Teradata (NYSE:TDC) Reaches New 12-Month Low at $36.56

Teradata Co. (NYSE:TDC - Get Free Report) hit a new 52-week low on Friday . The stock traded as low as $36.56 and last traded at $36.57, with a volume of 336082 shares traded. The stock had previously closed at $37.50.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on TDC shares. Bank of America lowered Teradata from a "buy" rating to a "neutral" rating and cut their target price for the stock from $58.00 to $48.00 in a research report on Tuesday, February 13th. Royal Bank of Canada cut their target price on Teradata from $59.00 to $48.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 13th. Barclays cut their target price on Teradata from $46.00 to $43.00 and set an "underweight" rating on the stock in a research report on Tuesday, February 13th. Citigroup raised their target price on Teradata from $57.00 to $60.00 and gave the stock a "buy" rating in a research report on Monday, February 12th. Finally, JMP Securities reissued a "market outperform" rating and set a $72.00 target price on shares of Teradata in a research report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $57.30.

Teradata Price Performance

The stock has a fifty day moving average of $39.29 and a two-hundred day moving average of $43.21. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of 59.49, a price-to-earnings-growth ratio of 1.66 and a beta of 0.95. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 4.02.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings data on Monday, February 12th. The technology company reported $0.56 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.05. Teradata had a return on equity of 58.25% and a net margin of 3.38%. The firm had revenue of $457.00 million for the quarter, compared to analyst estimates of $455.84 million. During the same quarter in the prior year, the company posted $0.05 earnings per share. Teradata's quarterly revenue was up 1.1% on a year-over-year basis. On average, equities research analysts anticipate that Teradata Co. will post 1.27 earnings per share for the current year.

Insider Buying and Selling at Teradata

In other Teradata news, insider Hillary Ashton sold 9,743 shares of the company's stock in a transaction on Friday, March 1st. The stock was sold at an average price of $37.45, for a total value of $364,875.35. Following the sale, the insider now owns 156,704 shares of the company's stock, valued at $5,868,564.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Stephen Mcmillan sold 40,597 shares of the company's stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total value of $1,551,617.34. Following the sale, the chief executive officer now directly owns 528,302 shares in the company, valued at $20,191,702.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Hillary Ashton sold 9,743 shares of the company's stock in a transaction on Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of the sale, the insider now owns 156,704 shares in the company, valued at $5,868,564.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 76,615 shares of company stock valued at $2,903,644. Insiders own 0.92% of the company's stock.

Institutional Trading of Teradata

Several institutional investors and hedge funds have recently made changes to their positions in TDC. Vanguard Group Inc. lifted its position in Teradata by 4.4% during the third quarter. Vanguard Group Inc. now owns 11,671,512 shares of the technology company's stock worth $525,451,000 after buying an additional 496,702 shares during the period. BlackRock Inc. lifted its position in Teradata by 7.0% during the first quarter. BlackRock Inc. now owns 11,458,957 shares of the technology company's stock worth $461,567,000 after buying an additional 748,428 shares during the period. Lynrock Lake LP lifted its position in Teradata by 2.0% during the fourth quarter. Lynrock Lake LP now owns 5,169,066 shares of the technology company's stock worth $173,991,000 after buying an additional 102,400 shares during the period. Capital International Investors lifted its position in Teradata by 11.2% during the first quarter. Capital International Investors now owns 3,843,434 shares of the technology company's stock worth $189,443,000 after buying an additional 388,599 shares during the period. Finally, State Street Corp lifted its position in Teradata by 3.2% during the first quarter. State Street Corp now owns 2,953,041 shares of the technology company's stock worth $118,948,000 after buying an additional 92,045 shares during the period. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Company Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.