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Teradyne Inc TER Stock Quote

| Rating as of

NASDAQ: TER

Last close prices updated as of Feb 06, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 106.95
  • Sector Technology
  • Industry Semiconductor Equipment & Materials
  • Investment Style Mid Blend
  • Day Range 106.37  –  108.50
  • Year Range 67.81  –  127.29
  • Market Cap 16.6581 Bil
  • Volume / Avg 62.0 /  1.6 Mil
  • Price / Sales 5.75
  • Price / Book 6.80
  • Forward Div Yield 0.41%
  • Trailing Div Yield 0.51%

Morningstar‘s Stock Analysis TER

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Teradyne Isn’t Yet Through the Storm, but Investors Have Opportunity to Buy In Before Skies Clear

Analyst Note

| William Kerwin |

We maintain our $167 fair value estimate for wide-moat Teradyne after reporting fourth quarter results in line with our expectations, and it remains one of our top picks in Technology. We see 2023 being challenging for Teradyne amid lower demand across its served markets, but our long-term expectations remain intact and bullish. We continue to anticipate a meaningful rebound in 2024, led by recovering end market demand and a broad ramp of 3-nanometer chip production. We note Teradyne's new 2026 model guidance met our existing expectations. We see shares as significantly undervalued. We think the market is ignoring Teradyne's long-term opportunity and strong competitive position in the face of a cyclical downturn in the short-term. While the firm is exposed to cyclicality, we are confident in long-term trends toward chip complexity driving demand across cycles, and see Teradyne's strong positioning in advanced CPU testing and key customers like Apple, Qualcomm, and TSMC as encouraging.

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Key Statistics TER

Company Profile TER

Business Description

Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.

Contact
600 Riverpark Drive
North Reading, MA, 01864
Industry Semiconductor Equipment & Materials
Employees 5,900

Related Articles TER

FAQs for Teradyne Inc Stock

Yes. TER has a forward dividend yield of 0.41%. See TER’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

TER’s market cap is 16.66 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

TER’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

TER’s price/sales is 5.75.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

TER’s price/forward earnings is 27.32.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

TER’s price/book is 6.80.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See TER’s valuation ratios compared to the Market Index.

TER’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare TER’s historical performance against its industry peers and the overall market.