Teradyne (NASDAQ:TER) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Teradyne (NASDAQ:TER) released its quarterly earnings data on Wednesday. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04, Zacks reports. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. Teradyne updated its Q1 2025 guidance to 0.580-0.680 EPS.

Teradyne Price Performance

TER traded up $0.11 during trading on Wednesday, hitting $122.05. The company had a trading volume of 2,737,732 shares, compared to its average volume of 2,530,008. The company has a market cap of $19.88 billion, a PE ratio of 38.75, a P/E/G ratio of 2.25 and a beta of 1.46. Teradyne has a 1-year low of $92.29 and a 1-year high of $163.21. The business has a 50-day moving average of $124.65 and a 200-day moving average of $125.74.

Teradyne Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Friday, February 14th. Teradyne’s dividend payout ratio (DPR) is currently 15.24%.

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the sale, the chief executive officer now directly owns 74,660 shares in the company, valued at approximately $9,705,800. The trade was a 3.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the company. JPMorgan Chase & Co. upgraded Teradyne from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $145.00 to $158.00 in a research note on Monday, December 16th. Susquehanna raised their price target on shares of Teradyne from $145.00 to $165.00 and gave the company a “positive” rating in a report on Wednesday, January 22nd. Northland Capmk upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Stifel Nicolaus cut their target price on shares of Teradyne from $140.00 to $125.00 and set a “hold” rating on the stock in a research note on Friday, October 25th. Finally, Morgan Stanley cut shares of Teradyne from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $121.00 to $117.00 in a research report on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $149.31.

Teradyne announced that its Board of Directors has initiated a share repurchase program on Monday, November 11th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to buy up to 0.6% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Teradyne Company Profile

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.