Teradyne Stock Hits New 52-Week High (TER)

NEW YORK ( TheStreet) -- Teradyne (NYSE: TER) hit a new 52-week high Wednesday as it traded at $18.36 compared with its previous 52-Week high of $18.35. Teradyne is changing hands at $18.25 with 924,991 shares traded as of 10:02 a.m. ET. Average volume has been six million shares over the past 30 days. Teradyne has a market cap of $3.3 billion and is part of the technology sector and electronics industry. Shares are up 27.3% year to date as of the close of trading on Tuesday.

Teradyne, Inc., together with its subsidiaries, provides automatic test equipment products and services worldwide. It operates in two segments, Semiconductor Test and Systems Test Group. The Semiconductor Test segment designs, manufactures, and markets semiconductor test products and services. The company has a P/E ratio of 8.3, below the average electronics industry P/E ratio of 10.5 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Teradyne as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Teradyne Ratings Report.

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