Teradata (NYSE:TDC) Issues Earnings Results, Beats Estimates By $0.13 EPS

Teradata (NYSE:TDC) posted its earnings results on Monday. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.56 by $0.13, Briefing.com reports. The business had revenue of $440.00 million for the quarter, compared to the consensus estimate of $417.71 million. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The firm’s revenue was up .5% compared to the same quarter last year. During the same period last year, the company earned $0.14 EPS.

Teradata Price Performance

TDC traded down $4.07 during trading on Tuesday, hitting $29.31. 1,137,203 shares of the company traded hands, compared to its average volume of 934,842. The company has a market cap of $2.82 billion, a PE ratio of 46.40, a P/E/G ratio of 3.08 and a beta of 0.80. The stock’s 50-day simple moving average is $30.06 and its two-hundred day simple moving average is $31.69. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 6.87. Teradata has a 1 year low of $24.02 and a 1 year high of $49.44.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Evercore ISI raised their price objective on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Barclays cut their price target on Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a report on Tuesday. JMP Securities downgraded shares of Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. UBS Group began coverage on Teradata in a report on Friday, July 19th. They set a “sell” rating and a $32.00 price target for the company. Finally, TD Cowen cut their target price on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research note on Tuesday, August 6th. Three equities research analysts have rated the stock with a sell rating, four have assigned 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, the company currently has a consensus rating of “Hold” and an average target price of $40.55.

Insider Activity

In related news, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the transaction, the insider now owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other 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 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 represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 value of $156,750.00. Following the sale, the insider now owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.86% 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.