Teradata Co. (NYSE:TDC) Receives $40.64 Average PT from Brokerages

Shares of Teradata Co. (NYSE:TDC) have earned an average recommendation of “Hold” from the eleven research firms that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $40.64.

A number of research analysts recently issued reports on the company. Evercore ISI upped their price objective on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. JMP Securities downgraded shares of Teradata from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 6th. Guggenheim restated a “buy” rating and issued a $60.00 target price on shares of Teradata in a research report on Tuesday, June 25th. Finally, Northland Securities dropped their price target on shares of Teradata from $49.00 to $38.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 6th.

Teradata Stock Down 0.3 %

Shares of NYSE:TDC opened at $32.26 on Friday. The company’s fifty day moving average is $28.99 and its two-hundred day moving average is $32.08. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.72 and a current ratio of 0.75. Teradata has a 1-year low of $24.02 and a 1-year high of $49.44. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 51.21, a price-to-earnings-growth ratio of 3.00 and a beta of 0.80.

Teradata (NYSE:TDC) last issued its earnings results on Monday, August 5th. The technology company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.16. The firm had revenue of $436.00 million for the quarter, compared to analysts’ expectations of $447.30 million. Teradata had a net margin of 3.45% and a return on equity of 114.57%. Teradata’s revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the company posted $0.20 earnings per share. Equities analysts anticipate that Teradata will post 1.3 EPS for the current year.

Insider Activity

In related news, insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the sale, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the sale, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares in the company, valued at $3,341,646.46. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.92% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TDC. Crewe Advisors LLC purchased a new stake in shares of Teradata in the second quarter worth approximately $26,000. Sound Income Strategies LLC purchased a new position in Teradata in the first quarter valued at about $31,000. GAMMA Investing LLC increased its position in Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after purchasing an additional 447 shares during the last quarter. Hexagon Capital Partners LLC raised its stake in shares of Teradata by 111.4% during the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after purchasing an additional 507 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Teradata by 107.3% during the 2nd quarter. Blue Trust Inc. now owns 2,017 shares of the technology company’s stock valued at $70,000 after buying an additional 1,044 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.

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.