Teradata Corporation (TDC) Receives Average Rating of “Hold” from Analysts

Teradata Corporation (NYSE:TDC) has been assigned an average rating of “Hold” from the fourteen research firms that are covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $31.75.

Several equities research analysts recently commented on the company. Mizuho raised their target price on Teradata from $26.00 to $32.00 and gave the company an “underperform” rating in a report on Thursday, November 2nd. Deutsche Bank raised their target price on Teradata from $30.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, October 24th. Royal Bank of Canada reiterated a “hold” rating and set a $30.00 target price on shares of Teradata in a report on Wednesday, October 18th. BMO Capital Markets raised their target price on Teradata from $32.00 to $40.00 and gave the company a “market perform” rating in a report on Friday, November 3rd. Finally, Summit Redstone upgraded Teradata from a “hold” rating to a “buy” rating in a report on Monday, November 13th.

In other Teradata news, CFO Mark Culhane acquired 4,500 shares of the company’s stock in a transaction on Friday, December 1st. The shares were bought at an average cost of $37.66 per share, for a total transaction of $169,470.00. Following the acquisition, the chief financial officer now directly owns 29,924 shares of the company’s stock, valued at $1,126,937.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.73% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of the business. GSA Capital Partners LLP purchased a new stake in Teradata during the 3rd quarter worth approximately $433,000. Vident Investment Advisory LLC increased its holdings in Teradata by 7.1% during the 3rd quarter. Vident Investment Advisory LLC now owns 91,433 shares of the technology company’s stock worth $3,090,000 after purchasing an additional 6,072 shares during the last quarter. Cornerstone Capital Management Holdings LLC. increased its holdings in Teradata by 2,458.9% during the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 305,531 shares of the technology company’s stock worth $10,322,000 after purchasing an additional 293,591 shares during the last quarter. Alyeska Investment Group L.P. increased its holdings in Teradata by 259.2% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,764,202 shares of the technology company’s stock worth $93,402,000 after purchasing an additional 1,994,620 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its holdings in Teradata by 22.7% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 9,594 shares of the technology company’s stock worth $324,000 after purchasing an additional 1,775 shares during the last quarter. Institutional investors own 97.94% of the company’s stock.

Teradata (NYSE:TDC) traded down $0.20 during midday trading on Thursday, hitting $38.71. The stock had a trading volume of 2,081,139 shares, compared to its average volume of 1,620,963. The firm has a market cap of $4,663.34, a price-to-earnings ratio of 34.41, a P/E/G ratio of 14.18 and a beta of 1.26. Teradata has a fifty-two week low of $26.55 and a fifty-two week high of $39.33. The company has a quick ratio of 1.56, a current ratio of 1.61 and a debt-to-equity ratio of 0.69.

Teradata (NYSE:TDC) last released its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.17. The business had revenue of $526.00 million for the quarter, compared to analyst estimates of $511.23 million. Teradata had a return on equity of 16.47% and a net margin of 3.01%. The company’s revenue was down 4.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 EPS. equities analysts expect that Teradata will post 0.91 earnings per share for the current fiscal year.

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Teradata Company Profile

Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.

Analyst Recommendations for Teradata (NYSE:TDC)

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