Teradyne (NYSE:TER) announced its earnings results on Wednesday. The semiconductor company reported $0.63 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.13, RTT News reports. Teradyne had a return on equity of 23.50% and a net margin of 9.81%. The company had revenue of $520.00 million during the quarter, compared to analyst estimates of $494.17 million. During the same period last year, the company posted $0.46 earnings per share. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. Teradyne updated its Q1 2019 guidance to $0.39-0.47 EPS and its Q1 guidance to $0.39-0.47 EPS.

TER stock traded up $0.13 during midday trading on Wednesday, reaching $31.93. The stock had a trading volume of 4,395,119 shares, compared to its average volume of 2,564,802. The company has a quick ratio of 3.76, a current ratio of 4.10 and a debt-to-equity ratio of 0.23. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 13.65, a PEG ratio of 2.02 and a beta of 1.25. Teradyne has a twelve month low of $28.73 and a twelve month high of $50.68.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 22nd. Investors of record on Friday, February 22nd will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.13%. Teradyne’s payout ratio is 15.38%.

A number of analysts have recently weighed in on TER shares. Cowen set a $36.00 target price on Teradyne and gave the company a “hold” rating in a research note on Wednesday, October 24th. Craig Hallum upgraded Teradyne from a “hold” rating to a “buy” rating in a research report on Thursday, October 25th. Bank of America lowered Teradyne from a “buy” rating to a “neutral” rating and set a $40.00 price objective for the company. in a research report on Monday, November 26th. Robert W. Baird lowered their price objective on Teradyne from $46.00 to $44.00 and set an “outperform” rating for the company in a research report on Wednesday, October 10th. Finally, Credit Suisse Group lowered their price objective on Teradyne from $39.00 to $34.00 and set a “neutral” rating for the company in a research report on Thursday, October 25th. Ten analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $40.31.

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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 for Teradyne (NYSE:TER)

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