Teradata Co. (NYSE:TDC) Given Average Recommendation of “Hold” by Brokerages

Teradata Co. (NYSE:TDC) has received an average rating of “Hold” from the ten analysts that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $34.40.

Several equities research analysts recently commented on the company. Barclays cut their price target on Teradata from $30.00 to $25.00 and set an “underweight” rating for the company in a report on Wednesday, February 12th. Northland Securities cut their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Royal Bank of Canada cut their price target on Teradata from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Wednesday, February 12th. StockNews.com cut Teradata from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 13th. Finally, Evercore ISI cut their price target on Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th.

Institutional Investors Weigh In On Teradata

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. acquired a new stake in Teradata during the third quarter worth $27,000. Brooklyn Investment Group purchased a new position in shares of Teradata during the third quarter worth $32,000. Independence Bank of Kentucky purchased a new position in shares of Teradata during the fourth quarter worth $37,000. Allworth Financial LP boosted its position in shares of Teradata by 75.2% during the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after buying an additional 569 shares during the period. Finally, International Assets Investment Management LLC boosted its position in shares of Teradata by 2,934.1% during the third quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after buying an additional 1,291 shares during the period. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Price Performance

Shares of Teradata stock opened at $23.88 on Friday. The business has a 50 day simple moving average of $30.58 and a two-hundred day simple moving average of $30.02. Teradata has a 12 month low of $22.73 and a 12 month high of $39.70. The stock has a market capitalization of $2.29 billion, a P/E ratio of 20.41, a PEG ratio of 6.50 and a beta of 0.78. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79.

Teradata (NYSE:TDC) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. As a group, analysts predict that Teradata will post 1.31 EPS for the current fiscal year.

About Teradata

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.