Teradata (NYSE:TDC) Price Target Raised to $26.00

Teradata (NYSE:TDC) had its price target increased by UBS Group from $24.00 to $26.00 in a report released on Tuesday,Benzinga reports. They currently have a sell rating on the technology company’s stock.

Other research analysts have also issued research reports about the company. JMP Securities lowered Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Morgan Stanley decreased 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 note on Tuesday, August 6th. Evercore ISI raised their price objective on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Finally, Barclays decreased their target price on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a research report on Tuesday. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Teradata has a consensus rating of “Hold” and an average target price of $39.91.

Teradata Trading Down 0.1 %

Shares of TDC stock opened at $29.30 on Tuesday. Teradata has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.72 and a current ratio of 0.80. The stock has a 50 day simple moving average of $30.12 and a two-hundred day simple moving average of $31.61. The company has a market cap of $2.80 billion, a P/E ratio of 34.88, a PEG ratio of 1.76 and a beta of 0.80.

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, topping the consensus estimate of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The business had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. During the same period in the prior year, the firm earned $0.14 earnings per share. Teradata’s revenue was up .5% on a year-over-year basis. Research analysts forecast that Teradata will post 2.32 earnings per share for the current year.

Insider Transactions at Teradata

In related news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at $2,758,315.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction that occurred 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 sale, the insider now directly owns 121,382 shares in the company, 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. Company insiders own 0.92% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TDC. Commonwealth Equity Services LLC bought a new position in Teradata during the first quarter worth about $634,000. Norden Group LLC raised its holdings in Teradata by 71.5% during the 1st quarter. Norden Group LLC now owns 8,616 shares of the technology company’s stock valued at $333,000 after acquiring an additional 3,593 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Teradata by 7.6% during the first quarter. BNP Paribas Financial Markets now owns 79,168 shares of the technology company’s stock worth $3,061,000 after acquiring an additional 5,605 shares in the last quarter. Central Pacific Bank Trust Division bought a new position in shares of Teradata in the first quarter worth $126,000. Finally, Texas Permanent School Fund Corp grew its position in shares of Teradata by 1.4% in the first quarter. Texas Permanent School Fund Corp now owns 85,594 shares of the technology company’s stock valued at $3,310,000 after purchasing an additional 1,147 shares in the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

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.