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

Teradata Co. (NYSE:TDC) has received a consensus rating of “Hold” from the ten ratings firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $34.40.

TDC has been the topic of a number of recent analyst reports. Royal Bank of Canada decreased their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 12th. Guggenheim reduced their price objective on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 13th. JMP Securities restated a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Finally, Barclays decreased their price target on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 12th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Atria Investments Inc lifted its position in Teradata by 10.3% during the third quarter. Atria Investments Inc now owns 6,867 shares of the technology company’s stock worth $208,000 after buying an additional 643 shares in the last quarter. Crossmark Global Holdings Inc. raised its holdings in shares of Teradata by 4.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock worth $219,000 after acquiring an additional 315 shares during the period. GSA Capital Partners LLP acquired a new position in shares of Teradata during the 3rd quarter valued at about $373,000. Victory Capital Management Inc. grew its holdings in shares of Teradata by 2.0% in the third quarter. Victory Capital Management Inc. now owns 133,783 shares of the technology company’s stock valued at $4,059,000 after purchasing an additional 2,579 shares during the period. Finally, Natixis Advisors LLC increased its position in Teradata by 27.0% during the third 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. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Stock Up 2.5 %

TDC stock opened at $23.27 on Tuesday. The firm’s fifty day moving average is $27.65 and its 200 day moving average is $29.59. The firm has a market cap of $2.20 billion, a PE ratio of 19.89, a P/E/G ratio of 6.23 and a beta of 0.75. Teradata has a one year low of $21.80 and a one year high of $39.70. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. On average, research analysts forecast that Teradata will post 1.31 EPS for the current year.

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.