Brokerages Set Teradata Co. (NYSE:TDC) Target Price at $57.10

Teradata Co. (NYSE:TDCGet Rating) has earned an average rating of “Moderate Buy” from the twelve ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $57.10.

A number of brokerages recently weighed in on TDC. StockNews.com downgraded Teradata from a “strong-buy” rating to a “buy” rating in a research note on Thursday, May 5th. Craig Hallum cut their price objective on Teradata from $65.00 to $57.00 in a research note on Friday, May 6th.

Shares of TDC stock opened at $37.81 on Tuesday. The stock’s 50 day simple moving average is $38.61 and its 200 day simple moving average is $43.11. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.85 and a current ratio of 0.87. Teradata has a twelve month low of $33.38 and a twelve month high of $59.38. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 32.60, a PEG ratio of 2.04 and a beta of 1.08.

Teradata (NYSE:TDCGet Rating) last issued its quarterly earnings data on Thursday, May 5th. The technology company reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. Teradata had a return on equity of 42.19% and a net margin of 6.76%. The business had revenue of $496.00 million for the quarter, compared to the consensus estimate of $490.86 million. During the same period last year, the business earned $0.55 EPS. The firm’s revenue was up 1.0% compared to the same quarter last year. On average, analysts forecast that Teradata will post 0.66 EPS for the current fiscal year.

In other news, Director Timothy C. K. Chou sold 2,265 shares of Teradata stock in a transaction that occurred on Monday, April 4th. The stock was sold at an average price of $49.06, for a total transaction of $111,120.90. Following the sale, the director now owns 22,321 shares of the company’s stock, valued at approximately $1,095,068.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Claire Bramley sold 2,100 shares of Teradata stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $35.54, for a total value of $74,634.00. Following the sale, the chief financial officer now directly owns 99,622 shares in the company, valued at approximately $3,540,565.88. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,457 shares of company stock worth $373,250. Company insiders own 0.92% of the company’s stock.

Large investors have recently made changes to their positions in the company. Moors & Cabot Inc. acquired a new stake in shares of Teradata during the 3rd quarter worth approximately $25,000. Geneos Wealth Management Inc. boosted its stake in Teradata by 50.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 799 shares of the technology company’s stock valued at $33,000 after buying an additional 269 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Teradata by 62.8% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 819 shares of the technology company’s stock valued at $35,000 after buying an additional 316 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in Teradata in the 1st quarter valued at $44,000. Finally, Financial Management Professionals Inc. boosted its stake in Teradata by 20,625.0% in the 4th quarter. Financial Management Professionals Inc. now owns 1,658 shares of the technology company’s stock valued at $70,000 after buying an additional 1,650 shares in the last quarter. 98.54% of the stock is currently owned by institutional investors.

About Teradata (Get Rating)

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, a data platform that allows companies to leverage their data across an enterprise, as well as connects various sources of data to drive ecosystem simplification and support customers on their journey to the cloud through an integrated migration.

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Analyst Recommendations for Teradata (NYSE:TDC)

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