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Shares of Teradata (NYSE:TDC) were the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 18,381,973 shares, an increase of 20.1% from the July 15th total of 15,301,454 shares, American Banking & Market News reports. Based on an average daily volume of 1,741,835 shares, the days-to-cover ratio is currently 10.6 days. Currently, 11.8% of the shares of the stock are sold short.

A number of analysts have recently weighed in on TDC shares. Analysts at BMO Capital Markets cut their price target on shares of Teradata from $45.00 to $44.00 in a research note on Friday, August 8th. Separately, 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. 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 investment analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $51.23.

Teradata (NYSE:TDC) opened at 42.87 on Friday. Teradata has a 52 week low of $37.66 and a 52 week high of $62.18. The stock has a 50-day moving average of $41.89 and a 200-day moving average of $43.67. The company has a market cap of $6.645 billion and a price-to-earnings ratio of 18.90.

Teradata (NYSE:TDC) last announced its earnings results on Thursday, August 7th. The company reported $0.60 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.65 by $0.05. The company had revenue of $676.00 million for the quarter, compared to the consensus estimate of $660.70 million. During the same quarter last year, the company posted $0.76 earnings per share. Teradata’s revenue was up .9% compared to the same quarter last year. On average, analysts predict that Teradata will post $2.86 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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