Shares of Teradata (NYSE:TDC) have received a consensus rating of “Hold” from the sixteen ratings firms that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $36.56.
Several research firms recently weighed in on TDC. Wells Fargo upped their price objective on shares of Teradata from $30.00 to $35.00 and gave the stock an “underperform” rating in a report on Thursday. Stifel Nicolaus upped their price objective on shares of Teradata from $42.00 to $45.00 and gave the stock a “hold” rating in a report on Friday, May 4th. Zacks Investment Research downgraded shares of Teradata from a “hold” rating to a “sell” rating in a report on Monday, February 12th. Sanford C. Bernstein raised shares of Teradata from an “underperform” rating to a “market perform” rating in a report on Monday, March 5th. Finally, ValuEngine raised shares of Teradata from a “hold” rating to a “buy” rating in a report on Friday, March 2nd.
Get Teradata alerts:
TDC stock traded down $0.11 during trading on Friday, hitting $39.48. The company had a trading volume of 1,398,900 shares, compared to its average volume of 1,251,389. The company has a market capitalization of $4.79 billion, a P/E ratio of 48.74, a PEG ratio of 12.35 and a beta of 1.20. Teradata has a fifty-two week low of $27.05 and a fifty-two week high of $42.84. The company has a quick ratio of 1.63, a current ratio of 1.68 and a debt-to-equity ratio of 0.71.
Teradata (NYSE:TDC) last posted its quarterly earnings data on Thursday, May 3rd. The technology company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.03. The business had revenue of $506.00 million during the quarter, compared to the consensus estimate of $495.95 million. Teradata had a negative net margin of 3.32% and a positive return on equity of 14.76%. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.28 earnings per share. equities analysts anticipate that Teradata will post 1.07 EPS for the current year.
Teradata announced that its Board of Directors has approved a stock repurchase program on Thursday, February 8th that allows the company to repurchase $310.00 million in outstanding shares. This repurchase authorization allows the technology company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.
In other Teradata news, General Counsel Laura K. Nyquist sold 52,379 shares of the business’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $41.52, for a total value of $2,174,776.08. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director James M. Ringler sold 7,496 shares of the business’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $41.85, for a total transaction of $313,707.60. The disclosure for this sale can be found here. Over the last quarter, insiders sold 67,371 shares of company stock worth $2,761,638. 1.22% of the stock is owned by company insiders.
A number of institutional investors have recently modified their holdings of TDC. IFP Advisors Inc raised its position in Teradata by 81.5% in the first quarter. IFP Advisors Inc now owns 3,101 shares of the technology company’s stock worth $123,000 after acquiring an additional 1,392 shares in the last quarter. Amundi Pioneer Asset Management Inc. bought a new stake in Teradata in the fourth quarter worth about $175,000. Oppenheimer & Co. Inc. acquired a new stake in Teradata during the 4th quarter worth about $207,000. ARP Americas LP acquired a new stake in Teradata during the 4th quarter worth about $238,000. Finally, Sciencast Management LP acquired a new stake in Teradata during the 4th quarter worth about $241,000. Hedge funds and other institutional investors own 97.94% of the company’s stock.
Teradata Corporation provides analytic data solutions and related services worldwide. The company operates through Americas Data and Analytics, and International Data and Analytics segments. Its analytic data solutions comprise software, hardware, and related business consulting and support services.