Teradata Co. (NYSE:TDC) to Post Q4 2024 Earnings of $0.35 Per Share, Northland Capmk Forecasts

Teradata Co. (NYSE:TDC) – Stock analysts at Northland Capmk dropped their Q4 2024 earnings estimates for shares of Teradata in a research note issued on Thursday, June 20th. Northland Capmk analyst N. Chokshi now expects that the technology company will post earnings of $0.35 per share for the quarter, down from their prior forecast of $0.37. The consensus estimate for Teradata’s current full-year earnings is $1.14 per share. Northland Capmk also issued estimates for Teradata’s Q1 2025 earnings at $0.42 EPS, Q2 2025 earnings at $0.31 EPS, Q4 2025 earnings at $0.44 EPS and FY2025 earnings at $1.49 EPS.

Teradata (NYSE:TDC) last posted its earnings results on Monday, May 6th. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.02. Teradata had a net margin of 2.31% and a return on equity of 70.34%. The business had revenue of $465.00 million for the quarter, compared to analysts’ expectations of $461.93 million. During the same period in the prior year, the company posted $0.40 EPS. The business’s revenue for the quarter was down 2.3% compared to the same quarter last year.

TDC has been the topic of a number of other reports. TD Cowen decreased their target price on Teradata from $46.00 to $40.00 and set a “hold” rating on the stock in a research note on Tuesday, May 7th. Evercore ISI decreased their price objective on shares of Teradata from $58.00 to $46.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 7th. JMP Securities lowered their target price on shares of Teradata from $72.00 to $60.00 and set a “market outperform” rating on the stock in a research note on Tuesday, May 7th. StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 12th. Finally, Barclays lowered their price objective on shares of Teradata from $39.00 to $35.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 7th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $49.90.

Teradata Trading Up 1.9 %

Shares of TDC stock opened at $34.38 on Friday. The company has a market capitalization of $3.32 billion, a PE ratio of 81.85, a price-to-earnings-growth ratio of 2.26 and a beta of 0.83. Teradata has a 52-week low of $31.48 and a 52-week high of $57.73. The business’s fifty day moving average is $34.23 and its 200 day moving average is $39.34. The company has a debt-to-equity ratio of 9.83, a quick ratio of 0.77 and a current ratio of 0.78.

Institutional Investors Weigh In On Teradata

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Teradata by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company’s stock worth $457,898,000 after purchasing an additional 377,761 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Teradata by 21.2% in the third quarter. American Century Companies Inc. now owns 2,585,939 shares of the technology company’s stock worth $116,419,000 after buying an additional 451,816 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Teradata by 7.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,584,625 shares of the technology company’s stock worth $68,948,000 after buying an additional 116,489 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Teradata by 7.0% during the third quarter. AQR Capital Management LLC now owns 1,362,284 shares of the technology company’s stock valued at $61,330,000 after buying an additional 89,280 shares during the last quarter. Finally, Boston Trust Walden Corp increased its position in shares of Teradata by 3.1% during the fourth quarter. Boston Trust Walden Corp now owns 1,267,342 shares of the technology company’s stock valued at $55,142,000 after acquiring an additional 38,043 shares in the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Teradata

In other Teradata news, insider Michael D. Hutchinson sold 18,500 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $32.96, for a total value of $609,760.00. Following the transaction, the insider now owns 55,190 shares in the company, valued at $1,819,062.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Stephen Mcmillan sold 10,000 shares of the business’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $31.95, for a total transaction of $319,500.00. Following the sale, the chief executive officer now owns 393,579 shares of the company’s stock, valued at $12,574,849.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael D. Hutchinson sold 18,500 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $32.96, for a total value of $609,760.00. Following the completion of the sale, the insider now owns 55,190 shares in the company, valued at approximately $1,819,062.40. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by corporate insiders.

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.