Teradata Co. (NYSE:TDC) Receives Consensus Recommendation of “Hold” from Analysts

Teradata Co. (NYSE:TDC) has received an average recommendation of “Hold” from the eleven analysts that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $40.00.

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

Teradata Trading Down 0.8 %

NYSE TDC opened at $31.92 on Monday. Teradata has a 12 month low of $24.02 and a 12 month high of $49.44. The stock has a market capitalization of $3.06 billion, a P/E ratio of 38.00, a PEG ratio of 3.32 and a beta of 0.79. The firm’s 50-day moving average is $31.43 and its two-hundred day moving average is $30.46. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79.

Teradata (NYSE:TDC) last posted its quarterly earnings data 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. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. During the same quarter last year, the company posted $0.14 EPS. The firm’s quarterly revenue was up .5% on a year-over-year basis. On average, sell-side analysts anticipate that Teradata will post 1.41 earnings per share for the current year.

Hedge Funds Weigh In On Teradata

Hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its holdings in shares of Teradata by 4.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,661,873 shares of the technology company’s stock valued at $57,436,000 after buying an additional 63,441 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in Teradata by 30.0% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 9,126 shares of the technology company’s stock valued at $313,000 after acquiring an additional 2,106 shares in the last quarter. ProShare Advisors LLC grew its holdings in shares of Teradata by 45.8% during the second quarter. ProShare Advisors LLC now owns 14,011 shares of the technology company’s stock worth $484,000 after purchasing an additional 4,398 shares during the last quarter. AXA S.A. increased its position in shares of Teradata by 1.4% during the second quarter. AXA S.A. now owns 114,036 shares of the technology company’s stock worth $3,941,000 after purchasing an additional 1,611 shares in the last quarter. Finally, Dark Forest Capital Management LP acquired a new stake in shares of Teradata in the 2nd quarter valued at about $342,000. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Company Profile

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.