Teradata (NYSE:TDC) Earns Sell Rating from Analysts at UBS Group

UBS Group began coverage on shares of Teradata (NYSE:TDC) in a report published on Friday morning, Marketbeat reports. The firm issued a sell rating and a $32.00 target price on the technology company’s stock.

Other research analysts have also recently issued reports about the company. Guggenheim reissued a buy rating and issued a $60.00 target price on shares of Teradata in a research report on Tuesday, June 25th. Evercore ISI dropped their target price on Teradata from $58.00 to $46.00 and set an outperform rating on the stock in a research report on Tuesday, May 7th. Bank of America cut Teradata from a neutral rating to an underperform rating and dropped their target price for the stock from $48.00 to $39.00 in a research report on Tuesday, May 7th. StockNews.com cut Teradata from a strong-buy rating to a buy rating in a research report on Friday, April 12th. Finally, Barclays dropped their target price on Teradata from $39.00 to $35.00 and set an underweight rating on the stock in a research report on Tuesday, May 7th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Hold and a consensus target price of $49.25.

Teradata Price Performance

Shares of NYSE:TDC opened at $30.87 on Friday. Teradata has a 1-year low of $30.60 and a 1-year high of $57.73. The company has a debt-to-equity ratio of 9.83, a current ratio of 0.78 and a quick ratio of 0.77. The business has a fifty day moving average price of $33.40 and a 200-day moving average price of $37.91. The company has a market capitalization of $2.99 billion, a PE ratio of 73.50, a PEG ratio of 2.09 and a beta of 0.83.

Teradata (NYSE:TDC) last released its quarterly earnings data on Monday, May 6th. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. Teradata had a return on equity of 70.34% and a net margin of 2.31%. The company had revenue of $465.00 million for the quarter, compared to analysts’ expectations of $461.93 million. During the same period last year, the firm posted $0.40 earnings per share. Teradata’s revenue was down 2.3% compared to the same quarter last year. As a group, equities analysts expect that Teradata will post 1.15 EPS for the current fiscal year.

Insider Activity at Teradata

In related news, insider Michael D. Hutchinson sold 18,500 shares of Teradata stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $32.96, for a total transaction of $609,760.00. Following the sale, the insider now owns 55,190 shares of the company’s stock, valued at approximately $1,819,062.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Michael D. Hutchinson sold 18,500 shares of Teradata stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $32.96, for a total transaction of $609,760.00. Following the sale, the insider now owns 55,190 shares of the company’s stock, valued at approximately $1,819,062.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Stephen Mcmillan sold 10,000 shares of Teradata stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $31.95, for a total value of $319,500.00. Following the sale, the chief executive officer now directly owns 393,579 shares in the company, valued at approximately $12,574,849.05. The disclosure for this sale can be found here. 0.92% of the stock is owned by corporate insiders.

Institutional Trading of Teradata

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Teradata by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company’s stock worth $457,898,000 after acquiring an additional 377,761 shares during the last quarter. Boston Trust Walden Corp boosted its holdings in shares of Teradata by 14.5% in the 2nd quarter. Boston Trust Walden Corp now owns 1,673,431 shares of the technology company’s stock worth $57,834,000 after purchasing an additional 212,359 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Teradata by 7.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,584,625 shares of the technology company’s stock worth $68,948,000 after purchasing an additional 116,489 shares during the period. Norges Bank purchased a new position in shares of Teradata in the 4th quarter worth approximately $54,332,000. Finally, Chicago Capital LLC boosted its holdings in shares of Teradata by 4.7% in the 4th quarter. Chicago Capital LLC now owns 1,199,825 shares of the technology company’s stock worth $52,204,000 after purchasing an additional 53,395 shares during the period. Institutional investors own 90.31% of the company’s stock.

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.