Teradyne (NASDAQ:TER) Earns Hold (C) Rating from Weiss Ratings

Key Points

• Teradyne's stock received a "hold (C)" rating from Weiss Ratings, reflecting a cautious outlook amid varying positions from other analysts.
• The stock has a market capitalization of $23 billion and a one year high of $150.71, but also reported a revenue decline of 10.7% year-over-year.
• The company's CEO recently sold 554 shares, indicating potential insider confidence issues, as insiders have sold a total of 2,216 shares over the past three months.

Teradyne (NASDAQ:TER - Get Free Report)'s stock had its "hold (c)" rating reissued by Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

TER has been the subject of several other reports. Cantor Fitzgerald set a $105.00 target price on shares of Teradyne and gave the stock an "overweight" rating in a research note on Tuesday, June 24th. UBS Group reaffirmed a "buy" rating and issued a $130.00 target price (up from $120.00) on shares of Teradyne in a research note on Thursday, July 31st. Northland Securities set a $161.00 price objective on Teradyne in a report on Tuesday. Morgan Stanley upgraded Teradyne from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $74.00 to $100.00 in a report on Thursday, July 31st. Finally, The Goldman Sachs Group restated a "sell" rating and set a $85.00 price objective on shares of Teradyne in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $118.27.

Teradyne Stock Performance

TER stock opened at $144.60 on Wednesday. The stock has a market capitalization of $23.00 billion, a P/E ratio of 50.03, a PEG ratio of 2.95 and a beta of 1.82. Teradyne has a one year low of $65.77 and a one year high of $150.71. The company has a 50 day moving average price of $120.09 and a two-hundred day moving average price of $96.01.

Teradyne (NASDAQ:TER - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.54 by $0.03. The firm had revenue of $651.80 million during the quarter, compared to analysts' expectations of $649.02 million. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. Teradyne's revenue for the quarter was down 10.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.86 EPS. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Research analysts forecast that Teradyne will post 3.88 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Gregory Stephen Smith sold 554 shares of the company's stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $126.39, for a total transaction of $70,020.06. Following the completion of the sale, the chief executive officer directly owned 95,885 shares of the company's stock, valued at approximately $12,118,905.15. This represents a 0.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 2,216 shares of company stock worth $251,028. 0.16% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Teradyne

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Berbice Capital Management LLC boosted its position in Teradyne by 200.0% in the 1st quarter. Berbice Capital Management LLC now owns 300 shares of the company's stock valued at $25,000 after buying an additional 200 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in Teradyne in the 2nd quarter valued at about $35,000. Manchester Capital Management LLC boosted its position in Teradyne by 44.7% in the 1st quarter. Manchester Capital Management LLC now owns 453 shares of the company's stock valued at $37,000 after buying an additional 140 shares during the last quarter. Brooklyn Investment Group boosted its position in Teradyne by 189.9% in the 1st quarter. Brooklyn Investment Group now owns 461 shares of the company's stock valued at $38,000 after buying an additional 302 shares during the last quarter. Finally, Steph & Co. purchased a new position in Teradyne in the 2nd quarter valued at about $43,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

About Teradyne

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.