Shares of Teradata Corporation (NYSE:TDC) have been given an average recommendation of “Hold” by the fourteen analysts that are presently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $31.75.
TDC has been the subject of several analyst reports. Summit Redstone raised shares of Teradata from a “hold” rating to a “buy” rating in a research note on Monday, November 13th. Needham & Company LLC initiated coverage on shares of Teradata in a research note on Monday, September 11th. They issued a “hold” rating for the company. Deutsche Bank raised their price objective on shares of Teradata from $30.00 to $32.00 and gave the stock a “hold” rating in a research note on Tuesday, October 24th. Royal Bank of Canada reissued a “hold” rating and issued a $30.00 price objective on shares of Teradata in a research note on Wednesday, October 18th. Finally, BMO Capital Markets raised their price objective on shares of Teradata from $32.00 to $40.00 and gave the stock a “market perform” rating in a research note on Friday, November 3rd.
Shares of Teradata (NYSE TDC) traded down $0.23 during midday trading on Thursday, reaching $38.97. 753,450 shares of the company’s stock traded hands, compared to its average volume of 1,625,223. The company has a current ratio of 1.61, a quick ratio of 1.56 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $4,666.37, a P/E ratio of 34.43, a P/E/G ratio of 14.19 and a beta of 1.26. Teradata has a twelve month low of $26.55 and a twelve month high of $39.33.
Teradata (NYSE:TDC) last announced its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.17. The business had revenue of $526.00 million during the quarter, compared to the consensus estimate of $511.23 million. Teradata had a net margin of 3.01% and a return on equity of 16.47%. The firm’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.69 earnings per share. research analysts predict that Teradata will post 0.91 earnings per share for the current fiscal year.
In related news, CFO Mark Culhane purchased 4,500 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was purchased at an average price of $37.66 per share, with a total value of $169,470.00. Following the completion of the purchase, the chief financial officer now owns 29,924 shares of the company’s stock, valued at approximately $1,126,937.84. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.73% of the company’s stock.
Several institutional investors have recently bought and sold shares of the company. ETF Managers Group LLC bought a new position in Teradata in the second quarter worth approximately $130,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Teradata by 9.9% in the second 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 in the last quarter. GW Henssler & Associates Ltd. bought a new position in Teradata in the second quarter worth approximately $202,000. PNC Financial Services Group Inc. raised its stake in Teradata by 0.4% in the second quarter. PNC Financial Services Group Inc. now owns 7,236 shares of the technology company’s stock worth $213,000 after buying an additional 31 shares in the last quarter. Finally, Commerce Bank bought a new position in Teradata in the third quarter worth approximately $223,000. 97.89% of the stock is owned by hedge funds and other institutional investors.
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Teradata 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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