The latest trading session saw Teradyne (TER) ending at $148.45, denoting a +0.34% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily loss of 0.16%. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.18%. Coming into today, shares of the maker of wireless products, data storage and equipment to test semiconductors had gained 5.49% in the past month. In that same time, the Computer and Technology sector gained 6. ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Teradyne (TER) . Teradyne currently has an average brokerage recommendation (ABR) of 1.69, on ...

Teradyne (TER) ended the recent trading session at $143.23, demonstrating a -1.49% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.02%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq lost 0.09%. Shares of the maker of wireless products, data storage and equipment to test semiconductors witnessed a gain of 20.73% over the previous month, beating the performance of the Computer and Technology sector with its gain of 8.04% and the ...

Monty Rakusen Summary Following my coverage on Teradyne (NASDAQ:TER) in Nov’23, which I recommended a hold rating as I was not sure when TER would start to print positive growth. This post is to provide an update on my thoughts on the business and stock. I upgraded my rating from hold to buy as the outlook for a recovery is much more clear in 1Q24. Specifically, management has put out very encouraging 2Q24 guidance, and I have turned more bullish on the underlying AI tailwind impact on TER. Investment thesi ...

会议纪 要 证 券研究 报 告 电子 2024 年5月8日 泰瑞达（TER）FY2024Q1业绩点评及法说会纪要 会议时间：2024年4月25日 业绩超预期，上修全年半导体测试 TAM 预期 会议地点：线上  事项： 2024年4月25日泰瑞达发布2024年Q1季度报告，并召开业绩说明会。2024Q1， 华创证券研究所 公司实现营收6亿美元，同比减少8.33%，环比减少4.69%；Non-GAAP毛利率 为56.6%，同比下降1.1pct，环比持平。 证券分析师：耿琛 电话：0755-82755859  评论： 邮箱：gengchen@hcyjs.com 1. 业绩总览：2024Q1实现营收6亿美元（yoy-8.33%，qoq-4.69%），超出指引上 执业编号：S0360517100004 沿；2024Q1 实现 Non-GAAP 毛利率 56.6%（yoy-1.1pct，qoq+0pct），超出指引 证券分析师：岳阳 上沿；2024Q1实现净利润0.64亿美元（yoy-23.11%，qoq-45.18%）；2024Q1研 发费用1.03亿美元（yoy-2.8%，qoq+0.98%），占比提升至17.2 ...

For the quarter ended March 2024, Teradyne (TER) reported revenue of $599.82 million, down 2.9% over the same period last year. EPS came in at $0.51, compared to $0.55 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $571.79 million, representing a surprise of +4.90%. The company delivered an EPS surprise of +54.55%, with the consensus EPS estimate being $0.33. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

业绩表现 - 在2024年第一季度，人工智能应用推动了半导体测试业绩超出计划，特别是在存储器方面[64] - 2024年第一季度，我们的Robotics部门的业绩符合我们的预期，由于新产品推出、OEM和大客户渠道扩张，以及通过服务和软件提供增加了可预期的收入[64] - 我们的半导体测试业务的收入在2024年第一季度下降了2.7百万美元，主要是由于汽车应用的测试仪销售减少，部分抵消了DRAM晶圆分类测试的销售增加[68] - 我们的Robotics部门的收入在2024年第一季度下降了1.5百万美元，主要是由于连接性和超宽带测试产品销量下降[68] 地区收入分布 - 韩国占我们总收入的28%，美国占17%，台湾占12%，日本占11%，欧洲占11%，中国占7%，新加坡占3%，马来西亚占3%，菲律宾占2%，泰国占2%，其他地区占4%[68] 财务状况 - 我们的毛利润占总收入的百分比下降了1.2个百分点，主要是由于产品组合和销量下降[68] - 在2024年第一季度，我们录得了与收购和剥离相关的费用和与半导体测试和Robotics部门的人员减少相关的离职费用[70] - 在2024年第一季度，我们的现金、现金等价物和可市场化证券余额减少了66.6百万美元，至8.706亿美元[73] - 2024年第一季度，Teradyne公司用于回购股票、支付股息和员工股票奖励的现金分别为22.1百万美元、18.4百万美元和13.1百万美元[74] - 2023年第一季度，Teradyne公司回购了93.3百万股普通股，总价值为93.3百万美元[75] - Teradyne公司的董事会取消了2021年的回购计划，并批准了一个新的回购计划，最多可回购20亿美元的普通股[74] - Teradyne公司拥有400亿美元的三年期、高级担保循环信贷设施，截至2024年5月3日，尚未在信贷设施下借款[75] - Teradyne公司相信其现金、现金等价物、有价证券和高级担保循环信贷设施将足以支付季度股息，并满足未来至少12个月的工作资本和支出需求[75] 成本控制 - 销售和管理费用在2024年第一季度减少了1.8百万美元，主要是由于Robotics部门支出减少，部分抵消了半导体测试部门支出增加[69] - 工程和开发费用在2024年第一季度减少了2.6百万美元，主要是由于Robotics部门支出减少[69]

Teradyne (TER) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this maker of wireless products, data storage and equipment to test semiconductors is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a str ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

业绩总结 - Q1'24销售额为6亿美元，毛利率为56.6%，非GAAP每股收益为0.51美元[6] - Q1'24销售额高于预期，主要受益于AI计算和内存领域的增长[6] - Q1'24非GAAP销售额为6亿美元，毛利率为56.6%，研发费用占销售额的17.2%，SG&A费用占销售额的24.6%[9] - 半导体测试业务销售额下降1%，存储测试业务受益于强劲出货量，机器人业务销售额同比下降2%[10] - 公司现金及市场证券为8.71亿美元，库存为3.14亿美元，资本支出为4,400万美元[11] 未来展望 - 公司预计2024年销售额将在低个位数增长，测试业务基本持平，机器人业务预计年增长率为10-20%[7][15] - Q2'24销售额预计在6.65亿至7.25亿美元之间，非GAAP每股收益预计为0.64至0.84美元[13] - Teradyne公司预计2026年营收将达到46亿美元，净利润将达到7.5美元每股[19] 其他新策略和有价值的信息 - 公司现金及市场证券为8.71亿美元，库存为3.14亿美元，资本支出为4,400万美元[11] - 自2015年以来，Teradyne公司回购了总共78.5M股股票，平均价格约为49美元每股[17] - 2024年半导体测试市场规模预计为SOC 39亿美元，Memory 125亿美元[18]