Teradata (TDC) Set to Announce Quarterly Earnings on Monday

Teradata (NYSE:TDC) is set to post its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Teradata to post earnings of $0.56 per share for the quarter. Teradata has set its Q3 guidance at $0.54-0.58 EPS and its FY24 guidance at $2.20-2.26 EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Monday, August 5th. The technology company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.16. The firm had revenue of $436.00 million during the quarter, compared to analyst estimates of $447.30 million. Teradata had a return on equity of 114.57% and a net margin of 3.45%. Teradata’s quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.20 earnings per share. On average, analysts expect Teradata to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Teradata Trading Up 3.1 %

Shares of NYSE TDC opened at $33.23 on Friday. Teradata has a twelve month low of $24.02 and a twelve month high of $49.44. The firm has a market cap of $3.19 billion, a PE ratio of 52.75, a price-to-earnings-growth ratio of 3.01 and a beta of 0.80. The business has a fifty day simple moving average of $29.96 and a two-hundred day simple moving average of $31.78. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 6.87.

Analyst Ratings Changes

Several analysts recently weighed in on TDC shares. Northland Securities decreased their price objective on Teradata from $49.00 to $38.00 and set an “outperform” rating for the company in a report on Tuesday, August 6th. Royal Bank of Canada dropped their price objective on shares of Teradata from $40.00 to $32.00 and set a “sector perform” rating on the stock in a research note on Tuesday, August 6th. Morgan Stanley reduced their price objective on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 6th. UBS Group started coverage on Teradata in a research report on Friday, July 19th. They set a “sell” rating and a $32.00 target price on the stock. Finally, JMP Securities downgraded Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. Three analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Teradata presently has an average rating of “Hold” and a consensus target price of $40.64.

Insider Buying and Selling at Teradata

In related news, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the sale, the insider now directly owns 96,783 shares in the company, valued at $2,758,315.50. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now directly owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by company insiders.

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.