Share on StockTwits

Equities researchers at Standpoint Research assumed coverage on shares of Teradata (NYSE:TDC) in a research report issued on Monday, reports. The firm set a “buy” rating and a $58.00 price target on the stock. Standpoint Research’s price objective indicates a potential upside of 40.64% from the stock’s previous close.

Shares of Teradata (NYSE:TDC) opened at 41.24 on Monday. Teradata has a 52-week low of $37.66 and a 52-week high of $65.96. The stock has a 50-day moving average of $42.00 and a 200-day moving average of $44.14. The company has a market cap of $6.504 billion and a P/E ratio of 17.93.

Teradata (NYSE:TDC) last announced its earnings results on Thursday, May 8th. The company reported $0.54 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.47 by $0.07. The company had revenue of $628.00 million for the quarter, compared to the consensus estimate of $614.59 million. During the same quarter last year, the company posted $0.43 earnings per share. Teradata’s revenue was up 7.0% compared to the same quarter last year. On average, analysts predict that Teradata will post $2.85 earnings per share for the current fiscal year.

TDC has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Teradata in a research note on Monday, June 30th. They now have a $43.00 price target on the stock. Separately, analysts at JMP Securities downgraded shares of Teradata from an “outperform” rating to a “market perform” rating in a research note on Monday, June 23rd. They now have a $63.00 price target on the stock. Finally, analysts at Goldman Sachs cut their price target on shares of Teradata from $37.00 to $35.00 in a research note on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the stock. Teradata currently has a consensus rating of “Hold” and an average target price of $51.12.

Teradata Corporation (NYSE:TDC) is engaged in analytic data solutions, including integrated data warehousing, big data analytics and business applications.

The Fly On The Wall

Stay on top of analysts' upgrades and downgrades with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' ratings changes. Register Now.