Teradata (NYSE:TDC) Upgraded at Wall Street Zen

Teradata (NYSE:TDC - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

Several other research analysts have also weighed in on TDC. UBS Group raised shares of Teradata from a "sell" rating to a "hold" rating and reduced their price objective for the stock from $26.00 to $24.00 in a research note on Friday, June 6th. Guggenheim reduced their price objective on shares of Teradata from $37.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Northland Securities lowered shares of Teradata from an "outperform" rating to a "market perform" rating and set a $21.00 price objective on the stock. in a research note on Wednesday, May 7th. Northland Capmk lowered shares of Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Finally, Morgan Stanley raised 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 note on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Teradata presently has a consensus rating of "Hold" and a consensus target price of $27.25.

Teradata Stock Down 3.4%

Shares of NYSE:TDC opened at $21.43 on Friday. Teradata has a one year low of $18.43 and a one year high of $35.60. The company has a 50 day moving average of $21.76 and a 200-day moving average of $25.88. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 18.32, a P/E/G ratio of 6.23 and a beta of 0.83.

Teradata (NYSE:TDC - Get Free Report) last released 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. Teradata had a net margin of 6.51% and a return on equity of 149.16%. The business had revenue of $418.00 million for the quarter, compared to analyst estimates of $423.85 million. During the same quarter last year, the firm earned $0.57 EPS. Teradata's quarterly revenue was down 10.1% compared to the same quarter last year. On average, sell-side analysts forecast that Teradata will post 1.31 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Acadian Asset Management LLC lifted its position in shares of Teradata by 78.1% in the first quarter. Acadian Asset Management LLC now owns 106,651 shares of the technology company's stock worth $2,395,000 after purchasing an additional 46,779 shares in the last quarter. Bayforest Capital Ltd bought a new stake in shares of Teradata in the first quarter worth $597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Teradata by 23.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,382,863 shares of the technology company's stock worth $31,087,000 after purchasing an additional 258,775 shares in the last quarter. Kestra Investment Management LLC lifted its position in shares of Teradata by 156.3% in the first quarter. Kestra Investment Management LLC now owns 76,855 shares of the technology company's stock worth $1,722,000 after purchasing an additional 46,867 shares in the last quarter. Finally, New Vernon Capital Holdings II LLC lifted its position in shares of Teradata by 4,865.1% in the first quarter. New Vernon Capital Holdings II LLC now owns 212,458 shares of the technology company's stock worth $4,776,000 after purchasing an additional 208,179 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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