The price-to-earnings ratio for Teradyne, Inc. (NASDAQ: TER) is above average at 46.09x, Company’s 36-month beta value is 1.48.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.”
The public float for TER is 155.42M, and currently, short sellers hold a 3.36% ratio of that floaft. The average trading volume of TER on May 08, 2024 was 1.98M shares.
TER) stock’s latest price update
Teradyne, Inc. (NASDAQ: TER)’s stock price has plunge by -0.71relation to previous closing price of 121.95. Nevertheless, the company has seen a 4.10% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-06 that While the top- and bottom-line numbers for Teradyne (TER) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
TER’s Market Performance
Teradyne, Inc. (TER) has experienced a 4.10% rise in stock performance for the past week, with a 12.31% rise in the past month, and a 23.88% rise in the past quarter. The volatility ratio for the week is 2.89%, and the volatility levels for the past 30 days are at 3.23% for TER. The simple moving average for the past 20 days is 11.60% for TER’s stock, with a 19.01% simple moving average for the past 200 days.
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 12.71% 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 -0.97% of loss for the given period.
Volatility was left at 3.23%, however, over the last 30 days, the volatility rate increased by 2.89%, as shares surge +8.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.54% upper at present.
During the last 5 trading sessions, TER rose by +4.10%, which changed the moving average for the period of 200-days by +5.25% in comparison to the 20-day moving average, which settled at $108.99. In addition, Teradyne, Inc. saw 11.58% 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 Mehta Sanjay, who sale 3,750 shares at the price of $120.06 back on May 03 ’24. After this action, Mehta Sanjay now owns 41,902 shares of Teradyne, Inc., valued at $450,225 using the latest closing price.
MATZ MARILYN, the Director of Teradyne, Inc., purchase 13 shares at $106.04 during a trade that took place back on Mar 15 ’24, which means that MATZ MARILYN is holding 14,326 shares at $1,414 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 0.16. The total capital return value is set at 0.18. Equity return is now at value 17.15, with 12.64 for asset returns.
Based on Teradyne, Inc. (TER), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 6.91. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -0.05.
Currently, EBITDA for the company is 633.46 million with net debt to EBITDA at -1.04. When we switch over and look at the enterprise to sales, we see a ratio of 6.74. The receivables turnover for the company is 6.22for trailing twelve months and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.73.
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.
