Teradata (NYSE:TDC) Updates Q4 2024 Earnings Guidance

Teradata (NYSE:TDC) issued an update on its fourth quarter 2024 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.400-0.440 for the period, compared to the consensus earnings per share estimate of 0.480. The company issued revenue guidance of -. Teradata also updated its FY 2024 guidance to 2.300-2.340 EPS.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TDC shares. Northland Securities cut their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday. UBS Group lifted their price target on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday. Morgan Stanley reduced their price target on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 6th. Evercore ISI lifted their target price on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Finally, StockNews.com raised Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $39.91.

Teradata Price Performance

Teradata stock traded down $0.25 during midday trading on Thursday, reaching $29.08. The company’s stock had a trading volume of 428,967 shares, compared to its average volume of 943,225. The stock’s 50 day simple moving average is $30.10 and its 200 day simple moving average is $31.62. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.72 and a current ratio of 0.75. The firm has a market capitalization of $2.79 billion, a PE ratio of 34.92, a P/E/G ratio of 3.10 and a beta of 0.80. Teradata has a fifty-two week low of $24.02 and a fifty-two week high of $49.44.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. The company had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 160.68%. The firm’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the company posted $0.14 earnings per share. On average, equities research analysts forecast that Teradata will post 1.3 earnings per share for the current year.

Insider Buying and Selling

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

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.