Brokerages Set Teradata Co. (NYSE:TDC) Target Price at $57.30

Shares of Teradata Co. (NYSE:TDC - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $57.30.

TDC has been the subject of several analyst reports. Citigroup lifted their price objective on Teradata from $57.00 to $60.00 and gave the company a "buy" rating in a report on Monday, February 12th. Bank of America lowered Teradata from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $58.00 to $48.00 in a research report on Tuesday, February 13th. JMP Securities reiterated a "market outperform" rating and issued a $72.00 price target on shares of Teradata in a research report on Tuesday, February 13th. Morgan Stanley lowered Teradata from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $74.00 to $48.00 in a research report on Tuesday, February 13th. Finally, StockNews.com lowered Teradata from a "strong-buy" rating to a "buy" rating in a report on Tuesday.

Insider Activity

In other news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the company's stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total value of $987,151.75. Following the completion of the sale, the insider now directly owns 127,595 shares in the company, valued at approximately $4,793,744.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $37.57, for a total value of $987,151.75. Following the completion of the transaction, the insider now owns 127,595 shares of the company's stock, valued at approximately $4,793,744.15. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Hillary Ashton sold 9,743 shares of the firm's stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $37.45, for a total transaction of $364,875.35. Following the completion of the sale, the insider now directly owns 156,704 shares of the company's stock, valued at approximately $5,868,564.80. The disclosure for this sale can be found here. Insiders have sold 105,866 shares of company stock valued at $4,170,505 in the last ninety days. 0.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Teradata

Several institutional investors have recently bought and sold shares of TDC. Orion Portfolio Solutions LLC lifted its position in Teradata by 3.5% during the third quarter. Orion Portfolio Solutions LLC now owns 7,583 shares of the technology company's stock valued at $341,000 after purchasing an additional 259 shares during the period. Fifth Third Bancorp boosted its holdings in Teradata by 6.8% in the 3rd quarter. Fifth Third Bancorp now owns 4,336 shares of the technology company's stock valued at $195,000 after purchasing an additional 276 shares during the last quarter. HB Wealth Management LLC boosted its holdings in Teradata by 4.5% in the 4th quarter. HB Wealth Management LLC now owns 6,488 shares of the technology company's stock valued at $282,000 after purchasing an additional 280 shares during the last quarter. Cipher Capital LP lifted its holdings in shares of Teradata by 4.6% in the 2nd quarter. Cipher Capital LP now owns 6,702 shares of the technology company's stock worth $358,000 after acquiring an additional 296 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Teradata by 3.4% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 9,169 shares of the technology company's stock worth $399,000 after acquiring an additional 305 shares during the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Trading Down 0.6 %

Shares of TDC traded down $0.23 during trading hours on Tuesday, hitting $38.18. 729,941 shares of the stock traded hands, compared to its average volume of 1,171,953. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 4.02. Teradata has a 1-year low of $36.72 and a 1-year high of $57.73. The firm has a market capitalization of $3.73 billion, a PE ratio of 62.59, a price-to-earnings-growth ratio of 1.70 and a beta of 0.95. The business has a fifty day moving average of $40.82 and a 200-day moving average of $43.57.

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

About Teradata

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.