Teradyne Stock: Is Wall Street Bullish or Bearish?

Valued at a market cap of $18.6 billion, Teradyne, Inc. (TER) designs, develops, manufactures, and sells automated test systems and robotics products. The North Reading, Massachusetts-based company primarily focuses on the semiconductor test market, which generates the bulk of its revenues and also provides specialized system testing equipment for specific end markets.

Shares of this tech major have underperformed the broader market over the past 52 weeks. Teradyne has gained 11.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.7%. Moreover, on a YTD basis, the stock is down 9.4%, compared to SPX’s 3.1% rise