Teradata Co. (NYSE:TDC) Receives Average Recommendation of “Hold” from Analysts

Teradata Co. (NYSE:TDC) has been given an average recommendation of “Hold” by the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $40.00.

A number of analysts have recently weighed in on TDC shares. Northland Securities dropped their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $32.00 target price on shares of Teradata in a research note on Tuesday, November 5th. Evercore ISI lifted their target price on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Barclays upped their price objective on shares of Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a report on Friday, December 6th. Finally, UBS Group upped their price objective on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, November 5th.

Teradata Stock Performance

Teradata stock opened at $32.30 on Friday. The company has a market cap of $3.09 billion, a PE ratio of 38.45, a P/E/G ratio of 3.20 and a beta of 0.79. Teradata has a 12 month low of $24.02 and a 12 month high of $49.44. The company has a fifty day moving average price of $31.24 and a two-hundred day moving average price of $30.88. 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 (NYSE:TDC) last announced its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The business had revenue of $440.00 million during the quarter, compared to the consensus estimate of $417.71 million. During the same quarter in the prior year, the firm earned $0.14 EPS. The company’s revenue for the quarter was up .5% compared to the same quarter last year. Research analysts expect that Teradata will post 1.41 earnings per share for the current year.

Institutional Investors Weigh In On Teradata

A number of institutional investors have recently added to or reduced their stakes in the company. Algert Global LLC raised its stake in shares of Teradata by 46.3% in the 3rd quarter. Algert Global LLC now owns 113,106 shares of the technology company’s stock valued at $3,432,000 after buying an additional 35,800 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Teradata by 114.7% in the 2nd quarter. SG Americas Securities LLC now owns 56,346 shares of the technology company’s stock valued at $1,947,000 after purchasing an additional 30,096 shares during the period. Pacer Advisors Inc. raised its holdings in shares of Teradata by 21.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock worth $62,843,000 after buying an additional 369,123 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Teradata by 85.2% during the 2nd quarter. Assenagon Asset Management S.A. now owns 47,866 shares of the technology company’s stock worth $1,654,000 after buying an additional 22,027 shares during the period. Finally, John G Ullman & Associates Inc. grew its holdings in shares of Teradata by 46.8% in the 3rd quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company’s stock worth $4,395,000 after purchasing an additional 46,200 shares during the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

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.