Teradyne Stock Beta
| TER Stock | USD 131.75 4.64 3.65% |
Teradyne fundamentals help investors to digest information that contributes to Teradyne's financial success or failures. It also enables traders to predict the movement of Teradyne Stock. The fundamental analysis module provides a way to measure Teradyne's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Teradyne stock.
Teradyne | Beta |
Teradyne Company Beta Analysis
Teradyne's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Teradyne Beta | 1.5 |
Most of Teradyne's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Teradyne is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Teradyne Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Teradyne is extremely important. It helps to project a fair market value of Teradyne Stock properly, considering its historical fundamentals such as Beta. Since Teradyne's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Teradyne's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Teradyne's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Teradyne has a Beta of 1.503. This is 41.79% higher than that of the Semiconductors & Semiconductor Equipment sector and 35.41% higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Teradyne Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Teradyne's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Teradyne could also be used in its relative valuation, which is a method of valuing Teradyne by comparing valuation metrics of similar companies.Teradyne is currently under evaluation in beta category among related companies.
Teradyne ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Teradyne's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Teradyne's managers, analysts, and investors.Environmental | Governance | Social |
Teradyne Institutional Holders
Institutional Holdings refers to the ownership stake in Teradyne that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Teradyne's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Teradyne's value.| Shares | Amvescap Plc. | 2023-12-31 | 2.8 M | Nordea Investment Mgmt Bank Demark A/s | 2023-12-31 | 2.6 M | Barclays Plc | 2023-12-31 | 2.5 M | Pictet Asset Manangement Sa | 2023-12-31 | 2.3 M | Sumitomo Mitsui Trust Holdings Inc | 2024-03-31 | 2.2 M | Macquarie Group Ltd | 2023-12-31 | 2.1 M | Allspring Global Investments Holdings, Llc | 2023-12-31 | 2.1 M | Ark Investment Management Llc | 2024-03-31 | 1.8 M | Norges Bank | 2023-12-31 | 1.7 M | Vanguard Group Inc | 2023-12-31 | 18.3 M | Blackrock Inc | 2023-12-31 | 14.3 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Teradyne will likely underperform.
Teradyne Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0927 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 18.52 B | ||||
| Shares Outstanding | 156.11 M | ||||
| Shares Owned By Insiders | 0.43 % | ||||
| Shares Owned By Institutions | 99.57 % | ||||
| Number Of Shares Shorted | 4.18 M | ||||
| Price To Earning | 21.05 X | ||||
| Price To Book | 6.41 X | ||||
| Price To Sales | 6.05 X | ||||
| Revenue | 2.68 B | ||||
| Gross Profit | 1.87 B | ||||
| EBITDA | 611.77 M | ||||
| Net Income | 448.75 M | ||||
| Cash And Equivalents | 776.06 M | ||||
| Cash Per Share | 4.96 X | ||||
| Total Debt | 82.61 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 3.03 X | ||||
| Book Value Per Share | 16.64 X | ||||
| Cash Flow From Operations | 585.23 M | ||||
| Short Ratio | 1.84 X | ||||
| Earnings Per Share | 2.63 X | ||||
| Price To Earnings To Growth | 1.34 X | ||||
| Target Price | 120.81 | ||||
| Number Of Employees | 6.6 K | ||||
| Beta | 1.5 | ||||
| Market Capitalization | 19.19 B | ||||
| Total Asset | 3.49 B | ||||
| Retained Earnings | 706.51 M | ||||
| Working Capital | 1.5 B | ||||
| Current Asset | 809.27 M | ||||
| Current Liabilities | 279.37 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.57 % | ||||
| Net Asset | 3.49 B | ||||
| Last Dividend Paid | 0.45 |
About Teradyne Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Teradyne's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teradyne using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teradyne based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Teradyne Investors Sentiment
The influence of Teradyne's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Teradyne. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Teradyne's public news can be used to forecast risks associated with an investment in Teradyne. The trend in average sentiment can be used to explain how an investor holding Teradyne can time the market purely based on public headlines and social activities around Teradyne. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Teradyne's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Teradyne's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Teradyne's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Teradyne.
Teradyne Implied Volatility | 65.26 |
Teradyne's implied volatility exposes the market's sentiment of Teradyne stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Teradyne's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Teradyne stock will not fluctuate a lot when Teradyne's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Teradyne in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Teradyne's short interest history, or implied volatility extrapolated from Teradyne options trading.
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When determining whether Teradyne is a strong investment it is important to analyze Teradyne's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Teradyne's future performance. For an informed investment choice regarding Teradyne Stock, refer to the following important reports:Check out Teradyne Piotroski F Score and Teradyne Altman Z Score analysis. To learn how to invest in Teradyne Stock, please use our How to Invest in Teradyne guide.Note that the Teradyne information on this page should be used as a complementary analysis to other Teradyne's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Teradyne Stock analysis
When running Teradyne's price analysis, check to measure Teradyne's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teradyne is operating at the current time. Most of Teradyne's value examination focuses on studying past and present price action to predict the probability of Teradyne's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teradyne's price. Additionally, you may evaluate how the addition of Teradyne to your portfolios can decrease your overall portfolio volatility.
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Is Teradyne's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teradyne. If investors know Teradyne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teradyne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 0.45 | Earnings Share 2.63 | Revenue Per Share 17.309 | Quarterly Revenue Growth (0.03) |
The market value of Teradyne is measured differently than its book value, which is the value of Teradyne that is recorded on the company's balance sheet. Investors also form their own opinion of Teradyne's value that differs from its market value or its book value, called intrinsic value, which is Teradyne's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teradyne's market value can be influenced by many factors that don't directly affect Teradyne's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teradyne's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teradyne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teradyne's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.