Teradata Co. (NYSE:TDC) Receives $40.00 Consensus Target Price from Analysts

Shares of Teradata Co. (NYSE:TDC) have been assigned a consensus rating of “Hold” from the eleven brokerages that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $40.00.

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

Institutional Investors Weigh In On Teradata

Hedge funds and other institutional investors have recently made changes to their positions in the business. Point72 Asset Management L.P. acquired a new stake in Teradata during the third quarter worth approximately $27,000. GAMMA Investing LLC raised its stake in Teradata by 88.0% during the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after acquiring an additional 447 shares in the last quarter. Brooklyn Investment Group purchased a new stake in Teradata in the third quarter valued at $32,000. Allworth Financial LP boosted its stake in Teradata by 75.2% in the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after acquiring an additional 569 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of Teradata by 2,934.1% during the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after purchasing an additional 1,291 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of TDC opened at $30.91 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. The firm has a market cap of $2.96 billion, a PE ratio of 36.80, a P/E/G ratio of 3.17 and a beta of 0.79. The stock has a fifty day moving average price of $31.29 and a 200-day moving average price of $30.79. Teradata has a 12 month low of $24.02 and a 12 month high of $49.44.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 145.40% and a net margin of 4.56%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS. Equities research analysts predict that Teradata will post 1.41 earnings per share 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.