Teradyne, Inc. (NASDAQ:TER – Free Report) – Stock analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Teradyne in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse forecasts that the company will earn $4.00 per share for the year. The consensus estimate for Teradyne’s current full-year earnings is $3.17 per share.
Teradyne (NASDAQ:TER – Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.12. The firm had revenue of $737.30 million during the quarter, compared to analysts’ expectations of $716.40 million. Teradyne had a net margin of 18.75% and a return on equity of 18.56%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.80 earnings per share.
Check Out Our Latest Analysis on TER
Teradyne Stock Down 4.4 %
Shares of TER stock opened at $132.30 on Wednesday. The firm has a 50 day moving average of $122.33 and a two-hundred day moving average of $126.72. The stock has a market capitalization of $21.55 billion, a PE ratio of 42.00, a P/E/G ratio of 2.30 and a beta of 1.46. Teradyne has a 52 week low of $92.29 and a 52 week high of $163.21.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Teradyne during the 4th quarter worth approximately $104,000. Marshall Financial Group LLC increased its position in Teradyne by 2.4% during the fourth quarter. Marshall Financial Group LLC now owns 9,785 shares of the company’s stock worth $1,232,000 after buying an additional 230 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Teradyne by 7.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 170,068 shares of the company’s stock worth $21,415,000 after acquiring an additional 11,951 shares during the last quarter. Zweig DiMenna Associates LLC lifted its position in shares of Teradyne by 28.8% in the fourth quarter. Zweig DiMenna Associates LLC now owns 190,158 shares of the company’s stock valued at $23,945,000 after acquiring an additional 42,500 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC acquired a new stake in shares of Teradyne during the fourth quarter valued at $302,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.
Insider Buying and Selling
In related news, CEO Gregory Stephen Smith sold 3,080 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 74,660 shares of the company’s stock, valued at $9,705,800. This trade represents a 3.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.18% of the stock is currently owned by corporate insiders.
Teradyne Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, November 25th were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.36%. Teradyne’s dividend payout ratio (DPR) is presently 15.24%.
Teradyne declared that its Board of Directors has authorized a stock repurchase plan on Monday, November 11th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to buy up to 0.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.
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.
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