Teradata (NYSE:TDC) Price Target Raised to $28.00

Teradata (NYSE:TDC) had its target price upped by Evercore ISI from $25.00 to $28.00 in a research report report published on Wednesday,Benzinga reports. They currently have an outperform rating on the technology company’s stock.

Other equities research analysts have also recently issued reports about the stock. Zacks Research raised shares of Teradata from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Barclays lifted their price target on shares of Teradata from $22.00 to $24.00 and gave the company an “underweight” rating in a report on Wednesday. Weiss Ratings restated a “sell (d+)” rating on shares of Teradata in a report on Wednesday, October 8th. UBS Group lowered their price target on Teradata from $24.00 to $23.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th. Finally, Wall Street Zen upgraded Teradata from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Teradata presently has a consensus rating of “Hold” and an average price target of $26.38.

Teradata Trading Down 2.5%

Shares of Teradata stock traded down $0.71 during trading hours on Wednesday, reaching $27.59. 1,923,489 shares of the company’s stock were exchanged, compared to its average volume of 1,673,502. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 22.62, a price-to-earnings-growth ratio of 3.87 and a beta of 0.71. The company has a current ratio of 0.90, a quick ratio of 0.84 and a debt-to-equity ratio of 2.21. Teradata has a 52-week low of $18.43 and a 52-week high of $33.20. The company has a fifty day moving average of $21.83 and a 200-day moving average of $21.82.

Teradata (NYSE:TDC) last released its earnings results on Tuesday, November 4th. The technology company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.53 by $0.19. Teradata had a return on equity of 83.22% and a net margin of 7.15%.The firm had revenue of $416.00 million during the quarter, compared to analyst estimates of $406.30 million. During the same period in the prior year, the firm posted $0.69 earnings per share. The business’s quarterly revenue was down 5.5% compared to the same quarter last year. Teradata has set its Q4 2025 guidance at 0.530-0.570 EPS. FY 2025 guidance at 2.380-2.420 EPS. Sell-side analysts forecast that Teradata will post 1.31 EPS for the current fiscal year.

Institutional Investors Weigh In On Teradata

Several hedge funds have recently modified their holdings of TDC. Vanguard Group Inc. raised its stake in shares of Teradata by 5.6% during the first quarter. Vanguard Group Inc. now owns 13,774,843 shares of the technology company’s stock valued at $309,658,000 after purchasing an additional 728,333 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Teradata by 63.4% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 35,689 shares of the technology company’s stock valued at $802,000 after purchasing an additional 13,847 shares in the last quarter. Jump Financial LLC purchased a new stake in Teradata during the 1st quarter worth $1,317,000. LSV Asset Management lifted its holdings in Teradata by 95.6% in the 1st quarter. LSV Asset Management now owns 1,588,999 shares of the technology company’s stock worth $35,721,000 after buying an additional 776,799 shares in the last quarter. Finally, Citigroup Inc. boosted its position in Teradata by 23.2% in the 1st quarter. Citigroup Inc. now owns 390,345 shares of the technology company’s stock valued at $8,775,000 after buying an additional 73,436 shares during the last quarter. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

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.