Teradata Co. (NYSE:TDC) Receives $40.64 Consensus Target Price from Analysts

Teradata Co. (NYSE:TDC - Get Free Report) has received an average recommendation of "Hold" from the eleven analysts that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $40.64.

A number of research firms have recently issued reports on TDC. UBS Group initiated coverage on Teradata in a research report on Friday, July 19th. They set a "sell" rating and a $32.00 price target on the stock. Barclays lowered their price target on shares of Teradata from $35.00 to $30.00 and set an "underweight" rating for the company in a research report on Tuesday, August 6th. Northland Securities reduced their price objective on shares of Teradata from $49.00 to $38.00 and set an "outperform" rating for the company in a research note on Tuesday, August 6th. StockNews.com upgraded Teradata from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, August 6th. Finally, Guggenheim restated a "buy" rating and issued a $60.00 price target on shares of Teradata in a report on Tuesday, June 25th.

Teradata Trading Up 0.1 %

Shares of TDC opened at $32.37 on Friday. The firm has a market capitalization of $3.13 billion, a price-to-earnings ratio of 77.07, a PEG ratio of 2.94 and a beta of 0.80. The company has a debt-to-equity ratio of 6.87, a current ratio of 0.75 and a quick ratio of 0.72. Teradata has a 1-year low of $24.02 and a 1-year high of $49.44. The company has a 50-day moving average of $28.99 and a 200 day moving average of $32.16.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The technology company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.16. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The firm had revenue of $436.00 million during the quarter, compared to the consensus estimate of $447.30 million. The company's revenue was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 earnings per share. On average, research analysts expect that Teradata will post 1.3 EPS for the current year.

Insider Activity at Teradata

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the sale, the insider now owns 96,783 shares of the company's stock, valued at approximately $2,758,315.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, insider Margaret A. Treese sold 5,500 shares of the firm's stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the transaction, the insider now directly owns 96,783 shares in the company, valued at $2,758,315.50. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now directly owns 121,382 shares of the company's stock, valued at $3,341,646.46. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.

Institutional Trading of Teradata

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Russell Investments Group Ltd. boosted its holdings in Teradata by 61.5% in the first quarter. Russell Investments Group Ltd. now owns 125,369 shares of the technology company's stock valued at $4,848,000 after purchasing an additional 47,741 shares during the last quarter. Norden Group LLC lifted its holdings in Teradata by 2,129.9% in the first quarter. Norden Group LLC now owns 112,008 shares of the technology company's stock valued at $4,331,000 after acquiring an additional 106,985 shares during the period. SG Americas Securities LLC lifted its holdings in Teradata by 114.7% in the second quarter. SG Americas Securities LLC now owns 56,346 shares of the technology company's stock valued at $1,947,000 after acquiring an additional 30,096 shares during the period. Entropy Technologies LP purchased a new stake in Teradata in the 1st quarter worth approximately $568,000. Finally, Retirement Systems of Alabama grew its stake in shares of Teradata by 37.2% during the 1st quarter. Retirement Systems of Alabama now owns 514,457 shares of the technology company's stock worth $19,894,000 after purchasing an additional 139,468 shares during the period. Institutional investors and hedge funds own 90.31% of the company's stock.

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.