Do Institutional Investors Hate Teradyne Inc (NYSE:TER)?

October 2, 2018 - By Adrian Mccoy

Teradyne, Inc. (NYSE:TER) Logo

Sentiment for Teradyne Inc (NYSE:TER)

Teradyne Inc (NYSE:TER) institutional sentiment decreased to 0.62 in 2018 Q2. Its down -0.49, from 1.11 in 2018Q1. The ratio dropped, as 123 active investment managers increased and started new stock positions, while 198 decreased and sold their stock positions in Teradyne Inc. The active investment managers in our partner’s database now possess: 180.08 million shares, down from 181.84 million shares in 2018Q1. Also, the number of active investment managers holding Teradyne Inc in their top 10 stock positions decreased from 4 to 2 for a decrease of 2. Sold All: 65 Reduced: 133 Increased: 89 New Position: 34.

Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company has market cap of $6.88 billion. The Company’s Semiconductor Test segment offers semiconductor test services and products for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications. It has a 39.94 P/E ratio. This segment offers FLEX test platform systems; Magnum platform that tests memory devices, such as flash memory and dynamic random access memory; J750 test system to address the highest volume semiconductor devices; and ETS platform for use by semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets.

The stock decreased 0.22% or $0.08 during the last trading session, reaching $36.9. About 2.32M shares traded. Teradyne, Inc. (NYSE:TER) has risen 1.58% since October 2, 2017 and is uptrending. It has underperformed by 14.04% the S&P500.

Analysts await Teradyne, Inc. (NYSE:TER) to report earnings on October, 24. They expect $0.63 EPS, up 16.67 % or $0.09 from last year’s $0.54 per share. TER’s profit will be $117.46 million for 14.64 P/E if the $0.63 EPS becomes a reality. After $0.59 actual EPS reported by Teradyne, Inc. for the previous quarter, Wall Street now forecasts 6.78 % EPS growth.

Waterstone Capital Management L.P. holds 9.52% of its portfolio in Teradyne, Inc. for 243,900 shares. Obermeyer Wood Investment Counsel Lllp owns 798,502 shares or 2.7% of their US portfolio. Moreover, Highline Capital Management L.P. has 2.66% invested in the company for 2.09 million shares. The Ohio-based Winslow Asset Management Inc has invested 2.17% in the stock. Jhl Capital Group Llc, a Illinois-based fund reported 172,000 shares.

Teradyne, Inc. (NYSE:TER) Ratings Coverage

Ratings analysis reveals 29% of Teradyne’s analysts are positive. Out of 7 Wall Street analysts rating Teradyne, 2 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $39 while the high is $51. The stock’s average target of $44.33 is 20.14% above today’s ($36.9) share price. TER was included in 7 notes of analysts from April 5, 2018. The firm has “Buy” rating given on Tuesday, September 25 by Citigroup. As per Thursday, April 26, the company rating was maintained by Credit Suisse. The firm has “Buy” rating given on Thursday, April 26 by Stifel Nicolaus. The rating was downgraded by DA Davidson to “Hold” on Wednesday, April 25. The rating was downgraded by Robert W. Baird to “Hold” on Wednesday, April 25.

Teradyne, Inc. (NYSE:TER) Institutional Positions Chart

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