Teradata (NYSE:TDC) Issues Q4 2024 Earnings Guidance

Teradata (NYSE:TDC) updated its fourth quarter 2024 earnings guidance on Monday. The company provided EPS guidance of 0.400-0.440 for the period, compared to the consensus EPS estimate of 0.480. The company issued revenue guidance of -. Teradata also updated its FY 2024 guidance to 2.300-2.340 EPS.

Wall Street Analyst Weigh In

TDC has been the topic of a number of analyst reports. JMP Securities cut shares of Teradata from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 6th. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Evercore ISI increased their price objective on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Royal Bank of Canada lowered their price objective on Teradata from $40.00 to $32.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 6th. Finally, Barclays decreased their target price on Teradata from $35.00 to $30.00 and set an “underweight” rating on the stock in a research note on Tuesday, August 6th. Three analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Teradata has an average rating of “Hold” and a consensus target price of $40.64.

Teradata Trading Up 0.5 %

Shares of TDC traded up $0.15 during trading on Monday, reaching $33.38. 1,184,185 shares of the company traded hands, compared to its average volume of 933,884. The stock has a market cap of $3.21 billion, a PE ratio of 52.97, a price-to-earnings-growth ratio of 2.99 and a beta of 0.79. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 6.87. Teradata has a twelve month low of $24.02 and a twelve month high of $49.44. The stock has a 50-day simple moving average of $29.96 and a 200-day simple moving average of $31.72.

Teradata (NYSE:TDC) last released its quarterly earnings data on Monday, August 5th. The technology company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.16. The business had revenue of $436.00 million during the quarter, compared to analysts’ expectations of $447.30 million. Teradata had a return on equity of 114.57% and a net margin of 3.45%. The business’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.20 EPS. On average, analysts anticipate that Teradata will post 1.3 earnings per share for the current year.

Insider Transactions at Teradata

In other Teradata news, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares in the company, valued at approximately $3,341,646.46. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the transaction, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were 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 directly owns 121,382 shares of the company’s stock, valued at $3,341,646.46. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

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.