Brokerages Set Teradata Co. (NYSE:TDC) PT at $33.70

Shares of Teradata Co. (NYSE:TDC - Get Free Report) have received a consensus rating of "Hold" from the ten brokerages that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, five have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $27.50.

A number of equities research analysts have recently commented on TDC shares. Morgan Stanley raised Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective for the company in a research report on Tuesday, April 8th. Royal Bank of Canada dropped their price objective on shares of Teradata from $32.00 to $29.00 and set a "sector perform" rating for the company in a research note on Wednesday, February 12th. Evercore ISI decreased their target price on shares of Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. Northland Securities lowered shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price target for the company. in a research report on Wednesday. Finally, Guggenheim cut their price target on shares of Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday.

Institutional Trading of Teradata

Institutional investors have recently added to or reduced their stakes in the business. Tsfg LLC acquired a new position in shares of Teradata during the first quarter worth about $26,000. Independence Bank of Kentucky acquired a new position in Teradata during the 4th quarter worth approximately $37,000. UMB Bank n.a. boosted its holdings in Teradata by 153.1% in the 1st quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock worth $43,000 after acquiring an additional 1,153 shares during the period. Aster Capital Management DIFC Ltd grew its position in Teradata by 53.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock valued at $49,000 after acquiring an additional 543 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Teradata by 91.5% during the fourth quarter. GAMMA Investing LLC now owns 1,829 shares of the technology company's stock valued at $57,000 after purchasing an additional 874 shares during the period. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Price Performance

Shares of NYSE TDC traded down $0.18 during trading on Wednesday, reaching $22.47. The company had a trading volume of 1,164,278 shares, compared to its average volume of 1,026,823. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. Teradata has a twelve month low of $18.43 and a twelve month high of $35.60. The stock has a 50-day moving average price of $21.85 and a two-hundred day moving average price of $27.32. The stock has a market capitalization of $2.15 billion, a PE ratio of 19.21, a price-to-earnings-growth ratio of 6.23 and a beta of 0.80.

Teradata (NYSE:TDC - Get Free Report) last released its earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.09. The company had revenue of $418.00 million for the quarter, compared to analyst estimates of $423.85 million. Teradata had a net margin of 6.51% and a return on equity of 149.16%. The firm's quarterly revenue was down 10.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.57 EPS. As a group, sell-side analysts predict that Teradata will post 1.31 earnings per share for the current year.

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.