Brokerages Set Teradata Co. (NYSE:TDC) PT at $40.00

Teradata Co. (NYSE:TDC) has earned an average recommendation of “Hold” from the eleven research firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $40.00.

Several research analysts have recently weighed in on the company. Northland Securities decreased their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. UBS Group raised their price target on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, November 5th. Royal Bank of Canada reissued a “sector perform” rating and set a $32.00 price objective on shares of Teradata in a report on Tuesday, November 5th. Barclays raised their target price on shares of Teradata from $29.00 to $30.00 and gave the stock an “underweight” rating in a report on Friday, December 6th. Finally, Evercore ISI boosted their target price 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.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Teradata by 6.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,598 shares of the technology company’s stock worth $885,000 after acquiring an additional 1,585 shares during the period. Victory Capital Management Inc. boosted its position in shares of Teradata by 59.3% during the second quarter. Victory Capital Management Inc. now owns 131,204 shares of the technology company’s stock valued at $4,534,000 after buying an additional 48,822 shares during the period. Arizona State Retirement System increased its stake in Teradata by 1.5% in the second quarter. Arizona State Retirement System now owns 27,268 shares of the technology company’s stock worth $942,000 after purchasing an additional 390 shares during the period. Savant Capital LLC purchased a new position in Teradata in the 2nd quarter worth about $541,000. Finally, Texas Permanent School Fund Corp raised its stake in shares of Teradata by 2.5% during the second quarter. Texas Permanent School Fund Corp now owns 87,726 shares of the technology company’s stock valued at $3,032,000 after acquiring an additional 2,132 shares in the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Trading Up 0.8 %

Teradata stock opened at $30.91 on Thursday. Teradata has a 12 month low of $24.02 and a 12 month high of $49.44. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 36.80, a price-to-earnings-growth ratio of 3.17 and a beta of 0.79. The business’s fifty day simple moving average is $31.29 and its two-hundred day simple moving average is $30.79. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. Teradata’s revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 EPS. As a group, equities analysts predict that Teradata will post 1.41 earnings per share for the current fiscal year.

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.