Shares of Teradata Co. (NYSE:TDC) have been assigned an average rating of “Hold” from the ten ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $45.50.
Several research analysts recently issued reports on the stock. Barclays reiterated a “buy” rating on shares of NXP Semiconductors in a research note on Sunday, May 5th. Citigroup assumed coverage on shares of Akebia Therapeutics in a research note on Wednesday, March 20th. They issued a “neutral” rating and a $9.00 price target for the company. ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Zacks Investment Research upgraded shares of GALP ENERGIA SG/ADR from a “sell” rating to a “hold” rating in a research note on Monday, May 27th. Finally, TheStreet lowered shares of Viewray from a “c-” rating to a “d” rating in a research note on Friday, May 3rd.
In other news, CFO Mark Culhane acquired 1,400 shares of Teradata stock in a transaction on Monday, May 6th. The stock was acquired at an average cost of $39.35 per share, for a total transaction of $55,090.00. Following the purchase, the chief financial officer now owns 57,485 shares in the company, valued at $2,262,034.75. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.12% of the stock is currently owned by company insiders.
Large investors have recently added to or reduced their stakes in the business. Menta Capital LLC bought a new stake in Teradata during the 4th quarter valued at about $233,000. BBT Capital Management LLC bought a new stake in shares of Teradata in the first quarter worth approximately $272,000. Tortoise Index Solutions LLC bought a new stake in shares of Teradata in the first quarter worth approximately $36,000. Great West Life Assurance Co. Can grew its stake in shares of Teradata by 5.7% in the fourth quarter. Great West Life Assurance Co. Can now owns 73,657 shares of the technology company’s stock worth $2,623,000 after acquiring an additional 3,999 shares during the period. Finally, Amalgamated Bank grew its stake in shares of Teradata by 37.1% in the fourth quarter. Amalgamated Bank now owns 26,639 shares of the technology company’s stock worth $1,022,000 after acquiring an additional 7,214 shares during the period. Institutional investors and hedge funds own 96.75% of the company’s stock.
Shares of Teradata stock traded up $0.04 during trading on Friday, hitting $36.04. The company’s stock had a trading volume of 92,116 shares, compared to its average volume of 1,162,162. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.42 and a quick ratio of 1.37. The business’s fifty day moving average price is $35.67. The firm has a market capitalization of $4.22 billion, a P/E ratio of 40.95, a PEG ratio of 1.94 and a beta of 1.16. Teradata has a 52 week low of $33.83 and a 52 week high of $49.42.
Teradata (NYSE:TDC) last issued its quarterly earnings results on Thursday, May 2nd. The technology company reported $0.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.02. The company had revenue of $468.00 million during the quarter, compared to analyst estimates of $487.57 million. Teradata had a net margin of 1.27% and a return on equity of 20.91%. Teradata’s quarterly revenue was down 7.5% compared to the same quarter last year. During the same period last year, the business earned $0.19 EPS. As a group, equities research analysts anticipate that Teradata will post 0.99 EPS for the current fiscal year.
Teradata Company Profile
Teradata Corporation provides hybrid cloud analytics software. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in company's analytical ecosystem. It operates through three segments: North America and Latin America region; Europe, Middle East and Africa region; and Asia Pacific and Japan region.
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