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

Shares of Teradata Co. (NYSE:TDC) have received a consensus rating of “Hold” from the eleven brokerages that are presently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $40.00.

A number of brokerages recently issued reports on TDC. Northland Securities lowered their price target on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Barclays lifted their price target on Teradata from $29.00 to $30.00 and gave the company an “underweight” rating in a research note on Friday, December 6th. Evercore ISI raised their price objective on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $32.00 target price on shares of Teradata in a research note on Tuesday, November 5th. Finally, UBS Group lifted 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.

Teradata Stock Performance

NYSE TDC opened at $31.92 on Monday. The firm has a market capitalization of $3.06 billion, a P/E ratio of 38.00, a PEG ratio of 3.32 and a beta of 0.79. The stock has a 50-day simple moving average of $31.43 and a two-hundred day simple moving average of $30.46. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.79 and a current ratio of 0.80. Teradata has a fifty-two week low of $24.02 and a fifty-two week high of $49.44.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, beating 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 company had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. During the same period last year, the business earned $0.14 earnings per share. Teradata’s quarterly revenue was up .5% on a year-over-year basis. On average, equities analysts forecast that Teradata will post 1.41 earnings per share for the current year.

Institutional Trading of Teradata

A number of hedge funds have recently bought and sold shares of TDC. Dimensional Fund Advisors LP increased its stake in shares of Teradata by 4.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,661,873 shares of the technology company’s stock worth $57,436,000 after acquiring an additional 63,441 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in Teradata by 30.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 9,126 shares of the technology company’s stock worth $313,000 after purchasing an additional 2,106 shares during the period. ProShare Advisors LLC boosted its holdings in Teradata by 45.8% in the 2nd quarter. ProShare Advisors LLC now owns 14,011 shares of the technology company’s stock valued at $484,000 after purchasing an additional 4,398 shares during the last quarter. AXA S.A. grew its stake in shares of Teradata by 1.4% in the 2nd quarter. AXA S.A. now owns 114,036 shares of the technology company’s stock valued at $3,941,000 after buying an additional 1,611 shares during the period. Finally, Dark Forest Capital Management LP acquired a new stake in shares of Teradata during the 2nd quarter worth approximately $342,000. 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.