Brokerages predict that Teradyne, Inc. (NYSE:TER) will post earnings of $1.02 per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Teradyne’s earnings. The lowest EPS estimate is $0.98 and the highest is $1.10. Teradyne posted earnings of $0.66 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 54.5%. The business is expected to issue its next quarterly earnings report on Tuesday, July 28th.

According to Zacks, analysts expect that Teradyne will report full-year earnings of $3.08 per share for the current year, with EPS estimates ranging from $2.72 to $3.32. For the next fiscal year, analysts anticipate that the company will post earnings of $3.54 per share, with EPS estimates ranging from $3.25 to $3.75. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that that provide coverage for Teradyne.

Teradyne (NYSE:TER) last issued its quarterly earnings results on Tuesday, April 21st. The semiconductor company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.12. The company had revenue of $704.36 million during the quarter, compared to analyst estimates of $678.01 million. Teradyne had a net margin of 9.81% and a return on equity of 23.50%. The business’s revenue for the quarter was up 42.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.54 EPS.

A number of brokerages have recently weighed in on TER. Northland Securities assumed coverage on shares of Teradyne in a research note on Tuesday, April 21st. They issued a “buy” rating and a $60.00 price target for the company. UBS Group lowered shares of Teradyne from a “neutral” rating to a “sell” rating and cut their target price for the company from $58.00 to $52.00 in a research note on Thursday, April 23rd. Susquehanna Bancshares reissued a “sell” rating and set a $48.00 target price on shares of Teradyne in a research note on Friday, June 26th. Zacks Investment Research lowered shares of Teradyne from a “buy” rating to a “hold” rating and set a $71.00 target price for the company. in a research note on Thursday, May 28th. Finally, Deutsche Bank reissued a “buy” rating and set a $85.00 target price (up from $72.00) on shares of Teradyne in a research note on Thursday, June 18th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $71.07.

In other Teradyne news, CEO Mark E. Jagiela sold 30,976 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $60.62, for a total value of $1,877,765.12. Following the completion of the sale, the chief executive officer now directly owns 441,437 shares of the company’s stock, valued at approximately $26,759,910.94. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Edwin J. Gillis sold 25,000 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $63.09, for a total transaction of $1,577,250.00. Following the completion of the sale, the director now directly owns 34,418 shares of the company’s stock, valued at $2,171,431.62. The disclosure for this sale can be found here. Company insiders own 0.49% of the company’s stock.

A number of institutional investors have recently modified their holdings of TER. CWM LLC boosted its holdings in Teradyne by 233.9% in the 1st quarter. CWM LLC now owns 571 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 400 shares during the period. Archer Investment Corp acquired a new stake in shares of Teradyne during the 4th quarter worth about $33,000. Flagship Harbor Advisors LLC increased its position in Teradyne by 51.7% in the 1st quarter. Flagship Harbor Advisors LLC now owns 678 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 231 shares in the last quarter. Exchange Traded Concepts LLC increased its position in Teradyne by 1,126.2% in the 1st quarter. Exchange Traded Concepts LLC now owns 748 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 687 shares in the last quarter. Finally, Carroll Financial Associates Inc. acquired a new stake in Teradyne in the 1st quarter valued at about $44,000.

Shares of NYSE:TER traded up $1.67 during trading on Monday, reaching $84.58. The company had a trading volume of 1,609,700 shares, compared to its average volume of 2,434,787. The firm’s fifty day moving average is $72.72 and its 200 day moving average is $65.78. The firm has a market capitalization of $14.56 billion, a PE ratio of 37.66, a price-to-earnings-growth ratio of 2.02 and a beta of 1.25. Teradyne has a twelve month low of $42.87 and a twelve month high of $89.58. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.76 and a current ratio of 4.10.

The company also recently announced a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Wednesday, May 27th were paid a $0.10 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $0.40 dividend on an annualized basis and a yield of 0.47%. Teradyne’s payout ratio is presently 17.09%.

Teradyne Company Profile

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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