Teradata Co. (NYSE:TDC - Get Free Report) gapped down prior to trading on Tuesday after Barclays lowered their price target on the stock from $30.00 to $29.00. The stock had previously closed at $33.38, but opened at $30.42. Barclays currently has an underweight rating on the stock. Teradata shares last traded at $29.77, with a volume of 181,108 shares traded.
TDC has been the subject of several other research reports. Northland Securities reduced their price target on shares of Teradata from $49.00 to $38.00 and set an "outperform" rating for the company in a research report on Tuesday, August 6th. Evercore ISI increased their target price on Teradata from $34.00 to $37.00 and gave the company an "outperform" rating in a report on Tuesday, October 15th. JMP Securities downgraded Teradata from an "outperform" rating to a "market perform" rating in a report on Tuesday, August 6th. StockNews.com raised Teradata from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, August 6th. Finally, Royal Bank of Canada dropped their target price on Teradata from $40.00 to $32.00 and set a "sector perform" rating on the stock in a report on Tuesday, August 6th. Three analysts have rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $40.55.
Check Out Our Latest Stock Report on Teradata
In other Teradata news, insider Hillary Ashton sold 14,962 shares of the company's stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the sale, the insider now owns 121,382 shares of the company's stock, valued at $3,341,646.46. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the firm's stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total value of $156,750.00. Following the sale, the insider now owns 96,783 shares of the company's stock, valued at $2,758,315.50. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Hillary Ashton sold 14,962 shares of the company's stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the transaction, the insider now owns 121,382 shares of the company's stock, valued at approximately $3,341,646.46. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.86% of the company's stock.
Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of Teradata by 3.3% during the first quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company's stock valued at $457,898,000 after buying an additional 377,761 shares during the last quarter. Lynrock Lake LP increased its position in shares of Teradata by 9.9% during the second quarter. Lynrock Lake LP now owns 6,666,666 shares of the technology company's stock valued at $230,400,000 after purchasing an additional 600,000 shares during the period. AQR Capital Management LLC raised its stake in shares of Teradata by 60.9% in the second quarter. AQR Capital Management LLC now owns 2,136,209 shares of the technology company's stock valued at $73,827,000 after purchasing an additional 808,691 shares in the last quarter. Pacer Advisors Inc. lifted its position in Teradata by 27.5% in the second quarter. Pacer Advisors Inc. now owns 1,702,179 shares of the technology company's stock worth $58,827,000 after purchasing an additional 367,641 shares during the period. Finally, Boston Trust Walden Corp boosted its stake in Teradata by 14.5% during the second quarter. Boston Trust Walden Corp now owns 1,673,431 shares of the technology company's stock worth $57,834,000 after buying an additional 212,359 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.
The stock has a market cap of $2.86 billion, a P/E ratio of 47.13, a price-to-earnings-growth ratio of 3.08 and a beta of 0.80. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 6.87. The company's fifty day simple moving average is $29.96 and its 200-day simple moving average is $31.72.
Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.13. The firm had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The company's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.14 earnings per share. As a group, sell-side analysts forecast that Teradata Co. will post 1.3 EPS for the current year.
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.
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