Teradata Co. (NYSE:TDC) Given Consensus Recommendation of "Hold" by Brokerages

Teradata Co. (NYSE:TDC - Get Free Report) has earned a consensus rating of "Hold" from the eleven analysts that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $40.00.

A number of analysts recently weighed in on the stock. Northland Securities cut their price target 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. Royal Bank of Canada reiterated a "sector perform" rating and issued a $32.00 target price on shares of Teradata in a report on Tuesday, November 5th. UBS Group boosted their price target on shares of Teradata from $24.00 to $26.00 and gave the company a "sell" rating in a report on Tuesday, November 5th. Evercore ISI raised their price objective on Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 15th. Finally, Barclays boosted their target price on Teradata from $29.00 to $30.00 and gave the company an "underweight" rating in a research note on Friday, December 6th.

Teradata Trading Down 1.6 %

Shares of TDC traded down $0.49 on Thursday, reaching $30.66. 876,980 shares of the company's stock were exchanged, compared to its average volume of 927,146. The business has a 50 day moving average price of $31.31 and a two-hundred day moving average price of $30.82. Teradata has a 12 month low of $24.02 and a 12 month high of $49.44. The stock has a market capitalization of $2.93 billion, a P/E ratio of 36.50, a price-to-earnings-growth ratio of 3.17 and a beta of 0.79. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $417.71 million. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The firm's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.14 EPS. Research analysts anticipate that Teradata will post 1.41 earnings per share for the current year.

Institutional Investors Weigh In On Teradata

Several institutional investors have recently bought and sold shares of the company. Crossmark Global Holdings Inc. grew its stake in shares of Teradata by 4.6% during 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 in the last quarter. Arizona State Retirement System grew its position in 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 purchasing an additional 390 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in Teradata by 2.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 20,949 shares of the technology company's stock valued at $636,000 after buying an additional 434 shares during the last quarter. GAMMA Investing LLC lifted its position in Teradata by 88.0% during 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 boosted its stake in shares of Teradata by 4.2% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,165 shares of the technology company's stock worth $339,000 after buying an additional 449 shares during the last quarter. 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.