Barclays Has Lowered Expectations for Teradata (NYSE:TDC) Stock Price

Teradata (NYSE:TDC) had its price objective trimmed by Barclays from $30.00 to $29.00 in a report issued on Tuesday morning, Benzinga reports. The firm currently has an underweight rating on the technology company’s stock.

TDC has been the subject of several other research reports. Evercore ISI increased their target price on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. UBS Group began coverage on shares of Teradata in a research note on Friday, July 19th. They set a “sell” rating and a $32.00 target price for the company. Morgan Stanley decreased their price target on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 6th. Finally, Northland Securities dropped their price objective on shares of Teradata from $49.00 to $38.00 and set an “outperform” rating for the company in a report on Tuesday, August 6th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Teradata has an average rating of “Hold” and an average price target of $39.91.

Teradata Trading Down 14.7 %

Shares of NYSE:TDC opened at $28.47 on Tuesday. The stock has a 50 day moving average of $30.06 and a 200 day moving average of $31.69. The company has a market cap of $2.74 billion, a PE ratio of 33.89, a price-to-earnings-growth ratio of 3.10 and a beta of 0.80. Teradata has a 12-month low of $24.02 and a 12-month high of $49.44. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 6.87.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 160.68%. The business had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. During the same period in the prior year, the business posted $0.14 earnings per share. The company’s revenue was up .5% on a year-over-year basis. As a group, equities research analysts expect that Teradata will post 1.3 EPS for the current year.

Insider Activity

In related 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 transaction of $156,750.00. Following the completion of the sale, the insider now directly owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the transaction, 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 accessible through the SEC website. Also, 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 sale, the insider now owns 121,382 shares of the company’s stock, valued at $3,341,646.46. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.86% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC purchased a new stake in shares of Teradata in the 1st quarter worth $634,000. Norden Group LLC increased its stake in shares of Teradata by 71.5% during the first quarter. Norden Group LLC now owns 8,616 shares of the technology company’s stock valued at $333,000 after buying an additional 3,593 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Teradata by 7.6% in the first quarter. BNP Paribas Financial Markets now owns 79,168 shares of the technology company’s stock valued at $3,061,000 after acquiring an additional 5,605 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in Teradata in the first quarter worth about $126,000. Finally, Texas Permanent School Fund Corp grew its holdings in Teradata by 1.4% during the 1st quarter. Texas Permanent School Fund Corp now owns 85,594 shares of the technology company’s stock worth $3,310,000 after acquiring an additional 1,147 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.

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.