News stories about Teradata (NYSE:TDC) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Teradata earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 47.0494173150593 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
TDC has been the subject of several research reports. ValuEngine upgraded shares of Teradata from a “hold” rating to a “buy” rating in a research note on Friday, March 2nd. Bank of America lowered their price objective on shares of Teradata from $48.00 to $45.00 and set a “buy” rating for the company in a research note on Friday, February 9th. Zacks Investment Research upgraded shares of Teradata from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research note on Tuesday, January 2nd. Morgan Stanley upgraded shares of Teradata from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $31.00 to $40.00 in a research note on Tuesday, January 23rd. Finally, Sanford C. Bernstein upgraded shares of Teradata from an “underperform” rating to a “market perform” rating in a research note on Monday, March 5th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $34.82.
Teradata (NYSE:TDC) traded down $0.81 during midday trading on Friday, reaching $39.90. 1,045,281 shares of the company were exchanged, compared to its average volume of 1,384,005. The firm has a market capitalization of $5,116.68, a P/E ratio of -71.25, a PEG ratio of 13.11 and a beta of 1.27. Teradata has a 52 week low of $27.05 and a 52 week high of $42.84. The company has a quick ratio of 1.62, a current ratio of 1.65 and a debt-to-equity ratio of 0.72.
Teradata (NYSE:TDC) last posted its earnings results on Thursday, February 8th. The technology company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.18. The company had revenue of $626.00 million during 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%. The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 earnings per share. equities analysts predict that Teradata will post 1.07 earnings per share for the current year.
Teradata declared that its board has initiated a share repurchase plan on Thursday, February 8th that allows the company to buyback $310.00 million in shares. This buyback authorization allows the technology company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.
In other Teradata news, General Counsel Laura K. Nyquist sold 52,379 shares of Teradata stock in a transaction on Monday, March 5th. The shares were sold at an average price of $41.52, for a total value of $2,174,776.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James M. Ringler sold 7,496 shares of Teradata stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $41.85, for a total transaction of $313,707.60. The disclosure for this sale can be found here. Insiders have sold 67,371 shares of company stock valued at $2,761,638 over the last 90 days. 1.22% of the stock is currently owned by insiders.
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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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