Here's Why Teradyne (TER) Fell More Than Broader Market

Teradyne (TER) closed at $383.85, down 4.68% in the latest trading session. Despite the daily decline, the stock has appreciated 6.05% over the past month. The company is expected to report EPS of $2.04 (up 140% YoY) and revenue of $1.27 billion (up 65.2% YoY). However, the stock trades at a Forward P/E of 44.22, significantly above the industry average of 20.44, and holds a Zacks Rank of #3 (Hold).