Teradata Corp. PT Lowered to $42.50 (TDC)
Credit Suisse lowered their target price on shares of Teradata Corp. (NYSE:TDC) from $45.00 to $42.50 in a research note issued on Friday, American Banking and Market News reports. Credit Suisse’s target price suggests a potential upside of 3.79% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Mizuho cut their price target on shares of Teradata Corp. from $48.00 to $45.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, 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. Finally, 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. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $52.12.
Shares of Teradata Corp. (NYSE:TDC) traded down 0.12% on Friday, hitting $40.95. 5,262,990 shares of the company’s stock traded hands. Teradata Corp. has a 52-week low of $39.16 and a 52-week high of $65.96. The stock has a 50-day moving average of $44.27 and a 200-day moving average of $50.39. The company has a market cap of $6.691 billion and a P/E ratio of 18.21. Teradata Corp. also saw some unusual options trading on Wednesday. Investors bought 7,135 put options on the company. This represents an increase of approximately 327% compared to the average daily volume of 1,671 put options.
Teradata Corp. (NYSE:TDC) last released its earnings data on Thursday, February 6th. The company reported $0.88 EPS for the quarter, beating the Thomson Reuters 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. On average, analysts predict that Teradata Corp. will post $3.00 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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