Teradata (NYSE:TDC) Given New $26.00 Price Target at UBS Group

Teradata (NYSE:TDC) had its price objective hoisted by equities research analysts at UBS Group from $24.00 to $26.00 in a research note issued on Tuesday, Benzinga reports. The firm presently has a “sell” rating on the technology company’s stock. UBS Group’s price objective would suggest a potential downside of 10.59% from the company’s current price.

TDC has been the topic of several other research reports. JMP Securities cut shares of Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. Northland Securities lowered their target price on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 6th. Morgan Stanley decreased their target price on Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday, August 6th. Finally, Barclays lowered their price target on Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a research note on Tuesday. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Teradata has a consensus rating of “Hold” and a consensus price target of $39.91.

Teradata Stock Performance

Shares of NYSE TDC traded down $4.30 during mid-day trading on Tuesday, reaching $29.08. 1,269,036 shares of the company were exchanged, compared to its average volume of 935,458. Teradata has a twelve month low of $24.02 and a twelve month high of $49.44. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 6.87. The company’s 50-day simple moving average is $30.06 and its 200-day simple moving average is $31.69. The stock has a market capitalization of $2.79 billion, a P/E ratio of 46.16, a P/E/G ratio of 3.08 and a beta of 0.80.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The firm had revenue of $440.00 million for the quarter, compared to the consensus estimate of $417.71 million. During the same quarter in the previous year, the company earned $0.14 EPS. The company’s revenue for the quarter was up .5% on a year-over-year basis. As a group, research analysts predict that Teradata will post 1.3 earnings per share for the current year.

Insider Activity

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the sale, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the sale, the insider now directly owns 121,382 shares in the company, valued at $3,341,646.46. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.86% of the company’s stock.

Institutional Trading of Teradata

A number of institutional investors and hedge funds have recently modified their holdings of TDC. Crewe Advisors LLC acquired a new stake in shares of Teradata in the 2nd quarter valued at approximately $26,000. GAMMA Investing LLC grew its position in Teradata by 88.0% in the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after acquiring an additional 447 shares during the last quarter. Hexagon Capital Partners LLC lifted its stake in shares of Teradata by 111.4% in the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after acquiring an additional 507 shares during the period. Allworth Financial LP lifted its stake in Teradata by 75.2% in the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after buying an additional 569 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in shares of Teradata by 2,934.1% during the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock valued at $44,000 after acquiring an additional 1,291 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.

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.