Brokerages Set Teradata Co. (NYSE:TDC) Price Target at $34.40

Teradata Co. (NYSE:TDC) has received an average recommendation of “Hold” from the ten brokerages that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $34.40.

TDC has been the topic of several recent analyst reports. Guggenheim dropped their price target on Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Evercore ISI dropped their price target on Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. Barclays dropped their price target on Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 12th. Northland Securities dropped their price target on Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Finally, StockNews.com lowered Teradata from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 13th.

Institutional Investors Weigh In On Teradata

Institutional investors have recently bought and sold shares of the stock. Algert Global LLC grew its holdings in Teradata by 46.3% during the third quarter. Algert Global LLC now owns 113,106 shares of the technology company’s stock worth $3,432,000 after buying an additional 35,800 shares in the last quarter. UNICOM Systems Inc. bought a new stake in Teradata during the fourth quarter worth $3,162,000. Pacer Advisors Inc. grew its holdings in Teradata by 21.7% during the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock worth $62,843,000 after buying an additional 369,123 shares in the last quarter. John G Ullman & Associates Inc. grew its holdings in Teradata by 46.8% during the third quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company’s stock worth $4,395,000 after buying an additional 46,200 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in Teradata by 828.5% during the third quarter. Assenagon Asset Management S.A. now owns 444,450 shares of the technology company’s stock worth $13,485,000 after buying an additional 396,584 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

NYSE:TDC opened at $23.50 on Friday. The stock has a market cap of $2.25 billion, a P/E ratio of 20.08, a price-to-earnings-growth ratio of 6.23 and a beta of 0.78. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. The stock’s 50-day moving average is $29.73 and its 200-day moving average is $29.95. Teradata has a 1-year low of $22.73 and a 1-year high of $39.70.

Teradata (NYSE:TDC) last posted its quarterly earnings data 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 return on equity of 149.16% and a net margin of 6.51%. Equities research analysts anticipate that Teradata will post 1.31 earnings per share for the current year.

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.