Teradata Corp. Stock Rating Reaffirmed by Lazard Capital Markets (TDC)
Teradata Corp. (NYSE:TDC)‘s stock had its “buy” rating reiterated by analysts at Lazard Capital Markets in a research report issued to clients and investors on Wednesday, AR Network reports. They currently have a $75.00 price objective on the stock. Lazard Capital Markets’ price objective indicates a potential upside of 26.07% from the stock’s previous close.
Teradata Corp. (NYSE:TDC) opened at 59.97 on Wednesday. Teradata Corp. has a 1-year low of $48.11 and a 1-year high of $77.85. The stock has a 50-day moving average of $60. and a 200-day moving average of $56.38. The company has a market cap of $9.781 billion and a P/E ratio of 26.29.
Teradata Corp. (NYSE:TDC) last released its earnings data on Thursday, August 1st. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.05. The company had revenue of $670.00 million for the quarter, compared to the consensus estimate of $670.70 million. During the same quarter in the previous year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was up .8% on a year-over-year basis. Analysts expect that Teradata Corp. will post $3.04 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on TDC. Analysts at Longbow Research initiated coverage on shares of Teradata Corp. (NYSE:TDC) in a research note to investors on Thursday, August 29th. They set a “neutral” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Teradata Corp. (NYSE:TDC) from $60.00 to $70.00 in a research note to investors on Monday, August 5th. They now have an “outperform” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Teradata Corp. (NYSE:TDC) from $56.00 to $58.00 in a research note to investors on Friday, August 2nd. They now have a “hold” rating on the stock.
One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $65.53.
Teradata Corporation (NYSE:TDC) is engaged in analytic data solutions, including integrated data warehousing, big data analytics and business applications.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.