Why Teradyne Stock Soared 18.9% Today
Shares of (NASDAQ: TER) jumped on Wednesday, finishing the day up 18.9%. The spike comes as the S 500 (^GSPC) and the Nasdaq Composite (^IXIC) fell slightly.
Teradyne, an electronics testing company, released mostly better-than-expected earnings today, leading to a prominent analyst maintaining their "overweight" rating for the stock.
The company's reported earnings per share (EPS) and revenue figures both slightly topped expectations. Analysts had estimated $0.54 per share on sales of $651 million. Teradyne delivered $0.57 per share on sales of $651 million. While the company surpassed expectations for the quarter, its top line fell by 11% year over year (YOY).
Source Fool.com
Teradyne Inc. Aktie
124,22 €
1,20 %
Leichtes Buy-Übergewicht bei der Teradyne Inc. Aktie mit 26 zu 8 Einschätzungen.
Ein positives, wenn auch bescheidenes, Potenzial für Teradyne Inc. mit einem Kursziel von 126 € im Vergleich zum aktuellen Kurs von 124.22 €.
