Teradata Corporation (NYSE:TDC) had its target price raised by BMO Capital Markets from $32.00 to $40.00 in a research note issued to investors on Friday, November 3rd. They currently have a market perform rating on the technology company’s stock.
TDC has been the subject of a number of other research reports. Mizuho boosted their price objective on shares of Teradata Corporation from $26.00 to $32.00 and gave the stock an underperform rating in a research note on Thursday, November 2nd. Deutsche Bank AG upped their price target on Teradata Corporation from $30.00 to $32.00 and gave the stock a hold rating in a research report on Tuesday, October 24th. Royal Bank Of Canada reissued a hold rating and issued a $30.00 target price on shares of Teradata Corporation in a research report on Wednesday, October 18th. BidaskClub raised Teradata Corporation from a hold rating to a buy rating in a research report on Friday, August 4th. Finally, Sanford C. Bernstein reissued an underperform rating and issued a $27.00 target price on shares of Teradata Corporation in a research report on Monday, September 11th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company’s stock. Teradata Corporation presently has a consensus rating of Hold and an average target price of $31.50.
Shares of Teradata Corporation (TDC) opened at $35.35 on Friday. Teradata Corporation has a 52 week low of $26.27 and a 52 week high of $38.08. The firm has a market capitalization of $4,277.35, a P/E ratio of 31.56, a price-to-earnings-growth ratio of 7.32 and a beta of 1.23. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.56 and a current ratio of 1.61.
Teradata Corporation (NYSE:TDC) last announced its earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.17. The business had revenue of $526.00 million during the quarter, compared to analyst estimates of $511.23 million. Teradata Corporation had a return on equity of 16.47% and a net margin of 3.01%. The company’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.69 earnings per share. equities analysts predict that Teradata Corporation will post 0.91 EPS for the current fiscal year.
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A number of hedge funds have recently modified their holdings of TDC. BlackRock Inc. boosted its position in Teradata Corporation by 5,397.6% in the 1st quarter. BlackRock Inc. now owns 7,801,522 shares of the technology company’s stock valued at $242,782,000 after buying an additional 7,659,614 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Teradata Corporation by 24.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,293,085 shares of the technology company’s stock worth $185,598,000 after purchasing an additional 1,221,193 shares during the last quarter. Victory Capital Management Inc. purchased a new stake in shares of Teradata Corporation during the 3rd quarter worth $33,107,000. Frontier Capital Management Co. LLC purchased a new stake in shares of Teradata Corporation during the 2nd quarter worth $22,262,000. Finally, Bank of New York Mellon Corp lifted its position in shares of Teradata Corporation by 6.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 12,436,915 shares of the technology company’s stock worth $366,764,000 after purchasing an additional 705,690 shares during the last quarter.
Teradata Corporation Company Profile
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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