Teradyne, Inc. (NYSE:TER) was downgraded by stock analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating in a research note issued on Monday. They currently have a $44.00 price target on the semiconductor company’s stock. Deutsche Bank AG’s price objective suggests a potential downside of 0.05% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Citigroup Inc. increased their price objective on shares of Teradyne from $43.00 to $48.00 and gave the stock a “buy” rating in a research report on Monday, October 30th. Robert W. Baird reissued a “positive” rating and issued a $48.00 price objective (up previously from $37.00) on shares of Teradyne in a research report on Friday, October 27th. KeyCorp reissued a “buy” rating and issued a $47.00 price objective on shares of Teradyne in a research report on Friday, October 27th. Zacks Investment Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating and set a $45.00 price objective for the company in a research report on Friday, October 27th. Finally, Credit Suisse Group increased their price objective on shares of Teradyne from $36.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Three analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $41.00.

Teradyne (NYSE:TER) opened at $44.02 on Monday. Teradyne has a 52-week low of $23.39 and a 52-week high of $44.63. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.67 and a current ratio of 4.96. The company has a market cap of $8,630.00, a P/E ratio of 19.81, a P/E/G ratio of 1.63 and a beta of 1.04.

Teradyne (NYSE:TER) last issued its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.43 by $0.11. Teradyne had a net margin of 21.11% and a return on equity of 22.39%. The firm had revenue of $503.40 million during the quarter, compared to analyst estimates of $472.86 million. During the same quarter in the prior year, the business posted $0.31 earnings per share. Teradyne’s revenue for the quarter was up 22.6% compared to the same quarter last year. equities research analysts expect that Teradyne will post 2.22 EPS for the current fiscal year.

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In other news, Director Edwin J. Gillis sold 41,000 shares of the company’s stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $35.63, for a total value of $1,460,830.00. Following the completion of the transaction, the director now directly owns 49,638 shares in the company, valued at $1,768,601.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Charles Jeffrey Gray sold 8,161 shares of the company’s stock in a transaction on Friday, October 27th. The shares were sold at an average price of $42.25, for a total transaction of $344,802.25. Following the completion of the transaction, the vice president now owns 31,500 shares of the company’s stock, valued at $1,330,875. The disclosure for this sale can be found here. Insiders sold 236,012 shares of company stock valued at $9,495,829 over the last 90 days. Insiders own 0.62% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of TER. Capstone Asset Management Co. boosted its stake in Teradyne by 7.5% during the 2nd quarter. Capstone Asset Management Co. now owns 16,793 shares of the semiconductor company’s stock valued at $504,000 after acquiring an additional 1,170 shares during the last quarter. NN Investment Partners Holdings N.V. bought a new position in Teradyne during the 2nd quarter valued at $512,000. Oregon Public Employees Retirement Fund boosted its stake in Teradyne by 4.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 74,121 shares of the semiconductor company’s stock valued at $2,226,000 after acquiring an additional 3,093 shares during the last quarter. Aperio Group LLC boosted its stake in Teradyne by 10.4% during the 2nd quarter. Aperio Group LLC now owns 50,126 shares of the semiconductor company’s stock valued at $1,505,000 after acquiring an additional 4,707 shares during the last quarter. Finally, State Treasurer State of Michigan boosted its stake in Teradyne by 0.7% during the 2nd quarter. State Treasurer State of Michigan now owns 82,000 shares of the semiconductor company’s stock valued at $2,462,000 after acquiring an additional 600 shares during the last quarter. Hedge funds and other institutional investors own 97.17% of the company’s stock.

About Teradyne

Teradyne, 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.

Analyst Recommendations for Teradyne (NYSE:TER)

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