Teradata Co. (NYSE:TDC) Receives $34.40 Average PT from Analysts

Teradata Co. (NYSE:TDC) has been assigned a consensus recommendation of “Hold” from the ten research firms that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $34.40.

Several research analysts have weighed in on the stock. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 13th. Royal Bank of Canada cut their target price on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 12th. Barclays cut their target price on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research note on Wednesday, February 12th. JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Finally, Evercore ISI dropped their price objective on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th.

Institutional Investors Weigh In On Teradata

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TDC. Norges Bank bought a new stake in Teradata during the 4th quarter valued at about $36,315,000. Victory Capital Management Inc. lifted its holdings in Teradata by 742.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company’s stock valued at $35,110,000 after buying an additional 993,358 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in Teradata by 12.4% during the 4th quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company’s stock valued at $169,756,000 after buying an additional 599,394 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Teradata by 17.2% during the 4th quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company’s stock valued at $88,029,000 after buying an additional 416,585 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Teradata by 470.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company’s stock valued at $15,436,000 after buying an additional 408,595 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.

Teradata Trading Down 2.1 %

Shares of TDC stock opened at $22.87 on Tuesday. Teradata has a 12-month low of $21.80 and a 12-month high of $39.70. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The firm’s 50 day moving average is $27.17 and its 200 day moving average is $29.46. The stock has a market capitalization of $2.16 billion, a P/E ratio of 19.55, a P/E/G ratio of 6.23 and a beta of 0.75.

Teradata (NYSE:TDC) last released its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. Research analysts expect that Teradata will post 1.31 earnings per share for the current 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.