Analysts predict that Teradyne, Inc. (NYSE:TER) will announce sales of $555.50 million for the current quarter, according to Zacks. Five analysts have made estimates for Teradyne’s earnings. The lowest sales estimate is $554.90 million and the highest is $557.09 million. Teradyne posted sales of $503.38 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 10.4%. The firm is expected to issue its next quarterly earnings results on Wednesday, October 24th.

According to Zacks, analysts expect that Teradyne will report full-year sales of $2.05 billion for the current financial year, with estimates ranging from $2.02 billion to $2.07 billion. For the next financial year, analysts anticipate that the company will post sales of $2.37 billion per share, with estimates ranging from $2.30 billion to $2.41 billion. Zacks’ sales averages are an average based on a survey of research firms that cover Teradyne.

Teradyne (NYSE:TER) last announced its earnings results on Tuesday, July 24th. The semiconductor company reported $0.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.10. Teradyne had a net margin of 9.29% and a return on equity of 20.82%. The company had revenue of $527.00 million for the quarter, compared to analysts’ expectations of $508.52 million. During the same period last year, the firm earned $0.90 earnings per share. The business’s revenue for the quarter was down 24.4% on a year-over-year basis.

A number of brokerages have weighed in on TER. ValuEngine lowered shares of Teradyne from a “buy” rating to a “hold” rating in a research report on Wednesday. Robert W. Baird reissued a “buy” rating and set a $46.00 target price on shares of Teradyne in a research note on Thursday, July 26th. Needham & Company LLC lifted their target price on shares of Teradyne from $45.00 to $48.00 and gave the stock a “buy” rating in a research note on Thursday, July 26th. DA Davidson lifted their price target on shares of Teradyne to $45.00 and gave the company a “neutral” rating in a research note on Thursday, July 26th. Finally, Cowen lifted their price target on shares of Teradyne from $40.00 to $45.00 and gave the company a “market perform” rating in a research note on Thursday, July 26th. Eight equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Teradyne presently has a consensus rating of “Buy” and an average target price of $47.69.

A number of large investors have recently added to or reduced their stakes in TER. Hancock Holding Co. purchased a new stake in shares of Teradyne during the 1st quarter valued at about $980,000. Security Asset Management raised its position in shares of Teradyne by 5.1% during the second quarter. Security Asset Management now owns 41,350 shares of the semiconductor company’s stock valued at $1,574,000 after buying an additional 2,015 shares during the last quarter. Hartford Investment Management Co. bought a new stake in shares of Teradyne during the second quarter valued at approximately $212,000. Gateway Investment Advisers LLC increased its position in Teradyne by 0.9% in the second quarter. Gateway Investment Advisers LLC now owns 228,198 shares of the semiconductor company’s stock worth $8,687,000 after purchasing an additional 2,048 shares during the last quarter. Finally, Swiss National Bank increased its position in Teradyne by 1.3% in the first quarter. Swiss National Bank now owns 341,400 shares of the semiconductor company’s stock worth $15,605,000 after purchasing an additional 4,500 shares during the last quarter. Institutional investors and hedge funds own 94.07% of the company’s stock.

Shares of NYSE TER traded down $0.96 during trading hours on Tuesday, hitting $39.26. 3,744,100 shares of the stock were exchanged, compared to its average volume of 2,973,142. The company has a current ratio of 4.19, a quick ratio of 3.89 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $8.15 billion, a price-to-earnings ratio of 16.78, a P/E/G ratio of 1.72 and a beta of 1.35. Teradyne has a 1-year low of $32.06 and a 1-year high of $50.68.

About Teradyne

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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