Teradata (NYSE:TDC) has been assigned an average rating of “Hold” from the sixteen analysts that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $36.56.
Several analysts recently issued reports on the company. Wells Fargo upped their target price on Teradata from $30.00 to $35.00 and gave the stock an “underperform” rating in a report on Thursday, May 10th. Stifel Nicolaus upped their target price on Teradata from $42.00 to $45.00 and gave the stock a “hold” rating in a report on Friday, May 4th. Zacks Investment Research lowered Teradata from a “hold” rating to a “sell” rating in a report on Monday, February 12th. Sanford C. Bernstein upgraded Teradata from an “underperform” rating to a “market perform” rating in a report on Monday, March 5th. Finally, ValuEngine upgraded Teradata from a “hold” rating to a “buy” rating in a report on Friday, March 2nd.
TDC opened at $38.00 on Friday. Teradata has a 52-week low of $37.45 and a 52-week high of $37.99. The stock has a market cap of $4.79 billion, a P/E ratio of 46.91, a P/E/G ratio of 14.15 and a beta of 1.20. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.63 and a current ratio of 1.68.
Teradata (NYSE:TDC) last released its earnings results on Thursday, May 3rd. The technology company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.03. Teradata had a positive return on equity of 14.76% and a negative net margin of 3.32%. The business had revenue of $506.00 million for the quarter, compared to analyst estimates of $495.95 million. During the same quarter in the prior year, the company posted $0.28 earnings per share. Teradata’s revenue was up 3.1% on a year-over-year basis. equities research analysts predict that Teradata will post 0.93 EPS for the current year.
Teradata announced that its board has initiated a stock repurchase plan on Thursday, February 8th that allows the company to repurchase $310.00 million in outstanding shares. This repurchase authorization allows the technology company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.
In other Teradata news, General Counsel Laura K. Nyquist sold 52,379 shares of the company’s stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $41.52, for a total value of $2,174,776.08. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director William S. Stavropoulos sold 7,496 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $36.44, for a total value of $273,154.24. The disclosure for this sale can be found here. Insiders sold 67,371 shares of company stock worth $2,761,638 in the last 90 days. Corporate insiders own 1.22% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. increased its stake in shares of Teradata by 6.3% during the first quarter. BlackRock Inc. now owns 11,613,641 shares of the technology company’s stock worth $460,713,000 after purchasing an additional 687,719 shares during the period. TIAA CREF Investment Management LLC increased its stake in shares of Teradata by 41.7% during the fourth quarter. TIAA CREF Investment Management LLC now owns 2,752,371 shares of the technology company’s stock worth $105,856,000 after purchasing an additional 809,993 shares during the period. Teachers Advisors LLC increased its stake in shares of Teradata by 28.1% during the fourth quarter. Teachers Advisors LLC now owns 2,399,320 shares of the technology company’s stock worth $92,278,000 after purchasing an additional 526,066 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of Teradata by 1.5% during the first quarter. Thrivent Financial for Lutherans now owns 1,976,044 shares of the technology company’s stock worth $78,389,000 after purchasing an additional 29,045 shares during the period. Finally, Thrivent Financial For Lutherans increased its stake in shares of Teradata by 6.3% during the fourth quarter. Thrivent Financial For Lutherans now owns 1,946,999 shares of the technology company’s stock worth $74,882,000 after purchasing an additional 116,162 shares during the period. Institutional investors own 97.94% of the company’s stock.
Teradata Corporation provides analytic data solutions and related services worldwide. The company operates through Americas Data and Analytics, and International Data and Analytics segments. Its analytic data solutions comprise software, hardware, and related business consulting and support services.
Receive News & Ratings for Teradata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradata and related companies with MarketBeat.com's FREE daily email newsletter.