Teradata (NYSE:TDC) Upgraded at Zacks Research

Key Points

• Teradata has been upgraded by Zacks Research from a "strong sell" to a "hold" rating, marking a significant change in analyst sentiment towards the stock.
• Despite the upgrade, UBS Group has lowered its price target for Teradata from $24 to $23, and the overall consensus rating is currently "Hold" with a target price of $26.86.
• In recent trading, Teradata shares have shown a 0.2% decline, closing at $21.28, with a year-to-date performance indicating a push towards recovery following a decreased revenue of 6.4% year-over-year.

Teradata (NYSE:TDC - Get Free Report) was upgraded by equities research analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other research analysts have also recently commented on TDC. UBS Group dropped their price target on Teradata from $24.00 to $23.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 6th. Wall Street Zen raised Teradata from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Teradata in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Teradata presently has an average rating of "Hold" and a consensus target price of $26.86.

Teradata Stock Down 0.2%

Teradata stock traded down $0.04 during trading on Monday, hitting $21.28. 219,565 shares of the company were exchanged, compared to its average volume of 1,225,878. The business's 50 day moving average is $21.40 and its 200 day moving average is $21.60. Teradata has a 52 week low of $18.43 and a 52 week high of $33.69. The company has a market capitalization of $2.01 billion, a P/E ratio of 18.83, a PEG ratio of 5.28 and a beta of 0.77. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.78.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.06. The firm had revenue of $408.00 million during the quarter, compared to the consensus estimate of $399.73 million. Teradata had a return on equity of 96.29% and a net margin of 6.57%.The business's revenue for the quarter was down 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 EPS. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. Analysts predict that Teradata will post 1.31 earnings per share for the current year.

Institutional Trading of Teradata

Several institutional investors and hedge funds have recently modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of Teradata by 27.6% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 80,009 shares of the technology company's stock valued at $1,721,000 after buying an additional 17,300 shares in the last quarter. Diversified Trust Co bought a new stake in shares of Teradata during the third quarter valued at approximately $398,000. CWM LLC raised its stake in Teradata by 39.4% during the third quarter. CWM LLC now owns 70,367 shares of the technology company's stock valued at $1,514,000 after buying an additional 19,876 shares during the last quarter. Harbor Capital Advisors Inc. raised its stake in Teradata by 12.7% during the third quarter. Harbor Capital Advisors Inc. now owns 27,763 shares of the technology company's stock valued at $597,000 after buying an additional 3,121 shares during the last quarter. Finally, Exchange Traded Concepts LLC raised its stake in shares of Teradata by 420.8% in the third quarter. Exchange Traded Concepts LLC now owns 58,687 shares of the technology company's stock worth $1,262,000 after purchasing an additional 47,419 shares during the last quarter. Hedge funds and other 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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