Teradata (TDC) Set to Announce Earnings on Monday

Teradata (NYSE:TDC) is set to release its earnings data after the market closes on Monday, November 4th. Analysts expect Teradata to post earnings of $0.56 per share for the quarter. Teradata has set its Q3 guidance at $0.54-0.58 EPS and its FY24 guidance at $2.20-2.26 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Teradata (NYSE:TDC) last announced its earnings results on Monday, August 5th. The technology company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.16. Teradata had a return on equity of 114.57% and a net margin of 3.45%. The firm had revenue of $436.00 million for the quarter, compared to analyst estimates of $447.30 million. During the same quarter last year, the firm posted $0.20 EPS. The business’s revenue was down 5.6% on a year-over-year basis. On average, analysts expect Teradata to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Teradata Price Performance

Teradata stock opened at $33.23 on Friday. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.72 and a current ratio of 0.75. The company’s fifty day moving average price is $29.96 and its 200 day moving average price is $31.78. The stock has a market capitalization of $3.19 billion, a P/E ratio of 52.75, a P/E/G ratio of 3.01 and a beta of 0.80. Teradata has a 1 year low of $24.02 and a 1 year high of $49.44.

Analyst Ratings Changes

A number of research firms have recently commented on TDC. UBS Group began coverage on shares of Teradata in a research note on Friday, July 19th. They set a “sell” rating and a $32.00 target price for the company. Royal Bank of Canada reduced their target price on Teradata from $40.00 to $32.00 and set a “sector perform” rating for the company in a report on Tuesday, August 6th. Morgan Stanley decreased their target price on Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 6th. StockNews.com upgraded Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Finally, Evercore ISI raised their price objective on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $40.64.

Insider Buying and Selling at Teradata

In other news, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now owns 96,783 shares in the company, valued at $2,758,315.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Hillary Ashton sold 14,962 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the completion of the transaction, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total value of $156,750.00. Following the completion of the sale, the insider now owns 96,783 shares in the company, valued at $2,758,315.50. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is owned by company insiders.

Teradata Company Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.