Teradyne, Inc. (NYSE:TER) registered a 0.31% increase, still its new closing price is 67.43% up from the company’s 1 year high of 28.85.It posted 4.10% gains in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 4 buy or better ratings. The 16 stock analysts following this company have an average price target at $29.47, with individual PT in the $22.00-$35.00 range. The shares moved at $28.70, implying that brokerage firms see shares gaining about 56.59% in twelve months time.
Teradyne, Inc. (TER) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 12.99% rise year to date. A VP,General Counsel & Secretary at Teradyne, Inc. (TER) offloaded shares in a transaction closed on Friday January 27, 2017. Gray Charles Jeffrey sold 6,400 shares in the company at $27.8 each and collected $177,001 in proceeds. Gray Charles Jeffrey now owns 64,198 shares in the company after this transaction. A President of LitePoint Corp. in the company, Robbins Brad, disclosed a transaction on Friday January 27, 2017 that ended up generating $47,001 from the sale of 1,700 shares at $28.17 per share.
Teradyne, Inc. (NYSE:TER) Upcoming Results on Tap
Teradyne, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.38 in that period. Sales during the quarter are predicted to arrive at $439.49 million.
Earnings surprise history: Last quarter, the company posted approximately $379.99 million in revenue and EPS of $0.32. The mean forecast was for $347.48 million and $0.22 a share, respectively. One quarter earlier, revenue for the stock was at $410.48 million, with earnings at $0.33/share.
Teradyne, Inc. (TER) Brokerage Update
Teradyne, Inc. (TER) is in Craig Hallum’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Craig Hallum, according to news reported on Friday July 29, 2016.Another important research note was issued by Stifel on Thursday July 21, 2016.The firm downgraded TER to Hold from Buy. Over the last six months and over the last three months, the shares of Teradyne, Inc. (TER), have changed 47.87% and 23.84%, respectively.