Teradata Co. (NYSE:TDC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Teradata Co. (NYSE:TDC) have been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $56.90.

A number of brokerages have commented on TDC. Barclays reduced their target price on shares of Teradata from $43.00 to $39.00 and set an “underweight” rating for the company in a report on Monday, April 15th. Morgan Stanley lowered Teradata from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $74.00 to $48.00 in a report on Tuesday, February 13th. Royal Bank of Canada decreased their target price 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 downgraded shares of Teradata from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $58.00 to $48.00 in a report on Tuesday, February 13th. Finally, Citigroup boosted their target price on shares of Teradata from $57.00 to $60.00 and gave the company a “buy” rating in a research report on Monday, February 12th.

Teradata Stock Performance

TDC stock opened at $37.68 on Friday. Teradata has a 1-year low of $35.36 and a 1-year high of $57.73. The business has a 50-day moving average price of $37.79 and a 200 day moving average price of $42.69. The company has a market capitalization of $3.68 billion, a P/E ratio of 61.77, a PEG ratio of 1.64 and a beta of 0.95. 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 (NYSE:TDC) last announced its quarterly earnings results on Monday, February 12th. The technology company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.05. The firm had revenue of $457.00 million during the quarter, compared to analysts’ expectations of $455.84 million. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The company’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.05 EPS. As a group, equities research analysts forecast that Teradata will post 1.27 EPS for the current fiscal year.

Insider Activity

In related news, insider Hillary Ashton sold 9,743 shares of the company’s stock in a transaction dated Friday, March 1st. The stock was 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 of the company’s stock, valued at approximately $5,868,564.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Hillary Ashton sold 9,743 shares of the business’s 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 owns 156,704 shares of the company’s stock, valued at approximately $5,868,564.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Kathleen R. Cullen-Cote sold 26,275 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total transaction of $987,151.75. Following the transaction, the insider now owns 127,595 shares of the company’s stock, valued at $4,793,744.15. The disclosure for this sale can be found here. Insiders have sold 76,615 shares of company stock worth $2,903,644 in the last ninety days. Company insiders own 0.92% of the company’s stock.

Institutional Investors Weigh In On Teradata

Several institutional investors have recently bought and sold shares of the company. North Star Investment Management Corp. purchased a new position in shares of Teradata in the fourth quarter valued at approximately $26,000. Smithfield Trust Co acquired a new stake in Teradata during the 3rd quarter worth $34,000. Sound Income Strategies LLC acquired a new stake in Teradata during the 1st quarter worth $31,000. Principal Securities Inc. purchased a new stake in shares of Teradata during the fourth quarter worth $38,000. Finally, GAMMA Investing LLC acquired a new stake in shares of Teradata in the fourth quarter valued at about $47,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

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.