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

Shares of Teradata Co. (NYSE:TDC) have earned a consensus recommendation of “Hold” from the ten ratings firms that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $33.70.

A number of equities analysts recently commented on the company. Royal Bank of Canada reduced their price target on Teradata from $32.00 to $29.00 and set a “sector perform” 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. StockNews.com downgraded Teradata from a “strong-buy” rating to a “buy” rating in a report on Tuesday, April 8th. Barclays decreased their price objective on shares of Teradata from $25.00 to $22.00 and set an “underweight” rating on the stock in a report on Monday, April 21st. Finally, Morgan Stanley upgraded shares of Teradata from an “equal weight” rating to an “overweight” rating and set a $26.00 target price for the company in a research note on Tuesday, April 8th.

Teradata Stock Down 0.6 %

NYSE:TDC opened at $21.97 on Wednesday. The company has a market cap of $2.11 billion, a PE ratio of 18.77, a PEG ratio of 6.23 and a beta of 0.80. The stock has a 50-day simple moving average of $21.91 and a 200 day simple moving average of $27.49. 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 has a 52-week low of $18.43 and a 52-week high of $35.60.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.09. The firm had revenue of $418.00 million for the quarter, compared to analyst estimates of $423.85 million. Teradata had a net margin of 6.51% and a return on equity of 149.16%. The company’s revenue was down 10.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.57 EPS. On average, sell-side analysts expect that Teradata will post 1.31 EPS for the current fiscal year.

Institutional Trading of Teradata

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. raised its position in shares of Teradata by 12.4% in the fourth quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company’s stock valued at $169,756,000 after buying an additional 599,394 shares in the last quarter. AQR Capital Management LLC raised its holdings in Teradata by 17.2% in the 4th quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company’s stock valued at $88,029,000 after acquiring an additional 416,585 shares in the last quarter. Pacer Advisors Inc. lifted its position in shares of Teradata by 5.2% during the 4th quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company’s stock valued at $67,899,000 after acquiring an additional 108,426 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Teradata by 8.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,217,654 shares of the technology company’s stock worth $37,930,000 after purchasing an additional 91,211 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Teradata in the fourth quarter worth $36,315,000. Institutional investors and hedge funds own 90.31% of the company’s stock.

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.