Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Teradata (TDC) Share Price
Media coverage about Teradata (NYSE:TDC) has trended somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Teradata earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.8062403291397 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- Teradata (TDC) Upgraded to “Buy” by Summit Redstone (americanbankingnews.com)
- Steady as She Goes: Valuation Update on Teradata Corporation (NYSE:TDC) as EV Reaches 5382080 – Clawson News (clawsonnews.com)
- Liberty Mutual Group Asset Management Has Lifted Position in Teradata Del (TDC) by $888228 as Share Value … – Hill Country Times (hillcountrytimes.com)
- Teradata Corporation (TDC)- Well recognized Tech Stock of Market – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Teradata Co. (TDC) Expected to Announce Quarterly Sales of $610.45 Million (americanbankingnews.com)
A number of equities analysts have recently weighed in on TDC shares. BMO Capital Markets boosted their target price on Teradata from $32.00 to $40.00 and gave the stock a “market perform” rating in a research note on Friday, November 3rd. Sanford C. Bernstein reiterated an “underperform” rating and issued a $27.00 price objective on shares of Teradata in a research note on Monday, September 11th. UBS Group upped their price objective on Teradata from $24.00 to $30.00 and gave the company a “sell” rating in a research note on Thursday, November 9th. Morgan Stanley upped their price objective on Teradata from $29.00 to $31.00 and gave the company an “underweight” rating in a research note on Friday, November 3rd. Finally, Mizuho upped their price objective on Teradata from $26.00 to $32.00 and gave the company an “underperform” rating in a research note on Thursday, November 2nd. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $31.75.
Teradata (NYSE TDC) traded down $0.02 during trading on Friday, reaching $38.46. The company had a trading volume of 600,843 shares, compared to its average volume of 1,266,528. Teradata has a fifty-two week low of $27.05 and a fifty-two week high of $39.33. The company has a current ratio of 1.61, a quick ratio of 1.56 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $4,653.66, a P/E ratio of 78.49, a price-to-earnings-growth ratio of 14.15 and a beta of 1.26.
Teradata (NYSE:TDC) last posted its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.12 by $0.17. Teradata had a return on equity of 16.47% and a net margin of 3.01%. The business had revenue of $526.00 million for the quarter, compared to the consensus estimate of $511.23 million. During the same quarter in the prior year, the business earned $0.69 earnings per share. Teradata’s revenue for the quarter was down 4.7% on a year-over-year basis. equities analysts anticipate that Teradata will post 0.91 earnings per share for the current year.
In other Teradata news, CFO Mark Culhane bought 4,500 shares of the stock in a transaction on Friday, December 1st. The shares were acquired at an average price of $37.66 per share, with a total value of $169,470.00. Following the acquisition, the chief financial officer now directly owns 29,924 shares of the company’s stock, valued at approximately $1,126,937.84. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 1.73% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This piece was reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another publication, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.watchlistnews.com/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-teradata-tdc-share-price/1789976.html.
Teradata Company Profile
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.
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.