Teradata (TDC) to Release Quarterly Earnings on Monday

Teradata (NYSE:TDC) is scheduled to be announcing its earnings results after the market closes on Monday, August 5th. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Monday, May 6th. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. Teradata had a return on equity of 70.34% and a net margin of 2.31%. The company had revenue of $465.00 million during the quarter, compared to analysts’ expectations of $461.93 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. The business’s revenue was down 2.3% on a year-over-year basis. On average, analysts expect Teradata to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Teradata Trading Down 2.8 %

Shares of NYSE:TDC opened at $30.46 on Friday. Teradata has a 12-month low of $29.95 and a 12-month high of $56.31. The stock has a market cap of $2.95 billion, a PE ratio of 72.52, a P/E/G ratio of 2.13 and a beta of 0.84. The business has a 50 day moving average of $33.07 and a 200-day moving average of $37.03. The company has a quick ratio of 0.77, a current ratio of 0.78 and a debt-to-equity ratio of 9.83.

Analysts Set New Price Targets

TDC has been the subject of a number of analyst reports. Barclays dropped their price target on shares of Teradata from $39.00 to $35.00 and set an “underweight” rating for the company in a research report on Tuesday, May 7th. JMP Securities dropped their price target on shares of Teradata from $72.00 to $60.00 and set a “market outperform” rating for the company in a research report on Tuesday, May 7th. TD Cowen dropped their price target 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. Guggenheim reiterated a “buy” rating and issued a $60.00 price target on shares of Teradata in a research report on Tuesday, June 25th. Finally, StockNews.com downgraded shares of Teradata from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 12th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $49.25.

Insider Buying and Selling at Teradata

In other Teradata news, CEO Stephen Mcmillan sold 10,000 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $31.95, for a total transaction of $319,500.00. Following the sale, the chief executive officer now owns 393,579 shares of the company’s stock, valued at $12,574,849.05. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Teradata news, CEO Stephen Mcmillan sold 10,000 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $31.95, for a total transaction of $319,500.00. Following the sale, the chief executive officer now owns 393,579 shares of the company’s stock, valued at $12,574,849.05. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael D. Hutchinson sold 18,500 shares of the business’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $32.96, for a total transaction of $609,760.00. Following the sale, the insider now directly owns 55,190 shares in the company, valued at approximately $1,819,062.40. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

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.