Teradata (NYSE:TDC) Stock Rating Lowered by StockNews.com

Teradata (NYSE:TDC) was downgraded by research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

A number of other equities analysts have also recently commented on the stock. Barclays reduced their price objective on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a research report on Wednesday, February 12th. Guggenheim decreased their price target on shares of Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. JMP Securities restated a “market perform” rating on shares of Teradata in a research report on Thursday, February 13th. Evercore ISI decreased their target price on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Finally, Royal Bank of Canada lowered their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Teradata presently has a consensus rating of “Hold” and a consensus price target of $34.40.

Teradata Stock Down 2.7 %

Teradata stock opened at $22.98 on Friday. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The company’s 50-day moving average is $26.32 and its 200-day moving average is $29.31. The firm has a market capitalization of $2.17 billion, a PE ratio of 19.64, a P/E/G ratio of 6.23 and a beta of 0.75. Teradata has a fifty-two week low of $21.80 and a fifty-two week high of $39.12.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share 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%. Sell-side analysts anticipate that Teradata will post 1.31 earnings per share for the current year.

Institutional Trading of Teradata

Institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. boosted its position in shares of Teradata by 12.4% during the 4th quarter. Ameriprise Financial Inc. now owns 5,450,428 shares of the technology company’s stock worth $169,756,000 after acquiring an additional 599,394 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Teradata by 17.2% in the 4th quarter. AQR Capital Management LLC now owns 2,839,658 shares of the technology company’s stock valued at $88,029,000 after purchasing an additional 416,585 shares during the last quarter. Pacer Advisors Inc. lifted its position in shares of Teradata by 5.2% during the 4th quarter. Pacer Advisors Inc. now owns 2,179,728 shares of the technology company’s stock worth $67,899,000 after buying an additional 108,426 shares during the last quarter. FMR LLC boosted its stake in Teradata by 2.7% in the third quarter. FMR LLC now owns 1,932,741 shares of the technology company’s stock valued at $58,639,000 after buying an additional 51,080 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Teradata by 0.5% in the third quarter. Geode Capital Management LLC now owns 1,685,317 shares of the technology company’s stock valued at $51,145,000 after buying an additional 8,289 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.