Analysts Set Teradata Co. (NYSE:TDC) Target Price at $40.64

Teradata Co. (NYSE:TDC) has been assigned a consensus recommendation of “Hold” from the eleven research firms that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $40.64.

A number of research analysts have recently commented on TDC shares. Evercore ISI upped their price objective on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Royal Bank of Canada dropped their price target on shares of Teradata from $40.00 to $32.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 6th. Barclays decreased their price target on shares of Teradata from $35.00 to $30.00 and set an “underweight” rating on the stock in a report on Tuesday, August 6th. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Finally, Northland Securities cut their target price on Teradata from $49.00 to $38.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 6th.

Teradata Trading Down 0.3 %

Shares of Teradata stock opened at $32.26 on Friday. The company has a 50-day moving average of $28.99 and a two-hundred day moving average of $32.08. The stock has a market cap of $3.10 billion, a PE ratio of 51.21, a price-to-earnings-growth ratio of 3.00 and a beta of 0.80. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 6.87. Teradata has a 12-month low of $24.02 and a 12-month high of $49.44.

Teradata (NYSE:TDC) last posted its earnings results on Monday, August 5th. The technology company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.16. The company had revenue of $436.00 million for the quarter, compared to the consensus estimate of $447.30 million. Teradata had a return on equity of 114.57% and a net margin of 3.45%. Teradata’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.20 earnings per share. On average, research analysts anticipate that Teradata will post 1.3 EPS for the current fiscal year.

Insider Transactions at Teradata

In other news, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the sale, the insider now owns 96,783 shares in the company, valued at $2,758,315.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at $2,758,315.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Institutional Investors Weigh In On Teradata

Several hedge funds and other institutional investors have recently bought and sold shares of TDC. Russell Investments Group Ltd. increased its stake in shares of Teradata by 61.5% in the first quarter. Russell Investments Group Ltd. now owns 125,369 shares of the technology company’s stock worth $4,848,000 after buying an additional 47,741 shares during the last quarter. Norden Group LLC raised its stake in shares of Teradata by 2,129.9% in the 1st quarter. Norden Group LLC now owns 112,008 shares of the technology company’s stock valued at $4,331,000 after purchasing an additional 106,985 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Teradata by 114.7% during the second quarter. SG Americas Securities LLC now owns 56,346 shares of the technology company’s stock worth $1,947,000 after purchasing an additional 30,096 shares during the last quarter. Entropy Technologies LP bought a new position in shares of Teradata during the first quarter worth about $568,000. Finally, Retirement Systems of Alabama grew its stake in Teradata by 37.2% in the first quarter. Retirement Systems of Alabama now owns 514,457 shares of the technology company’s stock worth $19,894,000 after purchasing an additional 139,468 shares in the last quarter. 90.31% of the stock is currently owned by hedge funds and other 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.