Share on StockTwits

Teradata Corp. (NYSE:TDC) updated its FY14 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $2.85-3.00 for the period, compared to the Thomson Reuters consensus estimate of $3.05, AnalystRatings.NET reports. The company issued revenue guidance of +3-7% to ~$2.77-2.88 billion, compared to the consensus revenue estimate of $2.83 billion.

Shares of Teradata Corp. (NYSE:TDC) opened at 41.06 on Thursday. Teradata Corp. has a 1-year low of $39.16 and a 1-year high of $65.96. The stock has a 50-day moving average of $44.30 and a 200-day moving average of $50.45. The company has a market cap of $6.709 billion and a price-to-earnings ratio of 18.23. Teradata Corp. also was the recipient of unusually large options trading activity on Wednesday. Stock investors acquired 7,135 put options on the stock. This is an increase of 327% compared to the average volume of 1,671 put options.

Teradata Corp. (NYSE:TDC) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.03. The company had revenue of $769.00 million for the quarter, compared to the consensus estimate of $743.60 million. During the same quarter in the prior year, the company posted $0.79 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. Analysts expect that Teradata Corp. will post $2.73 EPS for the current fiscal year.

A number of research firms have recently commented on TDC. Analysts at Pacific Crest cut their price target on shares of Teradata Corp. from $60.00 to $56.00 in a research note to investors on Wednesday. On a related note, analysts at Susquehanna cut their price target on shares of Teradata Corp. from $61.00 to $58.00 in a research note to investors on Friday, January 31st. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Teradata Corp. from a neutral rating to a sell rating in a research note to investors on Wednesday, January 29th. They now have a $36.00 price target on the stock, down previously from $48.00. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of $53.48.

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.