Teradyne Inc (NYSE:TER) shares traded -0.27% down during most recent session to reach at the closing price of $37.54. The stock exchanged hands 1.77 Million shares versus average trading capacity of 2.72 Million shares, yielding a market cap of $6.75 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $38.91 within the next 52-weeks. The mean target projections are based on 16 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Teradyne Inc (NYSE:TER) high price target of $43 and with a conservative view have low price target of $34.
Evercore ISI Group “Downgrades” Teradyne Inc (NYSE:TER) in a research note issued to investors on 1/14/19 to In-Line with price target of $0.
Additionally on 12/21/18 Baird “Downgrades” Teradyne Inc (NYSE:TER) to Neutral setting price target at $39 and on 12/17/18 Citigroup “Maintained” the stock to Buy at $41. Furthermore on 11/20/18 Bank of America “Downgrades” the stock to Neutral at $40.
On the other hand the company has Relative Strength Index (RSI 14) of 64.11 along with Average True Range (ATR 14) of 1.26, Consequently Teradyne Inc (NYSE:TER)’s weekly and monthly volatility is 2.36%, 3.19% respectively. The company’s beta value is at 1.41.
In terms of Buy, Sell or Hold recommendations, Teradyne Inc (NYSE:TER) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Teradyne Inc (NYSE:TER)’s minimum EPS for the current quarter is at $0.31 and can go high up to $0.45. The consensus mean EPS for the current quarter is at $0.43 derived from a total of 13 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.45 earnings per share for the same quarter during last year.
Previously Teradyne Inc (NYSE:TER) reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.5 by $0.13. The company posted an earnings surprise of 26%.
Teradyne Inc (NYSE:TER)’s revenue estimates for the current quarter are $467.55 Million according to 13 number of analysts, for the current quarter the company has high revenue estimates of $479.4 Million in contradiction of low revenue estimates of $405 Million. For the current year the company’s revenue estimates are $2.09 Billion compared to low analyst estimates of $2.05 Billion and high estimates of $2.15 Billion according to 13 number of analysts.
Currently Teradyne Inc (NYSE:TER)’s shares owned by insiders are 0.4%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -9%, as well as three-month change in the institutional ownership was recorded 1.36%.
Teradyne Inc (NYSE:TER)’s trailing twelve month revenues are $2.1 Billion, whereas its price to sales ratio for the same period is 3.21. Its book value per share for the most recent quarter is $8.98 while its price to book ratio for the same period is 4.18, as for as the company’s cash per share for the most recent quarter is $6.86, however its price to cash per share ratio for the same period is 5.47. The stock has 5 year expected PEG ratio of 3.19 whereas its trailing twelve month P/E ratio is 18.