Teradata (TDC) Set to Post Earnings on Monday

Teradata (NYSE:TDC) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Teradata to post earnings of $0.56 per share for the quarter. Teradata has set its Q3 guidance at $0.54-0.58 EPS and its FY24 guidance at $2.20-2.26 EPS.Parties that wish to register for the company’s conference call can do so using this link.

Teradata (NYSE:TDC) last released its quarterly earnings results on Monday, August 5th. The technology company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.16. The business had revenue of $436.00 million for the quarter, compared to the consensus estimate of $447.30 million. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The business’s revenue was down 5.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.20 EPS. On average, analysts expect Teradata to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Teradata Stock Up 3.1 %

Teradata stock opened at $33.23 on Friday. The company has a market capitalization of $3.19 billion, a PE ratio of 52.75, a price-to-earnings-growth ratio of 2.99 and a beta of 0.79. 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 fifty-two week low of $24.02 and a fifty-two week high of $49.44. The firm has a 50 day moving average price of $29.96 and a 200 day moving average price of $31.78.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on TDC shares. JMP Securities cut shares of Teradata from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 6th. Barclays cut their target price on Teradata from $35.00 to $30.00 and set an “underweight” rating on the stock in a research report on Tuesday, August 6th. Northland Securities lowered their price target on Teradata from $49.00 to $38.00 and set an “outperform” rating for the company in a report on Tuesday, August 6th. TD Cowen dropped their target price on shares of Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research report on Tuesday, August 6th. Finally, Morgan Stanley cut their price target on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 6th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.64.

Insiders Place Their Bets

In other news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the transaction, the insider now directly owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Teradata news, insider Hillary Ashton sold 14,962 shares of the company’s 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 sale, the insider now owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction dated 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 $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.

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.