Teradata Co. (NYSE:TDC) has been assigned an average recommendation of “Hold” from the twelve brokerages that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $27.00.
A number of brokerages recently weighed in on TDC. BMO Capital Markets increased their price target on shares of Teradata from $24.00 to $27.00 and gave the company a “market perform” rating in a research report on Monday, August 10th. Citigroup increased their target price on Teradata from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. UBS Group lowered their target price on Teradata from $23.00 to $21.00 and set a “sell” rating for the company in a research note on Friday, May 8th. Cowen lowered their target price on Teradata from $25.00 to $24.00 and set a “market perform” rating for the company in a research note on Friday, May 8th. Finally, Barclays reissued a “sell” rating and set a $17.00 target price on shares of Teradata in a research note on Monday, August 10th.
In other news, Director Timothy C. K. Chou sold 2,814 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $20.60, for a total transaction of $57,968.40. Following the completion of the transaction, the director now directly owns 32,656 shares of the company’s stock, valued at approximately $672,713.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.31% of the stock is owned by company insiders.
Several institutional investors and hedge funds have recently modified their holdings of TDC. Nisa Investment Advisors LLC lifted its holdings in Teradata by 609.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 106,700 shares of the technology company’s stock valued at $2,186,000 after purchasing an additional 91,665 shares during the last quarter. State Street Corp lifted its holdings in Teradata by 3.8% during the 1st quarter. State Street Corp now owns 2,867,151 shares of the technology company’s stock valued at $58,748,000 after purchasing an additional 106,180 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in Teradata by 2.4% during the 1st quarter. New York State Common Retirement Fund now owns 382,090 shares of the technology company’s stock valued at $7,829,000 after purchasing an additional 8,800 shares during the last quarter. Invesco Ltd. lifted its holdings in Teradata by 132.9% during the 1st quarter. Invesco Ltd. now owns 173,394 shares of the technology company’s stock valued at $3,553,000 after purchasing an additional 98,938 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in Teradata by 23.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 612,736 shares of the technology company’s stock valued at $12,753,000 after purchasing an additional 114,840 shares during the last quarter. 98.58% of the stock is owned by institutional investors.
Shares of NYSE:TDC traded down $0.04 during mid-day trading on Friday, reaching $24.51. The stock had a trading volume of 20,942 shares, compared to its average volume of 1,251,242. The firm has a market cap of $2.63 billion, a PE ratio of 24.76, a price-to-earnings-growth ratio of 2.91 and a beta of 1.02. The firm has a 50 day simple moving average of $21.28 and a two-hundred day simple moving average of $21.58. The company has a current ratio of 1.06, a quick ratio of 1.03 and a debt-to-equity ratio of 1.57. Teradata has a twelve month low of $17.62 and a twelve month high of $34.60.
Teradata (NYSE:TDC) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.03. The business had revenue of $457.00 million for the quarter, compared to the consensus estimate of $443.26 million. Teradata had a net margin of 6.07% and a return on equity of 12.92%. Teradata’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period last year, the company posted $0.29 EPS. On average, equities analysts anticipate that Teradata will post 0.5 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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