Teradata Co. (NYSE:TDC) Given Consensus Rating of “Hold” by Analysts

Teradata Co. (NYSE:TDC) has been assigned a consensus recommendation of “Hold” from the ten brokerages that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $34.40.

TDC has been the subject of several recent analyst reports. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 13th. JMP Securities reaffirmed a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Barclays dropped their target price on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a report on Wednesday, February 12th. Guggenheim dropped their price target on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Finally, Evercore ISI reduced their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th.

Teradata Stock Performance

NYSE:TDC opened at $24.28 on Tuesday. The stock has a 50 day simple moving average of $26.90 and a 200 day simple moving average of $29.43. The stock has a market cap of $2.30 billion, a P/E ratio of 20.75, a PEG ratio of 6.23 and a beta of 0.75. Teradata has a 1-year low of $21.80 and a 1-year high of $39.70. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. Research analysts anticipate that Teradata will post 1.31 earnings per share for the current year.

Institutional Investors Weigh In On Teradata

Hedge funds and other institutional investors have recently modified their holdings of the stock. Atria Investments Inc grew its position in Teradata by 10.3% during the third quarter. Atria Investments Inc now owns 6,867 shares of the technology company’s stock worth $208,000 after buying an additional 643 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in Teradata by 4.6% during the third quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock worth $219,000 after purchasing an additional 315 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Teradata in the 3rd quarter worth about $373,000. Victory Capital Management Inc. increased its position in shares of Teradata by 2.0% during the 3rd quarter. Victory Capital Management Inc. now owns 133,783 shares of the technology company’s stock valued at $4,059,000 after purchasing an additional 2,579 shares during the last quarter. Finally, Natixis Advisors LLC boosted its stake in shares of Teradata by 27.0% in the 3rd quarter. Natixis Advisors LLC now owns 13,799 shares of the technology company’s stock valued at $419,000 after purchasing an additional 2,935 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors.

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.