Teradata Corp. (TDC) Earns Market Perform Rating from William Blair
Several other research firms have also recently weighed in on TDC. Credit Agricole SA reiterated an underperform rating on shares of Teradata Corp. in a report on Monday, August 15th. Mizuho reiterated a neutral rating and issued a $28.00 price target on shares of Teradata Corp. in a report on Tuesday, August 23rd. Zacks Investment Research upgraded shares of Teradata Corp. from a sell rating to a hold rating in a report on Monday, August 8th. TheStreet upgraded shares of Teradata Corp. from a sell rating to a hold rating in a report on Tuesday, August 2nd. Finally, Deutsche Bank AG boosted their target price on shares of Teradata Corp. from $26.00 to $28.00 and gave the company a hold rating in a report on Wednesday, August 3rd. Five research analysts have rated the stock with a sell rating and fourteen have assigned a hold rating to the company. The stock has an average rating of Hold and an average price target of $26.50.
Shares of Teradata Corp. (NYSE:TDC) opened at 30.34 on Friday. The stock has a market cap of $3.96 billion, a P/E ratio of 85.71 and a beta of 1.16. The stock has a 50 day moving average of $31.17 and a 200 day moving average of $27.81. Teradata Corp. has a one year low of $21.98 and a one year high of $33.09.
Teradata Corp. (NYSE:TDC) last released its quarterly earnings results on Tuesday, August 2nd. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.11. The business had revenue of $599 million for the quarter, compared to analysts’ expectations of $560.67 million. Teradata Corp. had a net margin of 5.55% and a return on equity of 32.66%. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.53 earnings per share. On average, analysts forecast that Teradata Corp. will post $2.44 EPS for the current year.
In other news, Director Nancy E. Cooper sold 1,840 shares of the company’s stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $31.06, for a total transaction of $57,150.40. Following the completion of the sale, the director now owns 35,157 shares of the company’s stock, valued at approximately $1,091,976.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Oliver Ratzesberger sold 2,015 shares of the company’s stock in a transaction dated Friday, September 2nd. The shares were sold at an average price of $31.62, for a total transaction of $63,714.30. Following the sale, the executive vice president now directly owns 37,468 shares of the company’s stock, valued at approximately $1,184,738.16. The disclosure for this sale can be found here. Insiders own 2.64% of the company’s stock.
Large investors have recently added to or reduced their stakes in the stock. Fuller & Thaler Asset Management Inc. acquired a new stake in Teradata Corp. during the second quarter valued at approximately $104,000. Assetmark Inc. raised its stake in Teradata Corp. by 4,059.4% in the second quarter. Assetmark Inc. now owns 4,201 shares of the company’s stock valued at $105,000 after buying an additional 4,100 shares during the last quarter. NN Investment Partners Holdings N.V. acquired a new stake in Teradata Corp. during the first quarter valued at approximately $136,000. Creative Planning raised its stake in Teradata Corp. by 1.4% in the second quarter. Creative Planning now owns 5,965 shares of the company’s stock valued at $150,000 after buying an additional 82 shares during the last quarter. Finally, ING Groep NV acquired a new stake in Teradata Corp. during the first quarter valued at approximately $201,000. 99.45% of the stock is owned by hedge funds and other institutional investors.
Teradata Corp. Company Profile
Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Company’s analytic data platforms consist of software, hardware and related business consulting and support services for data warehousing, and big data analytics. It operates in two segments: data and analytics, and marketing applications.
Receive News & Ratings for Teradata Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradata Corp. and related companies with MarketBeat.com's FREE daily email newsletter.