Teradata Co. (NYSE:TDC) Receives Consensus Rating of “Hold” from Analysts

Teradata Co. (NYSE:TDC) has received a consensus rating of “Hold” from the eleven brokerages that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $40.00.

A number of equities research analysts have recently commented on the stock. Barclays increased their target price on shares of Teradata from $29.00 to $30.00 and gave the company an “underweight” rating in a research report on Friday, December 6th. UBS Group increased their target price on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research report on Tuesday, November 5th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $32.00 target price on shares of Teradata in a research report on Tuesday, November 5th. Evercore ISI increased their target price on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Finally, Northland Securities dropped their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of TDC. Retirement Systems of Alabama boosted its stake in shares of Teradata by 15.9% in the third quarter. Retirement Systems of Alabama now owns 704,163 shares of the technology company’s stock valued at $21,364,000 after purchasing an additional 96,341 shares during the period. Franklin Resources Inc. boosted its stake in shares of Teradata by 21.4% in the third quarter. Franklin Resources Inc. now owns 127,029 shares of the technology company’s stock valued at $4,029,000 after purchasing an additional 22,359 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Teradata in the third quarter valued at approximately $431,000. Geode Capital Management LLC boosted its stake in shares of Teradata by 0.5% in the third quarter. Geode Capital Management LLC now owns 1,685,317 shares of the technology company’s stock valued at $51,145,000 after purchasing an additional 8,289 shares during the period. Finally, M&T Bank Corp boosted its stake in shares of Teradata by 25.8% in the third quarter. M&T Bank Corp now owns 8,705 shares of the technology company’s stock valued at $264,000 after purchasing an additional 1,783 shares during the period. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Price Performance

Shares of NYSE TDC opened at $33.08 on Friday. The firm has a market cap of $3.17 billion, a PE ratio of 39.38, a PEG ratio of 3.16 and a beta of 0.79. The firm has a fifty day moving average of $31.20 and a 200 day moving average of $30.89. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. Teradata has a one year low of $24.02 and a one year high of $49.44.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.56 by $0.13. The company had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm’s revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 EPS. As a group, research analysts predict that Teradata will post 1.41 EPS for the current fiscal year.

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.