In a report issued on February 19, Scott Graham from Rosenblatt Securities maintained a Buy rating on Teradyne (TER), with a price target of $165.00. The company’s shares closed last Wednesday at $133.60, close to its 52-week high of $147.90.
According to TipRanks.com, Graham is a 5-star analyst with an average return of 13.3% and a 70.7% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as Altra Industrial Motion, Thermon Group Holdings, and Rockwell Automation.
Currently, the analyst consensus on Teradyne is a Moderate Buy with an average price target of $137.17.
See today’s analyst top recommended stocks >>
Teradyne’s market cap is currently $21.55B and has a P/E ratio of 29.90. The company has a Price to Book ratio of 12.81.
Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TER in relation to earlier this year. Earlier this month, Charles Jeffrey Gray, the VP, GC & Sec of TER sold 18,941 shares for a total of $2,241,561.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Teradyne, Inc. supplies automation equipment for test and industrial applications. It operates through the following segments: Semiconductor Test, System Test, Wireless Test, and Industrial Automation. The Semiconductor Test segment designs, manufactures, sells, and supports semiconductor test products and services which are used both for wafer level and device package testing. The Systems Test segment comprises of defense and aerospace, storage test, and production board test business unit. The Wireless Test segment designs, develops, and supports advanced wireless test equipment for the manufacturing of wireless devices such as smart phones, tablets, notebooks, laptops, personal computer peripherals, and other Wi-Fi, bluetooth, near field communication and cellular enabled devices. The Industrial Automation segment supplies collaborative robots that work side by side with production workers. The company was founded by Alexander V. d’Arbeloff and Nicholas DeWolf on September 23, 1960 and is headquartered in North Reading, MA.
