UBS Group Issues Positive Forecast for Teradata (NYSE:TDC) Stock Price

Teradata (NYSE:TDC) had its price target upped by UBS Group from $24.00 to $26.00 in a research note published on Tuesday morning,Benzinga reports. They currently have a sell rating on the technology company’s stock.

A number of other equities analysts have also weighed in on the company. Morgan Stanley decreased their price target on Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 6th. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Evercore ISI upped their price target on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Northland Securities cut their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, Barclays decreased their target price on Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a research report on Tuesday. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $39.91.

Teradata Price Performance

NYSE:TDC opened at $29.88 on Tuesday. Teradata has a 52-week low of $24.02 and a 52-week high of $49.44. The company has a quick ratio of 0.72, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The firm has a market cap of $2.86 billion, a P/E ratio of 35.57, a PEG ratio of 1.76 and a beta of 0.80. The business’s 50-day moving average price is $30.16 and its 200 day moving average price is $31.56.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The firm had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the firm posted $0.14 earnings per share. As a group, sell-side analysts predict that Teradata will post 2.32 earnings per share for the current fiscal year.

Insider Transactions at Teradata

In related news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the sale, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The sale 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 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 transaction of $156,750.00. Following the completion of the sale, the insider now owns 96,783 shares of the company’s stock, valued at $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was 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 owns 121,382 shares of the company’s stock, valued at $3,341,646.46. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by company insiders.

Institutional Trading of Teradata

Hedge funds have recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. bought a new position in Teradata in the 3rd quarter worth approximately $341,000. Quest Partners LLC bought a new position in Teradata during the third quarter worth $366,000. Thrivent Financial for Lutherans raised its stake in Teradata by 72.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 40,683 shares of the technology company’s stock valued at $1,235,000 after purchasing an additional 17,129 shares during the last quarter. Gladius Capital Management LP boosted its holdings in Teradata by 42.9% in the 3rd quarter. Gladius Capital Management LP now owns 30,004 shares of the technology company’s stock valued at $910,000 after purchasing an additional 9,007 shares during the period. Finally, Natixis Advisors LLC grew its position in Teradata by 27.0% in the 3rd quarter. Natixis Advisors LLC now owns 13,799 shares of the technology company’s stock worth $419,000 after purchasing an additional 2,935 shares during the last quarter. Institutional investors own 90.31% of the company’s stock.

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.