Does Teradyne, Inc (TER) offer a good opportunity for investors?

With 3.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.38 million shares. During the session, the Semiconductor Equipment & Materials company that operates in wider Technology sector, reached to the highest price of $144.16 whereas the lowest price it dropped to was $137.38. The 52-week range on TER shows that it touched its highest point at $163.21 and its lowest point at $92.29 during that stretch. It currently has a 1-year price target of $141.47. With its current market cap of 22.61 billion, TER has annualized dividend of $0.48 while the current yield stands at 0.35%. Beta for the stock currently stands at 1.46.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TER was up-trending over the past week, with a rise of 9.57%, but this was up by 22.07% over a month. Three-month performance surged to 7.19% while six-month performance fell -9.55%. The stock gained 35.08% in the past year, while it has gained 10.24% so far this year. A look at the trailing 12-month EPS for TER yields 3.14 with Next year EPS estimates of 4.24. For the next quarter, that number is 0.91. This implies an EPS growth rate of 8.35% for this year and 33.43% for next year. EPS is expected to grow by 17.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.09%.

Float and Shares Shorts:

At present, 162.96 million TER shares are outstanding with a float of 158.49 million shares on hand for trading. On 2024-12-13, short shares totaled 5.61 million, which was 344.0 higher than short shares on 1731628800. In addition to Mr. Gregory S. Smith as the firm’s President, CEO & Director, Mr. Sanjay Mehta serves as its CFO, VP & Treasurer.

Institutional Ownership:

Through their ownership of 1.0124199 of TER’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-29, TER reported revenue of $737298000.0 and operating income of $156643000.0. The EBITDA in the recently reported quarter was $194659000.0 and diluted EPS was $0.89.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TER since 13 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TER analysts setting a high price target of 180.0 and a low target of 111.0, the average target price over the next 12 months is 139.06833. Based on these targets, TER could surge 29.66% to reach the target high and fall by -20.04% to reach the target low. Reaching the average price target will result in a growth of 0.18% from current levels.

Analysts have provided yearly estimates in a range of $3.20463 being high and $3.14455 being low. For TER, this leads to a yearly average estimate of $3.17459.