Teradata Corporation (NYSE:TDC) Receives Average Rating of "Hold" from Analysts

Teradata Corporation (NYSE:TDC - Get Free Report) has been given an average rating of "Hold" by the ten research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $27.25.

Several research firms recently commented on TDC. Morgan Stanley raised Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target for the company in a report on Tuesday, April 8th. UBS Group upgraded shares of Teradata from a "sell" rating to a "hold" rating and reduced their price target for the company from $26.00 to $24.00 in a research report on Friday, June 6th. Wall Street Zen upgraded shares of Teradata from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th. Northland Capmk downgraded shares of Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Finally, Guggenheim reduced their price objective on shares of Teradata from $37.00 to $35.00 and set a "buy" rating for the company in a research note on Wednesday, May 7th.

Teradata Stock Down 0.9%

Shares of NYSE TDC opened at $21.61 on Monday. The stock has a market cap of $2.07 billion, a PE ratio of 15.22, a PEG ratio of 6.46 and a beta of 0.83. The business has a fifty day moving average of $22.23 and a two-hundred day moving average of $24.09. Teradata has a 52-week low of $18.43 and a 52-week high of $33.69. The company has a debt-to-equity ratio of 3.11, a quick ratio of 0.82 and a current ratio of 0.84.

Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.57 by $0.09. The firm had revenue of $418.00 million during the quarter, compared to analyst estimates of $423.85 million. Teradata had a return on equity of 129.98% and a net margin of 8.10%. The business's revenue for the quarter was down 10.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.57 EPS. As a group, equities research analysts expect that Teradata will post 1.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TDC. One Wealth Advisors LLC acquired a new stake in shares of Teradata during the 2nd quarter worth approximately $283,000. Janney Montgomery Scott LLC acquired a new stake in Teradata in the 2nd quarter valued at $419,000. State of Alaska Department of Revenue boosted its stake in Teradata by 3.3% in the 2nd quarter. State of Alaska Department of Revenue now owns 122,927 shares of the technology company's stock valued at $2,741,000 after buying an additional 3,901 shares in the last quarter. Norden Group LLC boosted its stake in Teradata by 24.6% in the 2nd quarter. Norden Group LLC now owns 11,673 shares of the technology company's stock valued at $260,000 after buying an additional 2,308 shares in the last quarter. Finally, Wedge Capital Management L L P NC boosted its stake in Teradata by 14.8% in the 2nd quarter. Wedge Capital Management L L P NC now owns 85,873 shares of the technology company's stock valued at $1,916,000 after buying an additional 11,042 shares in the last quarter. Institutional investors own 90.31% of the company's stock.

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.

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