In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of Teradyne, Inc. (NASDAQ: TER) was $97.76 for the day, up 1.87% from the previous closing price of $95.97. In other words, the price has increased by $1.87 from its previous closing price. On the day, 2.3 million shares were traded. TER stock price reached its highest trading level at $98.7 during the session, while it also had its lowest trading level at $96.2.
Ratios:
Our analysis of TER’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.14. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 14954738688 and an Enterprise Value of 14228048896. As of this moment, Teradyne,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.76, and their Forward P/E ratio for the next fiscal year is 20.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.60 while its Price-to-Book (P/B) ratio in mrq is 5.91. Its current Enterprise Value per Revenue stands at 5.316 whereas that against EBITDA is 22.672.
Stock Price History:
The Beta on a monthly basis for TER is 1.55, which has changed by 0.03614199 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. 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 -6.96%, while the 200-Day Moving Average is calculated to be -3.93%.
Shares Statistics:
TER traded an average of 1.84M shares per day over the past three months and 1915000 shares per day over the past ten days. 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 105.51% stake in the company. Shares short for TER as of 1711584000 were 5640400 with a Short Ratio of 3.06, 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
With its trailing 12-month dividend rate of 0.44, TER has a forward annual dividend rate of 0.45. 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 2024-02-15 with an ex-dividend date of 1707955200. Stock splits for the company last occurred on 1999-09-01 when the company split stock in a 2:1 ratio.
