We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Earnings Estimates Moving Higher for Teradyne (TER): Time to Buy?
Read MoreHide Full Article
Teradyne, Inc. (TER - Free Report) is a manufacturer of automatic test equipment and related software that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on TER’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Teradyne could be a solid choice for investors.
Current Quarter Estimates for TER
In the past 30 days, six estimates have gone higher for Teradyne while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 60 cents a share 30 days ago, to 84 cents today, a move of 40%.
Current Year Estimates for TER
Meanwhile, Teradyne’s current year figures are also looking quite promising, with eight estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.64 per share 30 days ago to $1.86 per share today, an increase of 13.4%.
The stock has also started to move higher lately, adding 7.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
Image: Bigstock
Earnings Estimates Moving Higher for Teradyne (TER): Time to Buy?
Teradyne, Inc. (TER - Free Report) is a manufacturer of automatic test equipment and related software that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on TER’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Teradyne could be a solid choice for investors.
Current Quarter Estimates for TER
In the past 30 days, six estimates have gone higher for Teradyne while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 60 cents a share 30 days ago, to 84 cents today, a move of 40%.
Current Year Estimates for TER
Meanwhile, Teradyne’s current year figures are also looking quite promising, with eight estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.64 per share 30 days ago to $1.86 per share today, an increase of 13.4%.
Teradyne, Inc. Price and Consensus
Teradyne, Inc. Price and Consensus | Teradyne, Inc. Quote
Bottom Line
The stock has also started to move higher lately, adding 7.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>