Analysts and investors alike will be keeping a close eye on the performance of Teradyne in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.76, marking a 3.8% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $703.04 million, indicating a 2.72% growth compared to the corresponding quarter of the prior year. Teradyne (TER) closed the most recent trading day at $153.48, moving -0.45% ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Teradyne (TER) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question. Teradyne is one of 617 companies in the Computer ...

In the latest market close, Teradyne (TER) reached $147.57, with a +0.48% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.09%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.3%. Analysts and investors alike will be keeping a close eye on the performance of Teradyne in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.76, showcasing a 3.8% downward movement from the corresponding quarter of the prior year. At ...

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Therefore, the Zacks rating upgrade for Teradyne basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as reflected in e ...

For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.04 per share and a revenue of $2.77 billion, signifying shifts of +3.75% and +3.37%, respectively, from the last year. Meanwhile, TER's PEG ratio is currently 2.79. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Electronics - Testing Equipment industry currently had an average PEG ratio of 2.7 as of yesterday's close. Coming into toda ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Teradyne (TER) . Teradyne currently has an average brokerage recommendation (ABR) of 1.69, on ...

Teradyne (TER) ended the recent trading session at $143.23, demonstrating a -1.49% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.02%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq lost 0.09%. For the full year, the Zacks Consensus Estimates project earnings of $3.04 per share and a revenue of $2.77 billion, demonstrating changes of +3.75% and +3.37%, respectively, from the preceding year. The Zacks Rank system, which ranges ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Monty Rakusen Summary Following my coverage on Teradyne (NASDAQ:TER) in Nov’23, which I recommended a hold rating as I was not sure when TER would start to print positive growth. This post is to provide an update on my thoughts on the business and stock. I upgraded my rating from hold to buy as the outlook for a recovery is much more clear in 1Q24. Specifically, management has put out very encouraging 2Q24 guidance, and I have turned more bullish on the underlying AI tailwind impact on TER. Investment t ...

Investment Rating - The report maintains a positive outlook for the company, with expectations for revenue growth in the low single digits for the year [2][58]. Core Insights - The company reported Q1 2024 revenue of $600 million, exceeding guidance, driven by strong demand in memory and SoC testing due to AI applications [2][58]. - The semiconductor testing market's total addressable market (TAM) for computing is now estimated at $1.5 billion, up from $1.4 billion, while the memory test TAM is revised to $1.2 billion to $1.3 billion, driven by strong HBM demand [2][58]. - The company expects Q2 2024 revenue to be between $665 million and $725 million, with a non-GAAP gross margin of 57% to 58% [2][58]. Summary by Sections Overall Performance - Q1 2024 revenue was $600 million, down 8.33% year-over-year and 4.69% quarter-over-quarter, but above the guidance range [2][47]. - Non-GAAP gross margin was 56.6%, a decrease of 1.1 percentage points year-over-year but stable quarter-over-quarter [2][48]. - Net profit for Q1 2024 was $64 million, reflecting a year-over-year decline of 23.11% and a quarter-over-quarter decline of 45.18% [2][49]. Downstream Analysis - Semiconductor testing market revenue was $412 million, down 1% year-over-year and 4.4% quarter-over-quarter, with demand in MCU and industrial markets being weak [2][33]. - System testing market revenue was $75 million, flat year-over-year but down 12.8% quarter-over-quarter, primarily due to weak SLT/mobile demand [2][34]. - Wireless testing market revenue was $25 million, down 36% year-over-year, reflecting a decline in demand from PCs and smartphones [2][35]. - Industrial automation market revenue was $88 million, down 2% year-over-year but up 31.8% quarter-over-quarter, with MiR sales increasing by 16% [2][36]. Company Q1 Summary - AI-driven demand for memory and SoC testing was strong, and the robotics business met expectations for the third consecutive quarter [2][82]. - The company announced a strategic partnership with NVIDIA to develop UR and MiR1200 Pallet Jack [2][82]. Strategic Partnership Update - Technoprobe will acquire the company's DIS business, and the company will invest in Technoprobe to gain a 10% stake [2][96]. Market Size Forecast - The company predicts the semiconductor testing market's TAM for SOC testing to be between $3.6 billion and $4.2 billion, with the memory testing market's TAM revised to $1.25 billion [2][61][95]. Q2 Performance Guidance - The company expects Q2 2024 revenue to be between $665 million and $725 million, with a non-GAAP gross margin of 57% to 58% [2][58].