Teradyne, Inc. (TER) Can’t Be More Hot. Just Reaches 52-Week High

January 18, 2018 - By Maria Brooks

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.25, from 1.21 in 2017Q2. It dived, as 37 investors sold Teradyne, Inc. shares while 130 reduced holdings. 61 funds opened positions while 100 raised stakes. 185.56 million shares or 2.84% more from 180.44 million shares in 2017Q2 were reported.
Zacks Investment Management reported 0.03% of its portfolio in Teradyne, Inc. (NYSE:TER). Paradigm Capital Mgmt Ny stated it has 126,150 shares. Texas Permanent School Fund invested in 0.07% or 144,426 shares. Credit Suisse Ag reported 0.01% in Teradyne, Inc. (NYSE:TER). Credit Agricole S A holds 0.01% or 74,297 shares. Nuveen Asset Lc invested in 38,200 shares or 0.01% of the stock. Walleye Trading Ltd Liability reported 0.05% of its portfolio in Teradyne, Inc. (NYSE:TER). Moreover, Jefferies Group Ltd Liability has 0.02% invested in Teradyne, Inc. (NYSE:TER). Blair William And Il reported 9,021 shares. Fny Managed Accounts Limited Liability Com invested in 520 shares. Essex Investment Management Lc invested in 0.63% or 123,552 shares. Norman Fields Gottscho Cap Management Lc holds 0.14% of its portfolio in Teradyne, Inc. (NYSE:TER) for 6,150 shares. Wexford L P has invested 0.03% in Teradyne, Inc. (NYSE:TER). Principal, a Iowa-based fund reported 864,158 shares. Gemmer Asset Ltd Liability Com, California-based fund reported 199 shares.

Since August 1, 2017, it had 0 insider purchases, and 7 sales for $5.32 million activity. 22,168 Teradyne, Inc. (NYSE:TER) shares with value of $790,067 were sold by BRADLEY MICHAEL A. Gray Charles Jeffrey sold $344,763 worth of Teradyne, Inc. (NYSE:TER) on Friday, October 27. 30,000 shares were sold by JAGIELA MARK E, worth $1.04M. 41,000 shares valued at $1.46 million were sold by GILLIS EDWIN J on Tuesday, September 5.

The stock of Teradyne, Inc. (NYSE:TER) hit a new 52-week high and has $50.91 target or 8.00 % above today’s $47.14 share price. The 6 months bullish chart indicates low risk for the $9.25 billion company. The 1-year high was reported on Jan, 18 by Barchart.com. If the $50.91 price target is reached, the company will be worth $739.76M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.81% or $0.38 during the last trading session, reaching $47.14. About 1.31 million shares traded. Teradyne, Inc. (NYSE:TER) has risen 88.99% since January 18, 2017 and is uptrending. It has outperformed by 72.29% the S&P500.

Analysts await Teradyne, Inc. (NYSE:TER) to report earnings on January, 24. They expect $0.35 EPS, up 9.37 % or $0.03 from last year’s $0.32 per share. TER’s profit will be $68.66 million for 33.67 P/E if the $0.35 EPS becomes a reality. After $0.54 actual EPS reported by Teradyne, Inc. for the previous quarter, Wall Street now forecasts -35.19 % negative EPS growth.

Teradyne, Inc. (NYSE:TER) Ratings Coverage

Among 16 analysts covering Teradyne (NYSE:TER), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Teradyne had 40 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, July 21 by Stifel Nicolaus. The firm has “Buy” rating by Robert W. Baird given on Friday, October 6. KeyBanc Capital Markets maintained the shares of TER in report on Thursday, October 26 with “Buy” rating. On Friday, July 29 the stock rating was downgraded by Craig Hallum to “Hold”. Craig Hallum upgraded Teradyne, Inc. (NYSE:TER) rating on Tuesday, August 25. Craig Hallum has “Hold” rating and $22.0 target. On Thursday, October 26 the stock rating was maintained by Needham with “Buy”. The stock of Teradyne, Inc. (NYSE:TER) has “In-Line” rating given on Friday, October 27 by Evercore. The company was maintained on Thursday, January 26 by Cowen & Co. Cowen & Co maintained the stock with “Outperform” rating in Friday, October 28 report. Robert W. Baird maintained the stock with “Buy” rating in Friday, October 27 report.

Another recent and important Teradyne, Inc. (NYSE:TER) news was published by Globenewswire.com which published an article titled: “Teradyne to Announce Fourth Quarter and Fiscal Year 2017 Results” on January 12, 2018.

Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company has market cap of $9.25 billion. The Company’s Semiconductor Test segment offers semiconductor test services and products for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications. It has a 21.98 P/E ratio. This segment offers FLEX test platform systems; Magnum platform that tests memory devices, such as flash memory and dynamic random access memory; J750 test system to address the highest volume semiconductor devices; and ETS platform for use by semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets.

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