Teradata (NYSE:TDC) PT Lowered to $39.00

Teradata (NYSE:TDC) had its price objective cut by equities research analysts at Barclays from $43.00 to $39.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has an “underweight” rating on the technology company’s stock. Barclays‘s price target would suggest a potential upside of 7.59% from the company’s current price.

A number of other equities analysts have also recently issued reports on TDC. StockNews.com cut Teradata from a “strong-buy” rating to a “buy” rating in a report on Friday, April 12th. Morgan Stanley lowered Teradata from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $74.00 to $48.00 in a research report on Tuesday, February 13th. Royal Bank of Canada decreased their price target on Teradata from $59.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 13th. Citigroup increased their price target on Teradata from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, February 12th. Finally, JMP Securities restated a “market outperform” rating and set a $72.00 price target on shares of Teradata in a research report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $56.90.

Teradata Trading Up 1.3 %

Teradata stock opened at $36.25 on Monday. The business has a 50 day moving average price of $38.83 and a two-hundred day moving average price of $43.07. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 4.02. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of 59.43, a price-to-earnings-growth ratio of 1.60 and a beta of 0.95. Teradata has a 12 month low of $35.36 and a 12 month high of $57.73.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Monday, February 12th. The technology company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.51 by $0.05. Teradata had a return on equity of 58.25% and a net margin of 3.38%. The firm had revenue of $457.00 million during the quarter, compared to analysts’ expectations of $455.84 million. During the same quarter in the prior year, the firm posted $0.05 EPS. The company’s revenue for the quarter was up 1.1% on a year-over-year basis. As a group, equities analysts forecast that Teradata will post 1.27 EPS for the current year.

Insider Buying and Selling at Teradata

In other news, CEO Stephen Mcmillan sold 40,597 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total value of $1,551,617.34. Following the transaction, the chief executive officer now directly owns 528,302 shares in the company, valued at approximately $20,191,702.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Stephen Mcmillan sold 40,597 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total transaction of $1,551,617.34. Following the sale, the chief executive officer now owns 528,302 shares of the company’s stock, valued at approximately $20,191,702.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kathleen R. Cullen-Cote sold 26,275 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total value of $987,151.75. Following the sale, the insider now directly owns 127,595 shares in the company, valued at approximately $4,793,744.15. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 76,615 shares of company stock worth $2,903,644. Insiders own 0.86% of the company’s stock.

Institutional Trading of Teradata

Several hedge funds have recently added to or reduced their stakes in the business. Orion Portfolio Solutions LLC raised its stake in Teradata by 3.5% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,583 shares of the technology company’s stock worth $341,000 after buying an additional 259 shares during the period. Fifth Third Bancorp raised its stake in shares of Teradata by 6.8% in the 3rd quarter. Fifth Third Bancorp now owns 4,336 shares of the technology company’s stock valued at $195,000 after purchasing an additional 276 shares during the period. HB Wealth Management LLC raised its stake in shares of Teradata by 4.5% in the 4th quarter. HB Wealth Management LLC now owns 6,488 shares of the technology company’s stock valued at $282,000 after purchasing an additional 280 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in shares of Teradata by 3.4% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 9,169 shares of the technology company’s stock valued at $399,000 after purchasing an additional 305 shares during the period. Finally, Creative Planning raised its stake in shares of Teradata by 2.5% in the 3rd quarter. Creative Planning now owns 12,347 shares of the technology company’s stock valued at $556,000 after purchasing an additional 307 shares during the period. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Company Profile

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.