Teradata Co. (NYSE:TDC) Receives Average Recommendation of “Moderate Buy” from Analysts

Teradata Co. (NYSE:TDCGet Free Report) has received an average rating of “Moderate Buy” from the ten research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $57.30.

TDC has been the subject of several analyst reports. Bank of America downgraded shares of Teradata from a “buy” rating to a “neutral” rating and cut their price target for the company from $58.00 to $48.00 in a report on Tuesday, February 13th. JMP Securities restated a “market outperform” rating and set a $72.00 target price on shares of Teradata in a research note on Tuesday, February 13th. Royal Bank of Canada dropped their price target on shares of Teradata from $59.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 13th. StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 13th. Finally, Barclays cut their price target on shares of Teradata from $46.00 to $43.00 and set an “underweight” rating on the stock in a report on Tuesday, February 13th.

Get Our Latest Report on Teradata

Teradata Stock Performance

NYSE TDC opened at $38.41 on Friday. The firm’s fifty day moving average price is $43.43 and its two-hundred day moving average price is $44.41. The stock has a market cap of $3.74 billion, a PE ratio of 62.97, a PEG ratio of 1.66 and a beta of 0.94. Teradata has a fifty-two week low of $36.67 and a fifty-two week high of $57.73. The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.86 and a current ratio of 0.87.

Teradata (NYSE:TDCGet Free Report) last announced its quarterly earnings data on Monday, February 12th. The technology company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.05. The firm had revenue of $457.00 million for the quarter, compared to analyst estimates of $455.84 million. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.05 earnings per share. On average, equities analysts expect that Teradata will post 1.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Hillary Ashton sold 9,743 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the sale, the insider now directly owns 156,704 shares in the company, valued at $5,868,564.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Teradata news, CEO Stephen Mcmillan sold 40,597 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $38.22, for a total transaction of $1,551,617.34. Following the transaction, the chief executive officer now owns 528,302 shares of the company’s stock, valued at $20,191,702.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Hillary Ashton sold 9,743 shares of Teradata stock in a transaction on Friday, March 1st. The shares were sold at an average price of $37.45, for a total transaction of $364,875.35. Following the transaction, the insider now owns 156,704 shares in the company, valued at approximately $5,868,564.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 105,866 shares of company stock worth $4,170,505. 0.92% of the stock is owned by company insiders.

Hedge Funds Weigh In On Teradata

Hedge funds and other institutional investors have recently made changes to their positions in the business. Private Advisor Group LLC bought a new position in Teradata in the 1st quarter worth approximately $231,000. Natixis Advisors L.P. grew its stake in Teradata by 46.7% during the 1st quarter. Natixis Advisors L.P. now owns 21,282 shares of the technology company’s stock valued at $1,049,000 after acquiring an additional 6,779 shares in the last quarter. Bank of Montreal Can grew its stake in shares of Teradata by 21.1% in the 1st quarter. Bank of Montreal Can now owns 10,977 shares of the technology company’s stock valued at $546,000 after buying an additional 1,916 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Teradata by 0.3% in the 1st quarter. Rhumbline Advisers now owns 302,170 shares of the technology company’s stock valued at $14,894,000 after buying an additional 947 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Teradata by 10.5% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 39,764 shares of the technology company’s stock worth $1,960,000 after purchasing an additional 3,791 shares during the period. Institutional investors and hedge funds own 91.02% of the company’s stock.

Teradata Company Profile

(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.

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Analyst Recommendations for Teradata (NYSE:TDC)

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