Teradata Co. (NYSE:TDC) Given Average Rating of “Hold” by Brokerages

Shares of Teradata Co. (NYSE:TDC) have earned an average recommendation of “Hold” from the eleven research firms that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $40.00.

A number of equities research analysts have recently commented on TDC shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $32.00 target price on shares of Teradata in a report on Tuesday, November 5th. Evercore ISI increased their price objective on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. UBS Group boosted their target price on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, November 5th. Barclays increased their price target on Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a report on Friday, December 6th. Finally, Northland Securities dropped their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th.

Teradata Price Performance

Shares of NYSE:TDC opened at $31.15 on Thursday. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. Teradata has a 12 month low of $24.02 and a 12 month high of $49.44. The firm has a market capitalization of $2.98 billion, a P/E ratio of 37.08, a P/E/G ratio of 3.17 and a beta of 0.79. The company’s fifty day moving average price is $31.33 and its 200 day moving average price is $30.83.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 earnings per share. As a group, sell-side analysts predict that Teradata will post 1.41 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Crossmark Global Holdings Inc. grew its holdings in shares of Teradata by 4.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock worth $219,000 after acquiring an additional 315 shares during the period. Arizona State Retirement System increased its position in shares of Teradata by 1.5% in the second quarter. Arizona State Retirement System now owns 27,268 shares of the technology company’s stock valued at $942,000 after buying an additional 390 shares in the last quarter. Harbor Capital Advisors Inc. raised its stake in shares of Teradata by 2.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company’s stock worth $636,000 after buying an additional 434 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after buying an additional 447 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Teradata by 4.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,165 shares of the technology company’s stock valued at $339,000 after acquiring an additional 449 shares during the last quarter. 90.31% of the stock is owned by hedge funds and other 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.