Investors Getting Picky When It Comes To Buying Teradyne, Inc. (TER)

Teradyne, Inc. (NASDAQ:TER) does about 2.24M shares in volume on a normal day but saw 1475139 shares change hands in Monday trading. The company now has a market cap of 24.07B USD. Its current market price is $154.17, marking an increase of 1.96% compared to the previous close of $151.20. The 52 week high reached by this stock is $152.67 whilst the lowest price level in 52 weeks is $81.07.

Teradyne, Inc. (TER) has a 20-day trading average at $147.66 and the current price is 0.98% off the 52-week high compared with 90.16% distance from its 52-week low. The 50-day simple moving average of the closing price is $137.28 and its 200-day simple moving average is $109.32. If we look at the stock’s price movements over the week, volatility stands at 2.48%, which increases to 2.57% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 67.83 to suggest the stock is neutral.

The consensus objective for the share price is $132.45, suggesting that the stock has a potential downside of -16.4% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 20, 2024 when Goldman upgraded the stock to “Buy” and issued a price target of between $118 and $161. JP Morgan upgraded its price target at $90-$100.

Teradyne, Inc. (TER) stock is up 3.97% over the week and 6.04% over the past month. Its price is 42.07% year-to-date and 44.02% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -16.4 percent from here.

The company has a return on investment of 16.37% and return on equity of 17.15%. The price to earnings ratio (P/E ratio) amounts to 58.68 while the forward price to earnings ratio is 31.75. The beta has a value of 1.50. Price to book ratio is 9.27 and price to sales ratio is 9.08.