Teradata (NYSE:TDC) Announces Earnings Results

Teradata (NYSE:TDC) released its earnings results on Monday. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13, Briefing.com reports. Teradata had a net margin of 4.56% and a return on equity of 160.68%. The firm had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. During the same quarter in the previous year, the business earned $0.14 EPS. The business’s quarterly revenue was up .5% compared to the same quarter last year.

Teradata Stock Up 3.0 %

TDC traded up $0.86 during trading on Wednesday, hitting $29.33. The company had a trading volume of 1,549,156 shares, compared to its average volume of 945,617. The firm’s 50-day moving average price is $30.07 and its 200 day moving average price is $31.64. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 6.87. Teradata has a one year low of $24.02 and a one year 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.

Insiders Place Their Bets

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the sale, the insider now directly owns 121,382 shares of the company’s stock, valued at $3,341,646.46. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the sale, the insider now directly owns 96,783 shares of the company’s stock, valued at $2,758,315.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the sale, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. JMP Securities lowered shares of Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. Barclays decreased their price target on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a report on Tuesday. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. UBS Group boosted their price target on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday. Finally, Evercore ISI boosted their price target on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Teradata has an average rating of “Hold” and an average price target of $39.91.

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.