$0.50 EPS Expected for Teradyne, Inc. (TER) This Quarter

Equities research analysts expect Teradyne, Inc. (NYSE:TER) to report earnings per share of $0.50 for the current quarter, Zacks reports. Five analysts have made estimates for Teradyne’s earnings. Teradyne posted earnings of $0.46 per share during the same quarter last year, which indicates a positive year over year growth rate of 8.7%. The business is expected to report its next quarterly earnings report on Wednesday, January 23rd.

According to Zacks, analysts expect that Teradyne will report full-year earnings of $2.25 per share for the current year, with EPS estimates ranging from $2.24 to $2.26. For the next financial year, analysts forecast that the firm will report earnings of $2.54 per share, with EPS estimates ranging from $2.40 to $2.80. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Teradyne.

Teradyne (NYSE:TER) last issued its quarterly earnings results on Tuesday, October 23rd. The semiconductor company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.63 by $0.08. Teradyne had a net margin of 9.81% and a return on equity of 23.50%. The firm had revenue of $566.90 million for the quarter, compared to analysts’ expectations of $556.87 million. During the same period in the previous year, the business earned $0.54 earnings per share. Teradyne’s revenue for the quarter was up 12.6% compared to the same quarter last year.

A number of research analysts recently commented on TER shares. Cowen set a $36.00 target price on Teradyne and gave the company a “hold” rating in a research note on Wednesday, October 24th. Craig Hallum upgraded Teradyne from a “hold” rating to a “buy” rating in a research note on Thursday, October 25th. ValuEngine downgraded Teradyne from a “buy” rating to a “hold” rating in a research note on Wednesday, August 15th. Robert W. Baird restated a “buy” rating and issued a $46.00 price target on shares of Teradyne in a research note on Thursday, July 26th. Finally, Credit Suisse Group decreased their price target on Teradyne from $39.00 to $34.00 and set a “neutral” rating for the company in a research note on Thursday, October 25th. One research 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. Teradyne currently has a consensus rating of “Hold” and a consensus target price of $45.36.

A number of hedge funds have recently bought and sold shares of the business. Daiwa Securities Group Inc. grew its stake in shares of Teradyne by 2.0% in the second quarter. Daiwa Securities Group Inc. now owns 61,330 shares of the semiconductor company’s stock worth $2,335,000 after purchasing an additional 1,208 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Teradyne by 1.7% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 75,878 shares of the semiconductor company’s stock valued at $2,889,000 after acquiring an additional 1,245 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Teradyne by 10.1% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 15,492 shares of the semiconductor company’s stock valued at $573,000 after acquiring an additional 1,424 shares in the last quarter. LSV Asset Management grew its stake in Teradyne by 0.3% during the 3rd quarter. LSV Asset Management now owns 626,397 shares of the semiconductor company’s stock valued at $23,164,000 after acquiring an additional 1,597 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its stake in Teradyne by 0.3% during the 3rd quarter. Canada Pension Plan Investment Board now owns 598,601 shares of the semiconductor company’s stock valued at $22,136,000 after acquiring an additional 1,600 shares in the last quarter. Hedge funds and other institutional investors own 96.83% of the company’s stock.

Teradyne stock traded down $0.09 during midday trading on Tuesday, hitting $36.41. The company’s stock had a trading volume of 1,644,770 shares, compared to its average volume of 3,247,394. The company has a current ratio of 4.10, a quick ratio of 3.76 and a debt-to-equity ratio of 0.23. Teradyne has a 12 month low of $30.22 and a 12 month high of $50.68. The stock has a market cap of $6.53 billion, a PE ratio of 15.56, a price-to-earnings-growth ratio of 1.82 and a beta of 1.25.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 21st. Shareholders of record on Wednesday, November 28th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, November 27th. This represents a $0.36 dividend on an annualized basis and a yield of 0.99%. Teradyne’s dividend payout ratio is 15.38%.

Teradyne Company Profile

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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Earnings History and Estimates for Teradyne (NYSE:TER)

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