The stock price of Teradyne, Inc. (NASDAQ: TER) has surged by 5.49 when compared to previous closing price of 146.42, but the company has seen a -3.15% decline in its stock price over the last five trading sessions. investorplace.com reported 2024-07-22 that Robotics stocks are a good investment as the industry is rapidly progressing. Robotics stocks have great potential to increase their revenues in the future due to the increased usage of robots in different industries due to technological developments.
Is It Worth Investing in Teradyne, Inc. (NASDAQ: TER) Right Now?
Teradyne, Inc. (NASDAQ: TER) has a higher price-to-earnings ratio of 58.79x compared to its average ratio. TER has 36-month beta value of 1.50. 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.”
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The public float for TER is 153.66M, and currently, short sellers hold a 3.57% ratio of that float. The average trading volume of TER on July 23, 2024 was 2.28M shares.
TER’s Market Performance
The stock of Teradyne, Inc. (TER) has seen a -3.15% decrease in the past week, with a 4.40% rise in the past month, and a 60.95% gain in the past quarter. The volatility ratio for the week is 3.79%, and the volatility levels for the past 30 days are at 2.93% for TER. The simple moving average for the last 20 days is 1.84% for TER stock, with a simple moving average of 38.02% for the last 200 days.
Analysts’ Opinion of TER
Goldman, on the other hand, stated in their research note that they expect to see TER reach a price target of $161, previously predicting the price at $118. The rating they have provided for TER stocks is “Buy” according to the report published on May 20th, 2024.
Evercore ISI gave a rating of “Outperform” to TER, setting the target price at $130 in the report published on April 16th of the current year.
TER Trading at 7.17% 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 -5.36% of loss for the given period.
Volatility was left at 2.93%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares surge +4.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.26% upper at present.
During the last 5 trading sessions, TER fell by -3.15%, which changed the moving average for the period of 200-days by +56.72% in comparison to the 20-day moving average, which settled at $151.96. In addition, Teradyne, Inc. saw 42.33% 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 JOHNSON MERCEDES, who sale 625 shares at the price of $148.00 back on Jul 01 ’24. After this action, JOHNSON MERCEDES now owns 17,768 shares of Teradyne, Inc., valued at $92,500 using the latest closing price.
JOHNSON MERCEDES, the Director of Teradyne, Inc., sale 625 shares at $143.84 during a trade that took place back on Jun 03 ’24, which means that JOHNSON MERCEDES is holding 18,393 shares at $89,900 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 144.5.
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 8.85. 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
To put it simply, Teradyne, Inc. (TER) has had a better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
