The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $102.07 in the prior trading day, Teradyne, Inc. (NASDAQ: TER) closed at $100.20, down -1.83%. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 2.11 million shares were traded. TER stock price reached its highest trading level at $102.52 during the session, while it also had its lowest trading level at $100.02.
Ratios:
Our goal is to gain a better understanding of TER by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.01. 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 this company, Evercore ISI on April 16, 2024, initiated with a Outperform rating and assigned the stock a target price of $130.
On February 15, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $90 to $100.
On January 23, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $110.Cantor Fitzgerald initiated its Neutral rating on January 23, 2024, with a $110 target price.
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 15327993856 and an Enterprise Value of 14601566208. As of this moment, Teradyne,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.65, and their Forward P/E ratio for the next fiscal year is 21.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.74 while its Price-to-Book (P/B) ratio in mrq is 6.06. Its current Enterprise Value per Revenue stands at 5.456 whereas that against EBITDA is 23.267.
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 -4.62%, while the 200-Day Moving Average is calculated to be -1.64%.
Shares Statistics:
The stock has traded on average 1.82M shares per day over the past 3-months and 1622670 shares per day over the last 10 days, according to various share statistics. 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 105.30% stake in the company. Shares short for TER as of 1711584000 were 5640400 with a Short Ratio of 3.09, compared to 1709164800 on 5325729. Therefore, it implies a Short% of Shares Outstanding of 5640400 and a Short% of Float of 4.19.
Dividends & Splits
In the trailing 12 months, TER’s forward annual dividend rate was 0.44, compared to 0.45 this year. The stock’s 5-year Average Dividend Yield is 0.46.
Earnings Estimates
A comprehensive evaluation of Teradyne, Inc. (TER) is underway, with the input of EURO SHORT-TERM RATE (ESTR) FUT analysts contributing to its current rating.The consensus estimate for the next quarter is $2.13, with high estimates of $1.35 and low estimates of $100.20.
Analysts are recommending an EPS of between $Industrials and $Technology for the fiscal current year, implying an average EPS of $Financial Services. EPS for the following year is $Stocks, with Future analysts recommending between $Stocks and $Stocks.
