Throughout the last three months, 12 analysts have evaluated Teradyne TER, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 5 | 3 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 3 | 2 | 0 | 0 | 0 |
| 2M Ago | 0 | 2 | 2 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $140.0, a high estimate of $170.00, and a low estimate of $110.00. Surpassing the previous average price target of $121.50, the current average has increased by 15.23%.
Diving into Analyst Ratings: An In-Depth Exploration
In examining recent analyst actions, we gain insights into how financial experts perceive Teradyne. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Timothy Arcuri | UBS | Raises | Buy | $170.00 | $130.00 |
| Toshiya Hari | Goldman Sachs | Raises | Buy | $161.00 | $118.00 |
| Steve Barger | Keybanc | Raises | Overweight | $160.00 | $149.00 |
| Toshiya Hari | Goldman Sachs | Raises | Buy | $161.00 | $118.00 |
| Steve Barger | Keybanc | Raises | Overweight | $149.00 | $140.00 |
| Toshiya Hari | Goldman Sachs | Raises | Buy | $161.00 | $118.00 |
| Toshiya Hari | Goldman Sachs | Raises | Neutral | $118.00 | $107.00 |
| Mehdi Hosseini | Susquehanna | Raises | Positive | $130.00 | $125.00 |
| Richard Eastman | Baird | Raises | Outperform | $120.00 | $110.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $110.00 | - |
| Mark Lipacis | Evercore ISI Group | Announces | Outperform | $130.00 | - |
| Samik Chatterjee | JP Morgan | Raises | Neutral | $110.00 | $100.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Teradyne. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Teradyne compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Teradyne's stock. This examination reveals shifts in analysts' expectations over time.
Capture valuable insights into Teradyne's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Teradyne analyst ratings.
Discovering Teradyne: A Closer Look
Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
Teradyne: Financial Performance Dissected
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Decline in Revenue: Over the 3 months period, Teradyne faced challenges, resulting in a decline of approximately -2.87% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Teradyne's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 10.7% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Teradyne's ROE excels beyond industry benchmarks, reaching 2.53%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Teradyne's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.86% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.03, Teradyne adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Significance of Analyst Ratings Explained
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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