Barclays reaffirmed their sell rating on shares of Teradata (NYSE:TDC) in a research report released on Sunday morning, AnalystRatings.com reports. Barclays currently has a $33.00 target price on the technology company’s stock.
A number of other analysts have also recently weighed in on the company. Zacks Investment Research raised Teradata from a hold rating to a buy rating and set a $45.00 price objective for the company in a research report on Monday, January 14th. Morgan Stanley raised Teradata from an equal weight rating to an overweight rating and raised their price objective for the stock from $42.00 to $55.00 in a research report on Tuesday, January 15th. Citigroup cut Teradata from a neutral rating to a sell rating and lowered their price objective for the stock from $42.00 to $36.00 in a research report on Wednesday, March 20th. Cowen raised their price objective on Teradata from $51.00 to $55.00 and gave the stock an outperform rating in a research report on Monday, February 11th. Finally, ValuEngine raised Teradata from a buy rating to a strong-buy rating in a research report on Thursday, February 28th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $46.67.
Teradata stock opened at $38.57 on Friday. The company has a quick ratio of 1.37, a current ratio of 1.42 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $4.62 billion, a PE ratio of 43.83, a price-to-earnings-growth ratio of 1.96 and a beta of 0.97. Teradata has a 1-year low of $34.06 and a 1-year high of $49.42.
Teradata (NYSE:TDC) last posted its quarterly earnings data on Thursday, May 2nd. The technology company reported $0.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.02. The firm had revenue of $468.00 million during the quarter, compared to analysts’ expectations of $487.57 million. Teradata had a return on equity of 20.91% and a net margin of 1.27%. The business’s quarterly revenue was down 7.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.19 EPS. As a group, equities research analysts expect that Teradata will post 1.05 EPS for the current fiscal year.
In other news, CFO Mark Culhane bought 1,400 shares of Teradata stock in a transaction that occurred on Monday, May 6th. The stock was bought at an average price of $39.35 per share, for a total transaction of $55,090.00. Following the purchase, the chief financial officer now directly owns 57,485 shares of the company’s stock, valued at approximately $2,262,034.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lisa R. Bacus sold 12,000 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $48.04, for a total value of $576,480.00. Following the completion of the transaction, the director now owns 22,486 shares of the company’s stock, valued at approximately $1,080,227.44. The disclosure for this sale can be found here. Company insiders own 1.12% of the company’s stock.
Hedge funds have recently modified their holdings of the stock. BlackRock Inc. raised its stake in shares of Teradata by 4.2% during the 4th quarter. BlackRock Inc. now owns 11,627,639 shares of the technology company’s stock valued at $446,037,000 after buying an additional 473,405 shares during the last quarter. TIAA CREF Investment Management LLC raised its stake in shares of Teradata by 13.2% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 3,353,582 shares of the technology company’s stock valued at $126,464,000 after buying an additional 392,272 shares during the last quarter. Teachers Advisors LLC raised its stake in shares of Teradata by 1.4% during the 3rd quarter. Teachers Advisors LLC now owns 2,526,373 shares of the technology company’s stock valued at $95,270,000 after buying an additional 34,398 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Teradata by 3,695.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,813,738 shares of the technology company’s stock valued at $47,000 after buying an additional 1,765,956 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Teradata during the 4th quarter valued at about $59,216,000. Institutional investors own 96.26% of the company’s stock.
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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