On 7/25/24, Teradyne Inc (NASDAQ: TER) stock suffered a major decline of -13.4%, closing at $124.33. Moreover, exceptionally high trading volume at 301% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -18.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TER is expected to continue to be a major Value Builder.
Teradyne has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Teradyne has a very low Appreciation Score of 12 but a very high Power Rating of 87, with the Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment