In the latest trading session, Teradyne (TER) closed at $375.11, marking a -1.39% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.24%. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq lost 0.26%.
Coming into today, shares of the maker of wireless products, data storage and equipment to test semiconductors had gained 30.79% in the past month. In that same time, the Computer and Technology sector gained 9.41%, while the S&P 500 gained 6.42%.
Market participants will be closely following the financial results of Teradyne in its upcoming release. The company plans to announce its earnings on April 28, 2026. It is anticipated that the company will report an EPS of $2.08, marking a 177.33% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.2 billion, indicating a 75.28% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.07 per share and a revenue of $4.19 billion, indicating changes of +53.28% and +31.28%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Teradyne. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Teradyne boasts a Zacks Rank of #3 (Hold).
Digging into valuation, Teradyne currently has a Forward P/E ratio of 62.7. This indicates a premium in contrast to its industry's Forward P/E of 27.4.
Meanwhile, TER's PEG ratio is currently 2.3. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. TER's industry had an average PEG ratio of 1.63 as of yesterday's close.
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 35, this industry ranks in the top 15% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Radical New Technology Could Hand Investors Huge Gains
Quantum Computing is the next technological revolution, and it could be even more advanced than AI.
While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.
Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power .
Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.
See Top Quantum Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Teradyne, Inc. (TER): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).