Teradyne Inc (TER)

NASDAQ
Currency in USD
138.40
+0.83(+0.60%)
Closed
After Hours
138.31-0.09(-0.07%)
TER Scorecard
Full Analysis
Trading at a high earnings multiple
Fair Value
Day's Range
137.71140.00
52 wk Range
92.29163.21
Key Statistics
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Prev. Close
137.57
Open
140
Day's Range
137.71-140
52 wk Range
92.29-163.21
Volume
2.25M
Average Volume (3m)
2.45M
1-Year Change
27.3%
Book Value / Share
17.79
Fair Value
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Fair Value Upside
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TER Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
141.72
Upside
+2.40%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth
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Teradyne Inc Company Profile

Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices, including microcontrollers; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The System Test segment offers defense/aerospace test instrumentation and systems; storage and system level test systems; and circuit-board test and inspection systems. The Wireless Test segment provides wireless test solutions for silicon validation, wireless module manufacturing, and wireless end device manufacturing under the LitePoint brand. This segment also offers IQxel-MX and IQxel-MW7G series products for edge measurement performance in the manufacturing of connectivity products; IQxstream-5G and IQgig-5G family products to support 4G and 5G technologies; and IQgig-UWB+ for certification and manufacturing test support for ultra wideband products. The Robotics segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and industrial customers. The company was incorporated in 1960 and is headquartered in North Reading, Massachusetts.

Teradyne Inc SWOT Analysis


AI-Driven Growth
Explore Teradyne's strategic positioning in AI and high-performance computing markets, driving significant revenue expansion and market share gains
Financial Strength
Teradyne boasts robust financials with a 58% gross profit margin and 19% ROE, underpinning its "Good" financial health score and growth potential
Market Dynamics
Delve into Teradyne's navigation of cyclical industry pressures while capitalizing on AI infrastructure demand and custom silicon opportunities
Analyst Projections
Analysts project substantial growth, with J.P. Morgan forecasting revenues to reach $4.4 billion by 2026. Price targets range from $140 to $185
Read full SWOT analysis

Teradyne Inc Earnings Call Summary for Q3/2024

  • Q3 sales reached $737M with $0.90 non-GAAP EPS; Q4 projected at $710M-$760M with $0.80-$0.97 non-GAAP EPS
  • 2024 semiconductor ATE TAM revised up: $4.2B for SoC, $1.4B for Memory; overall revenue growth projected at ~5%
  • Robotics revenue stable with 8% YTD growth; expected to grow 5-10% in 2024 and 50% sequentially in Q4 2024
  • Memory Test business hit record revenue driven by HBM DRAM demand; wireless testing declined due to slow WiFi 7 adoption
  • CEO projects 20-25% sales growth for 2025, citing expanding TAM in AI Compute and Chinese market
Last Updated: 25/10/2024, 08:14 pm
Read Full Transcript

Compare TER to Peers and Sector

Metrics to compare
TER
Peers
Sector
Relationship
P/E Ratio
43.9x0.0x11.5x
PEG Ratio
16.680.000.01
Price/Book
7.8x0.0x2.4x
Price / LTM Sales
8.2x0.0x2.1x
Upside (Analyst Target)
2.6%0.0%24.8%
Fair Value Upside
Unlock0.0%4.2%Unlock

Analyst Ratings

11 Buy
5 Hold
1 Sell
Ratings:
17 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 141.72
(+2.40% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.28
Dividend Yield
0.35%
Industry Median 0.63%
Annualised payout
0.4800
Paid quarterly
5-Years Growth
+5.48%
Growth Streak

Earnings

Latest Release
Oct 23, 2024
EPS / Forecast
0.90 / 0.78
Revenue / Forecast
737.30M / 716.40M
EPS Revisions
Last 90 days

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FAQ

What Is the Teradyne (TER) Stock Price Today?

The Teradyne stock price today is 138.40

What Stock Exchange Does Teradyne Trade On?

Teradyne is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Teradyne?

The stock symbol for Teradyne is "TER."

Does Teradyne Pay Dividends? What’s The Current Dividend Yield?

The Teradyne dividend yield is 0.35%.

What Is the Teradyne Market Cap?

As of today, Teradyne market cap is 22.54B.

What is Teradyne Earnings Per Share?

The Teradyne EPS is 3.28.

What Is the Next Teradyne Earnings Date?

Teradyne will release its next earnings report on 21 Jan 2025.

From a Technical Analysis Perspective, Is TER a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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