In the most recent buying and selling session, Teradyne (TER) closed at $113.74, marking a -0.19% t
In the most recent buying and selling session, Teradyne (TER) closed at $113.74, marking a -0.19% transfer from yesterday. This transformation lagged the S&P 500’s 0.06% loss on the day. On the identical time, the Dow added 0.29%, and the tech-heavy Nasdaq gained 0.23%.
Coming into at this time, shares of the maker of wi-fi merchandise, information storage and gear to check semiconductors had gained 18.89% up to now month. In that very same time, the Laptop and Know-how sector gained 12.9%, whereas the S&P 500 gained 11.09%.
TER can be seeking to show energy because it nears its subsequent earnings launch. In that report, analysts count on TER to put up earnings of $0.99 per share. This is able to mark year-over-year progress of 12.5%. In the meantime, our newest consensus estimate is looking for income of $716.55 million, up 9.46% from the prior-year quarter.
Wanting on the full 12 months, our Zacks Consensus Estimates counsel analysts predict earnings of $4.49 per share and income of $3.08 billion. These totals would mark adjustments of +56.99% and +34.18%, respectively, from final 12 months.
Any current adjustments to analyst estimates for TER also needs to be famous by traders. These revisions assist to indicate the ever-changing nature of near-term enterprise traits. With this in thoughts, we are able to think about constructive estimate revisions an indication of optimism concerning the firm’s enterprise outlook.
Analysis signifies that these estimate revisions are immediately correlated with near-term share worth momentum. To profit from this, now we have developed the Zacks Rank, a proprietary mannequin which takes these estimate adjustments under consideration and gives an actionable score system.
Starting from #1 (Robust Purchase) to #5 (Robust Promote), the Zacks Rank system has a confirmed, outside-audited monitor file of outperformance, with #1 shares returning a mean of +25% yearly since 1988. Throughout the previous 30 days, our consensus EPS projection remained stagnant. TER is holding a Zacks Rank of #2 (Purchase) proper now.
Digging into valuation, TER presently has a Ahead P/E ratio of 25.36. This represents a reduction in comparison with its trade’s common Ahead P/E of 31.39.
In the meantime, TER’s PEG ratio is presently 1.51. The PEG ratio is much like the widely-used P/E ratio, however this metric additionally takes the corporate’s anticipated earnings progress fee under consideration. Electronics – Testing Gear shares are, on common, holding a PEG ratio of three.77 based mostly on yesterday’s closing costs.
The Electronics – Testing Gear trade is a part of the Laptop and Know-how sector. This group has a Zacks Business Rank of 215, placing it within the backside 16% of all 250+ industries.
The Zacks Business Rank contains is listed so as from finest to worst when it comes to the common Zacks Rank of the person firms inside every of those sectors. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
Remember to observe all of those stock-moving metrics, and lots of extra, on Zacks.com.
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Teradyne, Inc. (TER): Free Inventory Evaluation Report
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