Teradata (NYSE:TDC) Reaches New 12-Month Low – Time to Sell?

Teradata Co. (NYSE:TDC)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $21.80 and last traded at $21.93, with a volume of 116948 shares traded. The stock had previously closed at $22.28.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TDC. StockNews.com lowered shares of Teradata from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 13th. Evercore ISI decreased their price objective on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Royal Bank of Canada dropped their target price on Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 12th. Guggenheim reduced their price target on Teradata from $42.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. Finally, JMP Securities reissued a “market perform” rating on shares of Teradata in a report on Thursday, February 13th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Teradata presently has a consensus rating of “Hold” and an average price target of $34.40.

Teradata Stock Performance

The company has a market cap of $2.09 billion, a price-to-earnings ratio of 18.89, a PEG ratio of 6.23 and a beta of 0.75. The firm’s 50 day simple moving average is $28.16 and its 200-day simple moving average is $29.69. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.81.

Teradata (NYSE:TDC) last posted its earnings results on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. On average, sell-side analysts predict that Teradata Co. will post 1.31 EPS for the current year.

Hedge Funds Weigh In On Teradata

Large investors have recently modified their holdings of the business. Algert Global LLC boosted its position in shares of 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 during the period. UNICOM Systems Inc. acquired a new stake in Teradata during the 4th quarter worth approximately $3,162,000. Pacer Advisors Inc. boosted its position in Teradata by 21.7% in the 3rd quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after buying an additional 369,123 shares during the period. Unified Investment Management purchased a new position in Teradata in the 4th quarter valued at approximately $932,000. Finally, John G Ullman & Associates Inc. grew its stake in shares of Teradata by 46.8% in the third quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company’s stock worth $4,395,000 after acquiring an additional 46,200 shares in the last quarter. Institutional investors and hedge funds 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.