Analysts Set Teradata Corporation (NYSE:TDC) Price Target at $27.25

Shares of Teradata Corporation (NYSE:TDC - Get Free Report) have been assigned a consensus rating of "Hold" from the ten brokerages that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $27.25.

TDC has been the topic of a number of recent research reports. Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target on the stock in a research report on Tuesday, April 8th. Guggenheim reduced their price target on shares of Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. Wall Street Zen raised shares of Teradata from a "hold" rating to a "buy" rating in a report on Saturday, June 14th. Northland Capmk cut shares of Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. Finally, Northland Securities cut shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price objective on the stock. in a report on Wednesday, May 7th.

Teradata Stock Performance

Shares of Teradata stock traded up $0.22 during trading hours on Thursday, reaching $21.95. The company's stock had a trading volume of 3,200,947 shares, compared to its average volume of 1,068,187. The company's 50 day simple moving average is $22.01 and its 200 day simple moving average is $25.09. 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 has a one year low of $18.43 and a one year high of $35.60. The stock has a market cap of $2.10 billion, a P/E ratio of 15.46, a price-to-earnings-growth ratio of 6.56 and a beta of 0.83.

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

Hedge Funds Weigh In On Teradata

Large investors have recently bought and sold shares of the stock. Tsfg LLC acquired a new position in Teradata during the 1st quarter valued at about $26,000. Aster Capital Management DIFC Ltd increased its stake in Teradata by 53.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock valued at $49,000 after buying an additional 543 shares during the period. UMB Bank n.a. increased its stake in Teradata by 153.1% during the 1st quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock valued at $43,000 after buying an additional 1,153 shares during the period. Zions Bancorporation National Association UT acquired a new position in Teradata during the 1st quarter valued at about $76,000. Finally, Raiffeisen Bank International AG acquired a new position in Teradata during the 4th quarter valued at about $117,000. Institutional investors and hedge funds 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.