Teradyne Company Profile (NYSE:TER)

About Teradyne (NYSE:TER)

Teradyne logoTeradyne, 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
Capitalization:
  • Market Cap: $7.72732 billion
  • Outstanding Shares: 197,832,000
Average Prices:
  • 50 Day Moving Avg: $37.05
  • 200 Day Moving Avg: $34.61
  • 52 Week Range: $20.22 - $39.47
P/E:
  • Trailing P/E Ratio: 20.18
  • Foreward P/E Ratio: 18.45
  • P/E Growth: 1.38
Sales & Book Value:
  • Annual Revenue: $1.94 billion
  • Price / Sales: 3.99
  • Book Value: $10.35 per share
  • Price / Book: 3.78
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 0.7%
Profitability:
  • EBITDA: $547.01 million
  • Net Margins: 20.08%
  • Return on Equity: 21.25%
  • Return on Assets: 14.64%
Debt:
  • Debt-to-Equity Ratio: 0.18%
  • Current Ratio: 4.74%
  • Quick Ratio: 4.39%
Misc:
  • Average Volume: 2.42 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 announced a quarterly dividend on Friday, August 25th. Shareholders of record on Thursday, September 7th will be paid a dividend of $0.07 per share on Friday, September 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date is Wednesday, September 6th. View Teradyne's Dividend History.

How were Teradyne's earnings last quarter?

Teradyne, Inc. (NYSE:TER) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.86 by $0.04. The business earned $697 million during the quarter, compared to analysts' expectations of $683.66 million. Teradyne had a net margin of 20.08% and a return on equity of 21.25%. The firm's quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter last year, the company earned $0.55 EPS. View Teradyne's Earnings History.

When will Teradyne make its next earnings announcement?

Teradyne is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Teradyne.

What guidance has Teradyne issued on next quarter's earnings?

Teradyne issued an update on 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 EPS 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 analysts have issued 1-year price targets for Teradyne's stock. Their forecasts range from $27.00 to $43.00. On average, they anticipate Teradyne's stock 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?

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 a number of of institutional and retail investors. Top institutional shareholders include BAILLIE GIFFORD & COMPANY (4.59%), Robeco Institutional Asset Management B.V. (0.36%), APG Asset Management N.V. (0.22%), LS Investment Advisors LLC (0.18%), State Treasurer State of Michigan (0.04%) and Sumitomo Life Insurance Co. (0.03%). 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 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 purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., LS Investment Advisors LLC, Meeder Asset Management Inc., Oakbrook Investments LLC, Norman Fields Gottscho Capital Management LLC and Robeco Institutional Asset Management B.V.. 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?

One share of Teradyne stock can currently be purchased for approximately $39.11.


MarketBeat Community Rating for Teradyne (NYSE TER)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  365 (Vote Outperform)
Underperform Votes:  186 (Vote Underperform)
Total Votes:  551
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.

Analyst Ratings

Consensus Ratings for Teradyne (NYSE:TER) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $37.00 (5.40% downside)
Consensus Price Target History for Teradyne (NYSE:TER)
Price Target History for Teradyne (NYSE:TER)
Analysts' Ratings History for Teradyne (NYSE:TER)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/19/2017Citigroup Inc.Reiterated RatingBuy$43.00LowView Rating Details
9/18/2017Susquehanna Bancshares IncReiterated RatingNeutral$32.00 -> $41.00MediumView Rating Details
9/16/2017KeyCorpReiterated RatingOutperform$40.00HighView Rating Details
9/1/2017Needham & Company LLCReiterated RatingBuy$40.00LowView Rating Details
7/28/2017Cowen and CompanySet Price TargetBuy$41.00LowView Rating Details
7/27/2017Stifel NicolausReiterated RatingBuyLowView Rating Details
7/27/2017Credit Suisse GroupReiterated RatingNeutralLowView Rating Details
4/24/2017Deutsche Bank AGBoost Price TargetBuy$30.00 -> $34.00MediumView Rating Details
4/3/2017Robert W. BairdInitiated CoverageOutperform -> Outperform$37.00MediumView Rating Details
1/27/2017Summit RedstoneReiterated RatingBuyN/AView Rating Details
12/16/2016Evercore ISIReiterated RatingBuy$25.00 -> $28.00N/AView Rating Details
10/28/2016BMO Capital MarketsLower Price TargetMarket Perform$30.00 -> $27.00N/AView Rating Details
8/25/2016Craig HallumUpgradeHold -> BuyN/AView Rating Details
7/29/2016Pacific CrestReiterated RatingHoldN/AView Rating Details
7/29/2016DA DavidsonBoost Price TargetBuy$24.00 -> $25.00N/AView Rating Details
2/2/2016Goldman Sachs Group IncDowngradeBuy -> Neutral$22.00N/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Teradyne (NYSE:TER)
Earnings by Quarter for Teradyne (NYSE:TER)
Earnings History by Quarter for Teradyne (NYSE TER)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.39N/AView Earnings Details
7/26/2017Q2 2017$0.86$0.90$683.66 million$697.00 millionViewN/AView Earnings Details
4/26/2017Q1 2017$0.38$0.44$440.96 million$457.00 millionViewN/AView Earnings Details
1/25/2017Q416$0.22$0.32$348.23 million$380.00 millionViewN/AView Earnings Details
10/26/2016Q316$0.28$0.33$392.38 million$410.00 millionViewN/AView Earnings Details
7/27/2016Q216$0.50$0.55$526.75 million$532.00 millionViewN/AView Earnings Details
4/27/2016Q116$0.27$0.31$425.70 million$431.00 millionViewListenView Earnings Details
1/27/2016Q415$0.10$0.13$311.77 million$410.00 millionViewListenView Earnings Details
10/27/2015Q315$0.38$0.40$466.23 million$466.00 millionViewListenView Earnings Details
7/29/2015Q215$0.45$0.53$487.60 million$513.00 millionViewListenView Earnings Details
4/30/2015Q115$0.12$0.17$331.48 million$342.00 millionViewN/AView Earnings Details
1/28/2015Q414$0.12$0.14$318.67 million$323.00 millionViewN/AView Earnings Details
10/22/2014Q314$0.40$0.44$466.70 million$478.01 millionViewN/AView Earnings Details
7/23/2014Q214$0.42$0.54$479.51 million$525.60 millionViewN/AView Earnings Details
4/23/2014Q114$0.07$0.11$314.57 million$321.01 millionViewN/AView Earnings Details
1/22/2014Q413$0.04$0.07$275.30 million$285.00 millionViewN/AView Earnings Details
10/23/2013Q313$0.44$0.46$446.34 million$433.00 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.32$0.43$407.39 million$428.89 millionViewN/AView Earnings Details
4/24/2013Q1 2013($0.02)$0.03$274.59 million$280.37 millionViewN/AView Earnings Details
1/23/2013Q4 2012$0.01$0.07$247.41 million$248.40 millionViewN/AView Earnings Details
10/24/2012Q312$0.45$0.53$438.99 million$463.00 millionViewN/AView Earnings Details
7/25/2012$0.58$0.77ViewN/AView Earnings Details
4/25/2012$0.28$0.30ViewN/AView Earnings Details
1/25/2012$0.12$0.16ViewN/AView Earnings Details
4/27/2011$0.37$0.39ViewN/AView Earnings Details
1/26/2011$0.25$0.37ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Teradyne (NYSE:TER)
2017 EPS Consensus Estimate: $1.42
2018 EPS Consensus Estimate: $2.22
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.26$0.26$0.26
Q2 20171$0.56$0.56$0.56
Q3 20172$0.36$0.43$0.40
Q4 20172$0.17$0.23$0.20
Q1 20181$0.42$0.42$0.42
Q2 20181$0.92$0.92$0.92
Q3 20181$0.56$0.56$0.56
Q4 20182$0.30$0.33$0.32
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teradyne (NYSE:TER)
Most Recent Dividend:9/29/2017
Annual Dividend:$0.28
Dividend Yield:0.72%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:14.51% (Trailing 12 Months of Earnings)
14.14% (Based on This Year's Estimates)
13.21% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Teradyne (NYSE:TER)

Dividend History by Quarter for Teradyne (NYSE TER)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/25/2017quarterly$0.070.81%9/6/20179/7/20179/29/2017
5/9/2017quarterly$0.070.79%5/30/20176/1/20176/23/2017
1/25/2017quarterly$0.071.02%2/22/20172/24/20173/20/2017
11/15/2016quarterly$0.060.98%11/28/201611/30/201612/22/2016
8/24/2016quarterly$0.061.15%9/2/20169/7/20169/30/2016
5/10/2016quarterly$0.061.27%5/27/20166/1/20166/24/2016
1/29/2016quarterly$0.061.24%2/24/20162/26/20163/31/2016
1/27/2016quarterly$0.062/24/20162/26/20163/21/2016
11/18/2015quarterly$0.061.17%11/30/201512/2/201512/28/2015
8/21/2015quarterly$0.061.43%9/2/20159/4/20159/28/2015
5/12/2015quarterly$0.061.18%5/29/20156/2/20156/26/2015
1/29/2015quarterly$0.061.29%2/25/20152/27/20153/24/2015
11/19/2014quarterly$0.061.25%12/1/201412/3/201412/29/2014
8/21/2014quarterly$0.061.19%9/3/20149/5/20149/26/2014
1/23/2014special$0.065/7/20145/9/20146/2/2014
1/22/2014quarterly$0.065/7/20145/9/20146/2/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Teradyne (NYSE:TER)
Insider Ownership Percentage: 0.62%
Institutional Ownership Percentage: 93.11%
Insider Trades by Quarter for Teradyne (NYSE:TER)
Institutional Ownership by Quarter for Teradyne (NYSE:TER)
Insider Trades by Quarter for Teradyne (NYSE:TER)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/14/2017Michael A BradleyDirectorSell17,390$36.30$631,257.00View SEC Filing  
9/12/2017Michael A BradleyDirectorSell15,248$35.86$546,793.28View SEC Filing  
9/5/2017Edwin J GillisDirectorSell41,000$35.63$1,460,830.00View SEC Filing  
9/1/2017Michael A BradleyDirectorSell22,168$35.64$790,067.52View SEC Filing  
8/1/2017Mark E JagielaInsiderSell30,000$34.50$1,035,000.00View SEC Filing  
7/28/2017Brad RobbinsInsiderSell15,892$34.54$548,909.68View SEC Filing  
6/6/2017Michael A BradleyDirectorSell9,235$35.32$326,180.20View SEC Filing  
5/19/2017Mercedes JohnsonDirectorSell8,000$35.07$280,560.00View SEC Filing  
5/10/2017Daniel W ChristmanDirectorSell3,232$35.65$115,220.80View SEC Filing  
3/16/2017Brad RobbinsInsiderSell10,000$30.89$308,900.00View SEC Filing  
2/17/2017Walter G VaheyInsiderSell9,188$29.16$267,922.08View SEC Filing  
1/27/2017Brad RobbinsInsiderSell1,700$28.17$47,889.00View SEC Filing  
1/27/2017Charles Jeffrey GrayVPSell6,400$27.80$177,920.00View SEC Filing  
12/9/2016Brad RobbinsInsiderSell4,760$26.00$123,760.00View SEC Filing  
11/8/2016Michael A BradleyDirectorSell10,000$23.47$234,700.00View SEC Filing  
11/2/2016Michael A BradleyDirectorSell10,000$23.37$233,700.00View SEC Filing  
8/30/2016Michael A BradleyDirectorSell15,000$21.39$320,850.00View SEC Filing  
8/29/2016Michael A BradleyDirectorSell31,502$21.19$667,527.38View SEC Filing  
8/25/2016Michael A BradleyDirectorSell64,650$20.93$1,353,124.50View SEC Filing  
5/11/2016Daniel W ChristmanDirectorSell3,668$18.86$69,178.48View SEC Filing  
3/18/2016Michael A BradleyDirectorSell34,000$20.91$710,940.00View SEC Filing  
2/2/2016Charles Jeffrey GrayVPSell17,000$19.21$326,570.00View SEC Filing  
11/11/2015Michael A. BradleyDirectorSell15,431$20.19$311,551.89View SEC Filing  
11/4/2015Michael A. BradleyDirectorSell30,860$20.07$619,360.20View SEC Filing  
5/27/2015Michael A BradleyDirectorSell8,442$20.83$175,846.86View SEC Filing  
5/21/2015Daniel W ChristmanDirectorSell4,221$20.65$87,163.65View SEC Filing  
3/20/2015Michael A BradleyDirectorSell5,000$20.08$100,400.00View SEC Filing  
2/24/2015Michael A BradleyDirectorSell21,877$19.97$436,883.69View SEC Filing  
11/26/2014Michael A BradleyDirectorSell25,381$19.84$503,559.04View SEC Filing  
11/24/2014Michael A BradleyDirectorSell20,000$19.63$392,600.00View SEC Filing  
8/29/2014Michael A BradleyDirectorSell39,024$20.52$800,772.48View SEC Filing  
8/22/2014Michael A BradleyDirectorSell150,367$20.09$3,020,873.03View SEC Filing  
8/21/2014Michael A BradleyDirectorSell22,316$20.31$453,237.96View SEC Filing  
8/20/2014Michael A BradleyDirectorSell50,367$19.70$992,229.90View SEC Filing  
8/14/2014Michael A BradleyDirectorSell96,038$19.02$1,826,642.76View SEC Filing  
8/7/2014Edwin J GillisDirectorSell25,000$18.67$466,750.00View SEC Filing  
6/12/2014Michael A BradleyDirectorSell32,339$19.17$619,938.63View SEC Filing  
6/6/2014Michael A BradleyDirectorSell30,640$18.62$570,516.80View SEC Filing  
5/22/2014Daniel ChristmanDirectorSell3,950$18.00$71,100.00View SEC Filing  
2/20/2014Michael BradleyDirectorSell50,514$20.41$1,030,990.74View SEC Filing  
2/14/2014Michael BradleyDirectorSell13,940$19.59$273,084.60View SEC Filing  
2/12/2014Michael BradleyDirectorSell1,500$19.49$29,235.00View SEC Filing  
2/11/2014Michael BradleyDirectorSell69,483$19.19$1,333,378.77View SEC Filing  
2/5/2014Michael BradleyDirectorSell26,250$18.65$489,562.50View SEC Filing  
1/29/2014Charles Jeffrey GrayVPSell27,112$19.23$521,363.76View SEC Filing  
1/29/2014Gregory BeecherCFOSell55,206$19.26$1,063,267.56View SEC Filing  
1/24/2014Daniel ChristmanDirectorSell5,528$19.54$108,017.12View SEC Filing  
12/9/2013Michael BradleyCEOSell37,860$17.24$652,706.40View SEC Filing  
5/22/2013Daniel W ChristmanDirectorSell3,701$17.03$63,028.03View SEC Filing  
3/6/2013Michael A BradleyCEOSell136,657$17.28$2,361,432.96View SEC Filing  
3/5/2013Gregory R BeecherCFOSell125,424$17.19$2,156,038.56View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Teradyne (TER) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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