Teradata (NYSE:TDC) had its target price raised by Cowen from $51.00 to $55.00 in a report issued on Monday morning, The Fly reports. The brokerage currently has an outperform rating on the technology company’s stock.
TDC has been the subject of a number of other research reports. Morgan Stanley upgraded shares of Teradata from an equal weight rating to an overweight rating and boosted their price objective for the company from $42.00 to $55.00 in a report on Tuesday, January 15th. Zacks Investment Research cut shares of Teradata from a buy rating to a hold rating in a report on Monday, February 4th. Finally, BMO Capital Markets restated a market perform rating and set a $45.00 price objective (up previously from $40.00) on shares of Teradata in a report on Friday, February 8th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. Teradata currently has an average rating of Hold and a consensus target price of $47.44.
NYSE:TDC opened at $46.31 on Monday. The stock has a market cap of $5.47 billion, a PE ratio of 52.63, a price-to-earnings-growth ratio of 1.53 and a beta of 1.01. Teradata has a 52 week low of $34.06 and a 52 week high of $47.22. The company has a quick ratio of 1.39, a current ratio of 1.42 and a debt-to-equity ratio of 0.97.
Teradata (NYSE:TDC) last posted its quarterly earnings data on Thursday, February 7th. The technology company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.05. Teradata had a net margin of 1.39% and a return on equity of 18.18%. The firm had revenue of $588.00 million during the quarter, compared to analysts’ expectations of $565.94 million. During the same quarter last year, the company posted $0.58 EPS. The company’s quarterly revenue was down 6.1% compared to the same quarter last year. On average, equities research analysts expect that Teradata will post 1.21 EPS for the current year.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC lifted its stake in Teradata by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 1,118,979 shares of the technology company’s stock valued at $42,924,000 after buying an additional 35,693 shares in the last quarter. Fort L.P. lifted its position in shares of Teradata by 10,858.7% in the fourth quarter. Fort L.P. now owns 5,041 shares of the technology company’s stock worth $193,000 after purchasing an additional 4,995 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of Teradata by 1.3% in the fourth quarter. California State Teachers Retirement System now owns 193,923 shares of the technology company’s stock worth $7,439,000 after purchasing an additional 2,438 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Teradata by 11.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,230,331 shares of the technology company’s stock worth $47,193,000 after purchasing an additional 126,603 shares in the last quarter. Finally, Townsquare Capital LLC bought a new stake in shares of Teradata in the fourth quarter worth $1,092,000. 97.78% of the stock is currently owned by hedge funds and other institutional investors.
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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