Analysts expect Teradata Co. (NYSE:TDC) to post earnings of $0.19 per share for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Teradata’s earnings, with the highest EPS estimate coming in at $0.22 and the lowest estimate coming in at $0.16. Teradata posted earnings of $0.37 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 48.6%. The business is expected to report its next quarterly earnings report before the market opens on Thursday, April 27th.
According to Zacks, analysts expect that Teradata will report full year earnings of $1.12 per share for the current fiscal year, with EPS estimates ranging from $0.91 to $1.37. For the next financial year, analysts forecast that the company will report earnings of $1.09 per share, with EPS estimates ranging from $0.66 to $1.32. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Teradata.
Teradata (NYSE:TDC) last released its quarterly earnings results on Thursday, February 9th. The technology company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.07. Teradata had a net margin of 5.38% and a return on equity of 32.35%. The firm earned $626 million during the quarter, compared to analyst estimates of $628.36 million. During the same quarter last year, the business earned $0.70 EPS. The company’s revenue was down 12.9% compared to the same quarter last year.
A number of research firms have issued reports on TDC. Mizuho downgraded Teradata from a “neutral” rating to an “underperform” rating and set a $26.00 price objective for the company. in a report on Friday, February 10th. BMO Capital Markets increased their price objective on Teradata from $27.00 to $32.00 and gave the stock a “market perform” rating in a report on Friday, February 10th. TheStreet upgraded Teradata from a “c” rating to a “b-” rating in a report on Thursday, March 9th. BTIG Research began coverage on Teradata in a report on Monday. They issued a “neutral” rating for the company. Finally, Zacks Investment Research downgraded Teradata from a “hold” rating to a “strong sell” rating in a report on Monday, January 30th. Six research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $27.60.
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Teradata (NYSE:TDC) traded down 2.76% on Friday, reaching $31.06. 1,605,340 shares of the company’s stock traded hands. The firm’s 50-day moving average is $30.82 and its 200 day moving average is $29.34. The firm has a market cap of $4.06 billion, a PE ratio of 32.69 and a beta of 1.33. Teradata has a 12 month low of $24.21 and a 12 month high of $33.32.
In other news, General Counsel Laura K. Nyquist sold 23,892 shares of Teradata stock in a transaction dated Friday, February 17th. The stock was sold at an average price of $31.02, for a total transaction of $741,129.84. Following the transaction, the general counsel now directly owns 60,581 shares of the company’s stock, valued at approximately $1,879,222.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Nancy E. Cooper sold 860 shares of Teradata stock in a transaction dated Thursday, February 16th. The shares were sold at an average price of $31.05, for a total value of $26,703.00. Following the transaction, the director now directly owns 34,297 shares in the company, valued at $1,064,921.85. The disclosure for this sale can be found here. Insiders sold 28,004 shares of company stock worth $869,425 over the last three months. Insiders own 2.64% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank bought a new position in Teradata during the fourth quarter worth $35,022,000. FIL Ltd increased its stake in shares of Teradata by 145.9% in the fourth quarter. FIL Ltd now owns 1,934,235 shares of the technology company’s stock valued at $52,553,000 after buying an additional 1,147,610 shares during the period. Guggenheim Capital LLC increased its stake in shares of Teradata by 50.0% in the fourth quarter. Guggenheim Capital LLC now owns 1,766,972 shares of the technology company’s stock valued at $48,009,000 after buying an additional 589,066 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of Teradata during the fourth quarter valued at about $14,605,000. Finally, Panagora Asset Management Inc. increased its stake in shares of Teradata by 105.7% in the third quarter. Panagora Asset Management Inc. now owns 961,195 shares of the technology company’s stock valued at $29,797,000 after buying an additional 493,919 shares during the period. 99.75% of the stock is currently owned by hedge funds and other institutional investors.
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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