Estimates
13 analysts predict $566.46M in revenue for the current quarter. It ranges from a high estimate of $575M to a low estimate of $552.2M. As of the current estimate, Teradyne, Inc.’s year-ago sales were $597.55M, an estimated decrease of -5.20% from the year-ago figure.
A total of 16 analysts have provided revenue estimates for TER’s current fiscal year. The highest revenue estimate was $2.96B, while the lowest revenue estimate was $2.64B, resulting in an average revenue estimate of $2.72B. In the same quarter a year ago, actual revenue was $2.68B, up 1.70% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $3.33B in the next fiscal year. The high estimate is $4.11B and the low estimate is $3.09B. The average revenue growth estimate for next year is up 22.40% from the average revenue estimate for this year.
