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Stock of the Day: Teradyne

Teradyne
TER 90-day performance NASDAQ:TER Teradyne
Current Price
$304.69
+0.47 (+0.15%)
(As of 11:47 AM ET)
30 Day Performance
22.11%
  
 
90 Day Performance
53.40%
  
 
1 Year Performance
184.15%
  
 
Market Capitalization
$47.70B
P/E Ratio
87.55
Dividend Yield
0.17%

Teradyne, Inc. is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening. Teradyne’s systems are used to characterize and test a broad range of devices — from memory and logic semiconductors to system-on-chip (SoC) devices and wireless components — and the company typically complements hardware sales with services such as test program development, installation, calibration and ongoing technical support.

In addition to its traditional test businesses, Teradyne operates industrial automation businesses that supply collaborative robots and autonomous mobile robots for factory automation and materials handling. These robotics units broaden the company’s exposure to factory-floor automation and logistics customers worldwide. Teradyne serves a global customer base across major electronics hubs in Asia, North America and Europe and works with manufacturers in markets such as semiconductor fabrication, automotive, telecommunications and consumer electronics.

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