Analysts Set Teradata Co. (NYSE:TDC) Target Price at $34.40

Shares of Teradata Co. (NYSE:TDC - Get Free Report) have been assigned a consensus rating of "Hold" from the ten ratings firms that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $34.40.

TDC has been the subject of a number of research reports. Northland Securities decreased their target price on Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Barclays dropped their price target on Teradata from $30.00 to $25.00 and set an "underweight" rating for the company in a research report on Wednesday, February 12th. Evercore ISI decreased their target price on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. JMP Securities reissued a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Finally, Guggenheim cut their target price on Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th.

Teradata Stock Down 2.4 %

NYSE TDC traded down $0.57 on Friday, reaching $23.34. 1,267,654 shares of the stock traded hands, compared to its average volume of 1,037,443. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. Teradata has a 12 month low of $22.73 and a 12 month high of $39.70. The company has a fifty day moving average price of $30.58 and a 200-day moving average price of $30.02. The company has a market cap of $2.23 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 6.35 and a beta of 0.78.

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

Hedge Funds Weigh In On Teradata

A number of institutional investors have recently made changes to their positions in the business. Mackenzie Financial Corp increased its stake in shares of Teradata by 40.6% in the fourth quarter. Mackenzie Financial Corp now owns 128,650 shares of the technology company's stock worth $4,007,000 after buying an additional 37,130 shares during the last quarter. Vise Technologies Inc. increased its position in shares of Teradata by 7.4% in the 4th quarter. Vise Technologies Inc. now owns 9,562 shares of the technology company's stock worth $298,000 after purchasing an additional 662 shares during the last quarter. CSS LLC IL bought a new stake in shares of Teradata in the 4th quarter worth about $426,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Teradata by 2.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,124,088 shares of the technology company's stock valued at $35,015,000 after buying an additional 30,394 shares in the last quarter. Finally, Vident Advisory LLC lifted its holdings in Teradata by 43.5% during the 4th quarter. Vident Advisory LLC now owns 30,055 shares of the technology company's stock worth $936,000 after buying an additional 9,114 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

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.