Teradyne (NYSE:TER) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.46-0.54 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.42. The company issued revenue guidance of $480-510 million, compared to the consensus revenue estimate of $472.24 million.Teradyne also updated its Q4 2018 guidance to $0.46-0.54 EPS.
A number of research firms recently issued reports on TER. Needham & Company LLC raised their target price on shares of Teradyne from $45.00 to $48.00 and gave the company a buy rating in a research note on Thursday, July 26th. ValuEngine upgraded shares of Teradyne from a hold rating to a buy rating in a research note on Monday, July 2nd. Robert W. Baird reiterated a buy rating and issued a $46.00 target price on shares of Teradyne in a research note on Thursday, July 26th. Zacks Investment Research lowered shares of Teradyne from a strong-buy rating to a hold rating in a research note on Friday, October 12th. Finally, DA Davidson raised their target price on shares of Teradyne to $45.00 and gave the company a neutral rating in a research note on Thursday, July 26th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $47.50.
NYSE TER traded down $0.09 during midday trading on Tuesday, hitting $32.20. The company had a trading volume of 4,164,500 shares, compared to its average volume of 2,849,692. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.19 and a quick ratio of 3.89. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 13.76, a P/E/G ratio of 1.19 and a beta of 1.28. Teradyne has a fifty-two week low of $30.81 and a fifty-two week high of $50.68.
Teradyne (NYSE:TER) last posted its quarterly earnings results on Tuesday, July 24th. The semiconductor company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.10. The company had revenue of $527.00 million for the quarter, compared to analyst estimates of $508.52 million. Teradyne had a net margin of 9.29% and a return on equity of 20.82%. The business’s quarterly revenue was down 24.4% on a year-over-year basis. During the same period last year, the business posted $0.90 EPS. As a group, sell-side analysts expect that Teradyne will post 2.09 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 28th. Shareholders of record on Wednesday, September 5th were given a $0.09 dividend. The ex-dividend date was Tuesday, September 4th. This represents a $0.36 annualized dividend and a yield of 1.12%. Teradyne’s dividend payout ratio is 15.38%.
Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.
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