Teradata (TDC) Posts Quarterly Earnings, Misses Estimates By $0.05 EPS
Teradata (NYSE:TDC) released its earnings data on Thursday. The company reported $0.60 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.65 by $0.05, Analyst Ratings Net reports. The company had revenue of $676.00 million for the quarter, compared to the consensus estimate of $660.70 million. During the same quarter in the prior year, the company posted $0.76 earnings per share. The company’s quarterly revenue was up .9% on a year-over-year basis.
Several analysts have recently commented on the stock. Analysts at Standpoint Research initiated coverage on shares of Teradata in a research note on Monday, July 14th. They set a “buy” rating and a $58.00 price target on the stock. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Teradata in a research note on Monday, June 30th. They now have a $43.00 price target on the stock. Finally, analysts at JMP Securities downgraded shares of Teradata from an “outperform” rating to a “market perform” rating in a research note on Monday, June 23rd. They now have a $63.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the stock. Teradata currently has an average rating of “Hold” and an average price target of $51.12.
Shares of Teradata (NYSE:TDC) traded up 2.76% during mid-day trading on Thursday, hitting $44.24. The stock had a trading volume of 1,634,723 shares. Teradata has a 1-year low of $37.66 and a 1-year high of $64.90. The stock has a 50-day moving average of $42.0 and a 200-day moving average of $43.77. The company has a market cap of $6.977 billion and a price-to-earnings ratio of 18.72.
Teradata Corporation (NYSE:TDC) is engaged in analytic data solutions, including integrated data warehousing, big data analytics and business applications.
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