Analysts Set Teradata Co. (NYSE:TDC) PT at $34.40

Shares of Teradata Co. (NYSE:TDC) have been given an average recommendation of “Hold” by the ten brokerages that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $34.40.

A number of analysts recently commented on the company. Royal Bank of Canada decreased their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 12th. Evercore ISI reduced their price objective on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. Barclays reduced their price objective on Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a report on Wednesday, February 12th. JMP Securities reissued a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Finally, Guggenheim reduced their price objective on Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th.

Teradata Stock Performance

Shares of TDC opened at $22.97 on Tuesday. 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 company has a market capitalization of $2.17 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 6.23 and a beta of 0.75. The stock has a 50 day moving average of $27.02 and a 200 day moving average of $29.44. Teradata has a 12 month low of $21.80 and a 12 month high of $39.70.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS 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, sell-side analysts forecast that Teradata will post 1.31 earnings per share for the current year.

Hedge Funds Weigh In On Teradata

Large investors have recently made changes to their positions in the stock. Point72 Asset Management L.P. bought a new position in shares of Teradata in the third quarter worth $27,000. Brooklyn Investment Group bought a new position in shares of Teradata in the third quarter worth $32,000. Independence Bank of Kentucky bought a new position in shares of Teradata in the fourth quarter worth $37,000. Aster Capital Management DIFC Ltd boosted its stake in Teradata by 53.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company’s stock valued at $49,000 after buying an additional 543 shares during the period. Finally, Groupama Asset Managment bought a new stake in Teradata during the third quarter valued at $50,000. 90.31% of the stock is owned by 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.