Teradata (NYSE:TDC) Issues Quarterly Earnings Results

Teradata (NYSE:TDC) issued its quarterly earnings results on Monday. The technology company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13, Briefing.com reports. Teradata had a return on equity of 114.57% and a net margin of 3.45%. The firm had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. During the same quarter last year, the business posted $0.14 EPS. Teradata’s revenue was up .5% on a year-over-year basis.

Teradata Trading Down 12.2 %

Shares of TDC traded down $4.07 during trading hours on Tuesday, reaching $29.31. The stock had a trading volume of 1,137,203 shares, compared to its average volume of 934,842. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 6.87. The firm has a 50-day moving average of $30.06 and a 200 day moving average of $31.69. Teradata has a 52 week low of $24.02 and a 52 week high of $49.44. The company has a market cap of $2.82 billion, a P/E ratio of 46.40, a P/E/G ratio of 3.08 and a beta of 0.80.

Insider Transactions at Teradata

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was 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 approximately $2,758,315.50. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction 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 represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.86% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TDC shares. JMP Securities downgraded Teradata from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 6th. Morgan Stanley dropped their price objective on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 6th. Northland Securities decreased their target price on shares of Teradata from $49.00 to $38.00 and set an “outperform” rating for the company in a research note on Tuesday, August 6th. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 6th. Finally, UBS Group initiated coverage on Teradata in a research report on Friday, July 19th. They set a “sell” rating and a $32.00 price objective for the company. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $40.55.

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.