Teradata (NYSE:TDC) Hits New 12-Month Low - Time to Sell?

Teradata Co. (NYSE:TDC - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $22.62 and last traded at $22.73, with a volume of 274925 shares traded. The stock had previously closed at $22.98.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. StockNews.com downgraded Teradata from a "strong-buy" rating to a "buy" rating in a research report on Thursday, February 13th. Guggenheim lowered their price target on shares of Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. Evercore ISI reduced their price objective 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. Barclays dropped their target price on shares of Teradata from $30.00 to $25.00 and set an "underweight" rating for the company in a research report on Wednesday, February 12th. Finally, Royal Bank of Canada dropped their price objective on Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a report on Wednesday, February 12th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $34.40.

Remove Ads

Teradata Stock Down 1.2 %

The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 19.00, a P/E/G ratio of 6.23 and a beta of 0.75. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81. The firm's fifty day simple moving average is $28.51 and its 200 day simple moving average is $29.79.

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

Institutional Investors Weigh In On Teradata

Hedge funds have recently bought and sold shares of the company. Crossmark Global Holdings Inc. boosted its stake in shares of Teradata by 4.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company's stock worth $219,000 after acquiring an additional 315 shares during the period. Venturi Wealth Management LLC increased its holdings in shares of Teradata by 20.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock valued at $66,000 after purchasing an additional 365 shares during the last quarter. Tealwood Asset Management Inc. raised its position in shares of Teradata by 0.9% in the fourth quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company's stock valued at $1,266,000 after purchasing an additional 368 shares during the period. Xponance Inc. lifted its stake in shares of Teradata by 2.3% during the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock worth $594,000 after buying an additional 428 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Teradata by 3.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company's stock worth $361,000 after buying an additional 431 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.