Wall Street analysts predict that Teradyne, Inc. (NYSE:TER) will post sales of $749.44 million for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Teradyne’s earnings, with the lowest sales estimate coming in at $728.60 million and the highest estimate coming in at $759.78 million. Teradyne posted sales of $564.18 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 32.8%. The firm is scheduled to issue its next earnings results on Tuesday, July 28th.

On average, analysts expect that Teradyne will report full year sales of $2.60 billion for the current year, with estimates ranging from $2.46 billion to $2.65 billion. For the next year, analysts forecast that the company will report sales of $2.75 billion, with estimates ranging from $2.64 billion to $2.81 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Teradyne.

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

TER has been the subject of several research analyst reports. Cfra decreased their target price on Teradyne from $80.00 to $68.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Susquehanna Bancshares reiterated a “sell” rating and set a $48.00 price target on shares of Teradyne in a research note on Friday, June 26th. Stifel Nicolaus cut their price target on Teradyne from $68.00 to $62.00 and set a “hold” rating for the company in a research note on Wednesday, April 15th. Bank of America reiterated a “hold” rating and set a $66.00 price target on shares of Teradyne in a research note on Wednesday, March 11th. Finally, Zacks Investment Research downgraded Teradyne from a “buy” rating to a “hold” rating and set a $71.00 price target for the company. in a research note on Thursday, May 28th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. Teradyne has a consensus rating of “Hold” and an average price target of $71.07.

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

Institutional investors have recently made changes to their positions in the business. CWM LLC grew its position in shares of Teradyne by 233.9% in the 1st quarter. CWM LLC now owns 571 shares of the semiconductor company’s stock worth $31,000 after buying an additional 400 shares during the last quarter. Archer Investment Corp bought a new stake in Teradyne in the fourth quarter worth $33,000. Flagship Harbor Advisors LLC boosted its holdings in Teradyne by 51.7% in the first quarter. Flagship Harbor Advisors LLC now owns 678 shares of the semiconductor company’s stock worth $37,000 after acquiring an additional 231 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Teradyne by 1,126.2% in the first quarter. Exchange Traded Concepts LLC now owns 748 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 687 shares during the last quarter. Finally, Carroll Financial Associates Inc. purchased a new position in shares of Teradyne in the first quarter worth $44,000.

Shares of Teradyne stock traded up $1.67 during trading hours on Wednesday, hitting $84.58. 1,609,700 shares of the company’s stock traded hands, compared to its average volume of 2,434,787. Teradyne has a 12-month low of $42.87 and a 12-month high of $89.58. The stock has a market capitalization of $14.56 billion, a price-to-earnings ratio of 37.66, a PEG ratio of 2.02 and a beta of 1.25. The company has a fifty day simple moving average of $72.72 and a 200-day simple moving average of $65.78. The company has a debt-to-equity ratio of 0.23, a current ratio of 4.10 and a quick ratio of 3.76.

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

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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