Shares of Teradata Co. (NYSE:TDC) have received an average rating of “Hold” from the fifteen ratings firms that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $31.75.
TDC has been the topic of a number of recent research reports. Royal Bank of Canada restated a “hold” rating and set a $30.00 price target on shares of Teradata in a report on Wednesday, October 18th. Deutsche Bank raised their price target on shares of Teradata from $30.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, October 24th. Mizuho reiterated an “underperform” rating and issued a $32.00 target price (up from $26.00) on shares of Teradata in a research note on Wednesday, November 1st. BMO Capital Markets raised their target price on shares of Teradata from $32.00 to $40.00 and gave the company a “market perform” rating in a research note on Friday, November 3rd. Finally, Morgan Stanley raised their target price on shares of Teradata from $29.00 to $31.00 and gave the company an “underweight” rating in a research note on Friday, November 3rd.
In other news, CFO Mark Culhane purchased 4,500 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average cost of $37.66 per share, with a total value of $169,470.00. Following the acquisition, the chief financial officer now directly owns 29,924 shares of the company’s stock, valued at approximately $1,126,937.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.73% of the stock is currently owned by insiders.
A number of hedge funds have recently made changes to their positions in the stock. ETF Managers Group LLC bought a new position in shares of Teradata in the second quarter worth about $130,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of 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 acquiring an additional 469 shares during the last quarter. Commerce Bank bought a new position in shares of Teradata in the third quarter worth about $223,000. PNC Financial Services Group Inc. raised its stake in shares of 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 acquiring an additional 31 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI grew its position in shares of Teradata by 20.9% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 7,819 shares of the technology company’s stock worth $231,000 after buying an additional 1,354 shares during the period. 97.89% of the stock is owned by hedge funds and other institutional investors.
Teradata (NYSE:TDC) traded down $0.41 during mid-day trading on Monday, reaching $37.99. 966,900 shares of the company’s stock were exchanged, compared to its average volume of 872,686. Teradata has a 12 month low of $27.05 and a 12 month high of $39.33. 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 stock has a market cap of $4,620.00, a P/E ratio of 75.98, a price-to-earnings-growth ratio of 12.94 and a beta of 1.26.
Teradata (NYSE:TDC) last released its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.17. The business had revenue of $526.00 million for 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%. Teradata’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.69 EPS. analysts expect that Teradata will post 0.91 EPS for the current fiscal year.
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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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