Brokerages Set Teradata Co. (NYSE:TDC) Target Price at $56.90

Teradata Co. (NYSE:TDC - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the ten analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $56.90.

TDC has been the subject of a number of recent research reports. Royal Bank of Canada dropped their target price on Teradata from $59.00 to $48.00 and set a "sector perform" rating for the company in a report on Tuesday, February 13th. JMP Securities reaffirmed a "market outperform" rating and set a $72.00 price target on shares of Teradata in a report on Tuesday, February 13th. Bank of America cut Teradata from a "buy" rating to a "neutral" rating and dropped their price target for the company from $58.00 to $48.00 in a report on Tuesday, February 13th. Citigroup raised their price target on Teradata from $57.00 to $60.00 and gave the company a "buy" rating in a report on Monday, February 12th. Finally, Barclays dropped their price target on Teradata from $43.00 to $39.00 and set an "underweight" rating for the company in a report on Monday, April 15th.

Insider Buying and Selling at Teradata

In other Teradata news, CEO Stephen Mcmillan sold 40,597 shares of the business's stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 528,302 shares of the company's stock, valued at $20,191,702.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Teradata news, CEO Stephen Mcmillan sold 40,597 shares of the business's stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 528,302 shares of the company's stock, valued at $20,191,702.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Kathleen R. Cullen-Cote sold 26,275 shares of the business's 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 sale, the insider now owns 127,595 shares in the company, valued at $4,793,744.15. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 76,615 shares of company stock valued at $2,903,644. Company insiders own 0.92% of the company's stock.

Institutional Trading of Teradata

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Teradata by 4.4% in the third quarter. Vanguard Group Inc. now owns 11,671,512 shares of the technology company's stock valued at $525,451,000 after purchasing an additional 496,702 shares in the last quarter. American Century Companies Inc. raised its holdings in Teradata by 21.2% during the third quarter. American Century Companies Inc. now owns 2,585,939 shares of the technology company's stock worth $116,419,000 after acquiring an additional 451,816 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Teradata by 7.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,584,625 shares of the technology company's stock worth $68,948,000 after acquiring an additional 116,489 shares in the last quarter. AQR Capital Management LLC raised its holdings in Teradata by 7.0% during the third quarter. AQR Capital Management LLC now owns 1,362,284 shares of the technology company's stock worth $61,330,000 after acquiring an additional 89,280 shares in the last quarter. Finally, Boston Trust Walden Corp raised its holdings in Teradata by 3.1% during the fourth quarter. Boston Trust Walden Corp now owns 1,267,342 shares of the technology company's stock worth $55,142,000 after acquiring an additional 38,043 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors.

Teradata Stock Performance

Teradata stock traded up $0.06 during trading hours on Friday, hitting $37.67. The stock had a trading volume of 886,257 shares, compared to its average volume of 793,724. Teradata has a fifty-two week low of $35.36 and a fifty-two week high of $57.73. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 4.02. The company has a 50-day moving average of $37.79 and a two-hundred day moving average of $42.61. The company has a market cap of $3.68 billion, a PE ratio of 61.75, a price-to-earnings-growth ratio of 1.66 and a beta of 0.95.

Teradata (NYSE:TDC - Get Free Report) last issued its earnings results on Monday, February 12th. The technology company reported $0.56 earnings per share (EPS) 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 business had revenue of $457.00 million during the quarter, compared to analysts' expectations of $455.84 million. During the same period in the prior year, the firm posted $0.05 EPS. Teradata's quarterly revenue was up 1.1% compared to the same quarter last year. On average, equities research analysts anticipate that Teradata will post 1.27 EPS for the current fiscal 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.