Teradata Corporation (NYSE:TDC) Given Average Recommendation of "Hold" by Analysts

Teradata Corporation (NYSE:TDC - Get Free Report) has been assigned a consensus rating of "Hold" from the ten ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $27.25.

TDC has been the topic of a number of research analyst reports. Guggenheim cut their target price 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. Northland Capmk lowered shares of Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. Morgan Stanley upgraded shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price objective on the stock in a report on Tuesday, April 8th. Northland Securities downgraded shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 target price for the company. in a research report on Wednesday, May 7th. Finally, Barclays decreased their target price on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a research report on Monday, April 21st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC lifted its stake in shares of Teradata by 13.2% during the 4th quarter. Sanctuary Advisors LLC now owns 15,900 shares of the technology company's stock valued at $515,000 after buying an additional 1,856 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in shares of Teradata by 16.7% in the 4th quarter. Handelsbanken Fonder AB now owns 25,104 shares of the technology company's stock worth $782,000 after buying an additional 3,600 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Teradata in the 4th quarter worth $775,000. Bank of New York Mellon Corp grew its holdings in shares of Teradata by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 930,008 shares of the technology company's stock valued at $28,970,000 after purchasing an additional 10,747 shares during the last quarter. Finally, Amalgamated Bank grew its holdings in shares of Teradata by 2.0% during the 4th quarter. Amalgamated Bank now owns 46,944 shares of the technology company's stock valued at $1,462,000 after purchasing an additional 911 shares during the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Stock Performance

Shares of TDC traded up $0.16 during mid-day trading on Thursday, hitting $21.74. 940,467 shares of the company's stock were exchanged, compared to its average volume of 1,055,332. Teradata has a 52 week low of $18.43 and a 52 week high of $35.60. The stock's 50-day simple moving average is $21.95 and its 200-day simple moving average is $25.34. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 15.31, a price-to-earnings-growth ratio of 6.53 and a beta of 0.83. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 3.11.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings data 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 business 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 firm's quarterly revenue was down 10.1% compared to the same quarter last year. During the same period last year, the firm posted $0.57 earnings per share. On average, equities research analysts expect that Teradata will post 1.31 EPS 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.