JMP Securities Reiterates “Market Perform” Rating for Teradata (NYSE:TDC)

Teradata (NYSE:TDC)‘s stock had its “market perform” rating reaffirmed by investment analysts at JMP Securities in a note issued to investors on Thursday,Benzinga reports.

A number of other equities analysts also recently weighed in on the company. Royal Bank of Canada reduced their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Wednesday. UBS Group upped their price target on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research report on Tuesday, November 5th. Northland Securities reduced their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Barclays reduced their price target on Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research report on Wednesday. Finally, Guggenheim dropped their price objective on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday. Three research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Teradata currently has a consensus rating of “Hold” and an average target price of $34.40.

Teradata Price Performance

Shares of TDC opened at $24.78 on Thursday. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. The stock has a 50 day simple moving average of $31.23 and a 200 day simple moving average of $30.22. Teradata has a 52-week low of $22.73 and a 52-week high of $39.70. The firm has a market capitalization of $2.37 billion, a PE ratio of 29.50, a P/E/G ratio of 3.19 and a beta of 0.78.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 4.56% and a return on equity of 145.40%. Sell-side analysts predict that Teradata will post 1.41 EPS for the current fiscal year.

Institutional Investors Weigh In On Teradata

Large investors have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. bought a new stake in Teradata in the 3rd quarter valued at $27,000. GAMMA Investing LLC raised its stake in Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after acquiring an additional 447 shares during the period. Brooklyn Investment Group bought a new stake in Teradata in the 3rd quarter valued at $32,000. Independence Bank of Kentucky bought a new stake in Teradata in the 4th quarter valued at $37,000. Finally, Allworth Financial LP raised its stake in Teradata by 75.2% in the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after acquiring an additional 569 shares during the period. Institutional investors own 90.31% of the company’s stock.

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.