Teradata (NYSE:TDC) had its price target upped by Cowen from $51.00 to $55.00 in a research report sent to investors on Monday, The Fly reports. They currently have an outperform rating on the technology company’s stock.
TDC has been the subject of a number of other research reports. Morgan Stanley raised Teradata from an equal weight rating to an overweight rating and boosted their target price for the company from $42.00 to $55.00 in a research note on Tuesday, January 15th. Zacks Investment Research lowered Teradata from a buy rating to a hold rating in a research note on Monday, February 4th. Finally, BMO Capital Markets reissued a market perform rating and issued a $45.00 target price (up previously from $40.00) on shares of Teradata in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of $47.44.
NYSE TDC opened at $46.28 on Monday. Teradata has a 1-year low of $34.06 and a 1-year high of $47.22. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.42 and a quick ratio of 1.39. The stock has a market capitalization of $5.42 billion, a PE ratio of 52.59, a P/E/G ratio of 1.53 and a beta of 1.01.
Teradata (NYSE:TDC) last released its earnings results on Thursday, February 7th. The technology company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.05. Teradata had a return on equity of 18.18% and a net margin of 1.39%. The company had revenue of $588.00 million during the quarter, compared to analyst estimates of $565.94 million. During the same quarter in the previous year, the company posted $0.58 EPS. Teradata’s revenue for the quarter was down 6.1% on a year-over-year basis. Equities research analysts forecast that Teradata will post 1.21 earnings per share for the current year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mondrian Capital Management LLC bought a new position in Teradata during the 4th quarter valued at approximately $38,000. Penserra Capital Management LLC raised its position in Teradata by 21.7% during the 4th quarter. Penserra Capital Management LLC now owns 1,215 shares of the technology company’s stock valued at $46,000 after purchasing an additional 217 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in Teradata by 3,695.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,813,738 shares of the technology company’s stock valued at $47,000 after purchasing an additional 1,765,956 shares during the last quarter. Cerebellum GP LLC bought a new position in Teradata during the 4th quarter valued at approximately $77,000. Finally, Cutler Group LP bought a new position in Teradata during the 4th quarter valued at approximately $85,000. 97.78% of the stock is owned by institutional investors and hedge funds.
Teradata Company Profile
Teradata Corporation provides analytic data solutions and related services worldwide. The company operates through Americas Data and Analytics, and International Data and Analytics segments. Its analytic data solutions comprise software, hardware, and related business consulting and support services.
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