Teradata Co. (NYSE:TDC) Receives $39.91 Average Target Price from Brokerages

Shares of Teradata Co. (NYSE:TDC) have received an average recommendation of “Hold” from the eleven research firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $39.91.

Several research analysts have recently weighed in on TDC shares. Barclays decreased their target price on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a research note on Tuesday, November 5th. StockNews.com raised Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. UBS Group increased their price target on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, November 5th. Northland Securities lowered their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Finally, Evercore ISI upped their target price on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th.

Insider Buying and Selling at Teradata

In related news, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the transaction, the insider now directly owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. This trade represents a 10.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the sale, the insider now directly owns 96,783 shares of the company’s stock, valued at $2,758,315.50. The trade was a 5.38 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in TDC. M&T Bank Corp raised its stake in shares of Teradata by 25.8% in the 3rd quarter. M&T Bank Corp now owns 8,705 shares of the technology company’s stock valued at $264,000 after buying an additional 1,783 shares in the last quarter. Barclays PLC raised its position in Teradata by 49.2% in the 3rd quarter. Barclays PLC now owns 169,687 shares of the technology company’s stock worth $5,150,000 after purchasing an additional 55,979 shares during the last quarter. Groupama Asset Managment acquired a new position in shares of Teradata during the third quarter valued at $50,000. Quantinno Capital Management LP bought a new position in shares of Teradata in the 3rd quarter valued at about $2,362,000. Finally, Quarry LP grew its holdings in Teradata by 487.0% during the 3rd quarter. Quarry LP now owns 2,988 shares of the technology company’s stock worth $91,000 after acquiring an additional 2,479 shares during the period. 90.31% of the stock is owned by institutional investors.

Teradata Stock Down 2.1 %

Shares of NYSE TDC opened at $28.96 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The stock has a market capitalization of $2.77 billion, a PE ratio of 34.47, a P/E/G ratio of 2.92 and a beta of 0.80. The firm has a fifty day moving average of $30.33 and a 200-day moving average of $31.28. Teradata has a 52-week low of $24.02 and a 52-week high of $49.44.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. During the same quarter last year, the firm posted $0.14 earnings per share. Teradata’s revenue for the quarter was up .5% compared to the same quarter last year. On average, analysts anticipate that Teradata will post 1.41 EPS for the current 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.