Teradyne stock closed down slightly, but has risen in the last month.

From Nasdaq: 2024-07-09 18:15:20

Teradyne (TER) closed at $153.48, down -0.45% from the previous session, trailing the S&P 500 by 0.07%. In the last month, TER stock has risen by 7.75%, lower than the sector’s gain of 8.61% but higher than the S&P 500’s 4.34% increase.

Analysts predict Teradyne will report an EPS of $0.76, a 3.8% decrease from the previous year. Revenue is estimated to be $703.04 million, up 2.72% from last year. Zacks projects full-year earnings of $3.04 per share and revenue of $2.77 billion, up 3.75% and 3.37% respectively.

Teradyne carries a Zacks Rank of #2 (Buy), with a Forward P/E ratio of 50.8, above its industry average of 24.42. With a PEG ratio of 2.91 and industry’s PEG ratio of 2.64, TER’s Electronics – Testing Equipment industry is ranked 99 out of 250+ industries by Zacks.

Zacks names a potential stock with “explosive upside”: a chemical company, up 65% last year, with soaring 2022 earnings estimates and share repurchasing plans. This pick follows successful Zacks recommendations like Boston Beer Company (+143.0%) and NVIDIA (+175.9%). Check Zacks for more stock insights.



Read more at Nasdaq: Teradyne (TER) Stock Sinks As Market Gains: Here’s Why