Equities Analysts Set Expectations for Teradata Co.’s Q4 2024 Earnings (NYSE:TDC)

Teradata Co. (NYSE:TDC) – Investment analysts at Northland Capmk cut their Q4 2024 earnings per share (EPS) estimates for Teradata in a research note issued on Thursday, June 20th. Northland Capmk analyst N. Chokshi now expects that the technology company will earn $0.35 per share for the quarter, down from their previous forecast of $0.37. The consensus estimate for Teradata’s current full-year earnings is $1.14 per share. Northland Capmk also issued estimates for Teradata’s Q1 2025 earnings at $0.42 EPS, Q2 2025 earnings at $0.31 EPS, Q4 2025 earnings at $0.44 EPS and FY2025 earnings at $1.49 EPS.

A number of other equities research analysts have also issued reports on TDC. Royal Bank of Canada cut their target price on Teradata from $48.00 to $44.00 and set a “sector perform” rating on the stock in a research report on Tuesday, May 7th. StockNews.com lowered shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 12th. Barclays decreased their target price on shares of Teradata from $39.00 to $35.00 and set an “underweight” rating for the company in a report on Tuesday, May 7th. Evercore ISI cut their price target on shares of Teradata from $58.00 to $46.00 and set an “outperform” rating on the stock in a report on Tuesday, May 7th. Finally, TD Cowen decreased their price objective on shares of Teradata from $46.00 to $40.00 and set a “hold” rating for the company in a research note on Tuesday, May 7th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $49.90.

Teradata Price Performance

NYSE TDC opened at $34.38 on Friday. Teradata has a 1 year low of $31.48 and a 1 year high of $57.73. The business’s fifty day moving average is $34.23 and its two-hundred day moving average is $39.34. The stock has a market capitalization of $3.32 billion, a P/E ratio of 81.85, a P/E/G ratio of 2.26 and a beta of 0.83. The company has a debt-to-equity ratio of 9.83, a quick ratio of 0.77 and a current ratio of 0.78.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Monday, May 6th. The technology company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The company had revenue of $465.00 million during the quarter, compared to the consensus estimate of $461.93 million. Teradata had a net margin of 2.31% and a return on equity of 70.34%. Teradata’s revenue was down 2.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.40 EPS.

Institutional Trading of Teradata

Institutional investors have recently added to or reduced their stakes in the business. HB Wealth Management LLC raised its holdings in shares of Teradata by 4.5% during the 4th quarter. HB Wealth Management LLC now owns 6,488 shares of the technology company’s stock valued at $282,000 after purchasing an additional 280 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in Teradata by 3.4% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 9,169 shares of the technology company’s stock valued at $399,000 after buying an additional 305 shares in the last quarter. Gotham Asset Management LLC lifted its position in shares of Teradata by 3.4% in the third quarter. Gotham Asset Management LLC now owns 9,538 shares of the technology company’s stock worth $429,000 after buying an additional 311 shares during the last quarter. Heron Bay Capital Management boosted its stake in shares of Teradata by 3.3% during the 4th quarter. Heron Bay Capital Management now owns 10,895 shares of the technology company’s stock worth $474,000 after acquiring an additional 350 shares in the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of Teradata by 3.2% during the 3rd quarter. HighTower Advisors LLC now owns 13,526 shares of the technology company’s stock valued at $604,000 after acquiring an additional 424 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Teradata

In other news, insider Michael D. Hutchinson sold 18,500 shares of the company’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $32.96, for a total value of $609,760.00. Following the transaction, the insider now directly owns 55,190 shares of the company’s stock, valued at $1,819,062.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Stephen Mcmillan sold 10,000 shares of Teradata stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $31.95, for a total transaction of $319,500.00. Following the completion of the sale, the chief executive officer now directly owns 393,579 shares in the company, valued at approximately $12,574,849.05. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Michael D. Hutchinson sold 18,500 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $32.96, for a total value of $609,760.00. Following the completion of the sale, the insider now directly owns 55,190 shares of the company’s stock, valued at approximately $1,819,062.40. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

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.