Teradata (NYSE:TDC – Free Report) had its price target hoisted by Citigroup from $36.00 to $40.00 in a research report sent to investors on Friday,Benzinga reports. The firm currently has a buy rating on the technology company’s stock.
Several other analysts have also commented on TDC. Morgan Stanley lowered shares of Teradata from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $35.00 to $29.00 in a research report on Monday, August 10th. Weiss Ratings restated a “hold (c)” rating on shares of Teradata in a research note on Monday, September 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $34.00 price target on shares of Teradata in a report on Thursday, July 16th. UBS Group cut their price target on shares of Teradata from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, September 21st. Finally, Barclays reduced their price target on Teradata from $28.00 to $27.00 and set an “underweight” rating on the stock in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Teradata currently has a consensus rating of “Hold” and an average price target of $34.78.
View Our Latest Analysis on TDC
Teradata Trading Down 1.3%
Shares of NYSE:TDC opened at $34.14 on Friday. The company has a market capitalization of $3.18 billion, a PE ratio of 7.19, a P/E/G ratio of 2.57 and a beta of 0.62. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.08. Teradata has a 12-month low of $20.54 and a 12-month high of $41.78. The business’s fifty day simple moving average is $30.01 and its 200-day simple moving average is $29.93.
Teradata (NYSE:TDC – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 47.25% and a net margin of 27.08%. The firm had revenue of $410.00 million during the quarter, compared to analysts’ expectations of $396.13 million. During the same period in the prior year, the business posted $0.47 EPS. The firm’s quarterly revenue was up .5% on a year-over-year basis. 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, equities research analysts predict that Teradata will post 1.79 earnings per share for the current fiscal year.
Insider Activity
In related news, COO Michael Hutchinson sold 48,077 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $30.00, for a total value of $1,442,310.00. Following the completion of the transaction, the chief operating officer directly 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 sale was disclosed in a document filed 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 Teradata stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $30.02, for a total transaction of $300,200.00. Following the completion of the sale, the chief executive officer owned 752,446 shares of the company’s stock, valued at $22,588,428.92. This trade represents a 1.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.96% of the company’s stock.
Institutional Investors Weigh In On Teradata
A number of large investors have recently made changes to their positions in the stock. Bank of America Corp DE raised its position in Teradata by 21.7% during the 1st quarter. Bank of America Corp DE now owns 1,320,653 shares of the technology company’s stock worth $33,848,000 after buying an additional 235,116 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in shares of Teradata by 8.7% in the 1st quarter. Lazard Asset Management LLC now owns 763,402 shares of the technology company’s stock valued at $19,566,000 after acquiring an additional 61,296 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Teradata in the 2nd quarter valued at $2,500,000. Ieq Capital LLC purchased a new stake in shares of Teradata in the 2nd quarter valued at $1,798,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of Teradata in the second quarter worth $1,605,000. 90.31% of the stock is owned by hedge funds and other institutional investors.
About Teradata
Teradata Corporation (NYSE: TDC) is a data and analytics technology company that helps organizations collect, manage, analyze and govern large volumes of enterprise data. Its offerings are designed to support business intelligence, advanced analytics, artificial intelligence and machine learning across complex data environments.
The company’s portfolio includes Teradata VantageCloud, a cloud analytics platform available through public-cloud and hybrid deployment models, as well as ClearScape Analytics, which provides tools for developing and deploying advanced analytics and AI workloads.
Featured Stories
- Five stocks we like better than Teradata
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Teradata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradata and related companies with MarketBeat.com's FREE daily email newsletter.
