Teradyne (NYSE:TER) Earning Somewhat Favorable News Coverage, Report Finds

Media headlines about Teradyne (NYSE:TER) have trended somewhat positive on Tuesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Teradyne earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 46.1446785288859 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

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TER stock traded up $0.43 during trading on Tuesday, hitting $44.72. The company had a trading volume of 2,274,035 shares, compared to its average volume of 2,568,238. The company has a debt-to-equity ratio of 0.19, a current ratio of 5.00 and a quick ratio of 4.76. The firm has a market cap of $8,495.03, a price-to-earnings ratio of 19.11, a P/E/G ratio of 1.24 and a beta of 1.13. Teradyne has a fifty-two week low of $29.68 and a fifty-two week high of $50.68.

Teradyne (NYSE:TER) last announced its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $0.46 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.12. The business had revenue of $479.00 million for the quarter, compared to analyst estimates of $438.85 million. Teradyne had a return on equity of 23.37% and a net margin of 12.06%. Teradyne’s quarterly revenue was up 26.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.32 EPS. research analysts anticipate that Teradyne will post 2.53 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 23rd. Shareholders of record on Friday, February 23rd were paid a $0.09 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $0.36 dividend on an annualized basis and a yield of 0.81%. This is a positive change from Teradyne’s previous quarterly dividend of $0.07. Teradyne’s payout ratio is currently 15.38%.

Teradyne declared that its board has approved a share repurchase program on Wednesday, January 24th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the semiconductor company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

A number of research analysts recently weighed in on the company. ValuEngine raised Teradyne from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research raised Teradyne from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research report on Monday, January 29th. Stifel Nicolaus lifted their price target on Teradyne from $46.00 to $54.00 and gave the stock a “buy” rating in a research report on Wednesday, January 24th. UBS initiated coverage on Teradyne in a research report on Wednesday, April 4th. They issued a “neutral” rating and a $49.00 price target on the stock. Finally, Citigroup lifted their price target on Teradyne from $48.00 to $54.00 and gave the stock a “buy” rating in a research report on Tuesday, January 30th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $48.85.

In other Teradyne news, VP Charles Jeffrey Gray sold 32,238 shares of the business’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $46.31, for a total value of $1,492,941.78. Following the transaction, the vice president now owns 37,057 shares of the company’s stock, valued at $1,716,109.67. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Gregory R. Beecher sold 71,300 shares of the business’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $46.57, for a total value of $3,320,441.00. Following the completion of the transaction, the chief financial officer now directly owns 77,676 shares in the company, valued at approximately $3,617,371.32. The disclosure for this sale can be found here. In the last three months, insiders sold 146,009 shares of company stock worth $6,731,077. Insiders own 0.49% of the company’s stock.

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About Teradyne

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

Insider Buying and Selling by Quarter for Teradyne (NYSE:TER)

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