Teradata (NYSE:TDC – Get Rating) released its quarterly earnings data on Thursday. The technology company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01, Briefing.com reports. The firm had revenue of $430.00 million during the quarter, compared to the consensus estimate of $441.70 million. Teradata had a net margin of 6.76% and a return on equity of 42.19%. The firm’s revenue was down 12.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.51 earnings per share.
Teradata Stock Performance
Shares of NYSE TDC traded down $3.13 during midday trading on Friday, reaching $35.71. 2,306,045 shares of the company traded hands, compared to its average volume of 973,285. Teradata has a 52 week low of $33.38 and a 52 week high of $59.38. The stock has a 50-day moving average price of $37.72 and a 200 day moving average price of $41.95. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.87 and a quick ratio of 0.85. The company has a market cap of $3.74 billion, a price-to-earnings ratio of 30.78, a PEG ratio of 3.27 and a beta of 1.01.
Insider Activity at Teradata
In related news, CFO Claire Bramley sold 2,100 shares of Teradata stock in a transaction dated Thursday, May 26th. The shares were sold at an average price of $35.54, for a total transaction of $74,634.00. Following the sale, the chief financial officer now directly owns 99,622 shares in the company, valued at $3,540,565.88. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.92% of the company’s stock.
Institutional Investors Weigh In On Teradata
Analyst Upgrades and Downgrades
A number of equities analysts have commented on TDC shares. StockNews.com downgraded shares of Teradata from a “strong-buy” rating to a “buy” rating in a report on Thursday, May 5th. Craig Hallum decreased their price objective on shares of Teradata from $65.00 to $57.00 in a report on Friday, May 6th. Finally, Barclays decreased their price objective on shares of Teradata from $42.00 to $36.00 and set an “underweight” rating for the company in a report on Monday, July 18th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $56.40.
Teradata Company Profile
Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, a data platform that allows companies to leverage their data across an enterprise, as well as connects various sources of data to drive ecosystem simplification and support customers on their journey to the cloud through an integrated migration.
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