Teradata (NYSE:TDC) Upgraded at UBS Group

Teradata (NYSE:TDC - Get Free Report) was upgraded by analysts at UBS Group from a "sell" rating to a "hold" rating in a report issued on Friday, MarketBeat.com reports. The brokerage presently has a $24.00 price objective on the technology company's stock, down from their prior price objective of $26.00. UBS Group's target price suggests a potential upside of 6.25% from the stock's previous close.

TDC has been the topic of several other reports. Wall Street Zen downgraded Teradata from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, April 8th. Guggenheim lowered their price objective on Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. Royal Bank of Canada lowered their price objective on Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research report on Wednesday, February 12th. Northland Capmk downgraded Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Finally, 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. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $27.25.

Teradata Stock Performance

NYSE TDC traded up $0.21 on Friday, hitting $22.59. 897,036 shares of the company traded hands, compared to its average volume of 1,039,969. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 19.31, a P/E/G ratio of 6.23 and a beta of 0.83. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The business's 50 day moving average price is $21.58 and its 200-day moving average price is $26.06. Teradata has a 52-week low of $18.43 and a 52-week high of $35.60.

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

Institutional Investors Weigh In On Teradata

Several large investors have recently added to or reduced their stakes in TDC. Tsfg LLC bought a new stake in Teradata during the first quarter worth approximately $26,000. UMB Bank n.a. increased its stake in Teradata by 153.1% during the first 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 last quarter. Aster Capital Management DIFC Ltd increased its stake in Teradata by 53.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after acquiring an additional 543 shares during the last quarter. Venturi Wealth Management LLC increased its stake in Teradata by 20.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company's stock worth $66,000 after acquiring an additional 365 shares during the last quarter. Finally, Zions Bancorporation National Association UT bought a new stake in Teradata during the first quarter worth approximately $76,000. 90.31% of the stock is owned by institutional investors.

About Teradata

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.