The stock of Teradyne, Inc. (TER) has gone down by -6.38% for the week, with a -12.28% drop in the past month and a -11.20% drop in the past quarter. The volatility ratio for the week is 3.15%, and the volatility levels for the past 30 days are 2.69% for TER. The simple moving average for the past 20 days is -8.88% for TER’s stock, with a -3.93% simple moving average for the past 200 days.
Is It Worth Investing in Teradyne, Inc. (NASDAQ: TER) Right Now?
Teradyne, Inc. (NASDAQ: TER) has a higher price-to-earnings ratio of 35.76x compared to its average ratio. TER has 36-month beta value of 1.56. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for TER is 152.30M, and currently, short sellers hold a 3.70% ratio of that float. The average trading volume of TER on April 23, 2024 was 1.83M shares.
TER) stock’s latest price update
Teradyne, Inc. (NASDAQ: TER)’s stock price has soared by 1.87 in relation to previous closing price of 95.97. Nevertheless, the company has seen a loss of -6.38% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-22 that Teradyne’s (TER) first-quarter 2024 top line is likely to have benefited from its robust and diversified portfolio despite the weak Robotics and HDD market.
Analysts’ Opinion of TER
Many brokerage firms have already submitted their reports for TER stocks, with Evercore ISI repeating the rating for TER by listing it as a “Outperform.” The predicted price for TER in the upcoming period, according to Evercore ISI is $130 based on the research report published on April 16, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see TER reach a price target of $100, previously predicting the price at $90. The rating they have provided for TER stocks is “Neutral” according to the report published on February 15th, 2024.
Cantor Fitzgerald gave a rating of “Neutral” to TER, setting the target price at $110 in the report published on January 23rd of the current year.
TER Trading at -6.96% 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 -17.99% of loss for the given period.
Volatility was left at 2.69%, however, over the last 30 days, the volatility rate increased by 3.15%, as shares sank -11.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.72% lower at present.
During the last 5 trading sessions, TER fell by -6.38%, which changed the moving average for the period of 200-days by -8.68% in comparison to the 20-day moving average, which settled at $106.63. In addition, Teradyne, Inc. saw -9.92% in overturn over a single year, with a tendency to cut further losses.
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 5.35. 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
To put it simply, Teradyne, Inc. (TER) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
