Teradyne (NASDAQ:TER) Announces Earnings Results

Teradyne (NASDAQ:TER) announced its quarterly earnings data on Wednesday. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04, Zacks reports. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. Teradyne updated its Q1 2025 guidance to 0.580-0.680 EPS.

Teradyne Stock Up 0.1 %

Shares of NASDAQ:TER traded up $0.11 during midday trading on Wednesday, reaching $122.05. The company had a trading volume of 2,737,732 shares, compared to its average volume of 2,530,008. The business’s 50 day moving average price is $124.65 and its 200 day moving average price is $125.74. Teradyne has a 1-year low of $92.29 and a 1-year high of $163.21. The stock has a market cap of $19.88 billion, a PE ratio of 38.75, a P/E/G ratio of 2.25 and a beta of 1.46.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.39%. The ex-dividend date is Friday, February 14th. Teradyne’s payout ratio is 15.24%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TER. Susquehanna lifted their price target on shares of Teradyne from $145.00 to $165.00 and gave the stock a “positive” rating in a research report on Wednesday, January 22nd. Northland Capmk upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. JPMorgan Chase & Co. upgraded Teradyne from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $145.00 to $158.00 in a research report on Monday, December 16th. Stifel Nicolaus dropped their price objective on Teradyne from $140.00 to $125.00 and set a “hold” rating for the company in a report on Friday, October 25th. Finally, Morgan Stanley cut Teradyne from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $121.00 to $117.00 in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $149.31.

Teradyne declared that its Board of Directors has authorized a stock buyback plan on Monday, November 11th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to buy up to 0.6% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Teradyne

In other 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 sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.36% of the company’s stock.

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.