About Teradyne (NYSE:TER)
Teradyne, Inc. supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries. Its segments include Semiconductor Test, which includes operations related to the design, manufacturing and marketing of semiconductor test products and services; System Test, which includes operations related to the design, manufacturing and marketing of products and services for defense/aerospace instrumentation test, storage test and circuit-board test; Wireless Test, which includes operations related to the design, manufacturing and marketing of wireless test products and services, and Industrial Automation, which includes operations related to the design, manufacturing and marketing of collaborative robots.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Semiconductor Testing Equipment & Service
- Sub-Industry: Semiconductor Equipment
- Symbol: NYSE:TER
- CUSIP: 88077010
- Web: www.teradyne.com
- Market Cap: $7.7 billion
- Outstanding Shares: 197,832,000
- 50 Day Moving Avg: $37.05
- 200 Day Moving Avg: $34.61
- 52 Week Range: $20.22 - $39.47
Sales & Book Value:
- Trailing P/E Ratio: 20.18
- Foreward P/E Ratio: 18.20
- P/E Growth: 1.38
- Annual Revenue: $1.94 billion
- Price / Sales: 3.97
- Book Value: $10.35 per share
- Price / Book: 3.76
- Annual Dividend: $0.28
- Dividend Yield: 0.7%
- EBITDA: $547.01 million
- Net Margins: 20.08%
- Return on Equity: 21.25%
- Return on Assets: 14.64%
- Debt-to-Equity Ratio: 0.18%
- Current Ratio: 4.74%
- Quick Ratio: 4.39%
- Average Volume: 2.40 million shs.
- Beta: 0.98
- Short Ratio: 2.24
Frequently Asked Questions for Teradyne (NYSE:TER)
What is Teradyne's stock symbol?
Teradyne trades on the New York Stock Exchange (NYSE) under the ticker symbol "TER."
How often does Teradyne pay dividends? What is the dividend yield for Teradyne?
Teradyne declared a quarterly dividend on Friday, August 25th. Stockholders of record on Thursday, September 7th will be given a dividend of $0.07 per share on Friday, September 29th. This represents a $0.28 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Wednesday, September 6th. View Teradyne's Dividend History.
How were Teradyne's earnings last quarter?
Teradyne, Inc. (NYSE:TER) announced its quarterly earnings results on Wednesday, July, 26th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.86 by $0.04. The firm earned $697 million during the quarter, compared to the consensus estimate of $683.66 million. Teradyne had a return on equity of 21.25% and a net margin of 20.08%. The business's revenue was up 31.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 earnings per share. View Teradyne's Earnings History.
When will Teradyne make its next earnings announcement?
What guidance has Teradyne issued on next quarter's earnings?
Teradyne updated its third quarter earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of $0.39-0.46 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.38. The company issued revenue guidance of $455-485 million, compared to the consensus revenue estimate of $455.65 million.
Where is Teradyne's stock going? Where will Teradyne's stock price be in 2017?
12 brokers have issued 1 year price objectives for Teradyne's shares. Their predictions range from $27.00 to $43.00. On average, they anticipate Teradyne's share price to reach $37.00 in the next twelve months. View Analyst Ratings for Teradyne.
What are analysts saying about Teradyne stock?
Here are some recent quotes from research analysts about Teradyne stock:
- 1. According to Zacks Investment Research, "Teradyne is a leading provider of automated test equipment. On a year-to-date basis, the stock has outperformed the industry it belongs to. Also, Teradyne’s second quarter results surpassed the Zacks Consensus Estimate on earnings and revenue. A recovery in the core semiconductor business (processors, MCUs and power management), long-term opportunities in the high-growth wireless test market, growing memory market exposure, strong product lineup, lean cost structure and strong balance sheet are positives. Given the popularity of its products, the Universal Robots acquisition and the continuous design win momentum; the company is optimistic long-term prospects. However, weakness in the wireless test market could be a concern in the near term." (9/19/2017)
- 2. Needham & Company LLC analysts commented, "2016 was a break-out year for TER as it appears investors have finally started to: 1) give management credit for gaining share in ATE; 2) appreciate the earnings growth over the last 3 years; and 3) assign a value to TER's growing industrial robot business. We believe the upcoming 4Q16 report needs to confirm the continued growth momentum in order for the stock to continue to march higher. With the improved semi demand environment, TER's business momentum and its optimized operational/financial structure, we believe the company will not disappoint." (1/24/2017)
Who are some of Teradyne's key competitors?
Some companies that are related to Teradyne include Waters Corporation (WAT), Maxim Integrated Products (MXIM), Motorola Solutions (MSI), Liberty Media Corporation (LSXMA), CA (CA), Mobileye NV (MBLY), Palo Alto Networks (PANW), Zte Corp. (ZTCOY), Advanced Micro Devices (AMD), Twitter (TWTR), Synopsys (SNPS), Citrix Systems (CTXS), Square (SQ), NetApp (NTAP), Cadence Design Systems (CDNS), Seagate Technology PLC (STX), Atlassian Corporation PLC (TEAM) and ANSYS (ANSS).
Who are Teradyne's key executives?
Teradyne's management team includes the folowing people:
- Roy A. Vallee, Independent Chairman of the Board
- Mark E. Jagiela, President, Chief Executive Officer, Director
- Gregory R. Beecher, Chief Financial Officer, Vice President, Treasurer
- Bradford B. Robbins, President - Wireless Test
- Gregory Stephen Smith, President - Semiconductor Test
- Walter G. Vahey, President - Systems Test Group
- Charles Jeffrey Gray, Vice President, General Counsel, Secretary
- Michael A. Bradley, Director
- Daniel W. Christman, Independent Director
- Edwin J. Gillis, Independent Director
Who owns Teradyne stock?
Teradyne's stock is owned by many different of institutional and retail investors. Top institutional shareholders include
BAILLIE GIFFORD & COMPANY
(4.59%), Nationwide Fund Advisors (0.40%), Robeco Institutional Asset Management B.V. (0.36%), APG Asset Management N.V. (0.22%), LS Investment Advisors LLC (0.18%) and State Treasurer State of Michigan (0.04%). Company insiders that own Teradyne stock include Brad Robbins, Charles Jeffrey Gray, Daniel W Christman, Edwin J Gillis, Mark E Jagiela, Mercedes Johnson, Michael A Bradley and Walter G Vahey. View Institutional Ownership Trends for Teradyne.
Who sold Teradyne stock? Who is selling Teradyne stock?
Teradyne's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Sumitomo Life Insurance Co. and State Treasurer State of Michigan. Company insiders that have sold Teradyne stock in the last year include Brad Robbins, Charles Jeffrey Gray, Daniel W Christman, Edwin J Gillis, Mark E Jagiela, Mercedes Johnson, Michael A Bradley and Walter G Vahey. View Insider Buying and Selling for Teradyne.
Who bought Teradyne stock? Who is buying Teradyne stock?
Teradyne's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., LS Investment Advisors LLC, Mizuho Securities USA LLC, Meeder Asset Management Inc., Oakbrook Investments LLC, Norman Fields Gottscho Capital Management LLC, Robeco Institutional Asset Management B.V. and Gilman Hill Asset Management LLC. View Insider Buying and Selling for Teradyne.
How do I buy Teradyne stock?
Shares of Teradyne can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Teradyne's stock price today?
MarketBeat Community Rating for Teradyne (NYSE TER)MarketBeat's community ratings are surveys of what our community members think about Teradyne and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Teradyne stock can currently be purchased for approximately $38.94.
Consensus Ratings for Teradyne (NYSE:TER) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 9 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$37.00 (4.98% downside)|Consensus Price Target History for Teradyne (NYSE:TER)
Analysts' Ratings History for Teradyne (NYSE:TER)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/19/2017||Citigroup Inc.||Reiterated Rating||Buy||$43.00||Low|
|9/18/2017||Susquehanna Bancshares Inc||Reiterated Rating||Neutral||$32.00 -> $41.00||Medium|
|9/1/2017||Needham & Company LLC||Reiterated Rating||Buy||$40.00||Low|
|7/28/2017||Cowen and Company||Set Price Target||Buy||$41.00||Low|
|7/27/2017||Stifel Nicolaus||Reiterated Rating||Buy||Low|
|7/27/2017||Credit Suisse Group||Reiterated Rating||Neutral||Low|
|4/24/2017||Deutsche Bank AG||Boost Price Target||Buy||$30.00 -> $34.00||Medium|
|4/3/2017||Robert W. Baird||Initiated Coverage||Outperform -> Outperform||$37.00||Medium|
|1/27/2017||Summit Redstone||Reiterated Rating||Buy||N/A|
|12/16/2016||Evercore ISI||Reiterated Rating||Buy||$25.00 -> $28.00||N/A|
|10/28/2016||BMO Capital Markets||Lower Price Target||Market Perform||$30.00 -> $27.00||N/A|
|8/25/2016||Craig Hallum||Upgrade||Hold -> Buy||N/A|
|7/29/2016||Pacific Crest||Reiterated Rating||Hold||N/A|
|7/29/2016||DA Davidson||Boost Price Target||Buy||$24.00 -> $25.00||N/A|
|2/2/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$22.00||N/A|
Earnings History for Teradyne (NYSE:TER)Earnings History by Quarter for Teradyne (NYSE TER)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||$0.86||$0.90||$683.66 million||$697.00 million||View||N/A|
|4/26/2017||Q1 2017||$0.38||$0.44||$440.96 million||$457.00 million||View||N/A|
|1/25/2017||Q416||$0.22||$0.32||$348.23 million||$380.00 million||View||N/A|
|10/26/2016||Q316||$0.28||$0.33||$392.38 million||$410.00 million||View||N/A|
|7/27/2016||Q216||$0.50||$0.55||$526.75 million||$532.00 million||View||N/A|
|4/27/2016||Q116||$0.27||$0.31||$425.70 million||$431.00 million||View||Listen|
|1/27/2016||Q415||$0.10||$0.13||$311.77 million||$410.00 million||View||Listen|
|10/27/2015||Q315||$0.38||$0.40||$466.23 million||$466.00 million||View||Listen|
|7/29/2015||Q215||$0.45||$0.53||$487.60 million||$513.00 million||View||Listen|
|4/30/2015||Q115||$0.12||$0.17||$331.48 million||$342.00 million||View||N/A|
|1/28/2015||Q414||$0.12||$0.14||$318.67 million||$323.00 million||View||N/A|
|10/22/2014||Q314||$0.40||$0.44||$466.70 million||$478.01 million||View||N/A|
|7/23/2014||Q214||$0.42||$0.54||$479.51 million||$525.60 million||View||N/A|
|4/23/2014||Q114||$0.07||$0.11||$314.57 million||$321.01 million||View||N/A|
|1/22/2014||Q413||$0.04||$0.07||$275.30 million||$285.00 million||View||N/A|
|10/23/2013||Q313||$0.44||$0.46||$446.34 million||$433.00 million||View||N/A|
|7/24/2013||Q2 2013||$0.32||$0.43||$407.39 million||$428.89 million||View||N/A|
|4/24/2013||Q1 2013||($0.02)||$0.03||$274.59 million||$280.37 million||View||N/A|
|1/23/2013||Q4 2012||$0.01||$0.07||$247.41 million||$248.40 million||View||N/A|
|10/24/2012||Q312||$0.45||$0.53||$438.99 million||$463.00 million||View||N/A|
Earnings Estimates for Teradyne (NYSE:TER)
2017 EPS Consensus Estimate: $1.42
2018 EPS Consensus Estimate: $2.22
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Teradyne (NYSE:TER)
|Most Recent Dividend:||9/29/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||14.51% (Trailing 12 Months of Earnings) |
14.14% (Based on This Year's Estimates)
13.08% (Based on Next Year's Estimates)
|Track Record:||2 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Teradyne (NYSE TER)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Teradyne (NYSE:TER)
Insider Ownership Percentage: 0.62%Insider Trades by Quarter for Teradyne (NYSE:TER)
Institutional Ownership Percentage: 93.11%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/14/2017||Michael A Bradley||Director||Sell||17,390||$36.30||$631,257.00|| |
|9/12/2017||Michael A Bradley||Director||Sell||15,248||$35.86||$546,793.28|| |
|9/5/2017||Edwin J Gillis||Director||Sell||41,000||$35.63||$1,460,830.00|| |
|9/1/2017||Michael A Bradley||Director||Sell||22,168||$35.64||$790,067.52|| |
|8/1/2017||Mark E Jagiela||Insider||Sell||30,000||$34.50||$1,035,000.00|| |
|7/28/2017||Brad Robbins||Insider||Sell||15,892||$34.54||$548,909.68|| |
|6/6/2017||Michael A Bradley||Director||Sell||9,235||$35.32||$326,180.20|| |
|5/19/2017||Mercedes Johnson||Director||Sell||8,000||$35.07||$280,560.00|| |
|5/10/2017||Daniel W Christman||Director||Sell||3,232||$35.65||$115,220.80|| |
|3/16/2017||Brad Robbins||Insider||Sell||10,000||$30.89||$308,900.00|| |
|2/17/2017||Walter G Vahey||Insider||Sell||9,188||$29.16||$267,922.08|| |
|1/27/2017||Brad Robbins||Insider||Sell||1,700||$28.17||$47,889.00|| |
|1/27/2017||Charles Jeffrey Gray||VP||Sell||6,400||$27.80||$177,920.00|| |
|12/9/2016||Brad Robbins||Insider||Sell||4,760||$26.00||$123,760.00|| |
|11/8/2016||Michael A Bradley||Director||Sell||10,000||$23.47||$234,700.00|| |
|11/2/2016||Michael A Bradley||Director||Sell||10,000||$23.37||$233,700.00|| |
|8/30/2016||Michael A Bradley||Director||Sell||15,000||$21.39||$320,850.00|| |
|8/29/2016||Michael A Bradley||Director||Sell||31,502||$21.19||$667,527.38|| |
|8/25/2016||Michael A Bradley||Director||Sell||64,650||$20.93||$1,353,124.50|| |
|5/11/2016||Daniel W Christman||Director||Sell||3,668||$18.86||$69,178.48|| |
|3/18/2016||Michael A Bradley||Director||Sell||34,000||$20.91||$710,940.00|| |
|2/2/2016||Charles Jeffrey Gray||VP||Sell||17,000||$19.21||$326,570.00|| |
|11/11/2015||Michael A. Bradley||Director||Sell||15,431||$20.19||$311,551.89|| |
|11/4/2015||Michael A. Bradley||Director||Sell||30,860||$20.07||$619,360.20|| |
|5/27/2015||Michael A Bradley||Director||Sell||8,442||$20.83||$175,846.86|| |
|5/21/2015||Daniel W Christman||Director||Sell||4,221||$20.65||$87,163.65|| |
|3/20/2015||Michael A Bradley||Director||Sell||5,000||$20.08||$100,400.00|| |
|2/24/2015||Michael A Bradley||Director||Sell||21,877||$19.97||$436,883.69|| |
|11/26/2014||Michael A Bradley||Director||Sell||25,381||$19.84||$503,559.04|| |
|11/24/2014||Michael A Bradley||Director||Sell||20,000||$19.63||$392,600.00|| |
|8/29/2014||Michael A Bradley||Director||Sell||39,024||$20.52||$800,772.48|| |
|8/22/2014||Michael A Bradley||Director||Sell||150,367||$20.09||$3,020,873.03|| |
|8/21/2014||Michael A Bradley||Director||Sell||22,316||$20.31||$453,237.96|| |
|8/20/2014||Michael A Bradley||Director||Sell||50,367||$19.70||$992,229.90|| |
|8/14/2014||Michael A Bradley||Director||Sell||96,038||$19.02||$1,826,642.76|| |
|8/7/2014||Edwin J Gillis||Director||Sell||25,000||$18.67||$466,750.00|| |
|6/12/2014||Michael A Bradley||Director||Sell||32,339||$19.17||$619,938.63|| |
|6/6/2014||Michael A Bradley||Director||Sell||30,640||$18.62||$570,516.80|| |
|5/22/2014||Daniel Christman||Director||Sell||3,950||$18.00||$71,100.00|| |
|2/20/2014||Michael Bradley||Director||Sell||50,514||$20.41||$1,030,990.74|| |
|2/14/2014||Michael Bradley||Director||Sell||13,940||$19.59||$273,084.60|| |
|2/12/2014||Michael Bradley||Director||Sell||1,500||$19.49||$29,235.00|| |
|2/11/2014||Michael Bradley||Director||Sell||69,483||$19.19||$1,333,378.77|| |
|2/5/2014||Michael Bradley||Director||Sell||26,250||$18.65||$489,562.50|| |
|1/29/2014||Charles Jeffrey Gray||VP||Sell||27,112||$19.23||$521,363.76|| |
|1/29/2014||Gregory Beecher||CFO||Sell||55,206||$19.26||$1,063,267.56|| |
|1/24/2014||Daniel Christman||Director||Sell||5,528||$19.54||$108,017.12|| |
|12/9/2013||Michael Bradley||CEO||Sell||37,860||$17.24||$652,706.40|| |
|5/22/2013||Daniel W Christman||Director||Sell||3,701||$17.03||$63,028.03|| |
|3/6/2013||Michael A Bradley||CEO||Sell||136,657||$17.28||$2,361,432.96|| |
|3/5/2013||Gregory R Beecher||CFO||Sell||125,424||$17.19||$2,156,038.56|| |
Headline Trends for Teradyne (NYSE:TER)
Latest Headlines for Teradyne (NYSE:TER)
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Teradyne (TER) Chart for Tuesday, October, 24, 2017