Teradata’s Buy Rating Reiterated at Longbow Research (TDC)
Teradata (NYSE:TDC)‘s stock had its “buy” rating reiterated by equities researchers at Longbow Research in a research report issued on Thursday. They currently have a $50.00 price target on the stock. Longbow Research’s price target suggests a potential upside of 9.17% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays downgraded shares of Teradata from an “overweight” rating to an “equal weight” rating in a research note on Thursday. They now have a $46.00 price target on the stock. Separately, 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. Finally, 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. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $51.29.
Shares of Teradata (NYSE:TDC) opened at 45.80 on Thursday. Teradata has a 52 week low of $37.66 and a 52 week high of $61.01. The stock has a 50-day moving average of $43.2 and a 200-day moving average of $43.91. The company has a market cap of $7.099 billion and a P/E ratio of 20.41.
Teradata (NYSE:TDC) last announced its earnings results on Thursday, August 7th. The company reported $0.60 earnings per share (EPS) for the quarter, missing the 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 in the previous year, the company posted $0.76 earnings per share. The company’s revenue for the quarter was up .9% on a year-over-year basis. Analysts expect that Teradata will post $2.86 EPS 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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