It was disclosed on October 6, 2023, that Bank Julius Baer & Co. Ltd Zurich had decreased its holdings in Teradyne, Inc. (NASDAQ:TER) shares during the second quarter by 37.5%. The bank sold 2,078 shares of the company’s stock over the time period, and its most recent Form 13F filing with the SEC showed that it now holds 3,459 shares of the company’s stock. As of its most recent SEC report, Bank Julius Baer & Co. Ltd Zurich has Teradyne holdings of $385,000 in total.
A number of brokerages have also released TER reports. In a study published on July 18th, KeyCorp increased their target price on Teradyne shares from $117.00 to $140.00. In a research note published on July 28th, Robert W. Baird also raised their price objective from $104.00 to $115.00. Additionally, on September 26th, Northland Securities raised Teradyne’s rating from “market perform” to “outperform” and set a price objective of $126 for the firm. StockNews.com began covering Teradyne with a “hold” rating, and Citigroup increased their price objective for the stock from $125 to $127.
According to data from Bloomberg, one research analyst currently rates the stock as a sell, five have given it a hold rating, and another five have given it a buy rating. Teradyne has a “Hold” consensus rating and an average price target of $108.87.
Teradyne stock had a 50-day simple moving average of $102.57 and a 200-day simple moving average of $102.75 as of Friday’s start. It was trading at $99.54 per share.Teradyne has a market value that is now about $15.33 billion. The performance of the company’s stock is closely monitored, with a price-to-earnings ratio of 29.54 and a price-to-earnings-growth ratio of 4.78. Teradyne also has a beta of 1.53, indicating its sensitivity to changes in the market.
Teradyne’s stock has been remarkably volatile over the past year, with lows of $67.81 and highs of $119.20. This wide range illustrates the company’s exposure to different variables that could affect the performance of its stock.
In conclusion, Teradyne, Inc. has seen a decrease in Bank Julius Baer & Co. Ltd Zurich’s stake, and numerous brokerages have published research on TER with a range of ratings and price goals. On October 6th, Teradyne’s stock began at $99.54 and has fluctuated somewhat during the previous year as a result of market circumstances and company-specific elements.