Where Does Teradyne Inc. (TER) Rank When It Comes To Price-To-Earnings Ratio?

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Teradyne Inc. (NASDAQ:TER) finished Friday with a subtraction of -$0.14 to close at $87.35, a downside of -0.16 percent. An average of 963,880 shares of common stock have been traded in the last five days. There was a gain of $1.24 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 1,513,155 shares traded, while the 50-day average volume stands at 1,646,260.

TER stock has decreased by -6.53% in the last month. The company shares reached their 1-month lowest point of $83.31 on 12/28/22. With the stock rallying to its 52-week high on 01/13/22, shares of the company touched a low of $67.81 and a high of $167.69 in 52 weeks. It has reached a new high 3 times so far this year and lost -46.58% or -$76.18 in price. In spite of this, the price is down -47.91% from the 52-week high.


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Insider Transactions

TER stock investors should be aware that Teradyne Inc. (TER) stock had its last reported insider trading activity 12 days ago on Dec 19. In this transaction, the insider spent $5,924,275. President, LitePoint Corp., Robbins Brad, disposed of 3,144 shares at a price of $75.84 on Sep 30. The insider now owns more than $238,441 worth of shares. Prior to that, CEO JAGIELA MARK E went on to Sale 37,857 shares at $100.20 each on Jul 29. An amount of $3,793,128 was transacted.

Valuation Metrics

Teradyne Inc. (TER) has a trailing price-to-earnings (P/E) ratio of 19.69. The stock’s beta is 1.53. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.09, the price-to-book (PB) ratio at 6.06, and the price-to-cash flow ratio at 27.12.

The company has a payout ratio of 9.00%. The company’s most recent quarterly dividend payment was $0.11 a share, without any change from last year. Its latest increase dividend $0.01 reported on Wednesday January 26 2022.

Financial Health

The quick ratio of Teradyne Inc. for the three months ended September 29 was 2.60, and the current ratio was 3.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.02 and a total debt to equity ratio of 0.03 for the quarter ending September 29. Its gross profit as reported stood at $2.21 billion compared to revenue of $3.7 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Teradyne Inc.’s return on assets was 21.60%.

Earnings Surprise

In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $183.49 million in the quarter, while revenues of $197.79 million were shrunk -39.91%. The analyst consensus anticipated Teradyne Inc.’s latest quarter earnings to come in at $1.04 per share, but it turned out to be $1.15, a 10.60% surprise. For the quarter, EBITDA amounted to $259.87 million. Shareholders own equity worth $155.76 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Teradyne Inc. (TER) price momentum. RSI 9-day as of the close on 30 December was 45.85%, suggesting the stock is Neutral, with historical volatility in this time frame at 34.25%.

As of today, TER’s price is $86.08 +1.44% or $1.24 from its 5-day moving average. TER is currently trading -5.35% lower than its 20-day SMA and -5.90% lower than its 100-day SMA. However, the stock’s current price level is +19.36% above the SMA50 and -25.18% below the SMA200.

The stochastic %K and %D were 19.28% and 14.16%, respectively, and the average true range (ATR) was 3.17. With the 14-day stochastic at 25.53% and the average true range at 3.26, the RSI (14) stands at 46.89%. The stock has reached -0.58 on the 9-day MACD Oscillator while the 14-day reading was at -2.59.

Analyst Ratings

Craig Hallum upgraded Teradyne Inc. (NASDAQ: TER) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Hold. The consensus rating for Teradyne Inc. (TER) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell TER, while 9 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 10 others rate it as a “buy”.

What is TER’s price target for the next 12 months?

Analysts predict a range of price targets between $84.00 and $120.00, with a median target of $100.00. Taking a look at these predictions, the average price target given by analysts for Teradyne Inc. (TER) stock is $100.88.

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