T2ER34 trade ideas
Teradyne Inc Big beat on earnings $ter Teradyne (NASDAQ:TER) +7% reports Q1 beats for the period ending on March 29 and provides a broad Q2 outlook due to the pandemic, expecting revenue of $690-800M (consensus: $643.7M) and EPS of $0.86-1.16 (consensus: $0.80).
Q1 revenue breakdown: Semiconductor Test, $484M; System Test, $116M; Industrial Automation, $60M; Wireless Test, $43M.
Teradyne remains "cautiously positive" on the test businesses but says Industrial Automation faces considerable coronavirus-related headwinds.
Teradyne suspended its share repurchase program on April 1.
The company has $900M in available cash heading into Q2.
source seekign alpha
Teradyne Inc Jumps on earnings beat Teradyne (NASDAQ:TER) +8.3% reports Q4 beats with 26% Y/Y revenue growth and upside Q1 guidance that sees revenue of $670-710M (consensus: $554.5M) and $0.86-0.96 (consensus: $0.65).
Q4 revenue breakdown: Semiconductor Test, $439M; Industrial Automation, $88M; System Test, $83M; Wireless Test, $45M.
Buyback: TER's board approves a $1B repurchase authorization. The company plans to repurchase a minimum of 4250M of common stock in 2020.
Possible entry level $84.00
Target price $94.00
Average Recommendation: Hold Average Target Price:$66.07
Company profile
Teradyne, Inc. supplies automation equipment for test and industrial applications. It operates through the following segments: Semiconductor Test, System Test, Wireless Test, and Industrial Automation. The Semiconductor Test segment designs, manufactures, sells, and supports semiconductor test products and services which are used both for wafer level and device package testing. The Systems Test segment comprises of defense and aerospace, storage test, and production board test business unit. The Wireless Test segment designs, develops, and supports advanced wireless test equipment for the manufacturing of wireless devices such as smart phones, tablets, notebooks, laptops, personal computer peripherals, and other Wi-Fi, bluetooth, near field communication and cellular enabled devices. The Industrial Automation segment supplies collaborative robots that work side by side with production workers. The company was founded by Alexander V. d'Arbeloff and Nicholas DeWolf on September 23, 1960 and is headquartered in North Reading, MA.
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$TER Bearish divergence in Teradyne INC pre earningsMomentum has been on the side of TER in 2019 but that seems to have run its course, indicators are shoring bearish divergences as sell side volume has dominated in the last few sessions.
Nit worth the risk to buy at this level before earnings as a pullback is well overdue, profit taking will occur whether earnings are good or bad.
P/E 22 which has grown considerable in 2019.
Average analysts price target $
Company profile
Teradyne, Inc. supplies automation equipment for test and industrial applications. It operates through the following segments: Semiconductor Test, System Test, Wireless Test, and Industrial Automation. The Semiconductor Test segment designs, manufactures, sells, and supports semiconductor test products and services which are used both for wafer level and device package testing. The Systems Test segment comprises of defense and aerospace, storage test, and production board test business unit. The Wireless Test segment designs, develops, and supports advanced wireless test equipment for the manufacturing of wireless devices such as smart phones, tablets, notebooks, laptops, personal computer peripherals, and other Wi-Fi, bluetooth, near field communication and cellular enabled devices. The Industrial Automation segment supplies collaborative robots that work side by side with production workers. The company was founded by Alexander V. d'Arbeloff and Nicholas DeWolf on September 23, 1960 and is headquartered in North Reading, MA.
Highly diversified Teradyne inc, a broad gauge on economy. Maybe a forgotten stock but TER could have a amazing read on the world economy within their earnings report.
AVERAGE ANALYSTS PRICE TARGET $48
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 18
SHORT INTEREST 4.8%
COMPANY PROFILE
Teradyne, Inc. supplies automation equipment for test and industrial applications. It operates through the following segments: Semiconductor Test, System Test, Wireless Test, and Industrial Automation. The Semiconductor Test segment designs, manufactures, sells, and supports semiconductor test products and services which are used both for wafer level and device package testing. The Systems Test segment comprises of defense and aerospace, storage test, and production board test business unit. The Wireless Test segment designs, develops, and supports advanced wireless test equipment for the manufacturing of wireless devices such as smart phones, tablets, notebooks, laptops, personal computer peripherals, and other Wi-Fi, bluetooth, near field communication and cellular enabled devices. The Industrial Automation segment supplies collaborative robots that work side by side with production workers. The company was founded by Alexander V. d'Arbeloff and Nicholas DeWolf on September 23, 1960 and is headquartered in North Reading, MA.
TER: Similar technical pattern to AMD, moving with momentumTER is one of the few stocks moving with momentum in an indecisive market condition. It is a semiconductor stock that has a similar technical pattern to AMD, with Dark Pool buying intermittently through the bottom formation. The stock recently pushed through strong resistance. With earnings in 3 weeks, this may be the start of a pre-earnings run. Watch the next levels of resistance around 45 and then 50 for profit-taking risk from professional technical traders.
