Cantor Fitzgerald Weighs in on Teradyne FY2025 Earnings

Teradyne, Inc. (NASDAQ:TER) – Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Teradyne in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse anticipates that the company will post earnings of $4.00 per share for the year. The consensus estimate for Teradyne’s current full-year earnings is $3.17 per share.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.12. The business had revenue of $737.30 million for the quarter, compared to analysts’ expectations of $716.40 million. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.80 earnings per share.

Several other brokerages have also weighed in on TER. JPMorgan Chase & Co. upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $145.00 to $158.00 in a report on Monday, December 16th. Evercore ISI lifted their price target on shares of Teradyne from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. Morgan Stanley downgraded Teradyne from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $121.00 to $117.00 in a report on Tuesday. Craig Hallum reduced their target price on Teradyne from $124.00 to $111.00 and set a “hold” rating on the stock in a report on Friday, October 25th. Finally, StockNews.com upgraded Teradyne from a “sell” rating to a “hold” rating in a research note on Sunday, October 27th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.31.

Teradyne Trading Up 1.9 %

NASDAQ TER opened at $134.80 on Wednesday. The business’s 50-day moving average price is $122.89 and its 200 day moving average price is $126.78. Teradyne has a twelve month low of $92.29 and a twelve month high of $163.21. The company has a market capitalization of $21.95 billion, a PE ratio of 42.79, a price-to-earnings-growth ratio of 2.30 and a beta of 1.46.

Teradyne announced that its Board of Directors has authorized a share buyback program on Monday, November 11th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 0.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Monday, November 25th were given a dividend of $0.12 per share. The ex-dividend date was Monday, November 25th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.36%. Teradyne’s payout ratio is currently 15.24%.

Insider Activity

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the sale, the chief executive officer now directly owns 74,660 shares in the company, valued at $9,705,800. The trade was a 3.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.36% of the company’s stock.

Institutional Trading of Teradyne

Hedge funds have recently made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. grew its stake in Teradyne by 206.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 8,934 shares of the company’s stock worth $1,325,000 after purchasing an additional 6,022 shares in the last quarter. ProShare Advisors LLC grew its position in shares of Teradyne by 12.5% in the 2nd quarter. ProShare Advisors LLC now owns 50,339 shares of the company’s stock worth $7,465,000 after acquiring an additional 5,608 shares in the last quarter. Frank Rimerman Advisors LLC bought a new stake in shares of Teradyne in the 2nd quarter valued at approximately $294,000. EverSource Wealth Advisors LLC raised its position in shares of Teradyne by 3.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,469 shares of the company’s stock valued at $514,000 after acquiring an additional 122 shares in the last quarter. Finally, Evergreen Capital Management LLC bought a new position in Teradyne during the second quarter worth $208,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

About Teradyne

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.