Teradata Co. (NYSE:TDC) Receives $40.00 Consensus PT from Analysts

Shares of Teradata Co. (NYSE:TDC) have been given an average recommendation of “Hold” by the eleven brokerages that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, four have given a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $40.00.

Several research firms have recently weighed in on TDC. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $32.00 price objective on shares of Teradata in a research note on Tuesday, November 5th. Northland Securities dropped their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Evercore ISI lifted their price target on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th. UBS Group increased their target price on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. Finally, Barclays upped their price objective on Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a research note on Friday, December 6th.

Institutional Trading of Teradata

Institutional investors have recently modified their holdings of the company. Point72 Asset Management L.P. acquired a new position in Teradata in the third quarter worth approximately $27,000. GAMMA Investing LLC raised its holdings in shares of Teradata by 88.0% during the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after acquiring an additional 447 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of Teradata during the third quarter worth $32,000. Allworth Financial LP boosted its position in Teradata by 75.2% during the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after purchasing an additional 569 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in Teradata by 2,934.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after purchasing an additional 1,291 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Stock Performance

NYSE TDC opened at $31.61 on Thursday. The stock has a market cap of $3.03 billion, a price-to-earnings ratio of 37.63, a price-to-earnings-growth ratio of 3.17 and a beta of 0.79. Teradata has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The business has a fifty day moving average of $31.28 and a 200-day moving average of $30.76.

Teradata (NYSE:TDC) last released its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.13. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The firm had revenue of $440.00 million for the quarter, compared to the consensus estimate of $417.71 million. During the same period in the prior year, the business posted $0.14 earnings per share. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. As a group, analysts predict that Teradata will post 1.41 earnings per share for the current fiscal year.

About Teradata

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.