Teradyne, Inc. (NYSE:TER) issued its earnings results on Wednesday. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03, Market Beat reports. During the same period last year, the business earned $0.14 EPS. The company had revenue of $410 million for the quarter, compared to analyst estimates of $311.77 million. The company’s quarterly revenue was down 1.6% on a year-over-year basis. Teradyne updated its Q1 guidance to $0.23-0.29 EPS.

Teradyne (NYSE:TER) opened at 18.99 on Friday. The company has a 50-day moving average of $20.11 and a 200 day moving average of $19.20. The company has a market cap of $3.90 billion and a P/E ratio of 39.73. Teradyne has a one year low of $16.06 and a one year high of $21.58.

The company also recently announced a quarterly dividend, which will be paid on Monday, March 21st. Investors of record on Friday, February 26th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.26%.

TER has been the subject of a number of research reports. Deutsche Bank reissued a “buy” rating and set a $22.00 target price on shares of Teradyne in a research note on Monday, October 12th. Stifel Nicolaus reissued a “buy” rating on shares of Teradyne in a research note on Tuesday, January 19th. Pacific Crest cut their price target on shares of Teradyne from $23.00 to $22.00 in a report on Thursday, October 8th. Evercore ISI upgraded shares of Teradyne from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a report on Thursday, December 17th. Finally, TheStreet upgraded shares of Teradyne from a “hold” rating to a “buy” rating in a report on Wednesday, November 11th. One analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $22.45.

In other Teradyne news, Director Michael A. Bradley sold 30,860 shares of the company’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $20.07, for a total value of $619,360.20. Following the completion of the sale, the director now owns 130,956 shares of the company’s stock, valued at $2,628,286.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

An institutional investor recently raised its position in Teradyne stock. Simplex Trading increased its stake in shares of Teradyne, Inc. (NYSE:TER) by 16.7% during the fourth quarter, according to its most recent disclosure with the SEC. The hedge fund owned 77 shares of the company’s stock after buying an additional 11 shares during the period.

Teradyne, Inc. (NYSE:TER) is a supplier of automatic test equipment. The Company operates in three segments: Semiconductor Test, Wireless Test and System Test. The Company’s automatic test equipment products and services include semiconductor test (Semiconductor Test) systems, wireless test (Wireless Test) systems, and defense/aerospace (Defense/Aerospace) test instrumentation and systems, storage test (Storage Test) systems, and circuit-board test and inspection (Production Board Test) systems (collectively System Test). The Company has a customer base, which includes integrated device manufacturers, outsourced semiconductor assembly and test providers, wafer foundries, fabless companies that design, but contract with others for the manufacture of integrated circuits, developers of wireless devices and consumer electronics, manufacturers of circuit boards, automotive suppliers, wireless product manufacturers, storage device manufacturers, aerospace and military contractors.

12 Month Chart for NYSE:TER

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