Barclays Lowers Teradata (NYSE:TDC) Price Target to $25.00

Teradata (NYSE:TDC - Get Free Report) had its target price reduced by investment analysts at Barclays from $30.00 to $25.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an "underweight" rating on the technology company's stock. Barclays's price target points to a potential upside of 0.88% from the stock's current price.

TDC has been the topic of several other research reports. Evercore ISI boosted their price objective on shares of Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 15th. 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. Royal Bank of Canada reissued a "sector perform" rating and set a $32.00 price objective on shares of Teradata in a research note on Tuesday, November 5th. Finally, UBS Group boosted their price objective on shares of Teradata from $24.00 to $26.00 and gave the stock a "sell" rating in a research note on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $34.40.

Teradata Trading Down 0.2 %

Shares of NYSE TDC traded down $0.05 during midday trading on Wednesday, hitting $24.78. 1,501,231 shares of the company traded hands, compared to its average volume of 746,164. Teradata has a 12-month low of $22.73 and a 12-month high of $39.70. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. The stock has a 50-day moving average price of $31.23 and a 200 day moving average price of $30.22. The firm has a market cap of $2.37 billion, a P/E ratio of 29.50, a P/E/G ratio of 3.19 and a beta of 0.78.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 4.56% and a return on equity of 145.40%. As a group, analysts expect that Teradata will post 1.41 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Crossmark Global Holdings Inc. lifted its position in Teradata by 4.6% during the third quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company's stock valued at $219,000 after purchasing an additional 315 shares during the period. Venturi Wealth Management LLC lifted its position in Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock valued at $66,000 after purchasing an additional 365 shares during the period. Tealwood Asset Management Inc. lifted its position in Teradata by 0.9% during the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company's stock valued at $1,266,000 after purchasing an additional 368 shares during the period. Xponance Inc. lifted its position in Teradata by 2.3% during the fourth quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock valued at $594,000 after purchasing an additional 428 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Teradata by 3.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company's stock valued at $361,000 after purchasing an additional 431 shares during the period. Institutional investors 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.