Teradata (NYSE:TDC) Upgraded at StockNews.com

StockNews.com upgraded shares of Teradata (NYSE:TDC) from a buy rating to a strong-buy rating in a research report report published on Thursday morning.

TDC has been the topic of a number of other reports. Guggenheim dropped their price target on shares of Teradata from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Royal Bank of Canada dropped their price target on shares of Teradata from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 12th. Evercore ISI dropped their price target on shares of Teradata from $37.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. Barclays lowered their target price on shares of Teradata from $30.00 to $25.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 12th. Finally, JMP Securities reiterated a “market perform” rating on shares of Teradata in a research note on Thursday, February 13th. Three research analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $34.40.

Teradata Stock Performance

Shares of Teradata stock opened at $22.69 on Thursday. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 19.39, a P/E/G ratio of 6.23 and a beta of 0.75. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 3.65. Teradata has a twelve month low of $21.80 and a twelve month high of $39.70. The company’s fifty day moving average is $27.82 and its 200 day moving average is $29.61.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Teradata had a net margin of 6.51% and a return on equity of 149.16%. Sell-side analysts forecast that Teradata will post 1.31 EPS for the current year.

Institutional Investors Weigh In On Teradata

Large investors have recently added to or reduced their stakes in the stock. Crossmark Global Holdings Inc. raised its holdings in Teradata by 4.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,228 shares of the technology company’s stock valued at $219,000 after buying an additional 315 shares during the period. Venturi Wealth Management LLC raised its holdings in Teradata by 20.9% during the 4th quarter. Venturi Wealth Management LLC now owns 2,109 shares of the technology company’s stock valued at $66,000 after buying an additional 365 shares during the period. Tealwood Asset Management Inc. raised its holdings in Teradata by 0.9% during the 4th quarter. Tealwood Asset Management Inc. now owns 40,652 shares of the technology company’s stock valued at $1,266,000 after buying an additional 368 shares during the period. Xponance Inc. raised its holdings in Teradata by 2.3% during the 4th quarter. Xponance Inc. now owns 19,074 shares of the technology company’s stock valued at $594,000 after buying an additional 428 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Teradata by 3.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,596 shares of the technology company’s stock valued at $361,000 after buying an additional 431 shares during the period. 90.31% of the stock is owned by institutional investors.

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.