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

Shares of Teradata Co. (NYSE:TDC) have received a consensus rating of “Hold” from the eleven research firms that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $39.91.

Several equities analysts have commented on the stock. UBS Group increased their target price on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research report on Tuesday, November 5th. StockNews.com raised Teradata from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 6th. Barclays decreased their target price on Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. TD Cowen lowered their price target on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a report on Tuesday, August 6th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $32.00 price objective on shares of Teradata in a research note on Tuesday, November 5th.

Teradata Trading Down 1.1 %

Shares of NYSE TDC opened at $29.46 on Wednesday. The business has a 50 day simple moving average of $30.22 and a 200 day simple moving average of $31.37. Teradata has a 52 week low of $24.02 and a 52 week high of $49.44. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 35.07, a PEG ratio of 2.93 and a beta of 0.80. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.72 and a current ratio of 0.80.

Teradata (NYSE:TDC) last posted its 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 the consensus estimate of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 earnings per share. On average, research analysts predict that Teradata will post 1.41 earnings per share for the current fiscal year.

Insider Activity at Teradata

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the sale, the insider now directly owns 96,783 shares in the company, valued at $2,758,315.50. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related 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 completion of the transaction, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.92% of the company’s stock.

Hedge Funds Weigh In On Teradata

A number of hedge funds have recently made changes to their positions in TDC. Vanguard Group Inc. increased its stake in Teradata by 3.3% in the first quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company’s stock valued at $457,898,000 after acquiring an additional 377,761 shares during the period. Lynrock Lake LP grew its stake in shares of Teradata by 9.9% in the 2nd quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company’s stock valued at $230,400,000 after purchasing an additional 600,000 shares during the period. AQR Capital Management LLC grew its stake in shares of Teradata by 60.9% in the 2nd quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company’s stock valued at $73,827,000 after purchasing an additional 808,691 shares during the period. Pacer Advisors Inc. raised its holdings in shares of Teradata by 21.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock worth $62,843,000 after buying an additional 369,123 shares in the last quarter. Finally, Boston Trust Walden Corp lifted its position in shares of Teradata by 14.5% during the 2nd quarter. Boston Trust Walden Corp now owns 1,673,431 shares of the technology company’s stock worth $57,834,000 after buying an additional 212,359 shares during the period. Institutional investors and hedge funds own 90.31% of the company’s stock.

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.