Analysts Set Teradata Co. (NYSE:TDC) PT at $49.90

Teradata Co. (NYSE:TDC) has been given a consensus recommendation of “Hold” by the ten ratings firms that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $49.90.

TDC has been the subject of a number of research analyst reports. JMP Securities dropped their price objective on shares of Teradata from $72.00 to $60.00 and set a “market outperform” rating for the company in a research note on Tuesday, May 7th. Bank of America downgraded shares of Teradata from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $48.00 to $39.00 in a research report on Tuesday, May 7th. Royal Bank of Canada dropped their target price on shares of Teradata from $48.00 to $44.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 7th. TD Cowen dropped their target price on shares of Teradata from $46.00 to $40.00 and set a “hold” rating for the company in a research report on Tuesday, May 7th. Finally, Citigroup increased their target price on shares of Teradata from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, February 12th.

Insider Buying and Selling

In related news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total value of $987,151.75. Following the completion of the transaction, the insider now owns 127,595 shares in the company, valued at approximately $4,793,744.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $37.57, for a total value of $987,151.75. Following the completion of the transaction, the insider now owns 127,595 shares in the company, valued at approximately $4,793,744.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael D. Hutchinson sold 18,500 shares of the firm’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $32.96, for a total value of $609,760.00. Following the sale, the insider now owns 55,190 shares of the company’s stock, valued at $1,819,062.40. The disclosure for this sale can be found here. Insiders have sold a total of 54,518 shares of company stock valued at $1,961,787 over the last three months. Company insiders own 0.86% of the company’s stock.

Institutional Investors Weigh In On Teradata

Several institutional investors have recently made changes to their positions in TDC. North Star Investment Management Corp. bought a new position in shares of Teradata in the 4th quarter valued at approximately $26,000. Sound Income Strategies LLC bought a new position in shares of Teradata in the 1st quarter valued at approximately $31,000. Smithfield Trust Co bought a new position in shares of Teradata in the 3rd quarter valued at approximately $34,000. Principal Securities Inc. bought a new position in shares of Teradata in the 4th quarter valued at approximately $38,000. Finally, GAMMA Investing LLC bought a new position in shares of Teradata in the 4th quarter valued at approximately $47,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Price Performance

NYSE:TDC opened at $31.87 on Wednesday. The firm has a market cap of $3.08 billion, a price-to-earnings ratio of 75.88, a price-to-earnings-growth ratio of 2.18 and a beta of 0.95. The company has a current ratio of 0.78, a quick ratio of 0.77 and a debt-to-equity ratio of 9.83. The company’s 50-day moving average is $36.18 and its two-hundred day moving average is $41.06. Teradata has a 12-month low of $31.61 and a 12-month high of $57.73.

Teradata (NYSE:TDC) last released its earnings results on Monday, May 6th. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. Teradata had a net margin of 2.31% and a return on equity of 70.34%. The company had revenue of $465.00 million for the quarter, compared to analyst estimates of $461.93 million. During the same period in the prior year, the firm earned $0.40 EPS. The firm’s quarterly revenue was down 2.3% on a year-over-year basis. Research analysts expect that Teradata will post 1.14 EPS for the current year.

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.