Teradata (NYSE:TDC) Issues Q1 2021 Earnings Guidance


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Teradata (NYSE:TDC) issued an update on its first quarter 2021 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.670-0.690 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.380. The company issued revenue guidance of -.

TDC stock traded down $1.54 during mid-day trading on Tuesday, reaching $47.63. The company had a trading volume of 26,190 shares, compared to its average volume of 2,478,584. The stock’s 50-day simple moving average is $42.75 and its two-hundred day simple moving average is $31.62. The stock has a market capitalization of $5.24 billion, a P/E ratio of 53.66, a P/E/G ratio of 1.98 and a beta of 1.18. Teradata has a one year low of $17.99 and a one year high of $59.58. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 1.28.

Teradata (NYSE:TDC) last released its earnings results on Wednesday, February 3rd. The technology company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.13. The firm had revenue of $491.00 million for the quarter, compared to analyst estimates of $479.45 million. Teradata had a return on equity of 15.12% and a net margin of 5.49%. On average, research analysts forecast that Teradata will post 0.43 EPS for the current fiscal year.

Several brokerages have recently commented on TDC. Morgan Stanley boosted their target price on shares of Teradata from $44.00 to $45.00 and gave the company an equal weight rating in a research note on Wednesday, April 14th. Citigroup boosted their target price on Teradata from $32.00 to $36.00 in a research report on Friday, February 5th. Summit Insights restated a buy rating on shares of Teradata in a research report on Wednesday, April 28th. JMP Securities upgraded Teradata from a market perform rating to an outperform rating and set a $70.00 target price for the company in a research report on Monday, February 8th. Finally, Bank of America upgraded Teradata from a neutral rating to a buy rating and set a $55.00 target price for the company in a research report on Friday, February 5th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. Teradata has a consensus rating of Hold and an average price target of $37.27.

In other Teradata news, CEO Stephen Mcmillan sold 9,269 shares of Teradata stock in a transaction dated Monday, March 1st. The stock was sold at an average price of $42.09, for a total transaction of $390,132.21. Following the transaction, the chief executive officer now directly owns 299,659 shares of the company’s stock, valued at approximately $12,612,647.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David E. Kepler sold 42,800 shares of Teradata stock in a transaction dated Thursday, February 11th. The stock was sold at an average price of $46.76, for a total value of $2,001,328.00. Following the transaction, the director now directly owns 58,806 shares in the company, valued at $2,749,768.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 85,109 shares of company stock worth $3,826,542. Company insiders own 1.31% of the company’s stock.

Teradata Company Profile

Teradata Corporation, together with its subsidiaries, operates as a hybrid cloud analytics software provider. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in company's analytical ecosystem. The company offers Teradata Vantage, a data warehouse and analytics platform.

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