Teradata Co. (NYSE:TDC) Receives $33.40 Average PT from Analysts

Teradata Co. (NYSE:TDC) has been given a consensus recommendation of “Hold” by the twelve analysts that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $33.40.

Several equities research analysts have weighed in on TDC shares. Barclays set a $27.00 price objective on Teradata and gave the stock a “sell” rating in a research note on Friday, November 1st. BMO Capital Markets cut their target price on Teradata from $38.00 to $30.00 and set a “reduce” rating on the stock in a research note on Monday, November 11th. Stifel Nicolaus cut Teradata from a “buy” rating to a “hold” rating and cut their target price for the company from $60.00 to $25.00 in a research note on Friday, November 8th. Cowen cut Teradata from an “outperform” rating to a “market perform” rating and cut their target price for the company from $53.00 to $29.00 in a research note on Friday, November 8th. Finally, ValuEngine cut Teradata from a “buy” rating to a “hold” rating in a research note on Tuesday, September 17th.

Shares of TDC stock traded down $0.38 during trading hours on Monday, hitting $26.48. The stock had a trading volume of 996,781 shares, compared to its average volume of 1,425,228. Teradata has a one year low of $23.71 and a one year high of $49.42. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.27 and a quick ratio of 1.22. The stock’s 50-day moving average price is $27.44 and its two-hundred day moving average price is $31.91. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 30.09, a PEG ratio of 5.17 and a beta of 1.12.

Teradata (NYSE:TDC) last issued its earnings results on Thursday, November 7th. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.06. Teradata had a return on equity of 23.17% and a net margin of 0.70%. The firm had revenue of $459.00 million for the quarter, compared to analysts’ expectations of $485.62 million. During the same period in the previous year, the firm posted $0.36 earnings per share. The business’s revenue was down 12.7% compared to the same quarter last year. As a group, equities research analysts predict that Teradata will post 0.43 earnings per share for the current fiscal year.

In other news, CMO Martyn Etherington purchased 4,300 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was purchased at an average price of $26.43 per share, for a total transaction of $113,649.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Mark Culhane purchased 1,950 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was purchased at an average price of $26.00 per share, with a total value of $50,700.00. Following the acquisition, the chief financial officer now directly owns 64,035 shares of the company’s stock, valued at approximately $1,664,910. The disclosure for this purchase can be found here. Corporate insiders own 1.12% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AdvisorNet Financial Inc purchased a new stake in shares of Teradata in the third quarter valued at approximately $39,000. Advisory Services Network LLC lifted its holdings in Teradata by 25.4% during the second quarter. Advisory Services Network LLC now owns 1,347 shares of the technology company’s stock worth $48,000 after buying an additional 273 shares during the period. Tower Research Capital LLC TRC lifted its holdings in Teradata by 127.9% during the third quarter. Tower Research Capital LLC TRC now owns 4,695 shares of the technology company’s stock worth $146,000 after buying an additional 2,635 shares during the period. Redhawk Wealth Advisors Inc. purchased a new stake in Teradata during the second quarter worth $201,000. Finally, Virtu Financial LLC purchased a new stake in Teradata during the third quarter worth $215,000. Hedge funds and other institutional investors own 98.30% of the company’s stock.

Teradata Company Profile

Teradata Corporation provides hybrid cloud analytics software. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in company's analytical ecosystem. It operates through three segments: North America and Latin America region; Europe, Middle East and Africa region; and Asia Pacific and Japan region.

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Analyst Recommendations for Teradata (NYSE:TDC)

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