Teradata (NYSE:TDC) Hits New 12-Month Low Following Weak Earnings

Shares of Teradata Co. (NYSE:TDC - Get Free Report) reached a new 52-week low during trading on Wednesday following a dissappointing earnings announcement. The stock traded as low as $22.73 and last traded at $24.90, with a volume of 184573 shares changing hands. The stock had previously closed at $30.89.

The technology company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 145.40% and a net margin of 4.56%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TDC shares. UBS Group raised their price target on Teradata from $24.00 to $26.00 and gave the stock a "sell" rating in a research note on Tuesday, November 5th. Barclays reduced their price objective on shares of Teradata from $30.00 to $25.00 and set an "underweight" rating on the stock in a research report on Wednesday. StockNews.com downgraded Teradata from a "strong-buy" rating to a "buy" rating in a research note on Thursday. JMP Securities reiterated a "market perform" rating on shares of Teradata in a research report on Thursday. Finally, Northland Securities dropped their price target on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a research note on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $34.40.

Institutional Investors Weigh In On Teradata

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Teradata during the 4th quarter worth $238,000. Voleon Capital Management LP bought a new position in Teradata during the 4th quarter valued at $788,000. AQR Capital Management LLC increased its holdings in 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 buying an additional 416,585 shares during the last quarter. Northern Trust Corp raised its position in shares of Teradata by 30.5% during the 4th quarter. Northern Trust Corp now owns 1,101,181 shares of the technology company's stock valued at $34,302,000 after acquiring an additional 257,649 shares in the last quarter. Finally, New Vernon Capital Holdings II LLC bought a new position in shares of Teradata in the 4th quarter worth about $133,000. Hedge funds and other institutional investors own 90.31% of the company's stock.

Teradata Price Performance

The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. The company has a market capitalization of $2.37 billion, a P/E ratio of 29.50, a price-to-earnings-growth ratio of 3.19 and a beta of 0.78. The company has a fifty day moving average price of $31.23 and a 200 day moving average price of $30.20.

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.