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

Shares of Teradata Co. (NYSE:TDC) have received an average recommendation of “Hold” from the ten brokerages that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $34.40.

Several equities analysts have recently commented on TDC shares. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 13th. Evercore ISI decreased their price target on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. Royal Bank of Canada dropped their price objective on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 12th. Guggenheim decreased their target price on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Finally, Barclays dropped their target price on Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research report on Wednesday, February 12th.

Institutional Trading of Teradata

A number of large investors have recently made changes to their positions in the company. Crossmark Global Holdings Inc. lifted its stake in Teradata by 4.6% in the third quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock worth $219,000 after acquiring an additional 315 shares during the last quarter. Venturi Wealth Management LLC lifted its position in shares of Teradata by 20.9% during the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock worth $66,000 after purchasing an additional 365 shares during the last quarter. Tealwood Asset Management Inc. lifted its position in shares of Teradata by 0.9% during the 4th quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock worth $1,266,000 after purchasing an additional 368 shares during the last quarter. Xponance Inc. grew its stake in shares of Teradata by 2.3% during the fourth quarter. Xponance Inc. now owns 19,074 shares of the technology company’s stock worth $594,000 after purchasing an additional 428 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Teradata by 3.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company’s stock valued at $361,000 after buying an additional 431 shares during the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

Teradata Price Performance

NYSE:TDC opened at $23.27 on Tuesday. Teradata has a 52 week low of $21.80 and a 52 week high of $39.70. The stock’s fifty day moving average is $27.65 and its two-hundred day moving average is $29.59. The company has a market capitalization of $2.20 billion, a P/E ratio of 19.89, a P/E/G ratio of 6.23 and a beta of 0.75. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. Equities analysts expect that Teradata will post 1.31 EPS for the current year.

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.