Teradata Corporation (NYSE:TDC) Given Average Rating of “Hold” by Analysts

Teradata Corporation (NYSE:TDC) has received a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $30.30.

Several research analysts recently issued reports on TDC shares. Citigroup upped their price target on shares of Teradata from $33.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday. Zacks Research upgraded shares of Teradata from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 20th. Wall Street Zen raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Citizens Jmp raised shares of Teradata from a “market perform” rating to an “outperform” rating and set a $42.00 price target for the company in a report on Monday, November 10th. Finally, Evercore ISI upped their price objective on Teradata from $25.00 to $28.00 and gave the stock an “outperform” rating in a report on Wednesday, November 5th.

Teradata Trading Down 1.4%

TDC stock opened at $26.77 on Friday. The business has a fifty day moving average price of $30.08 and a 200 day moving average price of $25.10. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.90 and a quick ratio of 0.89. Teradata has a fifty-two week low of $18.43 and a fifty-two week high of $32.03. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 21.94, a P/E/G ratio of 3.43 and a beta of 0.61.

Teradata (NYSE:TDC) last announced its earnings results on Tuesday, November 4th. The technology company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.53 by $0.19. Teradata had a return on equity of 83.22% and a net margin of 7.15%.The company had revenue of $416.00 million for the quarter, compared to analysts’ expectations of $406.30 million. During the same quarter in the prior year, the business earned $0.69 earnings per share. The business’s revenue for the quarter was down 5.5% on a year-over-year basis. Analysts expect that Teradata will post 1.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Teradata

Several hedge funds have recently added to or reduced their stakes in TDC. AQR Capital Management LLC raised its holdings in Teradata by 175.3% during the 2nd quarter. AQR Capital Management LLC now owns 3,913,277 shares of the technology company’s stock worth $86,914,000 after purchasing an additional 2,491,938 shares during the last quarter. Alyeska Investment Group L.P. acquired a new stake in shares of Teradata during the 3rd quarter worth approximately $23,549,000. Boston Partners raised its stake in shares of Teradata by 2,172.3% during the second quarter. Boston Partners now owns 1,108,665 shares of the technology company’s stock worth $24,731,000 after buying an additional 1,059,875 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Teradata by 5.0% during the fourth quarter. Vanguard Group Inc. now owns 12,953,545 shares of the technology company’s stock worth $394,306,000 after buying an additional 612,624 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in Teradata in the second quarter valued at approximately $11,309,000. Institutional investors own 90.31% of the company’s stock.

Teradata Company Profile

Teradata Corporation is a global provider of enterprise analytics and data management solutions designed to help organizations unlock value from their data assets. The company offers both cloud-based and on-premises platforms that support data warehousing, big data analytics, and machine learning. Through its flagship analytics ecosystem, Teradata enables businesses to integrate, analyze, and manage large volumes of structured and unstructured data at scale.

Central to Teradata’s product suite is the Teradata Vantage analytics platform, which unifies diverse data types across multiple environments—including public and private clouds—into a single, coherent architecture.