Teradata Co. (NYSE:TDC - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $21.80 and last traded at $21.93, with a volume of 116948 shares trading hands. The stock had previously closed at $22.28.
Analyst Ratings Changes
A number of research firms have commented on TDC. Barclays reduced their price target on shares of Teradata from $30.00 to $25.00 and set an "underweight" rating for the company in a report on Wednesday, February 12th. Guggenheim reduced their target price on Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. JMP Securities reaffirmed a "market perform" rating on shares of Teradata in a research note on Thursday, February 13th. Royal Bank of Canada cut their price target on Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 12th. Finally, Evercore ISI decreased their price objective on Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $34.40.
Get Our Latest Stock Analysis on TDC
Teradata Stock Performance
The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. The company has a 50-day moving average of $27.65 and a 200-day moving average of $29.59. The company has a market cap of $2.20 billion, a PE ratio of 19.89, a PEG ratio of 6.23 and a beta of 0.75.
Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. As a group, analysts anticipate that Teradata Co. will post 1.31 earnings per share for the current year.
Institutional Trading of Teradata
A number of institutional investors and hedge funds have recently modified their holdings of the business. Crossmark Global Holdings Inc. boosted its holdings in shares of Teradata by 4.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company's stock worth $219,000 after buying an additional 315 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in 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 acquiring an additional 365 shares during the last quarter. Tealwood Asset Management Inc. boosted its stake in 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 acquiring an additional 368 shares during the last quarter. Xponance Inc. grew its position in shares of Teradata by 2.3% during the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock valued at $594,000 after acquiring an additional 428 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake 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 purchasing an additional 431 shares during the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.
Teradata Company Profile
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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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