Teradata Corporation (NYSE:TDC) had its target price increased by equities researchers at Mizuho from $26.00 to $32.00 in a research report issued to clients and investors on Thursday, November 2nd, Marketbeat.com reports. The brokerage currently has an “underperform” rating on the technology company’s stock. Mizuho’s price objective would suggest a potential downside of 12.06% from the company’s previous close.
TDC has been the subject of several other research reports. Deutsche Bank AG upped their target price on shares of Teradata Corporation from $30.00 to $32.00 and gave the stock a “hold” rating in a report on Tuesday, October 24th. BMO Capital Markets reissued a “hold” rating and set a $30.00 price objective on shares of Teradata Corporation in a report on Sunday, July 16th. Sanford C. Bernstein reissued an “underperform” rating and set a $27.00 price objective on shares of Teradata Corporation in a report on Monday, September 11th. Stifel Nicolaus reissued a “hold” rating and set a $32.00 price objective on shares of Teradata Corporation in a report on Monday, August 14th. Finally, BidaskClub downgraded shares of Teradata Corporation from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. Teradata Corporation currently has an average rating of “Hold” and an average price target of $31.78.
Shares of Teradata Corporation (TDC) traded up $0.24 during mid-day trading on Thursday, hitting $36.39. 613,899 shares of the stock were exchanged, compared to its average volume of 1,641,503. Teradata Corporation has a 12-month low of $26.27 and a 12-month high of $38.08. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.56 and a current ratio of 1.61. The company has a market cap of $4,530.00, a P/E ratio of 31.99, a price-to-earnings-growth ratio of 7.42 and a beta of 1.23.
Teradata Corporation (NYSE:TDC) last issued its earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.17. The company had revenue of $526.00 million during the quarter, compared to the consensus estimate of $511.23 million. Teradata Corporation had a net margin of 3.01% and a return on equity of 16.47%. Teradata Corporation’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.69 EPS. sell-side analysts expect that Teradata Corporation will post 0.91 earnings per share for the current fiscal year.
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A number of institutional investors have recently bought and sold shares of TDC. BlackRock Inc. raised its position in Teradata Corporation by 5,397.6% in the 1st quarter. BlackRock Inc. now owns 7,801,522 shares of the technology company’s stock worth $242,782,000 after purchasing an additional 7,659,614 shares during the period. Alyeska Investment Group L.P. raised its position in Teradata Corporation by 259.2% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,764,202 shares of the technology company’s stock worth $93,402,000 after purchasing an additional 1,994,620 shares during the period. Ameriprise Financial Inc. raised its position in Teradata Corporation by 24.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,293,085 shares of the technology company’s stock worth $185,598,000 after purchasing an additional 1,221,193 shares during the period. Victory Capital Management Inc. purchased a new stake in Teradata Corporation in the 3rd quarter worth about $33,107,000. Finally, Frontier Capital Management Co. LLC bought a new position in Teradata Corporation in the 2nd quarter worth about $22,262,000.
Teradata Corporation Company Profile
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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