Teradata (NYSE:TDC) Announces Earnings Results, Beats Estimates By $0.13 EPS

Teradata (NYSE:TDC) posted its quarterly earnings results on Monday. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13, Briefing.com reports. Teradata had a return on equity of 160.68% and a net margin of 4.56%. The business had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. During the same quarter last year, the company posted $0.14 earnings per share. Teradata’s quarterly revenue was up .5% on a year-over-year basis.

Teradata Trading Down 1.1 %

Shares of Teradata stock traded down $0.32 during trading on Thursday, hitting $29.01. The company’s stock had a trading volume of 115,595 shares, compared to its average volume of 941,775. The company has a debt-to-equity ratio of 6.87, a current ratio of 0.75 and a quick ratio of 0.72. Teradata has a 52 week low of $24.02 and a 52 week high of $49.44. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 34.92, a price-to-earnings-growth ratio of 3.10 and a beta of 0.80. The stock has a 50-day moving average price of $30.10 and a two-hundred day moving average price of $31.62.

Analyst Upgrades and Downgrades

TDC has been the subject of a number of research analyst reports. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Royal Bank of Canada restated a “sector perform” rating and set a $32.00 price objective on shares of Teradata in a research report on Tuesday. TD Cowen lowered their price target on shares of Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a report on Tuesday, August 6th. JMP Securities downgraded shares of Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. Finally, UBS Group upped their price target on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday. Three analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Teradata presently has an average rating of “Hold” and a consensus target price of $39.91.

Insider Buying and Selling

In other news, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now owns 96,783 shares of the company’s stock, valued at $2,758,315.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Teradata news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the completion of the sale, the insider now owns 121,382 shares in the company, valued at approximately $3,341,646.46. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by insiders.

Teradata Company Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.