TER Stock Summary and Trading Ideas (Teradyne | NASDAQ:TER)

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.

Teradyne trades on the NASDAQ stock market under the symbol TER.

As of April 18, 2024, TER stock price declined to $100.20 with 2,046,516 million shares trading.

TER has a beta of 1.72, meaning it tends to be more sensitive to market movements. TER has a correlation of 0.34 to the broad based SPY ETF.

TER has a market cap of $15.34 billion. This is considered a Large Cap stock.

Last quarter Teradyne reported $671 million in Revenue and $.79 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.08.

In the last 3 years, TER stock traded as high as $168.91 and as low as $67.81.

The top ETF exchange traded funds that TER belongs to (by Net Assets): VTI, VOO, VO, MOAT, SOXX.

TER has underperformed the market in the last year with a price return of +2.6% while the SPY ETF gained +22.3%. TER has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.5% and -7.9%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

TER support price is $99.84 and resistance is $104.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TER stock will trade within this expected range on the day.