Teradata Co. (NYSE:TDC) Receives $34.40 Consensus Target Price from Brokerages

Teradata Co. (NYSE:TDC) has been given a consensus rating of “Hold” by the ten brokerages that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $34.40.

A number of brokerages have commented on TDC. Northland Securities reduced their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Barclays dropped their target price on Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 12th. StockNews.com lowered Teradata from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 13th. Royal Bank of Canada dropped 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. Finally, Evercore ISI dropped their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th.

Teradata Price Performance

Shares of Teradata stock opened at $24.37 on Friday. Teradata has a twelve month low of $22.73 and a twelve month high of $39.70. The stock has a market capitalization of $2.33 billion, a P/E ratio of 20.82, a PEG ratio of 6.23 and a beta of 0.78. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The business’s fifty day moving average price is $30.06 and its 200 day moving average price is $30.04.

Teradata (NYSE:TDC) last issued 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 6.51% and a return on equity of 149.16%. As a group, research analysts anticipate that Teradata will post 1.31 earnings per share for the current year.

Hedge Funds Weigh In On Teradata

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Crossmark Global Holdings Inc. boosted its position in shares of Teradata by 4.6% during the third quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock worth $219,000 after buying an additional 315 shares during the period. Venturi Wealth Management LLC boosted its position in shares of Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock worth $66,000 after buying an additional 365 shares during the period. Tealwood Asset Management Inc. boosted its position in shares of Teradata by 0.9% during the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock worth $1,266,000 after buying an additional 368 shares during the period. Xponance Inc. boosted its position in shares of Teradata by 2.3% during the fourth quarter. Xponance Inc. now owns 19,074 shares of the technology company’s stock worth $594,000 after buying an additional 428 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Teradata by 3.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company’s stock worth $361,000 after buying an additional 431 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

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.