Shares of Teradata Co. (NYSE:TDC) have been assigned a consensus recommendation of “Hold” from the seventeen brokerages that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $38.11.
A number of equities analysts recently commented on TDC shares. Stifel Nicolaus upgraded Teradata from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $45.00 to $49.00 in a report on Thursday, May 31st. Mizuho upgraded Teradata from an “underperform” rating to a “buy” rating in a report on Wednesday, May 30th. Sanford C. Bernstein upgraded Teradata from an “underperform” rating to a “market perform” rating in a report on Monday, March 5th. BMO Capital Markets reduced their price objective on Teradata from $42.00 to $40.00 and set a “market perform” rating for the company in a report on Friday, May 4th. Finally, Citigroup initiated coverage on shares of Teradata in a research report on Thursday. They issued a “neutral” rating and a $42.00 price target for the company.
Several hedge funds have recently added to or reduced their stakes in TDC. TIAA CREF Investment Management LLC raised its holdings in shares of Teradata by 41.7% in the 4th quarter. TIAA CREF Investment Management LLC now owns 2,752,371 shares of the technology company’s stock worth $105,856,000 after acquiring an additional 809,993 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Teradata by 6.3% in the 1st quarter. BlackRock Inc. now owns 11,613,641 shares of the technology company’s stock worth $460,713,000 after acquiring an additional 687,719 shares during the last quarter. Teachers Advisors LLC raised its holdings in shares of Teradata by 28.1% in the 4th quarter. Teachers Advisors LLC now owns 2,399,320 shares of the technology company’s stock worth $92,278,000 after acquiring an additional 526,066 shares during the last quarter. Mackay Shields LLC acquired a new stake in shares of Teradata in the 1st quarter worth about $20,801,000. Finally, Fiera Capital Corp raised its holdings in shares of Teradata by 46.9% in the 1st quarter. Fiera Capital Corp now owns 1,000,323 shares of the technology company’s stock worth $39,683,000 after acquiring an additional 319,238 shares during the last quarter. 97.50% of the stock is currently owned by institutional investors.
Shares of TDC traded up $0.86 during midday trading on Monday, hitting $41.01. The stock had a trading volume of 970,000 shares, compared to its average volume of 1,204,976. Teradata has a twelve month low of $28.33 and a twelve month high of $44.27. The company has a market capitalization of $4.87 billion, a price-to-earnings ratio of 50.63, a P/E/G ratio of 13.85 and a beta of 1.13. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.68 and a quick ratio of 1.63.
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, beating analysts’ consensus estimates of $0.16 by $0.03. The business had revenue of $506.00 million for the quarter, compared to the consensus estimate of $495.95 million. Teradata had a positive return on equity of 14.76% and a negative net margin of 3.32%. Teradata’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.28 earnings per share. sell-side analysts anticipate that Teradata will post 0.97 earnings per share for the current fiscal year.
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.