Teradata (NYSE:TDC) Updates Q4 Earnings Guidance

Teradata (NYSE:TDC) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.13-0.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.58.

Shares of TDC stock traded down $5.71 on Friday, hitting $25.41. 12,385,426 shares of the company’s stock were exchanged, compared to its average volume of 1,178,967. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.31 and a quick ratio of 1.26. Teradata has a 12 month low of $23.71 and a 12 month high of $49.42. The stock has a market cap of $3.47 billion, a P/E ratio of 28.88, a price-to-earnings-growth ratio of 1.66 and a beta of 1.19. The company has a 50 day moving average of $29.93 and a 200 day moving average of $34.21.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Thursday, November 7th. The technology company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.06. Teradata had a return on equity of 23.03% and a net margin of 1.07%. The business had revenue of $459.00 million during the quarter, compared to the consensus estimate of $485.62 million. During the same period in the prior year, the company earned $0.36 EPS. Teradata’s revenue for the quarter was down 12.7% on a year-over-year basis. Sell-side analysts predict that Teradata will post 0.94 EPS for the current fiscal year.

Teradata announced that its Board of Directors has authorized a stock repurchase program on Thursday, August 1st that allows the company to buyback $500.00 million in shares. This buyback authorization allows the technology company to purchase up to 11.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Several analysts recently weighed in on TDC shares. Morgan Stanley dropped their price objective on Teradata from $58.00 to $53.00 and set an overweight rating for the company in a research report on Friday. Cowen downgraded Teradata from an outperform rating to a market perform rating and dropped their price objective for the stock from $53.00 to $29.00 in a research report on Friday. Bank of America downgraded Teradata from a buy rating to a neutral rating and dropped their price objective for the stock from $48.00 to $33.00 in a research report on Friday. Stifel Nicolaus downgraded Teradata from a buy rating to a hold rating and dropped their price objective for the stock from $60.00 to $25.00 in a research report on Friday. Finally, Wells Fargo & Co dropped their target price on Teradata from $30.00 to $25.00 and set an underperform rating for the company in a research report on Friday. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $34.00.

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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