Teradyne Inc. (NASDAQ:TER) traded today at a new 52-week high of $162.73. So far today approximately 210,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.
Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuitboards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing, which made up 72% of 2020 sales. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
Based on a current price of $158.08, Teradyne Inc. is currently 17.4% above its average consensus analyst price target of $130.54.
Over the past year, Teradyne Inc. has traded in a range of $104.05 to $162.73 and is now at $158.08, 52% above that low.
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