Teradyne Inc (NASDAQ: TER) has reported earnings for its third fiscal quarter (ending September 30) of $0.89 versus $0.83 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $3.28 versus $3.25 for the same period a year ago.
Recent Price Action
Teradyne Inc (NASDAQ: TER) stock declined slightly by -0.7% on 10/23/24. The stock closed at $124.43. Moreover, unusually high trading volume at 165% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.3% 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Teradyne has a poor Appreciation Score of 16 but a very high Power Rating of 87, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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