Teradyne, Inc. [NASDAQ: TER] closed the trading session at $96.59. The company report on January 30, 2024 at 5:10 PM that Teradyne Reports Fourth Quarter and Fiscal Year 2023 Results.
Revenue of $671 million in Q4’23, down 8% from Q4’22.
Revenue of $2,676 million in FY 2023, down 15% from FY 2022.
The stocks have a year to date performance of -10.99 percent and weekly performance of -12.72 percent. The stock has been moved at -13.16 percent over the last six months. The stock has performed -10.99 percent around the most recent 30 days and changed 15.73 percent over the most recent 3-months.
If compared to the average trading volume of 1.66M shares, TER reached to a volume of 6217006 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Teradyne, Inc. [TER]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TER shares is $112.99 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TER stock is a recommendation set at 2.11. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Teradyne, Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 23, 2024.
The Average True Range (ATR) for Teradyne, Inc. is set at 3.50, with the Price to Sales ratio for TER stock in the period of the last 12 months amounting to 5.53. The Price to Book ratio for the last quarter was 6.06, with the Price to Cash per share for the same quarter was set at 5.36. Price to Free Cash Flow for TER in the course of the last twelve months was 34.70 with Quick ratio for the last quarter at 2.81.
TER stock trade performance evaluation
Teradyne, Inc. [TER] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.72. With this latest performance, TER shares dropped by -10.99% in over the last four-week period, additionally sinking by -13.16% over the last 6 months – not to mention a drop of -3.57% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TER stock in for the last two-week period is set at 34.53, with the RSI for the last a single of trading hit 25.87, and the three-weeks RSI is set at 40.29 for Teradyne, Inc. [TER]. The present Moving Average for the last 50 days of trading for this stock 101.37, while it was recorded at 104.53 for the last single week of trading, and 100.65 for the last 200 days.
Teradyne, Inc. [TER]: An insightful look at the core fundamentals
Teradyne, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.81 and a Current Ratio set at 3.28.
Earnings per share (EPS) analysis for Teradyne, Inc. [TER] stock
With the latest financial reports released by the company, Teradyne, Inc. posted 0.55/share EPS, while the average EPS was predicted by analysts to be reported at 0.43/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 27.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TER. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Teradyne, Inc. go to 7.68%.
Teradyne, Inc. [TER]: Institutional Ownership
The top three institutional holders of TER stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in TER stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in TER stock with ownership which is approximately 5.8325%.
