Teradata (TDC) to Release Quarterly Earnings on Monday

Teradata (NYSE:TDC) will post its quarterly earnings results after the market closes on Monday, August 5th. Analysts expect Teradata to post earnings of $0.48 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Teradata (NYSE:TDC) last released its earnings results on Monday, May 6th. The technology company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.02. The company had revenue of $465.00 million for the quarter, compared to the consensus estimate of $461.93 million. Teradata had a return on equity of 70.34% and a net margin of 2.31%. Teradata’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.40 earnings per share. On average, analysts expect Teradata to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Teradata Price Performance

NYSE TDC opened at $30.46 on Friday. The company has a market capitalization of $2.95 billion, a PE ratio of 72.52, a price-to-earnings-growth ratio of 2.13 and a beta of 0.84. The company has a debt-to-equity ratio of 9.83, a quick ratio of 0.77 and a current ratio of 0.78. The business’s fifty day moving average is $33.07 and its 200 day moving average is $37.03. Teradata has a fifty-two week low of $29.95 and a fifty-two week high of $56.31.

Insider Transactions at Teradata

In other news, insider Michael D. Hutchinson sold 18,500 shares of Teradata stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $32.96, for a total value of $609,760.00. Following the sale, the insider now directly owns 55,190 shares of the company’s stock, valued at $1,819,062.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Michael D. Hutchinson sold 18,500 shares of Teradata stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $32.96, for a total value of $609,760.00. Following the sale, the insider now directly owns 55,190 shares of the company’s stock, valued at $1,819,062.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Stephen Mcmillan sold 10,000 shares of Teradata stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $31.95, for a total value of $319,500.00. Following the completion of the transaction, the chief executive officer now owns 393,579 shares of the company’s stock, valued at approximately $12,574,849.05. The disclosure for this sale can be found here. Insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

TDC has been the topic of several analyst reports. Royal Bank of Canada lowered their target price on Teradata from $48.00 to $44.00 and set a “sector perform” rating on the stock in a research report on Tuesday, May 7th. UBS Group initiated coverage on Teradata in a research report on Friday, July 19th. They set a “sell” rating and a $32.00 target price on the stock. StockNews.com downgraded Teradata from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 12th. TD Cowen decreased their price target on Teradata from $46.00 to $40.00 and set a “hold” rating on the stock in a report on Tuesday, May 7th. Finally, Guggenheim reissued a “buy” rating and set a $60.00 price target on shares of Teradata in a report on Tuesday, June 25th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $49.25.

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.