Teradata Co. (NYSE:TDC) Receives $39.91 Average Target Price from Analysts

Shares of Teradata Co. (NYSE:TDC) have been given a consensus rating of “Hold” by the eleven analysts that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $39.91.

Several research firms recently issued reports on TDC. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. JMP Securities downgraded Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. TD Cowen lowered their target price on shares of Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a report on Tuesday, August 6th. Northland Securities cut their price target on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $32.00 price objective on shares of Teradata in a research note on Tuesday, November 5th.

Teradata Stock Down 2.1 %

Shares of Teradata stock opened at $28.96 on Wednesday. Teradata has a 1 year low of $24.02 and a 1 year high of $49.44. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. The company has a market capitalization of $2.77 billion, a P/E ratio of 34.47, a price-to-earnings-growth ratio of 2.92 and a beta of 0.80. The business has a 50-day moving average of $30.33 and a two-hundred day moving average of $31.28.

Teradata (NYSE:TDC) last released its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The firm had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The company’s revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.14 EPS. As a group, equities analysts predict that Teradata will post 1.41 EPS for the current year.

Insider Activity at Teradata

In related news, insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This trade represents a 5.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the sale, the insider now directly owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This represents a 10.97 % decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Crossmark Global Holdings Inc. raised its holdings in shares of Teradata by 4.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock worth $219,000 after buying an additional 315 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Teradata by 3.4% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,716 shares of the technology company’s stock worth $370,000 after acquiring an additional 351 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Teradata by 1.5% in the second quarter. Arizona State Retirement System now owns 27,268 shares of the technology company’s stock worth $942,000 after acquiring an additional 390 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of Teradata by 2.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company’s stock valued at $636,000 after purchasing an additional 434 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in Teradata by 88.0% during the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after purchasing an additional 447 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

About Teradata

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.