Wipro Limited (WIT) EPS Estimated At $0.07; Alkeon Capital Management Trimmed Teradyne (Call) (TER) Position

June 18, 2018 - By Ash

Teradyne, Inc. (NYSE:TER) Logo

Alkeon Capital Management Llc decreased Teradyne Inc (Call) (TER) stake by 77.59% reported in 2018Q1 SEC filing. Alkeon Capital Management Llc sold 1.73M shares as Teradyne Inc (Call) (TER)’s stock declined 14.92%. The Alkeon Capital Management Llc holds 500,000 shares with $22.86M value, down from 2.23M last quarter. Teradyne Inc (Call) now has $7.53B valuation. The stock increased 0.74% or $0.29 during the last trading session, reaching $39.34. About 3.19M shares traded. Teradyne, Inc. (NYSE:TER) has risen 9.59% since June 18, 2017 and is uptrending. It has underperformed by 2.98% the S&P500. Some Historical TER News: ; 25/04/2018 – Teradyne and Mobile Industrial Robots (MiR) Announce Teradyne’s Acquisition of MiR, Leader in Collaborative Autonomous Mobile Industrial Robots; 24/04/2018 – Teradyne 1Q Rev $487.5M; 24/04/2018 – Teradyne 1Q Adj EPS 45c; 25/04/2018 – Teradyne and Mobile Industrial Robots (MiR) Announce Teradyne’s Acquisition of MiR, Leader in Collaborative Autonomous Mobile; 18/04/2018 APPLE IS SAID TO HAVE TERADYNE TEST POWER-MANAGEMENT CHIPS: EDN; 02/05/2018 – Wells Capital Management Inc. Exits Position in Teradyne; 24/04/2018 – Teradyne 1Q Net $87M; 19/04/2018 – DJ Teradyne Inc, Inst Holders, 1Q 2018 (TER); 25/04/2018 – Teradyne And Mobile Industrial Robots (MiR) Announce Teradyne’s Acquisition Of MiR, Leader In Collaborative Autonomous Mobile Industrial Robots; 23/05/2018 – Teradyne Tops VLSlresearch Customer Satisfaction Survey for Sixth Consecutive Year

Analysts expect Wipro Limited (NYSE:WIT) to report $0.07 EPS on July, 19.They anticipate $0.00 EPS change or 0.00% from last quarter’s $0.07 EPS. WIT’s profit would be $259.16 million giving it 17.32 P/E if the $0.07 EPS is correct. After having $0.06 EPS previously, Wipro Limited’s analysts see 16.67% EPS growth. The stock increased 1.89% or $0.09 during the last trading session, reaching $4.85. About 4.59 million shares traded or 266.72% up from the average. Wipro Limited (NYSE:WIT) has declined 15.36% since June 18, 2017 and is downtrending. It has underperformed by 27.93% the S&P500. Some Historical WIT News: ; 25/04/2018 – WIPRO 4Q NET INCOME 18B RUPEES, EST. 21.27B; 25/04/2018 – WIPRO LTD WIPR.NS EXEC SAYS “WILL HAVE SOFTNESS FOR COUPLE QTRS IN COMMUNICATION”; 14/03/2018 – WIPRO, TRINTECH PARTNER ON ROBOTIC PROCESS AUTOMATION SOLUTIONS; 14/03/2018 – Wipro to Transition 8 Data Centers and Over 900 Employees of Hosted Data Center Services Business to Ensono; 09/04/2018 – WIPRO-TO SEE IMPACT ON PROFITABILITY AT NET INCOME LEVEL OF 65-75 BASIS POINTS OF CONSOL REV FOR MARCH QTR 2018 DUE TO BANKRUPTCY FILED BY CLIENT; 25/04/2018 – Wipro 4Q Rev $2.1B; 25/04/2018 – WIPRO TO INVEST $55M IN ENSONO’S COMBINED COMPANY; 07/03/2018 – Druva Partners with Wipro to Bring Data Management-as-a-Service for Wipro’s LiVE Workspace™ Suite of Offerings; 14/03/2018 – WIPRO TO SELL HOSTED DATA CENTER SERVICES OPS; 25/04/2018 – WIPRO LTD WIPR.NS SAYS RE-APPOINTMENT OF IREENA VITTAL AS AN INDEPENDENT DIRECTOR

Among 18 analysts covering Teradyne (NYSE:TER), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Teradyne had 53 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Friday, October 27 with “Buy”. Cowen & Co maintained it with “Outperform” rating and $25 target in Friday, October 28 report. The rating was maintained by Pacific Crest on Monday, September 21 with “Overweight”. Citigroup maintained the stock with “Buy” rating in Monday, October 30 report. The rating was maintained by Cowen & Co with “Outperform” on Tuesday, December 6. The firm has “Outperform” rating given on Thursday, January 26 by Cowen & Co. Needham maintained Teradyne, Inc. (NYSE:TER) rating on Wednesday, August 30. Needham has “Buy” rating and $40.0 target. Needham maintained the shares of TER in report on Thursday, October 26 with “Buy” rating. On Thursday, December 17 the stock rating was upgraded by Evercore to “Buy”. On Wednesday, September 23 the stock rating was maintained by Sidoti with “Buy”.

Investors sentiment increased to 1.11 in 2018 Q1. Its up 0.16, from 0.95 in 2017Q4. It increased, as 43 investors sold TER shares while 118 reduced holdings. 53 funds opened positions while 125 raised stakes. 181.84 million shares or 2.01% less from 185.57 million shares in 2017Q4 were reported. Susquehanna International Gp Ltd Liability Partnership reported 465,443 shares. Stratos Wealth Ptnrs Limited holds 0% in Teradyne, Inc. (NYSE:TER) or 308 shares. Millennium Mgmt holds 889,329 shares or 0.05% of its portfolio. Stone Ridge Asset Limited Liability Corporation owns 21,319 shares. Pictet Asset reported 0.35% of its portfolio in Teradyne, Inc. (NYSE:TER). State Of Tennessee Treasury Department, Tennessee-based fund reported 300,000 shares. Meritage has invested 0.54% in Teradyne, Inc. (NYSE:TER). Rafferty Asset Management reported 216,699 shares. Fil Ltd has 1.53M shares. Advisory Serv Ntwk Limited Co accumulated 16,518 shares or 0.06% of the stock. California-based Menta Ltd has invested 0.21% in Teradyne, Inc. (NYSE:TER). Meeder Asset owns 8,776 shares for 0.04% of their portfolio. Guggenheim Capital Ltd Liability accumulated 255,724 shares. Parkside Natl Bank Tru holds 382 shares or 0.01% of its portfolio. Highvista Strategies Limited Com owns 14,600 shares.

Analysts await Teradyne, Inc. (NYSE:TER) to report earnings on July, 25. They expect $0.49 EPS, down 45.56% or $0.41 from last year’s $0.9 per share. TER’s profit will be $93.74 million for 20.07 P/E if the $0.49 EPS becomes a reality. After $0.45 actual EPS reported by Teradyne, Inc. for the previous quarter, Wall Street now forecasts 8.89% EPS growth.

More news for Teradyne, Inc. (NYSE:TER) were recently published by: Globenewswire.com, which released: “Teradyne Tops VLSIresearch Customer Satisfaction Survey for Sixth Consecutive Year” on May 23, 2018. Nasdaq.com‘s article titled: “Recent Analysis Shows Independent Bank, Teradyne, Cummins, Concho Resources, Ameren, and Aflac Market …” and published on June 11, 2018 is yet another important article.

Since January 26, 2018, it had 0 insider purchases, and 5 selling transactions for $6.73 million activity. The insider Beecher Gregory R sold 71,300 shares worth $3.32 million. Gray Charles Jeffrey also sold $1.49 million worth of Teradyne, Inc. (NYSE:TER) shares. JAGIELA MARK E sold $1.35M worth of stock or 30,000 shares. Smith Gregory Stephen sold $330,763 worth of Teradyne, Inc. (NYSE:TER) on Monday, February 5.

Alkeon Capital Management Llc increased Alteryx Inc stake by 17,700 shares to 42,700 valued at $1.46 million in 2018Q1. It also upped Carlyle Group LP (NASDAQ:CG) stake by 1.25M shares and now owns 2.01M shares. Square Inc (Call) was raised too.

Wipro Limited operates as an information technology , consulting, and business process services firm worldwide. The company has market cap of $17.96 billion. The companyÂ’s IT Services segment provides a range of IT and IT-enabled services, which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, infrastructure services, analytics services, business process services, research and development, and hardware and software design services to enterprises. It has a 17.96 P/E ratio. This segment serves clients in various industry verticals comprising banking, financial services, and insurance; healthcare and life sciences; consumer business units; energy, natural resources, and utilities; manufacturing and technology; and communications.

More recent Wipro Limited (NYSE:WIT) news were published by: Businesswire.com which released: “Nokia Selects Wipro to Accelerate Its Supply Chain Digital Transformation” on June 14, 2018. Also Businesswire.com published the news titled: “Wipro Positioned in the ‘Winner’s Circle’ of HfS Blueprint Report for Retail Customer Engagement Services” on June 12, 2018. Gurufocus.com‘s news article titled: “Stocks That Fell to 3-Year Lows in the Week of June 1” with publication date: June 03, 2018 was also an interesting one.

Among 11 analysts covering Wipro Limited (NYSE:WIT), 1 have Buy rating, 7 Sell and 3 Hold. Therefore 9% are positive. Wipro Limited had 13 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Bank of America with “Neutral” on Friday, July 21. The stock of Wipro Limited (NYSE:WIT) earned “Outperform” rating by CLSA on Friday, July 7. Credit Suisse downgraded the shares of WIT in report on Monday, January 22 to “Sell” rating. The stock of Wipro Limited (NYSE:WIT) earned “Reduce” rating by Nomura on Monday, October 24. Zacks upgraded the stock to “Hold” rating in Tuesday, September 22 report. Sterne Agee CRT initiated the stock with “Underperform” rating in Thursday, December 17 report. HSBC downgraded the shares of WIT in report on Tuesday, August 9 to “Reduce” rating. Citigroup downgraded the shares of WIT in report on Thursday, April 21 to “Sell” rating. On Thursday, February 11 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The firm earned “Buy” rating on Friday, January 6 by CLSA.

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