Teradata Co. (NYSE:TDC) Given Consensus Rating of “Hold” by Analysts

Teradata Co. (NYSE:TDC) has received a consensus recommendation of “Hold” from the eleven ratings firms that are presently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $40.64.

Several brokerages have recently weighed in on TDC. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. TD Cowen cut their target price on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research report on Tuesday, August 6th. Northland Securities decreased their target price on Teradata from $49.00 to $38.00 and set an “outperform” rating for the company in a research report on Tuesday, August 6th. JMP Securities lowered Teradata from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 6th. Finally, Barclays decreased their price objective on Teradata from $35.00 to $30.00 and set an “underweight” rating for the company in a report on Tuesday, August 6th.

Insider Transactions at Teradata

In related news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the transaction, the insider now directly owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the transaction, the insider now owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TDC. Stephenson & Company Inc. acquired a new stake in shares of Teradata in the 3rd quarter worth approximately $229,000. New York State Teachers Retirement System increased its position in shares of Teradata by 2.3% in the third quarter. New York State Teachers Retirement System now owns 126,770 shares of the technology company’s stock valued at $3,846,000 after buying an additional 2,850 shares in the last quarter. Pallas Capital Advisors LLC acquired a new position in shares of Teradata during the 3rd quarter worth $341,000. State of Alaska Department of Revenue boosted its position in shares of Teradata by 7.2% in the 3rd quarter. State of Alaska Department of Revenue now owns 11,314 shares of the technology company’s stock worth $343,000 after buying an additional 755 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale increased its holdings in Teradata by 89.9% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 3,311 shares of the technology company’s stock valued at $100,000 after acquiring an additional 1,567 shares in the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

Teradata Price Performance

Shares of TDC opened at $31.98 on Friday. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of 76.14, a PEG ratio of 2.97 and a beta of 0.80. The firm’s fifty day simple moving average is $29.49 and its 200-day simple moving average is $31.94. Teradata has a twelve month low of $24.02 and a twelve month high of $49.44. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 6.87.

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, topping analysts’ consensus estimates of $0.48 by $0.16. Teradata had a return on equity of 114.57% and a net margin of 3.45%. The company had revenue of $436.00 million during the quarter, compared to the consensus estimate of $447.30 million. During the same period in the previous year, the business earned $0.20 EPS. Teradata’s revenue for the quarter was down 5.6% on a year-over-year basis. Equities analysts forecast that Teradata will post 1.3 EPS 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.