UBS AG Raises Teradata Corporation (TDC) Price Target to $30.00
Teradata Corporation (NYSE:TDC) had its target price increased by UBS AG from $24.00 to $30.00 in a research report released on Thursday, www.benzinga.com reports. The firm currently has a sell rating on the technology company’s stock.
A number of other equities research analysts have also recently weighed in on the company. Morgan Stanley upped their price objective on Teradata Corporation from $29.00 to $31.00 and gave the stock an underweight rating in a research note on Friday, November 3rd. BMO Capital Markets upped their price objective on Teradata Corporation from $32.00 to $40.00 and gave the stock a market perform rating in a research note on Friday, November 3rd. Mizuho upped their target price on Teradata Corporation from $26.00 to $32.00 and gave the company an underperform rating in a research report on Thursday, November 2nd. Deutsche Bank AG upped their target price on Teradata Corporation from $30.00 to $32.00 and gave the company a hold rating in a research report on Tuesday, October 24th. Finally, Royal Bank Of Canada reaffirmed a hold rating and set a $30.00 target price on shares of Teradata Corporation in a research report on Wednesday, October 18th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $31.50.
Shares of Teradata Corporation (NYSE TDC) traded up $0.09 during midday trading on Thursday, hitting $35.35. The company had a trading volume of 803,600 shares, compared to its average volume of 1,574,991. The company has a quick ratio of 1.56, a current ratio of 1.61 and a debt-to-equity ratio of 0.69. The stock has a market cap of $4,277.35, a PE ratio of 31.56, a P/E/G ratio of 7.32 and a beta of 1.23. Teradata Corporation has a 1 year low of $26.27 and a 1 year high of $38.08.
Teradata Corporation (NYSE:TDC) last issued its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The firm had revenue of $526.00 million during the quarter, compared to analysts’ expectations of $511.23 million. Teradata Corporation had a return on equity of 16.47% and a net margin of 3.01%. The firm’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.69 EPS. analysts predict that Teradata Corporation will post 0.91 EPS for the current year.
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Hedge funds have recently made changes to their positions in the company. ETF Managers Group LLC acquired a new position in shares of Teradata Corporation in the second quarter valued at about $130,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Teradata Corporation by 9.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,183 shares of the technology company’s stock valued at $153,000 after purchasing an additional 469 shares during the period. Commerce Bank acquired a new position in shares of Teradata Corporation in the third quarter valued at about $223,000. GW Henssler & Associates Ltd. acquired a new position in shares of Teradata Corporation in the second quarter valued at about $202,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Teradata Corporation by 3.6% in the first quarter. PNC Financial Services Group Inc. now owns 7,205 shares of the technology company’s stock valued at $224,000 after purchasing an additional 251 shares during the period.
Teradata Corporation Company Profile
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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