Teradata (NYSE:TDC) Posts Earnings Results, Beats Estimates By $0.13 EPS

Teradata (NYSE:TDC) released its quarterly earnings results on Monday. The technology company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13, Briefing.com reports. 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 4.56% and a return on equity of 160.68%. The business’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the business earned $0.14 EPS.

Teradata Stock Performance

NYSE TDC opened at $28.47 on Wednesday. The company has a 50-day simple moving average of $30.07 and a two-hundred day simple moving average of $31.64. 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 12-month low of $24.02 and a 12-month high of $49.44. The firm has a market cap of $2.74 billion, a price-to-earnings ratio of 33.89, a PEG ratio of 3.10 and a beta of 0.80.

Insider Buying and Selling at Teradata

In other Teradata 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 sale, the insider now directly owns 96,783 shares in the company, valued at $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, 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 transaction, the insider now directly owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. This represents 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 hyperlink. Also, 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.86% of the company’s stock.

Analyst Ratings Changes

TDC has been the subject of a number of recent analyst reports. Northland Securities reduced their price target on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Tuesday. TD Cowen reduced their price target on shares of Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a research report on Tuesday, August 6th. UBS Group upped their target price on shares of Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a research report on Tuesday. StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Finally, Barclays cut their target price on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a research report on Tuesday. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $39.91.

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.