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

Shares of Teradata Co. (NYSE:TDC - Get Free Report) have been given a consensus rating of "Hold" by the eleven ratings firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $40.00.

Several analysts have recently weighed in on TDC shares. UBS Group boosted their target price on shares of Teradata from $24.00 to $26.00 and gave the company a "sell" rating in a research note on Tuesday, November 5th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $32.00 target price on shares of Teradata in a research report on Tuesday, November 5th. Evercore ISI upped their target price on Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a report on Tuesday, October 15th. Barclays increased their target price on shares of Teradata from $29.00 to $30.00 and gave the stock an "underweight" rating in a report on Friday. Finally, Northland Securities cut their price objective on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating on the stock in a report on Tuesday, November 5th.

Teradata Stock Performance

Shares of Teradata stock traded down $0.22 during trading on Friday, hitting $32.11. 632,558 shares of the company's stock traded hands, compared to its average volume of 810,302. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. The stock has a market capitalization of $3.07 billion, a P/E ratio of 38.23, a PEG ratio of 3.13 and a beta of 0.79. The business has a 50-day simple moving average of $30.98 and a 200-day simple moving average of $30.87. Teradata has a 1 year low of $24.02 and a 1 year high of $49.44.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings results 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 return on equity of 145.40% and a net margin of 4.56%. The firm's revenue was up .5% on a year-over-year basis. During the same period in the prior year, the company earned $0.14 earnings per share. As a group, analysts forecast that Teradata will post 1.41 EPS for the current year.

Insider Activity at Teradata

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the business's stock in a transaction that occurred on 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 owns 121,382 shares in the company, valued at $3,341,646.46. The trade was a 10.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.92% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Teradata

A number of institutional investors and hedge funds have recently modified their holdings of the company. CWM LLC raised its stake in Teradata by 114.2% during the 2nd quarter. CWM LLC now owns 5,579 shares of the technology company's stock worth $193,000 after acquiring an additional 2,975 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of 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 buying an additional 30,096 shares during the last quarter. Hexagon Capital Partners LLC boosted its stake in shares of Teradata by 111.4% during the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company's stock worth $33,000 after buying an additional 507 shares during the period. M&G Plc grew its holdings in shares of Teradata by 2,920.3% during the second quarter. M&G Plc now owns 1,183,683 shares of the technology company's stock worth $41,429,000 after buying an additional 1,144,492 shares during the last quarter. Finally, Wedge Capital Management L L P NC increased its position in Teradata by 19.5% in the 2nd quarter. Wedge Capital Management L L P NC now owns 56,894 shares of the technology company's stock valued at $1,966,000 after acquiring an additional 9,303 shares during the period. Institutional investors and hedge funds 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.