Teradyne Earns 1.65 Average Broker Rating and 16.9% EPS Upgrade
Teradyne has an average brokerage recommendation of 1.65 based on 17 firms, with 11 firms issuing Strong Buy (64.7%) and one issuing Buy (5.9%). Its Zacks Consensus EPS estimate for the year climbed 16.9% to $7.09 over the past month, securing a Zacks Rank #1 Strong Buy.
1. Brokerage Recommendation Breakdown
Teradyne’s average brokerage recommendation stands at 1.65 based on 17 firms. Eleven firms have issued Strong Buy ratings (64.7%) and one has issued a Buy rating (5.9%), placing the consensus between Strong Buy and Buy.
2. EPS Estimate Revision
Over the past month, the consensus EPS estimate for Teradyne’s current fiscal year rose by 16.9% to $7.09, reflecting heightened analyst confidence in the company’s earnings prospects.
3. Zacks Rank Implications
Teradyne holds a Zacks Rank #1 (Strong Buy), indicating strong near-term price upside based on trends in earnings estimate revisions, which are closely linked to stock performance.
4. Brokerage Bias Considerations
While the high broker rating suggests bullish sentiment, investors should account for potential institutional biases in sell-side recommendations and integrate the ABR into a broader analysis.