JMP Securities Reiterates "Market Perform" Rating for Teradata (NYSE:TDC)

Teradata (NYSE:TDC - Get Free Report)'s stock had its "market perform" rating reaffirmed by research analysts at JMP Securities in a report released on Thursday,Benzinga reports.

Other analysts also recently issued research reports about the stock. Evercore ISI decreased their price objective on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Guggenheim decreased their price objective on shares of Teradata from $42.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. Northland Securities decreased their price objective on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Royal Bank of Canada decreased their price objective on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a report on Wednesday, February 12th. Finally, UBS Group raised their price objective on shares of Teradata from $24.00 to $26.00 and gave the stock a "sell" rating in a report on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $34.40.

Teradata Stock Down 0.2 %

Shares of TDC stock traded down $0.05 on Thursday, hitting $24.78. The stock had a trading volume of 1,501,231 shares, compared to its average volume of 746,164. The business has a 50 day moving average of $31.23 and a 200 day moving average of $30.19. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of 29.50, a price-to-earnings-growth ratio of 3.19 and a beta of 0.78. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. Teradata has a 12-month low of $22.73 and a 12-month high of $39.70.

Teradata (NYSE:TDC - Get Free Report) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 4.56% and a return on equity of 145.40%. As a group, analysts expect that Teradata will post 1.41 EPS for the current year.

Hedge Funds Weigh In On Teradata

Several large investors have recently modified their holdings of TDC. Man Group plc boosted its position in shares of Teradata by 34.1% in the fourth quarter. Man Group plc now owns 495,372 shares of the technology company's stock valued at $15,431,000 after acquiring an additional 125,985 shares during the period. Nomura Holdings Inc. bought a new position in shares of Teradata in the fourth quarter valued at approximately $396,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Teradata by 12.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 224,519 shares of the technology company's stock valued at $6,993,000 after acquiring an additional 25,185 shares during the period. Lazard Asset Management LLC boosted its position in shares of Teradata by 1,566.6% in the fourth quarter. Lazard Asset Management LLC now owns 93,715 shares of the technology company's stock valued at $2,918,000 after acquiring an additional 88,092 shares during the period. Finally, Janus Henderson Group PLC boosted its position in shares of Teradata by 7.0% in the fourth quarter. Janus Henderson Group PLC now owns 50,114 shares of the technology company's stock valued at $1,561,000 after acquiring an additional 3,293 shares during the period. 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.