We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Teradyne (TER) Dips More Than Broader Market: What You Should Know
Read MoreHide Full Article
In the latest trading session, Teradyne (TER - Free Report) closed at $86.43, marking a -1.43% move from the previous day. This change lagged the S&P 500's daily loss of 0.84%. Elsewhere, the Dow saw a downswing of 0.7%, while the tech-heavy Nasdaq depreciated by 0.91%.
The maker of wireless products, data storage and equipment to test semiconductors's stock has climbed by 5.98% in the past month, exceeding the Computer and Technology sector's loss of 0% and the S&P 500's gain of 1.44%.
Analysts and investors alike will be keeping a close eye on the performance of Teradyne in its upcoming earnings disclosure. In that report, analysts expect Teradyne to post earnings of $0.54 per share. This would mark a year-over-year decline of 37.21%. Alongside, our most recent consensus estimate is anticipating revenue of $646.05 million, indicating a 11.49% downward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.16 per share and revenue of $2.9 billion. These totals would mark changes of -1.86% and +2.89%, respectively, from last year.
Any recent changes to analyst estimates for Teradyne should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.59% lower within the past month. Teradyne presently features a Zacks Rank of #3 (Hold).
With respect to valuation, Teradyne is currently being traded at a Forward P/E ratio of 27.72. Its industry sports an average Forward P/E of 19.49, so one might conclude that Teradyne is trading at a premium comparatively.
Investors should also note that TER has a PEG ratio of 3.83 right now. 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. TER's industry had an average PEG ratio of 1.85 as of yesterday's close.
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 155, which puts it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Teradyne (TER) Dips More Than Broader Market: What You Should Know
In the latest trading session, Teradyne (TER - Free Report) closed at $86.43, marking a -1.43% move from the previous day. This change lagged the S&P 500's daily loss of 0.84%. Elsewhere, the Dow saw a downswing of 0.7%, while the tech-heavy Nasdaq depreciated by 0.91%.
The maker of wireless products, data storage and equipment to test semiconductors's stock has climbed by 5.98% in the past month, exceeding the Computer and Technology sector's loss of 0% and the S&P 500's gain of 1.44%.
Analysts and investors alike will be keeping a close eye on the performance of Teradyne in its upcoming earnings disclosure. In that report, analysts expect Teradyne to post earnings of $0.54 per share. This would mark a year-over-year decline of 37.21%. Alongside, our most recent consensus estimate is anticipating revenue of $646.05 million, indicating a 11.49% downward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.16 per share and revenue of $2.9 billion. These totals would mark changes of -1.86% and +2.89%, respectively, from last year.
Any recent changes to analyst estimates for Teradyne should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.59% lower within the past month. Teradyne presently features a Zacks Rank of #3 (Hold).
With respect to valuation, Teradyne is currently being traded at a Forward P/E ratio of 27.72. Its industry sports an average Forward P/E of 19.49, so one might conclude that Teradyne is trading at a premium comparatively.
Investors should also note that TER has a PEG ratio of 3.83 right now. 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. TER's industry had an average PEG ratio of 1.85 as of yesterday's close.
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 155, which puts it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.