Teradata Co. (NYSE:TDC) Given Average Recommendation of “Hold” by Brokerages

Shares of Teradata Co. (NYSE:TDC) have been given an average recommendation of “Hold” by the ten ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $27.50.

TDC has been the subject of several research reports. Evercore ISI cut their price target on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. StockNews.com downgraded shares of Teradata from a “strong-buy” rating to a “buy” rating in a report on Tuesday, April 8th. Northland Capmk downgraded shares of Teradata from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 7th. Barclays lowered their price target on shares of Teradata from $25.00 to $22.00 and set an “underweight” rating on the stock in a research report on Monday, April 21st. Finally, JMP Securities restated a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th.

Teradata Trading Down 0.8%

NYSE:TDC opened at $22.47 on Wednesday. The stock’s 50 day moving average price is $21.85 and its 200 day moving average price is $27.26. The company has a market capitalization of $2.15 billion, a PE ratio of 19.21, a P/E/G ratio of 6.23 and a beta of 0.80. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. Teradata has a 52-week low of $18.43 and a 52-week high of $35.60.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Teradata had a net margin of 6.51% and a return on equity of 149.16%. The company had revenue of $418.00 million for the quarter, compared to analyst estimates of $423.85 million. During the same period in the previous year, the business posted $0.57 earnings per share. Teradata’s quarterly revenue was down 10.1% on a year-over-year basis. On average, research analysts anticipate that Teradata will post 1.31 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Venturi Wealth Management LLC grew its holdings in shares of Teradata by 20.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock worth $66,000 after acquiring an additional 365 shares during the last quarter. Tealwood Asset Management Inc. raised its holdings in Teradata by 0.9% during the 4th quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock worth $1,266,000 after buying an additional 368 shares during the period. Xponance Inc. lifted its stake in Teradata by 2.3% during the fourth quarter. Xponance Inc. now owns 19,074 shares of the technology company’s stock valued at $594,000 after buying an additional 428 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Teradata by 3.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company’s stock valued at $361,000 after buying an additional 431 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Teradata by 2.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,383 shares of the technology company’s stock worth $618,000 after buying an additional 455 shares during the period. 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.