Teradata Co. (NYSE:TDC) Receives $34.40 Consensus PT from Analysts

Teradata Co. (NYSE:TDC) has earned a consensus rating of “Hold” from the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $34.40.

TDC has been the subject of a number of research reports. UBS Group increased their target price on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research note on Tuesday, November 5th. StockNews.com cut shares of Teradata from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 13th. Guggenheim decreased their price target on shares of Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Northland Securities decreased their target price on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Finally, Barclays decreased their target price on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research note on Wednesday, February 12th.

Institutional Investors Weigh In On Teradata

Several hedge funds have recently added to or reduced their stakes in TDC. Norges Bank acquired a new stake in Teradata during the 4th quarter valued at $36,315,000. Victory Capital Management Inc. lifted its holdings in Teradata by 742.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,127,141 shares of the technology company’s stock valued at $35,110,000 after purchasing an additional 993,358 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Teradata by 12.4% during the 4th quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company’s stock valued at $169,756,000 after purchasing an additional 599,394 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Teradata by 17.2% during the fourth quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company’s stock worth $88,029,000 after buying an additional 416,585 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Teradata by 470.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 495,539 shares of the technology company’s stock worth $15,436,000 after buying an additional 408,595 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of NYSE:TDC opened at $23.50 on Friday. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 20.08, a P/E/G ratio of 6.23 and a beta of 0.78. The firm’s 50 day simple moving average is $29.73 and its 200 day simple moving average is $29.95. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. Teradata has a fifty-two week low of $22.73 and a fifty-two week high of $39.70.

Teradata (NYSE:TDC) last posted its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 149.16% and a net margin of 6.51%. As a group, sell-side analysts forecast that Teradata will post 1.31 earnings per share for the current year.

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.