Mizuho reaffirmed their underperform rating on shares of Teradata Corporation (NYSE:TDC) in a report issued on Wednesday morning. They currently have a $32.00 price objective on the technology company’s stock, up from their previous price objective of $26.00.

TDC has been the subject of several other reports. Sanford C. Bernstein reaffirmed an underperform rating and set a $27.00 price objective on shares of Teradata Corporation in a research report on Monday, September 11th. BidaskClub cut shares of Teradata Corporation from a buy rating to a hold rating in a research report on Saturday, July 8th. Deutsche Bank AG lifted their price objective on shares of Teradata Corporation from $30.00 to $32.00 and gave the stock a hold rating in a research report on Tuesday, October 24th. Royal Bank Of Canada reaffirmed a hold rating and set a $30.00 price objective on shares of Teradata Corporation in a research report on Wednesday, October 18th. Finally, BMO Capital Markets lifted their price objective on shares of Teradata Corporation from $30.00 to $32.00 and gave the stock a market perform rating in a research report on Friday, July 28th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of $30.70.

Teradata Corporation (NYSE TDC) opened at $36.09 on Wednesday. The company has a market capitalization of $4,850.71, a P/E ratio of 33.09, a price-to-earnings-growth ratio of 7.74 and a beta of 1.23. The company has a current ratio of 1.61, a quick ratio of 1.90 and a debt-to-equity ratio of 0.69.

Teradata Corporation (NYSE:TDC) last released its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.17. The business had revenue of $526.00 million during the quarter, compared to analysts’ expectations of $511.23 million. Teradata Corporation had a net margin of 3.01% and a return on equity of 16.47%. The company’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.69 EPS. research analysts forecast that Teradata Corporation will post 0.9 earnings per share for the current fiscal year.

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A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its position in Teradata Corporation by 6.0% in the second quarter. Bank of New York Mellon Corp now owns 12,436,915 shares of the technology company’s stock valued at $366,764,000 after acquiring an additional 705,690 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Teradata Corporation by 42.6% in the second quarter. BlackRock Inc. now owns 11,126,276 shares of the technology company’s stock valued at $328,115,000 after buying an additional 3,324,754 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Teradata Corporation by 24.1% in the second quarter. Ameriprise Financial Inc. now owns 6,293,085 shares of the technology company’s stock valued at $185,598,000 after buying an additional 1,221,193 shares during the last quarter. Fairpointe Capital LLC raised its holdings in shares of Teradata Corporation by 0.4% in the second quarter. Fairpointe Capital LLC now owns 5,781,875 shares of the technology company’s stock valued at $170,508,000 after buying an additional 25,599 shares during the last quarter. Finally, State Street Corp raised its holdings in shares of Teradata Corporation by 1.6% in the first quarter. State Street Corp now owns 4,577,911 shares of the technology company’s stock valued at $142,462,000 after buying an additional 71,155 shares during the last quarter.

About Teradata Corporation

Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.

Analyst Recommendations for Teradata Corporation (NYSE:TDC)

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