Teradata Co. (NYSE:TDC) Receives $40.00 Average Target Price from Analysts

Shares of Teradata Co. (NYSE:TDC) have been assigned an average recommendation of “Hold” from the eleven research firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $40.00.

TDC has been the topic of a number of analyst reports. UBS Group increased their price target on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research note on Tuesday, November 5th. Barclays increased their target price on Teradata from $29.00 to $30.00 and gave the company an “underweight” rating in a research note on Friday, December 6th. Evercore ISI upped their price target on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Northland Securities cut their price target on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $32.00 price objective on shares of Teradata in a report on Tuesday, November 5th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TDC. Point72 Asset Management L.P. bought a new position in Teradata in the third quarter valued at about $27,000. GAMMA Investing LLC increased its stake in shares of Teradata by 88.0% in the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after buying an additional 447 shares during the period. Brooklyn Investment Group bought a new position in Teradata in the 3rd quarter valued at approximately $32,000. Independence Bank of Kentucky acquired a new stake in Teradata during the 4th quarter worth approximately $37,000. Finally, Allworth Financial LP grew its holdings in Teradata by 75.2% during the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after acquiring an additional 569 shares during the last quarter. Institutional investors own 90.31% of the company’s stock.

Teradata Stock Down 1.2 %

Shares of TDC stock opened at $32.38 on Monday. Teradata has a 12 month low of $24.02 and a 12 month high of $49.44. 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 firm has a market cap of $3.10 billion, a PE ratio of 38.55, a price-to-earnings-growth ratio of 3.32 and a beta of 0.79. The stock has a 50 day moving average of $31.60 and a 200-day moving average of $30.45.

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