Teradata Corporation (NYSE:TDC) Stock Has Consensus Target Price of $34.33

by · The Markets Daily

Teradata Corporation (NYSE:TDC – Get Free Report) has earned an average rating of “Hold” from the ten research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $34.33.

A number of equities analysts recently issued reports on TDC shares. Barclays lowered their price objective on shares of Teradata from $28.00 to $27.00 and set an “underweight” rating for the company in a research report on Wednesday, August 5th. Royal Bank Of Canada restated a “sector perform” rating and issued a $34.00 target price on shares of Teradata in a research report on Thursday, July 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Teradata in a research note on Monday, September 21st. Morgan Stanley reaffirmed an “equal weight” rating and set a $29.00 target price (down from $35.00) on shares of Teradata in a research note on Monday, August 10th. Finally, Wall Street Zen downgraded shares of Teradata from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 8th.

Get Our Latest Analysis on TDC

Teradata Stock Down 0.7%

Shares of NYSE TDC opened at $30.47 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.08. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 6.41, a PEG ratio of 2.28 and a beta of 0.62. Teradata has a 12 month low of $20.54 and a 12 month high of $41.78. The stock has a 50-day moving average price of $28.54 and a two-hundred day moving average price of $29.91.

Teradata (NYSE:TDC – Get Free Report) last posted its earnings results on Tuesday, August 4th. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. Teradata had a net margin of 27.08% and a return on equity of 47.25%. The firm had revenue of $410.00 million during the quarter, compared to analysts’ expectations of $396.13 million. During the same quarter in the prior year, the business earned $0.47 earnings per share. The business’s revenue for the quarter was up .5% compared to the same quarter last year. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. As a group, analysts forecast that Teradata will post 1.79 earnings per share for the current fiscal year.

Insider Buying and Selling at Teradata

In related news, COO Michael Hutchinson sold 48,077 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $30.00, for a total transaction of $1,442,310.00. Following the sale, the chief operating officer owned 171,927 shares of the company’s stock, valued at $5,157,810. This trade represents a 21.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen Mcmillan sold 10,000 shares of the business’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $30.02, for a total value of $300,200.00. Following the sale, the chief executive officer owned 752,446 shares in the company, valued at $22,588,428.92. This represents a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.96% of the company’s stock.

Institutional Trading of Teradata

A number of hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Teradata in the 2nd quarter valued at about $567,999,000. Bank of America Corp DE acquired a new stake in shares of Teradata in the second quarter valued at about $44,869,000. Alyeska Investment Group L.P. bought a new position in shares of Teradata during the second quarter worth about $44,472,000. Quantinno Capital Management LP raised its position in shares of Teradata by 1,158.9% during the first quarter. Quantinno Capital Management LP now owns 1,294,502 shares of the technology company’s stock worth $33,178,000 after acquiring an additional 1,191,677 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Teradata in the second quarter worth approximately $24,728,000. 90.31% of the stock is owned by institutional investors and hedge funds.

About Teradata

(Get Free Report)

Teradata Corporation (NYSE: TDC) is a data and analytics company that provides cloud-based data platforms, software, and services to help organizations manage, analyze, and derive insights from large and complex data sets. Its offerings support enterprise data warehousing, business intelligence, artificial intelligence, and machine learning applications.

The company’s primary platform is Teradata VantageCloud, which is designed to provide analytics across public, private, and hybrid cloud environments.

Recommended Stories