Teradata (NYSE:TDC) Posts Quarterly Earnings Results, Beats Expectations By $0.13 EPS

Teradata (NYSE:TDC) posted its quarterly earnings data on Monday. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13, Briefing.com reports. The firm had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. Teradata had a return on equity of 160.68% and a net margin of 4.56%. The company’s revenue was up .5% on a year-over-year basis. During the same quarter last year, the company earned $0.14 EPS.

Teradata Stock Performance

NYSE TDC opened at $29.40 on Thursday. The firm’s fifty day moving average price is $30.10 and its two-hundred day moving average price is $31.62. The stock has a market cap of $2.83 billion, a PE ratio of 34.92, a PEG ratio of 3.10 and a beta of 0.80. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.72 and a current ratio of 0.75. Teradata has a fifty-two week low of $24.02 and a fifty-two week high of $49.44.

Insider Activity

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the transaction, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now owns 121,382 shares of the company’s stock, valued at $3,341,646.46. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TDC. JMP Securities lowered Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 6th. Northland Securities dropped their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday. Royal Bank of Canada reiterated a “sector perform” rating and set a $32.00 price target on shares of Teradata in a research report on Tuesday. Finally, Barclays decreased their price objective on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a research note on Tuesday. Three research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $39.91.

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.