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North Reading, Massachusetts-based Teradyne, Inc. (TER) is a global supplier of automated test equipment and robotics solutions. With a market cap of $12.4 billion, the company operates through Semiconductor Test, Robotics, and Other segments.
Shares of the TER have significantly lagged behind the broader market over the past 52 weeks. TER stock has dropped 32.4% over this period, while the broader S&P 500 Index ($SPX) has gained 11.9%. Moreover, shares of TER are down 34% on a YTD basis, underperforming SPX’s marginal dip during the same time frame.