Teradata Corporation (NYSE:TDC) Receives Average Rating of “Hold” from Brokerages

Teradata Corporation (NYSE:TDC) has received a consensus recommendation of “Hold” from the thirteen ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $30.30.

A number of equities research analysts have weighed in on the stock. Royal Bank Of Canada lifted their price target on shares of Teradata from $23.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Monday, January 5th. TD Cowen reaffirmed a “hold” rating on shares of Teradata in a report on Wednesday, November 5th. Zacks Research raised shares of Teradata from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Teradata in a research report on Monday, December 29th. Finally, Barclays lifted their price objective on Teradata from $24.00 to $27.00 and gave the company an “underweight” rating in a report on Monday, January 12th.

Teradata Stock Down 1.4%

Shares of TDC opened at $26.77 on Friday. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.89 and a current ratio of 0.90. The company has a 50-day simple moving average of $30.08 and a 200-day simple moving average of $25.10. Teradata has a 52 week low of $18.43 and a 52 week high of $32.03. The firm has a market capitalization of $2.49 billion, a P/E ratio of 21.94, a P/E/G ratio of 3.43 and a beta of 0.61.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.19. The firm had revenue of $416.00 million for the quarter, compared to analyst estimates of $406.30 million. Teradata had a return on equity of 83.22% and a net margin of 7.15%.The company’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 earnings per share. On average, equities research analysts expect that Teradata will post 1.31 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Laurel Wealth Advisors LLC boosted its stake in shares of Teradata by 2,132.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,116 shares of the technology company’s stock valued at $25,000 after purchasing an additional 1,066 shares in the last quarter. Quent Capital LLC bought a new position in Teradata during the 3rd quarter valued at about $25,000. IFP Advisors Inc boosted its position in Teradata by 405.4% in the second quarter. IFP Advisors Inc now owns 1,223 shares of the technology company’s stock valued at $27,000 after buying an additional 981 shares in the last quarter. Sound Income Strategies LLC boosted its position in Teradata by 1,162.8% in the fourth quarter. Sound Income Strategies LLC now owns 985 shares of the technology company’s stock valued at $29,000 after buying an additional 907 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in Teradata by 64.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,364 shares of the technology company’s stock worth $30,000 after buying an additional 533 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.

About Teradata

Teradata Corporation is a global provider of enterprise analytics and data management solutions designed to help organizations unlock value from their data assets. The company offers both cloud-based and on-premises platforms that support data warehousing, big data analytics, and machine learning. Through its flagship analytics ecosystem, Teradata enables businesses to integrate, analyze, and manage large volumes of structured and unstructured data at scale.

Central to Teradata’s product suite is the Teradata Vantage analytics platform, which unifies diverse data types across multiple environments—including public and private clouds—into a single, coherent architecture.