TER
Teradyne Inc. Technology - Test Equipment Investor Relations →
Teradyne Inc. (TER) closed at $367.69 as of 2026-07-31, trading 154.9% above its 200-week moving average of $144.25. The stock moved further from the line this week, up from 145.1% last week. The 14-week RSI sits at 44, indicating neutral momentum.
Trading volume is running at 1.5x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.92 ratio) is neutral — neither side is clearly dominating.
Over the past 2740 weeks of data, TER has crossed below its 200-week moving average 42 times. On average, these episodes lasted 24 weeks. Historically, investors who bought TER at the start of these episodes saw an average one-year return of +38.4%.
Return on equity stands at 36.5%, indicating strong profitability. The stock trades at 18.3x book value.
TER passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.6 years, a hypothetical investment of $100 in TER would have grown to $11028, compared to $3098 for the S&P 500. That represents an annualized return of 15.0% vs 10.8% for the index — confirming TER as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 2.8% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: TER vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After TER Crosses Below the Line?
Across 23 historical episodes, buying TER when it crossed below its 200-week moving average produced an average return of +35.2% after 12 months (median +21.0%), compared to +11.4% for the S&P 500 over the same periods. 68% of those episodes were profitable after one year. After 24 months, the average return was +48.3% vs +16.6% for the index.
Each line shows $100 invested at the moment TER crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices TER would reach each dislocation threshold.
Dislocation Price Levels
Prices where TER's Bean Score would hit each σ threshold. Valid until next earnings report (date TBD — last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $310.33 | Unusually cheap — potential buy zone |
| Value | +1σ | $351.86 | Cheap vs. own history |
| Fair Value | +0σ | $406.22 | Historical mean behavior |
| Expensive | -1σ | $480.46 | Expensive vs. own history |
| Deep Expensive | -2σ | $587.88 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from TER's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
TER has crossed below its 200-week MA 42 times with an average 1-year return of +38.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 1974 | Feb 1974 | 2 | 1.1% | -49.3% | +35435.2% |
| Apr 1974 | Apr 1974 | 1 | 4.2% | -14.2% | +36191.3% |
| Jul 1974 | Feb 1976 | 83 | 68.4% | -25.2% | +34710.0% |
| Sep 1976 | Sep 1976 | 1 | 1.5% | +9.0% | +41843.2% |
| Oct 1976 | Jun 1977 | 37 | 23.1% | +2.5% | +42900.6% |
| Dec 1978 | Jan 1979 | 1 | 1.2% | +114.4% | +38665.7% |
| Jan 1979 | Mar 1979 | 8 | 5.7% | +150.8% | +39262.1% |
| Mar 1979 | Apr 1979 | 1 | 4.5% | +131.8% | +39567.2% |
| Sep 1981 | Sep 1981 | 1 | 0.5% | +39.9% | +20957.9% |
| Dec 1981 | Dec 1981 | 1 | 0.5% | +94.4% | +20368.3% |
| Feb 1982 | May 1982 | 11 | 20.9% | +153.0% | +20125.6% |
| May 1982 | Jul 1982 | 8 | 12.7% | +217.1% | +20286.7% |
| Aug 1982 | Aug 1982 | 1 | 0.6% | +275.4% | +19581.0% |
| Sep 1985 | Dec 1985 | 12 | 19.4% | -8.8% | +7425.1% |
| Dec 1985 | Feb 1986 | 7 | 5.6% | -24.4% | +7007.0% |
| Mar 1986 | Apr 1986 | 2 | 2.0% | +4.3% | +6704.6% |
| Jun 1986 | Apr 1987 | 46 | 37.0% | +17.3% | +6597.7% |
| May 1987 | May 1987 | 2 | 1.9% | -37.2% | +6328.5% |
| Oct 1987 | Jun 1991 | 191 | 73.8% | -20.0% | +9037.6% |
| Jul 1991 | Aug 1991 | 5 | 6.7% | -12.5% | +13225.7% |
| Jun 1992 | Jul 1992 | 8 | 9.7% | +63.7% | +13957.9% |
| Jul 1996 | Nov 1996 | 18 | 25.4% | +161.6% | +4673.4% |
| Jun 1998 | Oct 1998 | 19 | 39.3% | +143.5% | +2975.2% |
| Oct 2000 | Dec 2000 | 9 | 16.5% | -35.5% | +1104.6% |
| Feb 2001 | Feb 2001 | 1 | 0.4% | -17.5% | +1038.9% |
| Feb 2001 | Apr 2001 | 7 | 17.5% | +13.2% | +1105.6% |
| Apr 2001 | May 2001 | 1 | 1.3% | -15.7% | +1019.8% |
| Jun 2001 | Apr 2006 | 252 | 80.0% | -31.1% | +1045.5% |
| May 2006 | Apr 2007 | 50 | 25.6% | +5.9% | +2384.6% |
| May 2007 | Jun 2007 | 3 | 1.3% | -21.4% | +2302.5% |
| Jul 2007 | Mar 2010 | 139 | 77.0% | -41.3% | +2438.2% |
| May 2010 | Sep 2010 | 18 | 13.0% | +45.9% | +3581.1% |
| Aug 2022 | Nov 2022 | 10 | 19.8% | +31.2% | +349.4% |
| Dec 2022 | Jan 2023 | 4 | 5.5% | +18.6% | +318.7% |
| Apr 2023 | May 2023 | 4 | 6.4% | +25.5% | +307.5% |
| Sep 2023 | Dec 2023 | 14 | 18.0% | +22.3% | +272.7% |
| Jan 2024 | Jan 2024 | 1 | 0.9% | +27.6% | +261.1% |
| Jan 2024 | Feb 2024 | 4 | 8.0% | +20.6% | +285.1% |
| Mar 2024 | Mar 2024 | 1 | 2.7% | -15.5% | +259.7% |
| Apr 2024 | Apr 2024 | 2 | 10.2% | -30.2% | +250.1% |
| Oct 2024 | Dec 2024 | 6 | 8.5% | +29.7% | +231.1% |
| Feb 2025 | Aug 2025 | 23 | 37.8% | +192.4% | +236.1% |
| Average | 24 | — | +38.4% | — |
Frequently Asked Questions
Is TER below its 200-week moving average?
No. Teradyne Inc. (TER) is currently 154.9% above its 200-week moving average of $144.25. It would need to fall to $144.25 to cross below the line.
What is TER's 200-week moving average price?
Teradyne Inc.'s 200-week moving average is $144.25 as of 2026-07-31. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when TER drops below its 200-week moving average?
TER has crossed below its 200-week moving average 42 times in our data. On average, buying at that moment produced a one-year return of +38.4%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is TER a good value right now?
Here's what our data says about TER as of 2026-07-31: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 44. Return on equity is 36.5%. Price-to-book is 18.3x. This is not a buy or sell recommendation — always do your own research.
How does TER compare to the S&P 500?
Over the past 33.6 years, $100 invested in TER would have grown to $11028, compared to $3098 for the S&P 500. That's 15.0% annualized vs 10.8% for the index. TER has outperformed the broader market over this period.
Does TER pay a dividend?
Yes. Teradyne Inc. currently pays a dividend yield of 14.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-07-31