Barclays Has Lowered Expectations for Teradata (NYSE:TDC) Stock Price

Teradata (NYSE:TDC) had its price objective reduced by Barclays from $30.00 to $25.00 in a report released on Wednesday,Benzinga reports. They currently have an underweight rating on the technology company’s stock.

Several other equities research analysts also recently issued reports on TDC. UBS Group raised their price objective on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research report on Tuesday, November 5th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $32.00 price target on shares of Teradata in a research note on Tuesday, November 5th. Northland Securities dropped their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Finally, Evercore ISI boosted their target price on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $34.40.

Teradata Stock Down 20.3 %

NYSE:TDC opened at $24.61 on Wednesday. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of 29.30, a PEG ratio of 3.19 and a beta of 0.78. The stock has a 50-day moving average price of $31.53 and a two-hundred day moving average price of $30.31. Teradata has a 1 year low of $22.73 and a 1 year high of $39.70.

Teradata (NYSE:TDC) last released its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 4.56% and a return on equity of 145.40%. As a group, equities analysts expect that Teradata will post 1.41 earnings per share for the current year.

Institutional Trading of Teradata

Hedge funds have recently bought and sold shares of the company. Point72 Asset Management L.P. bought a new stake in Teradata in the third quarter valued at approximately $27,000. GAMMA Investing LLC boosted its position in Teradata by 88.0% during the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after acquiring an additional 447 shares in the last quarter. Brooklyn Investment Group purchased a new stake in Teradata in the third quarter worth $32,000. Independence Bank of Kentucky purchased a new position in Teradata during the 4th quarter valued at about $37,000. Finally, Allworth Financial LP grew its stake in shares of Teradata by 75.2% in the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after buying an additional 569 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.