Teradata Co. (NYSE:TDC) Receives $40.00 Consensus PT from Analysts

Teradata Co. (NYSE:TDC) has received a consensus recommendation of “Hold” from the eleven analysts that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $40.00.

A number of research firms have recently commented on TDC. Barclays increased their price objective on Teradata from $29.00 to $30.00 and gave the company an “underweight” rating in a report on Friday, December 6th. UBS Group increased their price target on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research note on Tuesday, November 5th. Northland Securities reduced their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Evercore ISI increased their target price on shares of Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $32.00 price target on shares of Teradata in a research report on Tuesday, November 5th.

Teradata Stock Down 0.5 %

Shares of NYSE:TDC opened at $31.12 on Thursday. Teradata has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The firm’s 50 day moving average price is $31.22 and its 200 day moving average price is $30.74. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 37.05, a price-to-earnings-growth ratio of 3.17 and a beta of 0.79.

Teradata (NYSE:TDC) last released its quarterly earnings data 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. The business 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 145.40%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $0.14 EPS. As a group, equities research analysts predict that Teradata will post 1.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Teradata

A number of hedge funds and other institutional investors have recently made changes to their positions in TDC. Lynrock Lake LP lifted its position in Teradata by 9.9% during the 2nd quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company’s stock worth $230,400,000 after acquiring an additional 600,000 shares during the period. AQR Capital Management LLC grew its position in Teradata by 60.9% in the 2nd quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company’s stock valued at $73,827,000 after buying an additional 808,691 shares during the last quarter. Pacer Advisors Inc. increased its stake in Teradata by 21.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after buying an additional 369,123 shares during the period. FMR LLC raised its position in Teradata by 2.7% during the 3rd quarter. FMR LLC now owns 1,932,741 shares of the technology company’s stock worth $58,639,000 after buying an additional 51,080 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Teradata by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,685,317 shares of the technology company’s stock worth $51,145,000 after acquiring an additional 8,289 shares during the period. 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.