Teradata Co. (NYSE:TDC - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as $21.39 and last traded at $21.58, with a volume of 345716 shares changing hands. The stock had previously closed at $22.93.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. Royal Bank of Canada reduced their price target on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research report on Wednesday, February 12th. Guggenheim reduced their target price on shares of Teradata from $42.00 to $37.00 and set a "buy" rating on the stock in a report on Wednesday, February 12th. Barclays decreased their target price 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. Morgan Stanley upgraded Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target for the company in a research report on Tuesday. Finally, JMP Securities restated a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $34.00.
View Our Latest Report on TDC
Teradata Price Performance
The stock has a 50 day moving average of $24.54 and a 200-day moving average of $28.87. The stock has a market capitalization of $1.84 billion, a P/E ratio of 16.40, a price-to-earnings-growth ratio of 6.23 and a beta of 0.87. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65.
Teradata (NYSE:TDC - Get Free Report) last released its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. On average, equities research analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current fiscal year.
Institutional Trading of Teradata
A number of large investors have recently modified their holdings of TDC. Ameriprise Financial Inc. raised its position in Teradata by 12.4% during the 4th quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company's stock valued at $169,756,000 after purchasing an additional 599,394 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of 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 in the last quarter. Pacer Advisors Inc. raised its holdings in shares of Teradata by 5.2% in the fourth quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company's stock valued at $67,899,000 after acquiring an additional 108,426 shares in the last quarter. Geode Capital Management LLC lifted its stake in Teradata by 0.5% in the third quarter. Geode Capital Management LLC now owns 1,685,317 shares of the technology company's stock worth $51,145,000 after acquiring an additional 8,289 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Teradata by 8.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,217,654 shares of the technology company's stock worth $37,930,000 after acquiring an additional 91,211 shares in the last quarter. Hedge funds and other institutional investors own 90.31% of the company's stock.
About Teradata
(
Get Free Report)
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.
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