Teradata (NYSE: TDC – Get an Assessment) saw its price target reduced by Barclays from $42.00 to $36.00 in a research report sent to investors on Monday morning, reports The Fly. They currently have an underweight rating on shares of the technology company.
Several other stock analysts have also recently commented on TDC. Craig Hallum lowered his target price on Teradata shares from $65.00 to $57.00 in a Friday, May 6 report. StockNews.com downgraded Teradata shares from a strong buy rating to a buy rating in a Thursday, May 5 report. Two investment analysts gave the stock a sell rating, two gave the company a hold rating and seven gave the company a buy rating. According to data from MarketBeat, the company currently has a consensus rating of Hold and a consensus price target of $56.40.
Teradata stock down 1.0%
TDC opened at $36.74 on Monday. The company has a quick ratio of 0.85, a current ratio of 0.87 and a debt ratio of 1.60. The company has a 50-day moving average price of $37.13 and a 200-day moving average price of $42.48. Teradata has a 12-month low of $33.38 and a 12-month high of $59.38. The stock has a market capitalization of $3.85 billion, a price/earnings ratio of 31.67, a PEG ratio of 2.05 and a beta of 1.05.
Teradata (NYSE:TDC – Get Rating) last released its quarterly results on Thursday, May 5. The tech company reported earnings per share of $0.46 for the quarter, hitting analysts’ consensus estimate of $0.46. The company posted revenue of $496.00 million in the quarter, versus analyst estimates of $490.86 million. Teradata had a net margin of 6.76% and a return on equity of 42.19%. The company’s revenue increased 1.0% year over year. In the same period a year earlier, the company posted earnings per share of $0.55. Equity research analysts expect Teradata to post earnings per share of 0.66 for the current year.
Insider Trading at Teradata
In other Teradata news, CFO Claire Bramley sold 2,100 shares in a trade dated Thursday, May 26. The shares were sold at an average price of $35.54, for a total transaction of $74,634.00. Following the transaction, the CFO now directly owns 99,622 shares of the company, valued at approximately $3,540,565.88. The sale was disclosed in a document filed with the SEC, accessible via this hyperlink. In other Teradata news, CFO Claire Bramley sold 2,100 shares in a trade dated Thursday, May 26. The shares were sold at an average price of $35.54, for a total transaction of $74,634.00. Following the transaction, the CFO now directly owns 99,622 shares of the company, valued at approximately $3,540,565.88. The sale was disclosed in a document filed with the SEC, accessible via this hyperlink. Additionally, director Timothy CK Chou sold 4,092 shares in a trade dated Wednesday, April 20. The stock was sold at an average price of $45.82, for a total transaction of $187,495.44. Following the transaction, the administrator now owns 18,229 shares of the company, valued at $835,252.78. The disclosure of this sale can be found here. Insiders of the company own 0.69% of the shares of the company.
Institutional entries and exits
Several large investors have recently changed their stake in the company. Geneos Wealth Management Inc. increased its stake in Teradata by 50.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 799 shares of the technology company worth $33,000 after buying 269 additional shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in Teradata by 62.8% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 819 shares of the tech company worth $35,000 after buying 316 more shares in the last quarter. The Canada Pension Plan Investment Board bought a new position in Teradata in the first quarter worth $44,000. Financial Management Professionals Inc. increased its stake in Teradata by 20,625.0% in the fourth quarter. Financial Management Professionals Inc. now owns 1,658 shares of the technology company worth $70,000 after buying 1,650 additional shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in Teradata in the first quarter worth $71,000. Institutional investors hold 98.54% of the company’s shares.
Teradata Company Profile
(Get an assessment)
Teradata Corporation, together with its subsidiaries, provides a connected, multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, a data platform that enables enterprises to leverage their data across the enterprise, as well as connect various data sources to simplify the ecosystem and support customers on their journey to the cloud through integrated migration.
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