Teradata (NYSE:TDC) Downgraded by StockNews.com to "Buy"

StockNews.com cut shares of Teradata (NYSE:TDC - Free Report) from a strong-buy rating to a buy rating in a research report report published on Saturday morning.

Several other research firms have also issued reports on TDC. Barclays lowered their price target on shares of 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 lowered 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. Guggenheim cut their price target on Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. JMP Securities reiterated a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Finally, Evercore ISI cut their target price on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Teradata presently has a consensus rating of "Hold" and an average price target of $34.40.

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Teradata Stock Performance

Shares of TDC stock traded up $0.29 during trading hours on Friday, hitting $22.77. 1,036,789 shares of the company were exchanged, compared to its average volume of 1,022,130. Teradata has a 52-week low of $21.80 and a 52-week high of $38.99. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The firm has a fifty day simple moving average of $25.98 and a 200 day simple moving average of $29.24. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 19.46, a P/E/G ratio of 6.23 and a beta of 0.75.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank purchased a new position in Teradata in the 4th quarter worth approximately $36,315,000. Victory Capital Management Inc. lifted its holdings in shares of Teradata by 742.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company's stock worth $35,110,000 after acquiring an additional 993,358 shares during the last quarter. Ameriprise Financial Inc. grew its position in Teradata by 12.4% in the fourth quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company's stock worth $169,756,000 after acquiring an additional 599,394 shares in the last quarter. AQR Capital Management LLC increased its stake in Teradata by 17.2% in the fourth quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company's stock valued at $88,029,000 after acquiring an additional 416,585 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Teradata by 470.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company's stock valued at $15,436,000 after purchasing an additional 408,595 shares in 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.