Teradyne, Inc. (NASDAQ:TER) shares, rose in value on Friday, April 26, with the stock price up by 3.87% to the previous day’s close as strong demand from buyers drove the stock to $113.12.
Actively observing the price movement in the recent trading, the stock is buoying the session at $108.91. The PE ratio was 42.98 over 12-month period. Referring to stock’s 52-week performance, its high was $119.20, and the low was $81.07. On the whole, TER has fluctuated by 1.42% over the past month.
The company’s Forward Dividend Ratio is 0.45, with its dividend yield at 0.40%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.74B, with a low estimate of 612.29M and a high estimate of 700.8M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 659.84M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TER’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 5.60, with the price of TER currently trading nearly 7.04% and 7.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.34, while the 7-day volatility ratio is showing 3.77% which for the 30-day chart, stands at 2.98%. Furthermore, Teradyne, Inc. (TER)’s beta value is 1.52, and its average true range (ATR) is 3.76.
A comparison of Teradyne, Inc. (TER) with its peers suggests the former has fared considerably weaker in the market. TER showed an intraday change of 3.87% in today’s session so far, and over the past year, it grew by 21.20%%.
Data on historical trading for Teradyne, Inc. (NASDAQ:TER) indicates that the trading volumes over the past 3 months, they’ve averaged 1.95 million. According to company’s latest data on outstanding shares, there are 152.70 million shares outstanding.
Nearly 0.44% of Teradyne, Inc.’s shares belong to company insiders and institutional investors own 105.49% of the company’s shares. The stock has risen by 4.24% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TER stock heading into the next quarter.
