Teradata Co. (NYSE:TDC) Receives Consensus Rating of “Hold” from Analysts

Shares of Teradata Co. (NYSE:TDC) have received a consensus rating of “Hold” from the eleven analysts that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $40.00.

A number of equities analysts have commented on the stock. UBS Group lifted their price objective on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research note on Tuesday, November 5th. Northland Securities reduced their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Evercore ISI upped their price objective on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Barclays boosted their target price on Teradata from $29.00 to $30.00 and gave the company an “underweight” rating in a research report on Friday, December 6th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $32.00 price target on shares of Teradata in a research report on Tuesday, November 5th.

Hedge Funds Weigh In On Teradata

A number of institutional investors have recently added to or reduced their stakes in TDC. Algert Global LLC boosted its stake in Teradata by 46.3% during the third quarter. Algert Global LLC now owns 113,106 shares of the technology company’s stock worth $3,432,000 after buying an additional 35,800 shares during the period. Pacer Advisors Inc. lifted its holdings in shares of Teradata by 21.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock worth $62,843,000 after acquiring an additional 369,123 shares during the last quarter. John G Ullman & Associates Inc. boosted its position in shares of Teradata by 46.8% during the 3rd quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company’s stock worth $4,395,000 after purchasing an additional 46,200 shares during the period. Assenagon Asset Management S.A. increased its holdings in Teradata by 828.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 444,450 shares of the technology company’s stock valued at $13,485,000 after purchasing an additional 396,584 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in Teradata by 127.6% in the third quarter. BNP Paribas Financial Markets now owns 112,049 shares of the technology company’s stock valued at $3,400,000 after purchasing an additional 62,826 shares during the period. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Trading Down 1.6 %

Shares of Teradata stock opened at $31.91 on Monday. Teradata has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. The company has a market capitalization of $3.05 billion, a P/E ratio of 37.98, a P/E/G ratio of 3.35 and a beta of 0.79. The company has a fifty day moving average of $31.67 and a 200 day moving average of $30.39.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The firm had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. Teradata’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.14 earnings per share. On average, sell-side analysts anticipate that Teradata will post 1.41 earnings per share for the current fiscal year.

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.