Teradata Co. (NYSE:TDC) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Teradata Co. (NYSE:TDC) have been assigned a consensus recommendation of “Hold” from the eleven ratings firms that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $39.91.

A number of analysts have recently weighed in on the company. Northland Securities lowered their target price on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Evercore ISI increased their price objective on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. TD Cowen dropped their target price on shares of Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a research note on Tuesday, August 6th. JMP Securities cut shares of Teradata from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 6th. Finally, UBS Group raised their price target on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, November 5th.

Teradata Price Performance

NYSE:TDC opened at $29.46 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The firm has a market cap of $2.82 billion, a PE ratio of 35.07, a price-to-earnings-growth ratio of 2.93 and a beta of 0.80. Teradata has a 12 month low of $24.02 and a 12 month high of $49.44. The company’s 50-day moving average price is $30.22 and its two-hundred day moving average price is $31.37.

Teradata (NYSE:TDC) last announced its earnings results on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.56 by $0.13. Teradata had a return on equity of 145.40% and a net margin of 4.56%. The business had revenue of $440.00 million for the quarter, compared to the consensus estimate of $417.71 million. During the same period in the previous year, the business earned $0.14 EPS. Teradata’s revenue was up .5% compared to the same quarter last year. On average, equities analysts anticipate that Teradata will post 1.41 EPS for the current fiscal year.

Insider Buying and Selling at Teradata

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 sale, the insider now directly owns 96,783 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available at this link. In other Teradata news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the business’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 completion of the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at $2,758,315.50. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.92% of the company’s stock.

Institutional Trading of Teradata

Hedge funds have recently added to or reduced their stakes in the business. Crewe Advisors LLC bought a new stake in shares of Teradata in the second quarter worth about $26,000. GAMMA Investing LLC grew its position in shares of Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after purchasing an additional 447 shares during the period. Hexagon Capital Partners LLC increased its stake in Teradata by 111.4% during the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after purchasing an additional 507 shares in the last quarter. Allworth Financial LP raised its holdings in Teradata by 75.2% during the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after buying an additional 569 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in Teradata by 2,934.1% in the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock valued at $44,000 after buying an additional 1,291 shares in the last quarter. Institutional investors and hedge funds 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.