Teradata Co. (TDC) Expected to Post Earnings of $0.45 Per Share

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Wall Street analysts expect Teradata Co. (NYSE:TDC) to report earnings of $0.45 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Teradata’s earnings, with the lowest EPS estimate coming in at $0.43 and the highest estimate coming in at $0.48. Teradata reported earnings of $0.58 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 22.4%. The firm is expected to issue its next quarterly earnings report on Thursday, February 14th.

According to Zacks, analysts expect that Teradata will report full-year earnings of $1.24 per share for the current year, with EPS estimates ranging from $1.22 to $1.29. For the next fiscal year, analysts expect that the firm will report earnings of $1.59 per share, with EPS estimates ranging from $1.42 to $1.86. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow Teradata.

Teradata (NYSE:TDC) last posted its earnings results on Thursday, November 1st. The technology company reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.05. The company had revenue of $526.00 million during the quarter, compared to analyst estimates of $534.95 million. Teradata had a positive return on equity of 18.61% and a negative net margin of 2.68%. The company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.29 EPS.

TDC has been the topic of several recent analyst reports. Standpoint Research cut Teradata from a “buy” rating to a “hold” rating and set a $58.00 price objective on the stock. in a report on Tuesday, July 24th. Stifel Nicolaus lifted their price objective on Teradata from $49.00 to $53.00 and gave the company a “buy” rating in a report on Friday, August 3rd. Barclays lifted their price objective on Teradata from $31.00 to $34.00 and gave the company an “underweight” rating in a report on Friday, September 7th. Finally, Zacks Investment Research cut Teradata from a “hold” rating to a “sell” rating in a report on Tuesday, August 7th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $42.20.

In other Teradata news, EVP Daniel L. Harrington sold 13,000 shares of the business’s stock in a transaction that occurred on Monday, August 13th. The stock was sold at an average price of $40.35, for a total value of $524,550.00. Following the sale, the executive vice president now owns 92,995 shares in the company, valued at approximately $3,752,348.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Mark Culhane bought 6,900 shares of the business’s stock in a transaction on Monday, November 5th. The stock was purchased at an average price of $35.11 per share, for a total transaction of $242,259.00. Following the purchase, the chief financial officer now directly owns 36,824 shares in the company, valued at approximately $1,292,890.64. The disclosure for this purchase can be found here. Insiders own 1.22% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Swiss National Bank lifted its holdings in Teradata by 1.5% during the second quarter. Swiss National Bank now owns 213,759 shares of the technology company’s stock worth $8,582,000 after acquiring an additional 3,200 shares during the period. Chartwell Investment Partners LLC acquired a new position in shares of Teradata during the 2nd quarter worth about $3,872,000. Point72 Hong Kong Ltd acquired a new position in shares of Teradata during the 2nd quarter worth about $277,000. Wells Fargo & Company MN raised its position in shares of Teradata by 3.2% during the 2nd quarter. Wells Fargo & Company MN now owns 279,015 shares of the technology company’s stock worth $11,203,000 after purchasing an additional 8,534 shares during the last quarter. Finally, OppenheimerFunds Inc. grew its stake in Teradata by 1.2% during the 2nd quarter. OppenheimerFunds Inc. now owns 1,294,627 shares of the technology company’s stock valued at $51,980,000 after acquiring an additional 14,866 shares in the last quarter. Hedge funds and other institutional investors own 99.41% of the company’s stock.

Shares of Teradata stock traded down $0.50 during trading on Monday, hitting $37.66. 595,899 shares of the company were exchanged, compared to its average volume of 1,305,155. Teradata has a 1-year low of $33.63 and a 1-year high of $44.27. The company has a current ratio of 1.77, a quick ratio of 1.71 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $4.55 billion, a P/E ratio of 46.49, a PEG ratio of 4.44 and a beta of 1.16.

Teradata Company Profile

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.

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