Across the recent three months, 19 analysts have shared their insights on Teradyne TER, expressing a variety of opinions spanning from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 5 | 8 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 2 | 2 | 8 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 3 | 2 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $156.58, with a high estimate of $185.00 and a low estimate of $124.00. Marking an increase of 15.49%, the current average surpasses the previous average price target of $135.58.
Understanding Analyst Ratings: A Comprehensive Breakdown
The perception of Teradyne by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Richard Eastman | Baird | Raises | Outperform | $140.00 | $120.00 |
| Atif Malik | Citigroup | Lowers | Buy | $162.00 | $185.00 |
| Gus Richard | Northland Capital Markets | Lowers | Market Perform | $126.00 | $136.00 |
| C J Muse | Cantor Fitzgerald | Lowers | Neutral | $160.00 | $180.00 |
| Christian Schwab | Craig-Hallum | Maintains | Hold | $124.00 | $124.00 |
| Mehdi Hosseini | Susquehanna | Raises | Positive | $145.00 | $130.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $180.00 | $180.00 |
| Samik Chatterjee | JP Morgan | Raises | Neutral | $145.00 | $120.00 |
| Gus Richard | Northland Capital Markets | Maintains | Market Perform | $136.00 | $136.00 |
| C J Muse | Cantor Fitzgerald | Raises | Neutral | $180.00 | $120.00 |
| Brian Chin | Stifel | Raises | Hold | $150.00 | $100.00 |
| Atif Malik | Citigroup | Raises | Buy | $185.00 | $112.00 |
| Steve Barger | Keybanc | Raises | Overweight | $180.00 | $160.00 |
| 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 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Teradyne. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Teradyne compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Teradyne's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Teradyne's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Teradyne analyst ratings.
Unveiling the Story Behind Teradyne
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.
Key Indicators: Teradyne's Financial Health
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Teradyne showcased positive performance, achieving a revenue growth rate of 21.68% as of 30 June, 2024. This reflects a substantial increase 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 is impressive, surpassing industry averages. With a net margin of 25.52%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Teradyne's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.04% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Teradyne's ROA stands out, surpassing industry averages. With an impressive ROA of 5.29%, the company demonstrates effective utilization of assets and strong financial performance.
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.
Analyst Ratings: Simplified
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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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