Teradata Co. (NYSE:TDC) Receives Average Recommendation of “Hold” from Analysts

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Shares of Teradata Co. (NYSE:TDC) have been given a consensus recommendation of “Hold” by the thirteen brokerages that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $32.64.

Several analysts have recently commented on the stock. Stifel Nicolaus downgraded shares of Teradata from a “buy” rating to a “hold” rating and decreased their price objective for the company from $60.00 to $25.00 in a research report on Friday, November 8th. Morgan Stanley decreased their price objective on shares of Teradata from $58.00 to $53.00 and set an “overweight” rating on the stock in a research report on Friday, November 8th. Cowen downgraded shares of Teradata from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $53.00 to $29.00 in a research report on Friday, November 8th. Wells Fargo & Co decreased their price objective on shares of Teradata from $30.00 to $25.00 and set an “underperform” rating on the stock in a research report on Friday, November 8th. Finally, ValuEngine downgraded shares of Teradata from a “buy” rating to a “hold” rating in a research report on Tuesday, September 17th.

In related news, CMO Martyn Etherington bought 4,300 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was bought at an average cost of $26.43 per share, with a total value of $113,649.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Mark Culhane bought 1,950 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were bought at an average cost of $26.00 per share, with a total value of $50,700.00. Following the completion of the purchase, the chief financial officer now directly owns 64,035 shares of the company’s stock, valued at approximately $1,664,910. The disclosure for this purchase can be found here. Company insiders own 1.12% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Marshall Wace LLP purchased a new position in shares of Teradata in the 2nd quarter worth $1,776,000. D. E. Shaw & Co. Inc. grew its stake in shares of Teradata by 45.8% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 509,697 shares of the technology company’s stock worth $18,272,000 after buying an additional 160,107 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Teradata by 3.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 212,622 shares of the technology company’s stock worth $7,550,000 after buying an additional 7,651 shares in the last quarter. Wedge Capital Management L L P NC grew its stake in shares of Teradata by 15.5% in the 2nd quarter. Wedge Capital Management L L P NC now owns 12,213 shares of the technology company’s stock worth $438,000 after buying an additional 1,639 shares in the last quarter. Finally, Commerce Bank grew its stake in shares of Teradata by 158.2% in the 2nd quarter. Commerce Bank now owns 15,463 shares of the technology company’s stock worth $554,000 after buying an additional 9,475 shares in the last quarter. 97.35% of the stock is owned by institutional investors.

TDC traded up $0.50 during trading on Thursday, hitting $26.87. The company’s stock had a trading volume of 1,693,550 shares, compared to its average volume of 1,214,028. The company has a quick ratio of 1.22, a current ratio of 1.27 and a debt-to-equity ratio of 1.73. Teradata has a one year low of $23.71 and a one year high of $49.42. The firm has a market cap of $3.00 billion, a PE ratio of 30.53, a P/E/G ratio of 5.44 and a beta of 1.19. The business’s 50 day simple moving average is $28.97 and its 200-day simple moving average is $33.34.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Thursday, November 7th. The technology company reported $0.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.06. The firm had revenue of $459.00 million for the quarter, compared to the consensus estimate of $485.62 million. Teradata had a net margin of 0.70% and a return on equity of 23.17%. The company’s revenue was down 12.7% on a year-over-year basis. During the same period last year, the firm earned $0.36 EPS. Equities research analysts expect that Teradata will post 0.43 EPS for the current fiscal year.

Teradata declared that its board has authorized a stock buyback plan on Thursday, August 1st that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the technology company to purchase up to 11.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Teradata Company Profile

Teradata Corporation provides hybrid cloud analytics software. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in company's analytical ecosystem. It operates through three segments: North America and Latin America region; Europe, Middle East and Africa region; and Asia Pacific and Japan region.

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Analyst Recommendations for Teradata (NYSE:TDC)

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