Teradyne Inc. (TER) saw a big move last session, as the company's shares fell by 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for TER, as the stock is now down nearly 18.4% in the past one-month time frame.
This slump shouldn't be too much of a surprise to investors, as the company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
TER currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the technology sector include Entergy Corporation (ETR), Cognex Corporation (CGNX) and American Electric Power Co., Inc. (AEP). All these stocks holds a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
This slump shouldn't be too much of a surprise to investors, as the company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
TER currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the technology sector include Entergy Corporation (ETR), Cognex Corporation (CGNX) and American Electric Power Co., Inc. (AEP). All these stocks holds a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
TERADYNE INC (TER): Free Stock Analysis Report
ENTERGY CORP (ETR): Free Stock Analysis Report
COGNEX CORP (CGNX): Free Stock Analysis Report
AMER ELEC PWR (AEP): Free Stock Analysis Report
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