Analysts Issue Forecasts for Teradyne FY2025 Earnings

Teradyne, Inc. (NASDAQ:TER) – Stock analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Teradyne in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse anticipates that the company will post earnings of $4.00 per share for the year. The consensus estimate for Teradyne’s current full-year earnings is $3.17 per share.

A number of other research firms have also recently issued reports on TER. Robert W. Baird lowered their price objective on Teradyne from $140.00 to $133.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Northland Securities upgraded shares of Teradyne from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $117.00 to $154.00 in a research note on Monday, January 6th. Susquehanna lifted their target price on shares of Teradyne from $145.00 to $165.00 and gave the company a “positive” rating in a research report on Wednesday. Northland Capmk raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Finally, Craig Hallum decreased their price objective on Teradyne from $124.00 to $111.00 and set a “hold” rating on the stock in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.31.

Teradyne Stock Down 2.2 %

Shares of TER opened at $131.83 on Wednesday. The stock’s 50-day moving average price is $123.40 and its 200 day moving average price is $126.81. The firm has a market capitalization of $21.47 billion, a price-to-earnings ratio of 41.85, a P/E/G ratio of 2.21 and a beta of 1.46. Teradyne has a 12-month low of $92.29 and a 12-month high of $163.21.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.12. Teradyne had a net margin of 18.75% and a return on equity of 18.56%. The company had revenue of $737.30 million for the quarter, compared to the consensus estimate of $716.40 million. During the same quarter in the previous year, the firm posted $0.80 EPS. The business’s revenue was up 4.8% compared to the same quarter last year.

Institutional Investors Weigh In On Teradyne

Several large investors have recently bought and sold shares of the company. State Street Corp increased its position in shares of Teradyne by 5.4% in the 3rd quarter. State Street Corp now owns 6,880,148 shares of the company’s stock valued at $921,458,000 after buying an additional 350,002 shares in the last quarter. Geode Capital Management LLC grew its stake in Teradyne by 5.5% in the third quarter. Geode Capital Management LLC now owns 4,011,131 shares of the company’s stock valued at $535,484,000 after acquiring an additional 209,868 shares during the period. Van ECK Associates Corp increased its holdings in shares of Teradyne by 6.3% in the third quarter. Van ECK Associates Corp now owns 3,082,064 shares of the company’s stock worth $383,501,000 after acquiring an additional 183,721 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Teradyne by 18.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,432,722 shares of the company’s stock worth $325,814,000 after purchasing an additional 374,522 shares during the period. Finally, Aspex Management HK Ltd raised its position in shares of Teradyne by 11.5% during the third quarter. Aspex Management HK Ltd now owns 2,387,433 shares of the company’s stock worth $319,749,000 after purchasing an additional 246,914 shares during the period. Institutional investors own 99.77% of the company’s stock.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 3,080 shares of the company’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the sale, the chief executive officer now directly owns 74,660 shares of the company’s stock, valued at $9,705,800. This represents a 3.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.36% of the stock is currently owned by company insiders.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, November 25th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.36%. The ex-dividend date of this dividend was Monday, November 25th. Teradyne’s payout ratio is 15.24%.

Teradyne announced that its Board of Directors has approved a share repurchase program on Monday, November 11th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 0.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.