Teradata Corporation (NYSE:TDC) Receives $27.25 Consensus PT from Analysts

Teradata Corporation (NYSE:TDC - Get Free Report) has received an average recommendation of "Hold" from the ten ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $27.25.

A number of equities research analysts have recently issued reports on the stock. Northland Securities downgraded shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price objective for the company. in a research report on Wednesday, May 7th. Wall Street Zen raised Teradata from a "hold" rating to a "buy" rating in a report on Saturday, June 14th. Northland Capmk downgraded Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Barclays lowered their price objective on Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. Finally, UBS Group raised shares of Teradata from a "sell" rating to a "hold" rating and reduced their target price for the stock from $26.00 to $24.00 in a report on Friday, June 6th.

Teradata Stock Performance

TDC stock traded down $0.57 during trading on Monday, reaching $21.64. The stock had a trading volume of 823,039 shares, compared to its average volume of 992,332. The firm has a market cap of $2.07 billion, a PE ratio of 15.24, a PEG ratio of 6.64 and a beta of 0.83. The company has a current ratio of 0.84, a quick ratio of 0.82 and a debt-to-equity ratio of 3.11. The stock's 50 day moving average is $22.14 and its two-hundred day moving average is $24.00. Teradata has a 52 week low of $18.43 and a 52 week high of $33.69.

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

Institutional Investors Weigh In On Teradata

Institutional investors and hedge funds have recently modified their holdings of the stock. Xponance Inc. increased its holdings in Teradata by 2.3% in the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company's stock valued at $594,000 after acquiring an additional 428 shares during the last quarter. Aster Capital Management DIFC Ltd increased its holdings in shares of Teradata by 53.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after purchasing an additional 543 shares during the last quarter. Vise Technologies Inc. increased its holdings in shares of Teradata by 7.4% in the fourth quarter. Vise Technologies Inc. now owns 9,562 shares of the technology company's stock worth $298,000 after purchasing an additional 662 shares during the last quarter. US Bancorp DE lifted its position in shares of Teradata by 23.0% in the first quarter. US Bancorp DE now owns 4,337 shares of the technology company's stock worth $97,000 after buying an additional 811 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in Teradata by 0.7% during the first quarter. Deutsche Bank AG now owns 130,567 shares of the technology company's stock valued at $2,935,000 after buying an additional 907 shares during 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.