Teradata Corporation (NYSE:TDC) Stock Now Rated "Hold" by Wall Street Brokerages

Key Points

• Teradata has a consensus “Hold” rating among 10 covering brokerages: six holds, three buys and one sell. Analysts’ average 12-month price target is $34.33, above the reported $30.47 share price.
• Recent analyst actions have generally been cautious, including Morgan Stanley lowering its price target to $29 and Barclays cutting its target to $27 while maintaining an “underweight” rating.
• Teradata reported quarterly EPS of $0.69, beating the $0.56 consensus estimate, while revenue reached $410 million versus expectations of $396.13 million. Institutional investors own 90.31% of the company, while executives recently sold shares under pre-arranged trading plans.

Teradata Corporation (NYSE:TDC - Get Free Report) has been given a consensus rating of "Hold" by the ten brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $34.33.

TDC has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Teradata in a research report on Monday, September 21st. Wall Street Zen cut Teradata from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 8th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $29.00 price target (down from $35.00) on shares of Teradata in a research note on Monday, August 10th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $34.00 price target on shares of Teradata in a research note on Thursday, July 16th. Finally, Barclays cut their price objective on shares of Teradata from $28.00 to $27.00 and set an "underweight" rating for the company in a research report on Wednesday, August 5th.

Insider Activity

In other news, CEO Stephen Mcmillan sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $30.02, for a total value of $300,200.00. Following the completion of the transaction, the chief executive officer directly owned 752,446 shares in the company, valued at approximately $22,588,428.92. The trade was a 1.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Michael Hutchinson sold 48,077 shares of the company's stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $30.00, for a total transaction of $1,442,310.00. Following the sale, the chief operating officer directly owned 171,927 shares of the company's stock, valued at approximately $5,157,810. This trade represents a 21.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.96% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. NorthCrest Asset Manangement LLC lifted its stake in Teradata by 44.0% during the third quarter. NorthCrest Asset Manangement LLC now owns 12,046 shares of the technology company's stock worth $365,000 after purchasing an additional 3,681 shares during the last quarter. Tactive Advisors LLC acquired a new stake in shares of Teradata in the 3rd quarter valued at $721,000. Elevation Wealth Partners LLC boosted its holdings in shares of Teradata by 65.7% in the 3rd quarter. Elevation Wealth Partners LLC now owns 1,959 shares of the technology company's stock valued at $56,000 after purchasing an additional 777 shares in the last quarter. RVW Wealth LLC bought a new position in shares of Teradata in the 3rd quarter valued at $294,000. Finally, Parrish Capital LLC increased its stake in shares of Teradata by 9.2% in the 3rd quarter. Parrish Capital LLC now owns 38,356 shares of the technology company's stock valued at $1,106,000 after purchasing an additional 3,218 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Stock Down 0.7%

NYSE TDC opened at $30.47 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.08. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 6.41, a PEG ratio of 2.28 and a beta of 0.62. The company has a 50 day moving average of $28.54 and a 200-day moving average of $29.91. Teradata has a 1-year low of $20.54 and a 1-year high of $41.78.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 47.25% and a net margin of 27.08%. The business had revenue of $410.00 million for the quarter, compared to the consensus estimate of $396.13 million. During the same quarter in the prior year, the business posted $0.47 earnings per share. The firm's quarterly revenue was up .5% compared to the same quarter last year. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. On average, equities research analysts expect that Teradata will post 1.79 earnings per share for the current fiscal year.

About Teradata

Teradata Corporation NYSE: TDC is a data and analytics company that provides cloud-based data platforms, software, and services to help organizations manage, analyze, and derive insights from large and complex data sets. Its offerings support enterprise data warehousing, business intelligence, artificial intelligence, and machine learning applications.

The company's primary platform is Teradata VantageCloud, which is designed to provide analytics across public, private, and hybrid cloud environments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.