Teradyne (TER) Stock Dips While Market Gains: Key Facts

Company Performance - Teradyne's stock closed at $88.51, reflecting a -0.41% change from the previous trading day, underperforming compared to the S&P 500's daily gain of 1.08% [1] - The stock has dropped by 22.78% in the past month, which is worse than the Computer and Technology sector's loss of 13.17% and the S&P 500's loss of 8.26% [2] - Upcoming earnings per share (EPS) is projected at$ 0.61, indicating a 19.61% increase year-over-year, with revenue expected to be $683.57 million, reflecting a 13.96% growth [3] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at$ 3.43 per share and revenue at $3.02 billion, showing increases of +6.52% and +7.19% respectively from the previous year [4] - Recent changes to analyst estimates suggest a positive outlook for the company's business, as these revisions often reflect short-term business trends [4] Valuation Metrics - Teradyne is currently trading at a Forward P/E ratio of 25.93, which is a premium compared to its industry's Forward P/E of 19.45 [7] - The PEG ratio for Teradyne is 3.88, significantly higher than the industry average PEG ratio of 1.44 [7] Industry Context - The Electronics - Miscellaneous Products industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 152, placing it in the bottom 40% of over 250 industries [8] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8] Analyst Ratings - The Zacks Rank system currently rates Teradyne as 5 (Strong Sell), with a recent 12.42% decrease in the consensus EPS estimate over the last 30 days [6]