Teradata (NYSE:TDC) Issues Earnings Results

Teradata (NYSE:TDC - Get Free Report) released its earnings results on Monday. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.13, Briefing.com reports. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The business had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. During the same quarter in the prior year, the firm earned $0.14 earnings per share. The company's revenue for the quarter was up .5% compared to the same quarter last year.

Teradata Stock Down 14.7 %

Shares of NYSE TDC traded down $4.91 during midday trading on Tuesday, hitting $28.47. The company's stock had a trading volume of 2,837,934 shares, compared to its average volume of 942,784. The business's fifty day simple moving average is $30.06 and its two-hundred day simple moving average is $31.69. The company has a debt-to-equity ratio of 6.87, a current ratio of 0.75 and a quick ratio of 0.72. Teradata has a 1 year low of $24.02 and a 1 year high of $49.44. The firm has a market capitalization of $2.74 billion, a price-to-earnings ratio of 46.16, a price-to-earnings-growth ratio of 3.08 and a beta of 0.80.

Wall Street Analyst Weigh In

TDC has been the subject of a number of research reports. Morgan Stanley dropped their target price on shares of Teradata from $44.00 to $30.00 and set an "equal weight" rating for the company in a report on Tuesday, August 6th. Northland Securities cut their price objective on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a research report on Tuesday. Royal Bank of Canada restated a "sector perform" rating and set a $32.00 price objective on shares of Teradata in a research report on Tuesday. StockNews.com upgraded shares of Teradata from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, August 6th. Finally, JMP Securities cut shares of Teradata from an "outperform" rating to a "market perform" rating in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Teradata currently has an average rating of "Hold" and an average price target of $39.91.

Insider Activity

In other news, insider Hillary Ashton sold 14,962 shares of the firm'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 value of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares of the company's stock, valued at approximately $3,341,646.46. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, insider Hillary Ashton sold 14,962 shares of the firm'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 value of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares of the company's stock, valued at approximately $3,341,646.46. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the firm's stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the transaction, the insider now directly owns 96,783 shares of the company's stock, valued at approximately $2,758,315.50. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.86% of the company's stock.

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.