Teradata Corp. Coverage Initiated at Atlantic Securities (TDC)
Analysts at Atlantic Securities began coverage on shares of Teradata Corp. (NYSE:TDC) in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports. The firm set an “overweight” rating on the stock.
A number of other analysts have also recently weighed in on TDC. Analysts at RBC Capital downgraded shares of Teradata Corp. from an “outperform” rating to a “sector perform” rating in a research note to investors on Thursday, December 12th. They now have a $41.00 price target on the stock, down previously from $55.00. Separately, analysts at Morgan Stanley downgraded shares of Teradata Corp. from an “equal weight” rating to an “underweight” rating in a research note to investors on Tuesday, December 3rd. They now have a $36.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Teradata Corp. from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $54.52.
Teradata Corp. (NYSE:TDC) traded down 0.63% on Monday, hitting $44.03. The stock had a trading volume of 2,443,134 shares. Teradata Corp. has a 1-year low of $39.16 and a 1-year high of $69.65. The stock’s 50-day moving average is $43.81 and its 200-day moving average is $51.63. The company has a market cap of $7.194 billion and a price-to-earnings ratio of 19.68.
Teradata Corp. (NYSE:TDC) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.70 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.81 by $0.11. The company had revenue of $666.00 million for the quarter, compared to the consensus estimate of $698.92 million. During the same quarter in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. On average, analysts predict that Teradata Corp. will post $2.74 earnings per share for the current fiscal year.
Teradata Corporation (NYSE:TDC) is engaged in analytic data solutions, including integrated data warehousing, big data analytics and business applications.
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