The price of Teradyne, Inc. (NASDAQ:TER) shares last traded on Wall Street fell -13.38% to $124.33.
TER stock price is now -14.73% away from the 50-day moving average and 10.35% away from the 200-day moving average. The market capitalization of the company currently stands at $19.41B.
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On May 20, 2024, Goldman Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $118 to quote $161, while ‘Evercore ISI’ rates the stock as ‘Outperform’
In other news, JOHNSON MERCEDES, Director sold 625 shares of the company’s stock on Jul 01 ’24. The stock was sold for $92,500 at an average price of $148.00. Upon completion of the transaction, the Director now directly owns 17,768 shares in the company, valued at $2.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 03 ’24, Director JOHNSON MERCEDES sold 625 shares of the business’s stock. A total of $89,900 was realized by selling the stock at an average price of $143.84. This leaves the insider owning 18,393 shares of the company worth $2.29 million. A total of 1.57% of the company’s stock is owned by insiders.
During the past 12 months, Teradyne, Inc. has had a low of $81.07 and a high of $163.21. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 2.80, and a quick ratio of 2.34. According to the stock market information, the enterprise value for the company is $19240165376, which is based on a 40.92 price-to-earnings ratio, a 5.33 price-to-earnings-growth ratio, and a beta of 1.50. The fifty day moving average price for TER is $145.8042 and a two-hundred day moving average price translates $112.7884 for the stock.
The latest earnings results from Teradyne, Inc. (NASDAQ: TER) was released for 2024-06-30. The net profit margin was 18.39% and return on equity was 19.19% for TER. The company reported revenue of $599.82 million for the quarter, compared to $617.53 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.87 percent.