Teradata (NYSE:TDC) PT Lowered to $39.00

Teradata (NYSE:TDC) had its target price reduced by Barclays from $43.00 to $39.00 in a research note issued to investors on Monday morning, Benzinga reports. They currently have an underweight rating on the technology company’s stock.

A number of other brokerages have also commented on TDC. StockNews.com lowered Teradata from a strong-buy rating to a buy rating in a report on Friday. Citigroup boosted their price objective on Teradata from $57.00 to $60.00 and gave the stock a buy rating in a report on Monday, February 12th. Royal Bank of Canada decreased their price objective on Teradata from $59.00 to $48.00 and set a sector perform rating for the company in a report on Tuesday, February 13th. Bank of America lowered Teradata from a buy rating to a neutral rating and decreased their price objective for the stock from $58.00 to $48.00 in a report on Tuesday, February 13th. Finally, JMP Securities reissued a market outperform rating and set a $72.00 price objective on shares of Teradata in a report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus price target of $56.90.

Teradata Stock Down 1.5 %

Shares of TDC opened at $35.77 on Monday. The company has a market capitalization of $3.49 billion, a PE ratio of 58.64, a PEG ratio of 1.60 and a beta of 0.95. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 4.02. The stock’s 50-day moving average price is $39.05 and its two-hundred day moving average price is $43.13. Teradata has a 12 month low of $35.69 and a 12 month high of $57.73.

Teradata (NYSE:TDC) last issued its earnings results on Monday, February 12th. The technology company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.05. Teradata had a return on equity of 58.25% and a net margin of 3.38%. The business had revenue of $457.00 million during the quarter, compared to analyst estimates of $455.84 million. During the same period in the previous year, the company posted $0.05 EPS. The firm’s revenue was up 1.1% compared to the same quarter last year. On average, analysts anticipate that Teradata will post 1.27 EPS for the current year.

Insider Activity

In related news, CEO Stephen Mcmillan sold 40,597 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total value of $1,551,617.34. Following the transaction, the chief executive officer now owns 528,302 shares in the company, valued at $20,191,702.44. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Stephen Mcmillan sold 40,597 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total value of $1,551,617.34. Following the transaction, the chief executive officer now owns 528,302 shares in the company, valued at $20,191,702.44. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Hillary Ashton sold 9,743 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of the transaction, the insider now owns 156,704 shares in the company, valued at approximately $5,868,564.80. The disclosure for this sale can be found here. Insiders sold a total of 76,615 shares of company stock valued at $2,903,644 over the last three months. Corporate insiders own 0.86% of the company’s stock.

Hedge Funds Weigh In On Teradata

Several institutional investors have recently bought and sold shares of the company. Orion Portfolio Solutions LLC lifted its stake in Teradata by 3.5% in the third quarter. Orion Portfolio Solutions LLC now owns 7,583 shares of the technology company’s stock valued at $341,000 after purchasing an additional 259 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of Teradata by 6.8% during the third quarter. Fifth Third Bancorp now owns 4,336 shares of the technology company’s stock worth $195,000 after acquiring an additional 276 shares in the last quarter. HB Wealth Management LLC lifted its position in shares of Teradata by 4.5% during the fourth quarter. HB Wealth Management LLC now owns 6,488 shares of the technology company’s stock worth $282,000 after acquiring an additional 280 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in shares of Teradata by 3.4% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 9,169 shares of the technology company’s stock worth $399,000 after acquiring an additional 305 shares in the last quarter. Finally, Creative Planning lifted its position in shares of Teradata by 2.5% during the third quarter. Creative Planning now owns 12,347 shares of the technology company’s stock worth $556,000 after acquiring an additional 307 shares in the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

About Teradata

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.