Analysts Set Teradata Co. (NYSE:TDC) PT at $49.90

Shares of Teradata Co. (NYSE:TDC) have received a consensus rating of “Hold” from the ten ratings firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $49.90.

Several research analysts have commented on the stock. Barclays decreased their price objective on shares of Teradata from $39.00 to $35.00 and set an “underweight” rating for the company in a report on Tuesday, May 7th. JMP Securities decreased their price target on shares of Teradata from $72.00 to $60.00 and set a “market outperform” rating for the company in a research note on Tuesday, May 7th. Morgan Stanley lowered shares of Teradata from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $74.00 to $48.00 in a research note on Tuesday, February 13th. StockNews.com lowered shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 12th. Finally, Evercore ISI decreased their price target on shares of Teradata from $58.00 to $46.00 and set an “outperform” rating for the company in a research note on Tuesday, May 7th.

Insider Transactions at Teradata

In other news, insider Hillary Ashton sold 9,743 shares of Teradata stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of the sale, the insider now directly owns 156,704 shares in the company, valued at $5,868,564.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Hillary Ashton sold 9,743 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $37.45, for a total transaction of $364,875.35. Following the completion of the sale, the insider now directly owns 156,704 shares in the company, valued at $5,868,564.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael D. Hutchinson sold 18,500 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $32.96, for a total transaction of $609,760.00. Following the sale, the insider now owns 55,190 shares of the company’s stock, valued at $1,819,062.40. The disclosure for this sale can be found here. Insiders sold 54,518 shares of company stock worth $1,961,787 over the last three months. 0.92% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Teradata

A number of hedge funds have recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Teradata by 25.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 33,320 shares of the technology company’s stock worth $1,500,000 after buying an additional 6,710 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of Teradata by 6.8% in the third quarter. Fifth Third Bancorp now owns 4,336 shares of the technology company’s stock worth $195,000 after buying an additional 276 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of Teradata by 1.9% in the third quarter. Teacher Retirement System of Texas now owns 48,230 shares of the technology company’s stock worth $2,171,000 after buying an additional 916 shares in the last quarter. Orion Portfolio Solutions LLC lifted its holdings in shares of Teradata by 3.5% in the third quarter. Orion Portfolio Solutions LLC now owns 7,583 shares of the technology company’s stock worth $341,000 after buying an additional 259 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of Teradata by 40.1% in the third quarter. Victory Capital Management Inc. now owns 1,117,281 shares of the technology company’s stock worth $50,300,000 after buying an additional 319,855 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors.

Teradata Price Performance

Shares of Teradata stock opened at $31.85 on Wednesday. Teradata has a 52-week low of $31.61 and a 52-week high of $57.73. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 75.83, a price-to-earnings-growth ratio of 2.26 and a beta of 0.95. The company has a fifty day moving average of $36.43 and a 200-day moving average of $41.33. The company has a debt-to-equity ratio of 9.83, a quick ratio of 0.77 and a current ratio of 0.78.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Monday, May 6th. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The company had revenue of $465.00 million during the quarter, compared to analysts’ expectations of $461.93 million. Teradata had a net margin of 2.31% and a return on equity of 70.34%. The firm’s revenue was down 2.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 EPS. Equities research analysts expect that Teradata will post 1.14 EPS for the current year.

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.