Teradyne, Inc. TER was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 21.2% in the past one-month time frame.
The move came after the company reported better-than-expected first-quarter 2019 results.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Teradyne currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Teradyne, Inc. Price
Teradyne, Inc. Price | Teradyne, Inc. Quote
Investors interested in the Electronics - Testing Equipment industry may consider Fortive Corporation FTV, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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