Teradata Co. (NYSE:TDC) Director William S. Stavropoulos sold 7,496 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $36.44, for a total transaction of $273,154.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Teradata Co. (NYSE TDC) opened at $36.71 on Friday. The firm has a market cap of $4,440.00, a price-to-earnings ratio of 74.92, a PEG ratio of 11.58 and a beta of 1.23. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.62 and a current ratio of 1.65. Teradata Co. has a twelve month low of $27.05 and a twelve month high of $42.74.
Teradata (NYSE:TDC) last released its quarterly earnings results on Thursday, February 8th. The technology company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.18. The business had revenue of $626.00 million for the quarter, compared to the consensus estimate of $610.50 million. Teradata had a negative net margin of 3.11% and a positive return on equity of 15.54%. Teradata’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 EPS. sell-side analysts forecast that Teradata Co. will post 1.07 earnings per share for the current fiscal year.
Teradata declared that its board has authorized a share repurchase plan on Thursday, February 8th that allows the company to buyback $310.00 million in outstanding shares. This buyback authorization allows the technology company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.
A number of equities research analysts have issued reports on TDC shares. Zacks Investment Research downgraded shares of Teradata from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Mizuho reiterated an “underperform” rating and issued a $32.00 target price (up previously from $26.00) on shares of Teradata in a research report on Wednesday, November 1st. UBS Group increased their target price on shares of Teradata from $24.00 to $30.00 and gave the stock a “sell” rating in a research report on Thursday, November 9th. Morgan Stanley upgraded shares of Teradata from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $31.00 to $40.00 in a research report on Tuesday, January 23rd. Finally, Summit Redstone upgraded shares of Teradata from a “hold” rating to a “buy” rating in a research report on Monday, November 13th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $34.82.
Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in shares of Teradata by 1.1% during the 4th quarter. BlackRock Inc. now owns 10,925,922 shares of the technology company’s stock valued at $420,211,000 after purchasing an additional 118,571 shares in the last quarter. Alyeska Investment Group L.P. raised its holdings in shares of Teradata by 259.2% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,764,202 shares of the technology company’s stock valued at $93,402,000 after purchasing an additional 1,994,620 shares in the last quarter. TIAA CREF Investment Management LLC raised its holdings in shares of Teradata by 41.7% during the 4th quarter. TIAA CREF Investment Management LLC now owns 2,752,371 shares of the technology company’s stock valued at $105,856,000 after purchasing an additional 809,993 shares in the last quarter. Teachers Advisors LLC raised its holdings in shares of Teradata by 28.1% during the 4th quarter. Teachers Advisors LLC now owns 2,399,320 shares of the technology company’s stock valued at $92,278,000 after purchasing an additional 526,066 shares in the last quarter. Finally, Jupiter Asset Management Ltd. raised its holdings in shares of Teradata by 7.6% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 2,392,621 shares of the technology company’s stock valued at $80,847,000 after purchasing an additional 169,000 shares in the last quarter. Institutional investors and hedge funds own 97.94% of the company’s stock.
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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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