Teradata's (TDC) Sector Perform Rating Reiterated at Royal Bank of Canada

Teradata (NYSE:TDC - Get Free Report)'s stock had its "sector perform" rating reiterated by analysts at Royal Bank of Canada in a research note issued to investors on Tuesday, Benzinga reports. They presently have a $32.00 target price on the technology company's stock. Royal Bank of Canada's price target points to a potential upside of 12.40% from the company's previous close.

Other equities research analysts also recently issued research reports about the company. StockNews.com upgraded Teradata from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, August 6th. Evercore ISI lifted their price target on Teradata from $34.00 to $37.00 and gave the company an "outperform" rating in a research report on Tuesday, October 15th. Morgan Stanley cut their price objective on Teradata from $44.00 to $30.00 and set an "equal weight" rating for the company in a report on Tuesday, August 6th. UBS Group assumed coverage on shares of Teradata in a research note on Friday, July 19th. They issued a "sell" rating and a $32.00 target price on the stock. Finally, JMP Securities lowered shares of Teradata from an "outperform" rating to a "market perform" rating in a report on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $39.91.

Teradata Price Performance

TDC traded down $4.91 during trading on Tuesday, reaching $28.47. 2,837,934 shares of the company were exchanged, compared to its average volume of 942,784. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 6.87. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 46.16, a P/E/G ratio of 3.08 and a beta of 0.80. Teradata has a 12-month low of $24.02 and a 12-month high of $49.44. The company's 50-day moving average is $30.06 and its two-hundred day moving average is $31.69.

Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 EPS 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 analyst estimates of $417.71 million. Teradata had a net margin of 3.45% and a return on equity of 114.57%. Teradata's revenue was up .5% compared to the same quarter last year. During the same period last year, the business earned $0.14 earnings per share. Research analysts forecast that Teradata will post 1.3 earnings per share for the current fiscal year.

Insider Buying and Selling at Teradata

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the business's stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now directly 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction dated 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 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Margaret A. Treese sold 5,500 shares of the business's stock in a transaction that occurred on 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 sale, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.86% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TDC. GSA Capital Partners LLP purchased a new stake in shares of Teradata during the third quarter valued at approximately $373,000. Venturi Wealth Management LLC lifted its position in Teradata by 1,055.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,744 shares of the technology company's stock valued at $53,000 after acquiring an additional 1,593 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its stake in Teradata by 20.5% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 70,590 shares of the technology company's stock valued at $2,142,000 after purchasing an additional 12,031 shares during the last quarter. Crossmark Global Holdings Inc. increased 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 purchasing an additional 315 shares in the last quarter. Finally, Atria Investments Inc raised its stake in shares of Teradata by 10.3% in the third quarter. Atria Investments Inc now owns 6,867 shares of the technology company's stock worth $208,000 after purchasing an additional 643 shares during the last quarter. Hedge funds and other 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.