Teradata (NYSE:TDC) Stock Rating Reaffirmed by Guggenheim

Teradata (NYSE:TDC)‘s stock had its “buy” rating reaffirmed by Guggenheim in a research note issued to investors on Tuesday, Benzinga reports. They presently have a $60.00 price target on the technology company’s stock. Guggenheim’s price target would suggest a potential upside of 76.86% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Royal Bank of Canada reduced their price objective on shares of Teradata from $48.00 to $44.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 7th. TD Cowen lowered their price target on Teradata from $46.00 to $40.00 and set a “hold” rating on the stock in a research report on Tuesday, May 7th. JMP Securities cut their price objective on Teradata from $72.00 to $60.00 and set a “market outperform” rating for the company in a report on Tuesday, May 7th. StockNews.com downgraded shares of Teradata from a “strong-buy” rating to a “buy” rating in a report on Friday, April 12th. Finally, Evercore ISI dropped their price target 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. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $50.82.

Teradata Stock Down 0.5 %

Teradata stock opened at $33.93 on Tuesday. The stock has a market capitalization of $3.28 billion, a PE ratio of 80.77, a price-to-earnings-growth ratio of 2.34 and a beta of 0.83. The company has a quick ratio of 0.77, a current ratio of 0.78 and a debt-to-equity ratio of 9.83. Teradata has a twelve month low of $31.48 and a twelve month high of $57.73. The company has a 50 day moving average of $34.11 and a 200-day moving average of $39.07.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Monday, May 6th. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. Teradata had a return on equity of 70.34% and a net margin of 2.31%. The company had revenue of $465.00 million during the quarter, compared to analysts’ expectations of $461.93 million. During the same period in the prior year, the firm earned $0.40 earnings per share. Teradata’s revenue for the quarter was down 2.3% compared to the same quarter last year. On average, equities research analysts anticipate that Teradata will post 1.14 EPS for the current fiscal year.

Insider Buying and Selling at Teradata

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

Institutional Trading of Teradata

Institutional investors have recently modified their holdings of the stock. HB Wealth Management LLC raised its stake in Teradata by 4.5% in the fourth 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 in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in Teradata by 3.4% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 9,169 shares of the technology company’s stock worth $399,000 after purchasing an additional 305 shares during the last quarter. Gotham Asset Management LLC boosted its holdings in shares of Teradata by 3.4% in the 3rd quarter. Gotham Asset Management LLC now owns 9,538 shares of the technology company’s stock valued at $429,000 after purchasing an additional 311 shares in the last quarter. Heron Bay Capital Management increased its stake in shares of Teradata by 3.3% in the 4th quarter. Heron Bay Capital Management now owns 10,895 shares of the technology company’s stock valued at $474,000 after purchasing an additional 350 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of Teradata by 3.2% during the 3rd quarter. HighTower Advisors LLC now owns 13,526 shares of the technology company’s stock worth $604,000 after buying an additional 424 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors.

About Teradata

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.