Barclays Issues Positive Forecast for Teradata (NYSE:TDC) Stock Price

Teradata (NYSE:TDC - Free Report) had its price target lifted by Barclays from $29.00 to $30.00 in a research note issued to investors on Friday,Benzinga reports. They currently have an underweight rating on the technology company's stock.

Other analysts have also issued research reports about the company. UBS Group increased their price objective on Teradata from $24.00 to $26.00 and gave the company a "sell" rating in a research note on Tuesday, November 5th. Royal Bank of Canada reissued a "sector perform" rating and issued a $32.00 price target on shares of Teradata in a report on Tuesday, November 5th. Northland Securities decreased their price objective on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Finally, Evercore ISI raised their target price on Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 15th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $40.00.

Teradata Price Performance

Shares of NYSE TDC traded down $0.22 during trading hours on Friday, reaching $32.11. 632,558 shares of the stock traded hands, compared to its average volume of 810,302. The company has a market capitalization of $3.07 billion, a P/E ratio of 38.23, a price-to-earnings-growth ratio of 3.13 and a beta of 0.79. The company's 50-day simple moving average is $30.98 and its two-hundred day simple moving average is $30.87. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. Teradata has a 52-week low of $24.02 and a 52-week high of $49.44.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm had revenue of $440.00 million for the quarter, compared to the consensus estimate of $417.71 million. During the same period last year, the firm posted $0.14 earnings per share. The business's revenue was up .5% compared to the same quarter last year. Equities research analysts forecast that Teradata will post 1.41 EPS for the current year.

Insider Buying and Selling at Teradata

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the firm's stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares of the company's stock, valued at approximately $3,341,646.46. This trade represents a 10.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.92% of the company's stock.

Institutional Trading of Teradata

Several institutional investors have recently bought and sold shares of TDC. Crewe Advisors LLC purchased a new position in shares of Teradata in the second quarter worth $26,000. Point72 Asset Management L.P. bought a new position in Teradata during the 3rd quarter valued at about $27,000. GAMMA Investing LLC boosted its holdings in shares of Teradata by 88.0% during the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company's stock valued at $29,000 after acquiring an additional 447 shares during the last quarter. Brooklyn Investment Group bought a new stake in shares of Teradata in the third quarter worth approximately $32,000. Finally, Hexagon Capital Partners LLC raised its holdings in shares of Teradata by 111.4% during the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company's stock valued at $33,000 after purchasing an additional 507 shares during the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

About Teradata

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.