Teradata Co. (NYSE:TDC) has been given an average recommendation of “Hold” by the seventeen analysts that are currently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $34.00.
Several analysts have weighed in on the company. Cowen upgraded Teradata from a “market perform” rating to an “outperform” rating in a research note on Friday, February 2nd. Morgan Stanley upgraded Teradata from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $31.00 to $40.00 in a research note on Tuesday, January 23rd. Mizuho reiterated a “sell” rating and set a $32.00 price target on shares of Teradata in a research note on Monday, January 22nd. Zacks Investment Research downgraded Teradata from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Finally, BMO Capital Markets boosted their price target on Teradata from $40.00 to $42.00 and gave the company a “market perform” rating in a research note on Friday, February 9th.
Teradata (NYSE:TDC) traded down $0.46 during trading on Tuesday, reaching $36.84. The company’s stock had a trading volume of 1,288,692 shares, compared to its average volume of 1,441,297. The company has a current ratio of 1.65, a quick ratio of 1.62 and a debt-to-equity ratio of 0.72. The stock has a market cap of $4,490.00, a P/E ratio of 75.18, a PEG ratio of 11.63 and a beta of 1.23. Teradata has a twelve month low of $27.05 and a twelve month high of $42.74.
Teradata (NYSE:TDC) last posted its quarterly earnings results on Thursday, February 8th. The technology company reported $0.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.18. The business had revenue of $626.00 million for the quarter, compared to the consensus estimate of $610.50 million. Teradata had a positive return on equity of 15.54% and a negative net margin of 3.11%. The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 EPS. analysts expect that Teradata will post 1.07 EPS for the current fiscal year.
Teradata announced that its Board of Directors has approved a share repurchase program on Thursday, February 8th that authorizes the company to repurchase $310.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s leadership believes its shares are undervalued.
In related news, CFO Mark Culhane bought 4,500 shares of the stock in a transaction dated Friday, December 1st. The shares were purchased at an average price of $37.66 per share, for a total transaction of $169,470.00. Following the completion of the purchase, the chief financial officer now directly owns 29,924 shares of the company’s stock, valued at $1,126,937.84. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director William S. Stavropoulos sold 7,496 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $36.44, for a total value of $273,154.24. The disclosure for this sale can be found here. 1.73% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently modified their holdings of the company. Amundi Pioneer Asset Management Inc. purchased a new stake in shares of Teradata in the fourth quarter worth about $175,000. Oppenheimer & Co. Inc. purchased a new stake in shares of Teradata in the fourth quarter worth about $207,000. Commerce Bank purchased a new stake in shares of Teradata in the third quarter worth about $223,000. ARP Americas LP acquired a new position in Teradata in the 4th quarter worth about $238,000. Finally, Sciencast Management LP acquired a new position in Teradata in the 4th quarter worth about $241,000. Hedge funds and other institutional investors own 97.94% of the company’s stock.
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Teradata Company Profile
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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