Teradata (NYSE:TDC) issued its quarterly earnings results on Thursday. The technology company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.05, Bloomberg Earnings reports. Teradata had a positive return on equity of 18.61% and a negative net margin of 2.68%. The firm had revenue of $588.00 million for the quarter, compared to the consensus estimate of $565.94 million. During the same period in the prior year, the business posted $0.58 earnings per share. The company’s revenue for the quarter was down 6.1% on a year-over-year basis.
TDC traded down $0.74 during trading on Thursday, hitting $46.00. 2,217,951 shares of the stock were exchanged, compared to its average volume of 1,234,400. The company has a market capitalization of $5.46 billion, a P/E ratio of 56.79, a PEG ratio of 1.54 and a beta of 1.01. Teradata has a 1 year low of $33.63 and a 1 year high of $46.74. The company has a quick ratio of 1.71, a current ratio of 1.77 and a debt-to-equity ratio of 0.86.
Several equities research analysts have recently weighed in on TDC shares. Zacks Investment Research reiterated a “buy” rating and issued a $41.00 price target on shares of Teradata in a report on Friday, November 16th. Morgan Stanley upgraded Teradata from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $42.00 to $55.00 in a report on Tuesday, January 15th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. Teradata currently has a consensus rating of “Hold” and a consensus price target of $45.78.
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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