Company Performance - Teradyne's shares increased by 0.4% over the last month, outperforming the Computer and Technology sector's loss of 3.17% and underperforming the S&P 500's gain of 2.14% [1] - Teradyne's upcoming earnings report is scheduled for July 24, 2024, with projected EPS of $0.76, indicating a 3.8% decline year-over-year, while revenue is estimated at $703.04 million, reflecting a 2.72% increase from the prior year [2] - The most recent trading day saw Teradyne close at $149.52, down 1.86%, which lagged behind the S&P 500's daily loss of 0.78% [6] Financial Metrics - The Zacks Consensus Estimates project Teradyne's full-year earnings at $3.05 per share and revenue at $2.77 billion, showing increases of 4.1% and 3.66% respectively from the previous year [7] - Teradyne's PEG ratio is currently 2.86, compared to the Electronics - Testing Equipment industry's average PEG ratio of 2.81 [4] - The Forward P/E ratio for Teradyne stands at 49.89, indicating a premium over its industry's Forward P/E of 25.56 [9] Industry Insights - The Electronics - Testing Equipment industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 65, placing it in the top 26% of over 250 industries [10] - The Zacks Rank system indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [5] - The Zacks Rank for Teradyne is currently 2 (Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [8]
Teradyne (TER) Declines More Than Market: Some Information for Investors