Teradata (NYSE:TDC) Rating Lowered to C at TheStreet

Teradata (NYSE:TDCGet Rating) was downgraded by stock analysts at TheStreet from a “b-” rating to a “c” rating in a research report issued to clients and investors on Thursday, TheStreetRatingsTable reports.

A number of other research analysts have also recently issued reports on the company. Craig Hallum decreased their target price on Teradata from $65.00 to $57.00 in a research note on Friday, May 6th. Barclays reduced their price objective on Teradata from $42.00 to $36.00 and set an “underweight” rating for the company in a research report on Monday, July 18th. Finally, StockNews.com cut Teradata from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 5th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $56.40.

Teradata Stock Down 8.1 %

NYSE:TDC opened at $35.71 on Thursday. Teradata has a 1 year low of $33.38 and a 1 year high of $59.38. The company has a current ratio of 0.87, a quick ratio of 0.85 and a debt-to-equity ratio of 1.60. The stock has a market cap of $3.74 billion, a price-to-earnings ratio of 48.92, a PEG ratio of 3.30 and a beta of 1.01. The stock has a 50-day moving average price of $37.72 and a two-hundred day moving average price of $41.95.

Teradata (NYSE:TDCGet Rating) last posted its earnings results on Thursday, August 4th. The technology company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. Teradata had a return on equity of 30.45% and a net margin of 4.41%. The firm had revenue of $430.00 million during the quarter, compared to analysts’ expectations of $441.70 million. During the same period in the previous year, the firm earned $0.51 earnings per share. The company’s revenue was down 12.4% on a year-over-year basis. As a group, equities analysts expect that Teradata will post 0.43 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Claire Bramley sold 2,100 shares of Teradata stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $35.54, for a total value of $74,634.00. Following the completion of the transaction, the chief financial officer now directly owns 99,622 shares of the company’s stock, valued at approximately $3,540,565.88. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.92% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Teradata

A number of hedge funds have recently added to or reduced their stakes in TDC. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Teradata during the 2nd quarter worth approximately $31,000. Geneos Wealth Management Inc. raised its holdings in Teradata by 50.8% during the 4th quarter. Geneos Wealth Management Inc. now owns 799 shares of the technology company’s stock valued at $33,000 after acquiring an additional 269 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Teradata by 62.8% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 819 shares of the technology company’s stock valued at $35,000 after purchasing an additional 316 shares in the last quarter. Parallel Advisors LLC grew its position in shares of Teradata by 480.1% during the 2nd quarter. Parallel Advisors LLC now owns 1,137 shares of the technology company’s stock valued at $42,000 after purchasing an additional 941 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Teradata during the 1st quarter valued at $44,000. Institutional investors and hedge funds own 98.54% of the company’s stock.

About Teradata

(Get Rating)

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, a data platform that allows companies to leverage their data across an enterprise, as well as connects various sources of data to drive ecosystem simplification and support customers on their journey to the cloud through an integrated migration.

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