From Nasdaq: 2024-06-21 18:15:22

In the latest trading session, Teradyne (TER) closed at $148.45, up 0.34%. Outperforming the S&P 500, the Dow rose by 0.04%, while the Nasdaq saw a 0.18% decline. Teradyne has gained 5.49% in the last month, beating the Computer and Technology sector’s 6.77% increase and the S&P 500’s 3.15% rise.

Analysts predict Teradyne will report an EPS of $0.76, down 3.8% from last year. Quarterly revenue is estimated at $703.04 million, marking a 2.72% increase. For the fiscal year, earnings are anticipated to reach $3.04 per share, with revenue expected to hit $2.77 billion, up 3.75% and 3.37%, respectively.

Recent analyst estimate adjustments can reflect near-term business trends. Positive revisions can indicate confidence in a company’s profitability. The Zacks Rank quantitatively evaluates these changes, with stocks at Rank #1 having historically returned +25%. Teradyne currently holds a Zacks Rank of #3 (Hold).

Teradyne’s Forward P/E ratio is 48.75, higher than its industry’s average of 24.99. The company’s PEG ratio of 2.79 considers expected earnings growth. The Electronics – Testing Equipment industry has an average PEG ratio of 2.7. This industry falls within the Computer and Technology sector, ranking 103 out of 250+ industries.

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Read more at Nasdaq: Teradyne (TER) Ascends While Market Falls: Some Facts to Note