Teradata (NYSE:TDC) Updates Q4 2024 Earnings Guidance

Teradata (NYSE:TDC) issued an update on its fourth quarter 2024 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.400-0.440 for the period, compared to the consensus earnings per share estimate of 0.480. The company issued revenue guidance of -. Teradata also updated its FY 2024 guidance to 2.300-2.340 EPS.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $32.00 price target on shares of Teradata in a research report on Tuesday. TD Cowen dropped their target price on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research report on Tuesday, August 6th. Northland Securities reduced their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Finally, Morgan Stanley reduced their target price on Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 6th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $39.91.

Teradata Price Performance

TDC stock traded down $0.25 during trading on Thursday, hitting $29.08. The company had a trading volume of 428,967 shares, compared to its average volume of 943,225. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of 34.92, a P/E/G ratio of 3.10 and a beta of 0.80. The business has a 50 day moving average of $30.10 and a 200 day moving average of $31.62. Teradata has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. 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 (NYSE:TDC) last posted its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share 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 the consensus estimate of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 160.68%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.14 earnings per share. As a group, research analysts predict that Teradata will post 1.3 earnings per share for the current year.

Insider Buying and Selling

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value 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 represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Teradata news, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value 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 represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction dated 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 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 disclosure for this sale can be found here. Corporate insiders own 0.92% 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.