Teradata (NYSE:TDC) Releases Quarterly Earnings Results

Teradata (NYSE:TDC) released its quarterly earnings results on Tuesday. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13, FiscalAI reports. Teradata had a return on equity of 57.44% and a net margin of 24.93%.The company had revenue of $410.00 million for the quarter, compared to analyst estimates of $396.13 million.

Teradata Stock Performance

NYSE TDC traded up $2.39 during trading on Tuesday, reaching $34.48. 5,022,894 shares of the company’s stock were exchanged, compared to its average volume of 2,375,428. Teradata has a fifty-two week low of $19.96 and a fifty-two week high of $41.78. The stock has a market capitalization of $3.24 billion, a P/E ratio of 7.91, a PEG ratio of 2.28 and a beta of 0.60. The business has a 50 day moving average price of $32.51 and a 200-day moving average price of $30.13. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.30 and a quick ratio of 1.29.

Insiders Place Their Bets

In other news, CEO Stephen Mcmillan sold 20,000 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $31.71, for a total value of $634,200.00. Following the completion of the sale, the chief executive officer owned 762,446 shares of the company’s stock, valued at approximately $24,177,162.66. The trade was a 2.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Timothy C. K. Chou sold 5,657 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $33.72, for a total transaction of $190,754.04. Following the completion of the sale, the director directly owned 39,210 shares of the company’s stock, valued at $1,322,161.20. This represents a 12.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 77,201 shares of company stock valued at $2,486,235 over the last ninety days. 0.96% of the stock is currently owned by company insiders.

Institutional Trading of Teradata

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC lifted its stake in shares of Teradata by 175.3% in the second quarter. AQR Capital Management LLC now owns 3,913,277 shares of the technology company’s stock worth $86,914,000 after acquiring an additional 2,491,938 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new stake in Teradata during the 4th quarter valued at approximately $67,125,000. Defiance ETFs LLC bought a new position in Teradata during the 4th quarter worth approximately $38,968,000. Morgan Stanley lifted its position in shares of Teradata by 56.3% in the 4th quarter. Morgan Stanley now owns 3,151,388 shares of the technology company’s stock worth $95,928,000 after purchasing an additional 1,134,722 shares during the period. Finally, Alyeska Investment Group L.P. bought a new stake in shares of Teradata in the 3rd quarter valued at $23,549,000. Institutional investors own 90.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TDC shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Teradata in a research note on Wednesday, June 24th. Barclays lowered their price objective on shares of Teradata from $29.00 to $28.00 and set an “underweight” rating for the company in a research report on Wednesday, May 6th. UBS Group cut their price target on Teradata from $36.00 to $34.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Wall Street Zen raised Teradata from a “buy” rating to a “strong-buy” rating in a research report on Sunday, July 26th. Finally, Citigroup reaffirmed a “buy” rating on shares of Teradata in a research note on Wednesday, July 29th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Teradata has an average rating of “Hold” and a consensus price target of $35.56.

About Teradata

Teradata Corporation is a global provider of enterprise analytics and data management solutions designed to help organizations unlock value from their data assets. The company offers both cloud-based and on-premises platforms that support data warehousing, big data analytics, and machine learning. Through its flagship analytics ecosystem, Teradata enables businesses to integrate, analyze, and manage large volumes of structured and unstructured data at scale.

Central to Teradata’s product suite is the Teradata Vantage analytics platform, which unifies diverse data types across multiple environments—including public and private clouds—into a single, coherent architecture.