Teradata Co. (NYSE:TDC) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Teradata Co. (NYSE:TDCGet Rating) have been given a consensus rating of “Hold” by the eleven ratings firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $45.89.

A number of research analysts have commented on the company. Morgan Stanley reduced their target price on Teradata from $50.00 to $43.00 and set an “overweight” rating on the stock in a report on Monday, October 17th. Citigroup lifted their price target on Teradata from $40.00 to $42.00 and gave the company a “buy” rating in a research report on Friday, November 11th. Credit Suisse Group reduced their price objective on Teradata from $35.00 to $30.00 and set an “underperform” rating for the company in a research note on Tuesday, November 8th. Barclays reduced their price objective on Teradata from $36.00 to $33.00 and set an “underweight” rating for the company in a research note on Tuesday, October 18th. Finally, TheStreet cut Teradata from a “b-” rating to a “c” rating in a research report on Thursday, August 4th.

Institutional Investors Weigh In On Teradata

Large investors have recently modified their holdings of the stock. Teachers Retirement System of The State of Kentucky purchased a new stake in Teradata in the 3rd quarter worth approximately $5,318,000. BNP Paribas Arbitrage SNC boosted its stake in Teradata by 39.4% in the third quarter. BNP Paribas Arbitrage SNC now owns 79,216 shares of the technology company’s stock worth $2,460,000 after buying an additional 22,382 shares in the last quarter. Algert Global LLC boosted its stake in Teradata by 38.5% in the third quarter. Algert Global LLC now owns 69,954 shares of the technology company’s stock worth $2,173,000 after buying an additional 19,434 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in Teradata in the third quarter valued at approximately $258,000. Finally, Two Sigma Investments LP bought a new stake in Teradata in the third quarter valued at approximately $1,486,000. Hedge funds and other institutional investors own 94.86% of the company’s stock.

Teradata Price Performance

Shares of NYSE TDC opened at $33.21 on Friday. Teradata has a one year low of $28.65 and a one year high of $52.53. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.05 and a current ratio of 1.06. The firm has a market capitalization of $3.38 billion, a P/E ratio of 50.32, a PEG ratio of 1.65 and a beta of 0.99. The company’s fifty day moving average is $31.19 and its two-hundred day moving average is $34.46.

Teradata (NYSE:TDCGet Rating) last posted its earnings results on Monday, November 7th. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. Teradata had a return on equity of 34.61% and a net margin of 4.02%. The firm had revenue of $417.00 million for the quarter, compared to analyst estimates of $423.10 million. During the same quarter in the prior year, the company earned $0.24 EPS. Teradata’s revenue was down 9.3% on a year-over-year basis. Analysts forecast that Teradata will post 0.74 EPS for the current fiscal year.

Teradata Company Profile

(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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Analyst Recommendations for Teradata (NYSE:TDC)

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