Teradata Corporation (NYSE:TDC) had its price objective raised by Deutsche Bank AG from $30.00 to $32.00 in a report issued on Tuesday, October 24th. They currently have a hold rating on the technology company’s stock.
A number of other brokerages also recently weighed in on TDC. Royal Bank of Canada reissued a hold rating and set a $30.00 price target on shares of Teradata Corporation in a research report on Wednesday, October 18th. BidaskClub upgraded Teradata Corporation from a hold rating to a buy rating in a research note on Friday, August 4th. Sanford C. Bernstein reiterated an underperform rating and issued a $27.00 price target on shares of Teradata Corporation in a research note on Monday, September 11th. BMO Capital Markets increased their price objective on Teradata Corporation from $30.00 to $32.00 and gave the company a market perform rating in a report on Friday, July 28th. Finally, Stifel Nicolaus restated a hold rating and issued a $32.00 price objective on shares of Teradata Corporation in a report on Monday, August 14th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $31.50.
Shares of Teradata Corporation (TDC) opened at $35.35 on Tuesday. Teradata Corporation has a 52-week low of $26.27 and a 52-week high of $38.08. The stock has a market capitalization of $4,266.46, a price-to-earnings ratio of 31.48, a PEG ratio of 7.30 and a beta of 1.23. The company has a current ratio of 1.61, a quick ratio of 1.56 and a debt-to-equity ratio of 0.69.
Teradata Corporation (NYSE:TDC) last issued its earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.17. Teradata Corporation had a return on equity of 16.47% and a net margin of 3.01%. The business had revenue of $526.00 million during the quarter, compared to analysts’ expectations of $511.23 million. During the same period in the prior year, the firm posted $0.69 EPS. Teradata Corporation’s quarterly revenue was down 4.7% compared to the same quarter last year. research analysts anticipate that Teradata Corporation will post 0.91 EPS for the current fiscal year.
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A number of hedge funds have recently added to or reduced their stakes in the business. ETF Managers Group LLC bought a new stake in shares of Teradata Corporation in the 2nd quarter worth about $130,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Teradata Corporation by 9.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,183 shares of the technology company’s stock worth $153,000 after buying an additional 469 shares during the period. GW Henssler & Associates Ltd. purchased a new position in Teradata Corporation during the 2nd quarter valued at about $202,000. PNC Financial Services Group Inc. increased its position in Teradata Corporation by 0.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,236 shares of the technology company’s stock valued at $213,000 after purchasing an additional 31 shares during the period. Finally, Commerce Bank bought a new stake in shares of Teradata Corporation in the 3rd quarter valued at about $223,000.
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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