Teradyne, Inc. (NASDAQ: TER) Now -23.82% Off Its High ($163.21), Does Analysts See Headwinds And Risks?

Teradyne, Inc. (NASDAQ:TER) currently has a daily average trading volume of 2.28M but it saw 6537618 shares traded in last market. With a market cap of 19.41B USD, the company’s current market price of $124.33 came falling about -13.38 while comparing to the previous closing price of $143.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $163.21 and as low as $81.07.

Taking a look at 20-day trading activity of Teradyne, Inc. (TER) gives us an average price of $150.97, while its current price level is -23.82% below from 52-week high level whereas it is 53.36% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $145.80 while that of 200 days or SMA-200 reads an average of $112.79. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.39% during that period while stretching the period over a month that decreases to 3.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.00 which implies that the stock is in neutral territory.

Goldman upgraded its recommendation for the stock as a “Buy” from “Neutral” on May 20, 2024 while assigning a price target range of $118-$161. Evercore ISI issued its recommendations for the stock as it initiated the price target for the stock is $130.

Over the week, TER’s stock price is moving -16.84% down while it is -15.75% when we observe its performance for the past one month. Year-to-date it is 14.57% up and over the past year, the stock is showing an upside performance of 6.06%.

Currently, Teradyne, Inc.’s total number of outstanding shares is 156.11M. Company’s return on investment (ROI) stands at 17.75% and return on equity (ROE) at 19.19%. It has a price to earnings ratio (P/E ratio) of 40.92 while having a 25.65 of forward P/E ratio. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 7.47 while price to sale or P/S ratio amounts to 7.20. Its return on asset (ROA) is 14.11% on average.