Teradyne, Inc (NASDAQ: TER)’s stock price has dropped by -0.44 in relation to previous closing price of 108.81. Nevertheless, the company has seen a gain of 2.73% in its stock price over the last five trading days. businesswire.com reported 2024-11-11 that NORTH READING, Mass.–(BUSINESS WIRE)–Teradyne, Inc. (NASDAQ:TER) today announced a quarterly cash dividend of $0.12 per share, payable on December 18, 2024, to shareholders of record as of the close of business on November 25, 2024. Teradyne also plans to repurchase up to an additional $100 million of its common stock in the remainder of 2024 as part of its previously announced $2 billion share repurchase program. This is an increase from its previously announced intention to repurchase commo.
Is It Worth Investing in Teradyne, Inc (NASDAQ: TER) Right Now?
The price-to-earnings ratio for Teradyne, Inc (NASDAQ: TER) is 34.46x, which is above its average ratio. Moreover, the 36-month beta value for TER is 1.51. Analysts have varying 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 160.04M and currently, short sellers hold a 2.51% of that float. On November 13, 2024, TER’s average trading volume was 1.92M shares.
TER’s Market Performance
The stock of Teradyne, Inc (TER) has seen a 2.73% increase in the past week, with a -18.94% drop in the past month, and a -13.51% fall in the past quarter. The volatility ratio for the week is 2.41%, and the volatility levels for the past 30 days are at 2.87% for TER. The simple moving average for the last 20 days is -5.12% for TER’s stock, with a simple moving average of -12.24% for the last 200 days.
Analysts’ Opinion of TER
Many brokerage firms have already submitted their reports for TER stocks, with Cantor Fitzgerald repeating the rating for TER by listing it as a “Overweight.” The predicted price for TER in the upcoming period, according to Cantor Fitzgerald is $16 based on the research report published on August 16, 2024 of the current year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see TER reach a price target of $124. The rating they have provided for TER stocks is “Hold” according to the report published on July 26th, 2024.
TER Trading at -12.29% 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 -33.62% of loss for the given period.
Volatility was left at 2.87%, however, over the last 30 days, the volatility rate increased by 2.41%, as shares sank -14.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.02% lower at present.
During the last 5 trading sessions, TER rose by +2.73%, which changed the moving average for the period of 200-days by +2.13% in comparison to the 20-day moving average, which settled at $114.18. In addition, Teradyne, Inc saw -0.18% 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 JOHNSON MERCEDES, who sale 625 shares at the price of $111.42 back on Nov 07 ’24. After this action, JOHNSON MERCEDES now owns 15,268 shares of Teradyne, Inc, valued at $69,638 using the latest closing price.
JOHNSON MERCEDES, the Director of Teradyne, Inc, proposed sale 625 shares at $111.42 during a trade that took place back on Nov 07 ’24, which means that JOHNSON MERCEDES is holding shares at $69,638 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
- 0.58 for the gross margin
The net margin for Teradyne, Inc stands at 0.19. The total capital return value is set at 0.16. Equity return is now at value 19.21, with 14.37 for asset returns.
Based on Teradyne, Inc (TER), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 8.03. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -132.08.
Currently, EBITDA for the company is 640.5 million with net debt to EBITDA at -0.67. When we switch over and look at the enterprise to sales, we see a ratio of 6.29. The receivables turnover for the company is 5.65for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.09.
Conclusion
To wrap up, the performance of Teradyne, Inc (TER) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.