Brokers Offer Predictions for Teradyne, Inc.’s Q1 2019 Earnings (TER)

Teradyne, Inc. (NYSE:TER) – Investment analysts at DA Davidson upped their Q1 2019 EPS estimates for shares of Teradyne in a note issued to investors on Thursday, October 25th. DA Davidson analyst T. Diffely now expects that the semiconductor company will post earnings of $0.49 per share for the quarter, up from their previous estimate of $0.45. DA Davidson has a “Neutral” rating and a $35.00 price objective on the stock. DA Davidson also issued estimates for Teradyne’s Q4 2019 earnings at $0.48 EPS.

Teradyne (NYSE:TER) last posted its quarterly earnings results on Tuesday, October 23rd. The semiconductor company reported $0.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.08. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The business had revenue of $566.90 million during the quarter, compared to the consensus estimate of $556.87 million. During the same period in the prior year, the company posted $0.54 EPS. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year.



Several other research firms also recently weighed in on TER. Cowen set a $36.00 price target on Teradyne and gave the stock a “hold” rating in a research note on Wednesday, October 24th. Craig Hallum upgraded Teradyne from a “hold” rating to a “buy” rating in a research note on Thursday, October 25th. ValuEngine downgraded Teradyne from a “buy” rating to a “hold” rating in a research note on Wednesday, August 15th. Robert W. Baird restated a “buy” rating and issued a $46.00 price target on shares of Teradyne in a research note on Thursday, July 26th. Finally, Credit Suisse Group dropped their price target on Teradyne from $39.00 to $34.00 and set a “neutral” rating for the company in a research note on Thursday, October 25th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. Teradyne currently has a consensus rating of “Hold” and an average price target of $45.36.

TER stock opened at $33.99 on Monday. Teradyne has a 1-year low of $30.22 and a 1-year high of $50.68. The company has a quick ratio of 3.76, a current ratio of 4.10 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $6.03 billion, a price-to-earnings ratio of 14.53, a price-to-earnings-growth ratio of 1.62 and a beta of 1.28.

Several institutional investors and hedge funds have recently modified their holdings of the company. Vulcan Value Partners LLC purchased a new stake in shares of Teradyne during the 2nd quarter worth approximately $160,491,000. Macquarie Group Ltd. raised its holdings in shares of Teradyne by 1.9% during the 2nd quarter. Macquarie Group Ltd. now owns 2,587,522 shares of the semiconductor company’s stock worth $98,507,000 after acquiring an additional 49,232 shares in the last quarter. Senator Investment Group LP purchased a new stake in shares of Teradyne during the 2nd quarter worth approximately $89,655,000. Columbus Circle Investors raised its holdings in shares of Teradyne by 42.8% during the 2nd quarter. Columbus Circle Investors now owns 1,535,739 shares of the semiconductor company’s stock worth $58,466,000 after acquiring an additional 460,339 shares in the last quarter. Finally, ARK Investment Management LLC raised its holdings in shares of Teradyne by 176.2% during the 2nd quarter. ARK Investment Management LLC now owns 1,464,955 shares of the semiconductor company’s stock worth $55,771,000 after acquiring an additional 934,612 shares in the last quarter.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

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Earnings History and Estimates for Teradyne (NYSE:TER)

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