Teradata (NYSE:TDC) Price Target Raised to $26.00 at UBS Group

Teradata (NYSE:TDC - Free Report) had its price target increased by UBS Group from $24.00 to $26.00 in a research report sent to investors on Tuesday morning, Benzinga reports. They currently have a sell rating on the technology company's stock.

TDC has been the subject of several other research reports. TD Cowen dropped their target price on shares of Teradata from $37.00 to $29.00 and set a "hold" rating for the company in a research report on Tuesday, August 6th. JMP Securities lowered Teradata from an "outperform" rating to a "market perform" rating in a research note on Tuesday, August 6th. Northland Securities reduced their target price on Teradata from $38.00 to $37.00 and set an "outperform" rating on the stock in a report on Tuesday. Barclays lowered their price target on Teradata from $30.00 to $29.00 and set an "underweight" rating for the company in a research note on Tuesday. Finally, StockNews.com raised shares of Teradata from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, August 6th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $39.91.

Teradata Trading Down 14.7 %

TDC stock traded down $4.91 during trading on Tuesday, hitting $28.47. The company had a trading volume of 2,837,934 shares, compared to its average volume of 942,784. The firm has a 50-day moving average price of $30.06 and a 200-day moving average price of $31.69. Teradata has a 12 month low of $24.02 and a 12 month high of $49.44. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 6.87. The stock has a market cap of $2.74 billion, a price-to-earnings ratio of 45.19, a PEG ratio of 3.08 and a beta of 0.80.

Teradata (NYSE:TDC - Get Free Report) last released its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million during the quarter, compared to the consensus estimate of $417.71 million. Teradata had a return on equity of 114.57% and a net margin of 3.45%. The firm's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.14 earnings per share. As a group, analysts predict that Teradata will post 1.3 earnings per share for the current year.

Insider Activity

In related news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the transaction, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Hillary Ashton sold 14,962 shares of the business's stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now owns 121,382 shares of the company's stock, valued at $3,341,646.46. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the firm's stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the transaction, the insider now directly owns 96,783 shares of the company's stock, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.86% of the company's stock.

Institutional Trading of Teradata

Several institutional investors and hedge funds have recently bought and sold shares of TDC. Commonwealth Equity Services LLC bought a new stake in shares of Teradata during the 1st quarter worth approximately $634,000. Norden Group LLC raised its position in Teradata by 71.5% during the first quarter. Norden Group LLC now owns 8,616 shares of the technology company's stock worth $333,000 after acquiring an additional 3,593 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Teradata by 7.6% in the 1st quarter. BNP Paribas Financial Markets now owns 79,168 shares of the technology company's stock valued at $3,061,000 after acquiring an additional 5,605 shares during the period. Central Pacific Bank Trust Division acquired a new position in shares of Teradata during the 1st quarter worth about $126,000. Finally, Texas Permanent School Fund Corp raised its holdings in shares of Teradata by 1.4% in the 1st quarter. Texas Permanent School Fund Corp now owns 85,594 shares of the technology company's stock valued at $3,310,000 after purchasing an additional 1,147 shares during the period. Institutional investors own 90.31% of the company's stock.

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.