Teradata (NYSE:TDC) Releases Quarterly Earnings Results, Beats Expectations By $0.13 EPS

Teradata (NYSE:TDC) posted its earnings results on Monday. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.56 by $0.13, Briefing.com reports. The business had revenue of $440.00 million during the quarter, compared to the consensus estimate of $417.71 million. Teradata had a return on equity of 114.57% and a net margin of 3.45%. Teradata’s revenue was up .5% on a year-over-year basis. During the same quarter last year, the company earned $0.14 EPS.

Teradata Trading Down 14.3 %

NYSE:TDC traded down $4.77 on Tuesday, reaching $28.61. The company’s stock had a trading volume of 1,838,459 shares, compared to its average volume of 938,119. Teradata has a 1-year low of $24.02 and a 1-year high of $49.44. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.72 and a current ratio of 0.75. The firm has a market cap of $2.75 billion, a PE ratio of 46.16, a PEG ratio of 3.08 and a beta of 0.80. The business’s 50-day moving average price is $30.06 and its two-hundred day moving average price is $31.69.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $32.00 price objective on shares of Teradata in a research report on Tuesday. Northland Securities decreased their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Tuesday. TD Cowen decreased their price objective on Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a research note on Tuesday, August 6th. JMP Securities cut Teradata from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 6th. Finally, StockNews.com raised Teradata from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 6th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Teradata currently has a consensus rating of “Hold” and a consensus target price of $39.91.

Insider Buying and Selling at Teradata

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now directly owns 121,382 shares in the company, valued at $3,341,646.46. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the sale, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.86% 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.