Teradata Co. (NYSE:TDC) Receives $39.91 Average Price Target from Analysts

Teradata Co. (NYSE:TDC) has been assigned a consensus recommendation of “Hold” from the eleven analysts that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $39.91.

TDC has been the topic of several research reports. TD Cowen dropped their price objective on shares of Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research note on Tuesday, August 6th. Northland Securities reduced their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Morgan Stanley dropped their target price on Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 6th. Barclays reduced their price target on Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a report on Tuesday, November 5th. Finally, Evercore ISI upped their price target on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th.

Teradata Trading Down 2.1 %

NYSE:TDC opened at $28.97 on Wednesday. The firm has a market capitalization of $2.77 billion, a P/E ratio of 34.49, a P/E/G ratio of 2.85 and a beta of 0.80. Teradata has a 52 week low of $24.02 and a 52 week high of $49.44. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The company has a fifty day moving average of $30.33 and a 200 day moving average of $31.20.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The company had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. During the same quarter last year, the firm posted $0.14 earnings per share. The firm’s revenue was up .5% on a year-over-year basis. On average, research analysts predict that Teradata will post 1.41 earnings per share for the current 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 transaction of $156,750.00. Following the completion of the transaction, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. This represents a 5.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction on 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 owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 10.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.92% of the company’s stock.

Institutional Trading of Teradata

Several hedge funds have recently modified their holdings of the company. Crewe Advisors LLC bought a new position in Teradata during the second quarter valued at $26,000. Point72 Asset Management L.P. bought a new position in Teradata during the 3rd quarter valued at about $27,000. GAMMA Investing LLC raised its position in Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after purchasing an additional 447 shares during the period. Hexagon Capital Partners LLC lifted its stake in 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 purchasing an additional 507 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new position in shares of Teradata during the third quarter valued at approximately $32,000. 90.31% of the stock is 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.