Media stories about Teradyne (NYSE:TER) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Teradyne earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 46.3782480156826 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment’s analysis:
TER has been the subject of a number of research analyst reports. KeyCorp reissued a “buy” rating and set a $47.00 price target on shares of Teradyne in a research note on Friday, October 27th. Citigroup lifted their target price on Teradyne from $43.00 to $48.00 and gave the company a “buy” rating in a research report on Monday, October 30th. Zacks Investment Research raised Teradyne from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research report on Tuesday, November 28th. Goldman Sachs Group upgraded Teradyne from a “neutral” rating to a “buy” rating in a report on Tuesday, December 12th. Finally, Stifel Nicolaus lifted their price target on Teradyne from $46.00 to $54.00 and gave the company a “buy” rating in a report on Wednesday, January 24th. Three investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Teradyne currently has a consensus rating of “Buy” and an average price target of $48.00.
Shares of Teradyne (NYSE TER) traded down $0.79 during mid-day trading on Friday, hitting $45.07. The stock had a trading volume of 526,414 shares, compared to its average volume of 2,560,000. The firm has a market cap of $8,840.00, a PE ratio of 35.77, a PEG ratio of 1.55 and a beta of 1.13. The company has a current ratio of 5.00, a quick ratio of 4.76 and a debt-to-equity ratio of 0.19. Teradyne has a fifty-two week low of $28.23 and a fifty-two week high of $48.53.
Teradyne (NYSE:TER) last issued its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.12. The business had revenue of $479.00 million during the quarter, compared to analysts’ expectations of $438.85 million. Teradyne had a return on equity of 23.37% and a net margin of 12.06%. The company’s revenue for the quarter was up 26.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 EPS. research analysts expect that Teradyne will post 2.47 EPS for the current year.
Teradyne declared that its board has authorized a share repurchase program on Wednesday, January 24th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the semiconductor company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, February 23rd will be issued a $0.09 dividend. This is a boost from Teradyne’s previous quarterly dividend of $0.07. The ex-dividend date is Thursday, February 22nd. This represents a $0.36 dividend on an annualized basis and a yield of 0.80%. Teradyne’s dividend payout ratio is presently 22.22%.
In related news, VP Charles Jeffrey Gray sold 32,238 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $46.31, for a total value of $1,492,941.78. Following the completion of the transaction, the vice president now owns 37,057 shares of the company’s stock, valued at approximately $1,716,109.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark E. Jagiela sold 80,000 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $43.55, for a total value of $3,484,000.00. The disclosure for this sale can be found here. Insiders sold a total of 208,578 shares of company stock valued at $9,408,923 in the last ninety days. 0.62% of the stock is currently owned by insiders.
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Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.
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