Teradata Co. (NYSE:TDC) Receives $34.00 Average Price Target from Brokerages

Teradata Co. (NYSE:TDC - Get Free Report) has been given an average recommendation of "Hold" by the ten ratings firms that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $34.00.

A number of equities analysts have recently commented on TDC shares. JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Barclays dropped their price target on Teradata from $30.00 to $25.00 and set an "underweight" rating on the stock in a research report on Wednesday, February 12th. Royal Bank of Canada dropped their target price on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 12th. Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target for the company in a report on Tuesday, April 8th. Finally, Evercore ISI cut their price objective on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a report on Wednesday, February 12th.

Teradata Trading Down 0.1 %

Shares of Teradata stock traded down $0.03 during trading on Friday, hitting $20.24. The stock had a trading volume of 67,013 shares, compared to its average volume of 1,501,617. The stock has a market cap of $1.94 billion, a PE ratio of 17.30, a PEG ratio of 6.23 and a beta of 0.87. Teradata has a 12 month low of $18.43 and a 12 month high of $38.45. The firm's fifty day simple moving average is $23.03 and its 200-day simple moving average is $28.46. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79.

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Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. As a group, sell-side analysts expect that Teradata will post 1.31 EPS for the current fiscal year.

Institutional Trading of Teradata

A number of institutional investors have recently bought and sold shares of TDC. Norges Bank acquired a new position in shares of Teradata in the 4th quarter valued at $36,315,000. UNICOM Systems Inc. purchased a new position in Teradata during the 4th quarter worth approximately $3,162,000. Unified Investment Management purchased a new stake in shares of Teradata in the 4th quarter valued at $932,000. Victory Capital Management Inc. lifted its position in Teradata by 742.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock valued at $35,110,000 after purchasing an additional 993,358 shares during the period. Finally, Versant Capital Management Inc grew its position in Teradata by 210.2% during the 4th quarter. Versant Capital Management Inc now owns 2,578 shares of the technology company's stock worth $80,000 after purchasing an additional 1,747 shares during the period. 90.31% of the stock is currently owned by institutional investors and hedge funds.

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.