Analysts Set Teradata Co. (NYSE:TDC) Price Target at $40.00

Teradata Co. (NYSE:TDCGet Free Report) has been given a consensus recommendation of “Hold” by the eleven ratings firms that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $40.00.

Several equities analysts have commented on TDC shares. Royal Bank of Canada reissued a “sector perform” rating and set a $32.00 target price on shares of Teradata in a research report on Tuesday, November 5th. Evercore ISI boosted 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. UBS Group raised their target price on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research report on Tuesday, November 5th. Barclays boosted their price target on shares of Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a report on Friday, December 6th. Finally, Northland Securities decreased 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.

View Our Latest Research Report on TDC

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TDC. Assenagon Asset Management S.A. increased its holdings in shares of Teradata by 828.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 444,450 shares of the technology company’s stock worth $13,485,000 after buying an additional 396,584 shares during the last quarter. Pacer Advisors Inc. increased its stake in Teradata by 21.7% in the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after acquiring an additional 369,123 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Teradata by 1,553.7% in the third quarter. Robeco Institutional Asset Management B.V. now owns 186,170 shares of the technology company’s stock valued at $5,648,000 after acquiring an additional 174,912 shares during the last quarter. Clark Estates Inc. NY bought a new stake in Teradata during the third quarter worth about $3,340,000. Finally, UNICOM Systems Inc. purchased a new position in shares of Teradata in the 4th quarter worth about $3,162,000. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Stock Down 1.2 %

Shares of NYSE:TDC opened at $32.38 on Monday. 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 52-week low of $24.02 and a 52-week high of $49.44. The business’s 50 day simple moving average is $31.60 and its two-hundred day simple moving average is $30.45. The firm has a market cap of $3.10 billion, a P/E ratio of 38.55, a PEG ratio of 3.32 and a beta of 0.79.

Teradata (NYSE:TDCGet Free Report) last posted its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million for 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 prior year, the business posted $0.14 EPS. As a group, research analysts forecast that Teradata will post 1.41 EPS for the current fiscal year.

About Teradata

(Get Free Report

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.

Further Reading

Analyst Recommendations for Teradata (NYSE:TDC)

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