Analysts’ Recent Ratings Updates for Teradata (TDC)

A number of firms have modified their ratings and price targets on shares of Teradata (NYSE: TDC) recently:

• 11/5/2024 – Teradata had its price target lowered by analysts at Barclays PLC from $30.00 to $29.00. They now have an “underweight” rating on the stock.
• 11/5/2024 – Teradata had its price target raised by analysts at UBS Group AG from $24.00 to $26.00. They now have a “sell” rating on the stock.
• 11/5/2024 – Teradata had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $32.00 price target on the stock.
• 11/5/2024 – Teradata had its price target lowered by analysts at Northland Securities from $38.00 to $37.00. They now have an “outperform” rating on the stock.
• 10/15/2024 – Teradata had its price target raised by analysts at Evercore ISI from $34.00 to $37.00. They now have an “outperform” rating on the stock.

Teradata Stock Up 3.0 %

TDC traded up $0.86 during trading on Wednesday, hitting $29.33. The stock had a trading volume of 1,549,156 shares, compared to its average volume of 945,617. The stock has a 50 day simple moving average of $30.07 and a two-hundred day simple moving average of $31.64. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.72 and a current ratio of 0.75. Teradata Co. has a twelve month low of $24.02 and a twelve month high of $49.44. The company has a market capitalization of $2.82 billion, a PE ratio of 34.92, a PEG ratio of 3.10 and a beta of 0.80.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.13. The firm had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 160.68%. The firm’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 earnings per share. On average, research analysts predict that Teradata Co. will post 1.3 earnings per share for the current year.

Insiders Place Their Bets

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

Institutional Investors Weigh In On Teradata

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Crewe Advisors LLC purchased a new position in shares of Teradata during the 2nd quarter worth $26,000. GAMMA Investing LLC increased its position in shares of Teradata by 88.0% during the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after acquiring an additional 447 shares during the period. Hexagon Capital Partners LLC raised its position in Teradata by 111.4% in the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock valued at $33,000 after purchasing an additional 507 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Teradata by 75.2% in the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after buying an additional 569 shares during the period. Finally, International Assets Investment Management LLC grew its position in shares of Teradata by 2,934.1% during the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after buying an additional 1,291 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

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.