Teradyne with ticker code (TER) now have 19 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 136 and 95 and has a mean target at $112.17. Given that the stocks previous close was at $107.61 this is indicating there is a potential upside of 4.2%. It’s also worth noting that there is a 50 day moving average of $103.45 and the 200 day moving average is $92.71. The market capitalization for the company is $16,594m. Company Website: https://www.teradyne.com
The potential market cap would be $17,297m based on the market consensus.
Teradyne designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing 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; 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 test systems; and circuit-board test and inspection systems. The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers. The Wireless Test segment provides test solutions for use in the development and manufacture of wireless devices and modules, smartphones, tablets, notebooks, laptops, peripherals, and Internet-of-Things devices under the LitePoint brand name. This segment also offers IQxel products for Wi-Fi and other standards; IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE, and 5G technologies; IQcell, a multi-device cellular signaling test solution; IQgig test solution; and turnkey test software for wireless chipsets. Teradyne was incorporated in 1960 and is headquartered in North Reading, Massachusetts.
The company has a dividend yield of 0.41% with the ex dividend date set at 16-2-2023 (DMY).
Other points of data to note are a P/E ratio of 25.5, revenue per share of 19.91 and a 14.89% return on assets.
