Teradata (TDC) Set to Announce Earnings on Monday

Teradata (NYSE:TDC) will be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.56 per share for the quarter. Teradata has set its Q1 guidance at $0.53-0.57 EPS and its FY24 guidance at $2.15-2.31 EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Teradata (NYSE:TDC) last released its quarterly earnings data on Monday, February 12th. The technology company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.05. Teradata had a return on equity of 58.25% and a net margin of 3.38%. The company had revenue of $457.00 million during the quarter, compared to the consensus estimate of $455.84 million. During the same quarter in the prior year, the firm posted $0.05 earnings per share. The firm’s revenue was up 1.1% compared to the same quarter last year. On average, analysts expect Teradata to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Teradata Stock Up 0.2 %

NYSE:TDC opened at $37.67 on Monday. The company has a debt-to-equity ratio of 4.02, a current ratio of 0.87 and a quick ratio of 0.86. Teradata has a one year low of $35.36 and a one year high of $57.73. The firm’s 50 day simple moving average is $37.79 and its 200 day simple moving average is $42.59. The company has a market cap of $3.68 billion, a PE ratio of 61.75, a P/E/G ratio of 1.66 and a beta of 0.95.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TDC. Citigroup increased their price objective on Teradata from $57.00 to $60.00 and gave the company a “buy” rating in a report on Monday, February 12th. Royal Bank of Canada decreased their price target on Teradata from $59.00 to $48.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 13th. Morgan Stanley cut Teradata from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $74.00 to $48.00 in a report on Tuesday, February 13th. Bank of America lowered shares of Teradata from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $58.00 to $48.00 in a report on Tuesday, February 13th. Finally, Barclays reduced their price objective on shares of Teradata from $43.00 to $39.00 and set an “underweight” rating on the stock in a research note on Monday, April 15th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $56.90.

Insider Buying and Selling

In other Teradata news, insider Hillary Ashton sold 9,743 shares of Teradata stock in a transaction 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 sale, the insider now directly owns 156,704 shares of the company’s stock, valued at $5,868,564.80. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Teradata news, insider Hillary Ashton sold 9,743 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $37.45, for a total value of $364,875.35. Following the transaction, the insider now owns 156,704 shares in the company, valued at $5,868,564.80. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Stephen Mcmillan sold 40,597 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $38.22, for a total value of $1,551,617.34. Following the sale, the chief executive officer now owns 528,302 shares of the company’s stock, valued at approximately $20,191,702.44. The disclosure for this sale can be found here. Insiders have sold a total of 76,615 shares of company stock valued at $2,903,644 over the last ninety days. 0.92% of the stock is owned by corporate insiders.

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.