Teradyne, Inc. (TER) Shares Plummet Below 1-Year High

The stock of Teradyne, Inc. (NASDAQ: TER) has decreased by -0.47 when compared to last closing price of 110.14. Despite this, the company has experienced a 1.37% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-27 that With the equities market continuing to march higher, now may be an ideal time to consider sleeper stocks. Essentially, these are companies that attract little interest among investors.

Is It Worth Investing in Teradyne, Inc. (NASDAQ: TER) Right Now?

The price-to-earnings ratio for Teradyne, Inc. (NASDAQ: TER) is above average at 40.10x, Company’s 36-month beta value is 1.53.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 0 as “sell.”

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The public float for TER is 152.31M, and currently, short sellers hold a 3.56% ratio of that floaft. The average trading volume of TER on April 03, 2024 was 1.78M shares.

TER’s Market Performance

The stock of Teradyne, Inc. (TER) has seen a 1.37% increase in the past week, with a 3.58% rise in the past month, and a 4.63% gain in the past quarter. The volatility ratio for the week is 2.27%, and the volatility levels for the past 30 days are at 2.57% for TER. The simple moving average for the last 20 days is 1.80% for TER stock, with a simple moving average of 7.50% for the last 200 days.

Analysts’ Opinion of TER

Many brokerage firms have already submitted their reports for TER stocks, with JP Morgan repeating the rating for TER by listing it as a “Neutral.” The predicted price for TER in the upcoming period, according to JP Morgan is $100 based on the research report published on February 15, 2024 of the current year 2024.

Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see TER reach a price target of $110. The rating they have provided for TER stocks is “Neutral” according to the report published on January 23rd, 2024.

BofA Securities gave a rating of “Underperform” to TER, setting the target price at $100 in the report published on December 15th of the previous year.

TER Trading at 4.98% from the 50-Day Moving Average

After a stumble in the market that brought TER to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.04% of loss for the given period.

Volatility was left at 2.57%, however, over the last 30 days, the volatility rate increased by 2.27%, as shares surge +6.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.12% upper at present.

During the last 5 trading sessions, TER rose by +1.92%, which changed the moving average for the period of 200-days by +0.12% in comparison to the 20-day moving average, which settled at $108.01. In addition, Teradyne, Inc. saw 1.01% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TER starting from MATZ MARILYN, who purchase 13 shares at the price of $106.04 back on Mar 15 ’24. After this action, MATZ MARILYN now owns 14,326 shares of Teradyne, Inc., valued at $1,414 using the latest closing price.

MADDOCK ERNEST E, the Director of Teradyne, Inc., purchase 1,000 shares at $94.07 during a trade that took place back on Feb 01 ’24, which means that MADDOCK ERNEST E is holding 4,728 shares at $94,070 based on the most recent closing price.

Stock Fundamentals for TER

Current profitability levels for the company are sitting at:

  • 0.19 for the present operating margin
  • 0.57 for the gross margin

The net margin for Teradyne, Inc. stands at 0.17. The total capital return value is set at 0.18. Equity return is now at value 18.03, with 12.84 for asset returns.

Based on Teradyne, Inc. (TER), the company’s capital structure generated 0.96 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at 25.78. The interest coverage ratio of the stock is -0.03.

Currently, EBITDA for the company is 633.46 million with net debt to EBITDA at -1.08. When we switch over and look at the enterprise to sales, we see a ratio of 6.03. The receivables turnover for the company is 6.33for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.28.

Conclusion

In a nutshell, Teradyne, Inc. (TER) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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