Barclays Cuts Teradata (NYSE:TDC) Price Target to $25.00

Teradata (NYSE:TDC) had its price target cut by investment analysts at Barclays from $30.00 to $25.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “underweight” rating on the technology company’s stock. Barclays‘s price target would indicate a potential downside of 18.99% from the stock’s current price.

A number of other equities research analysts also recently weighed in on TDC. Evercore ISI boosted their target price on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Northland Securities cut their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Royal Bank of Canada reiterated a “sector perform” rating and set a $32.00 price target on shares of Teradata in a research report on Tuesday, November 5th. Finally, UBS Group increased their price objective on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Teradata presently has a consensus rating of “Hold” and a consensus target price of $39.55.

Teradata Stock Down 0.2 %

Shares of NYSE:TDC opened at $30.86 on Wednesday. Teradata has a 52 week low of $24.02 and a 52 week high of $49.44. The company has a market capitalization of $2.95 billion, a PE ratio of 36.74, a P/E/G ratio of 3.19 and a beta of 0.78. The company’s fifty day moving average is $31.67 and its 200-day moving average is $30.35. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 145.40% and a net margin of 4.56%. Equities research analysts predict that Teradata will post 1.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Teradata

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TDC. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Teradata by 9.5% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 210,200 shares of the technology company’s stock worth $6,548,000 after acquiring an additional 18,229 shares in the last quarter. Prudential Financial Inc. grew its position in Teradata by 76.5% in the fourth quarter. Prudential Financial Inc. now owns 622,175 shares of the technology company’s stock valued at $19,381,000 after purchasing an additional 269,629 shares in the last quarter. Fox Run Management L.L.C. acquired a new stake in Teradata in the 4th quarter valued at $482,000. KLP Kapitalforvaltning AS bought a new stake in Teradata during the 4th quarter worth about $645,000. Finally, Hillsdale Investment Management Inc. grew its stake in Teradata by 920.2% in the fourth quarter. Hillsdale Investment Management Inc. now owns 166,300 shares of the technology company’s stock valued at $5,180,000 after purchasing an additional 150,000 shares in the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

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.