Teradata (TDC) Earns Daily Coverage Optimism Score of 0.11
News headlines about Teradata (NYSE:TDC) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. 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 daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.7254889497272 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern’s scoring:
- Charming Facts By on Volume Level: Teradata Corporation (TDC) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Teradata Corporation (TDC) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- Teradata Corporation (TDC) -Hot Watch to Target – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Technical Facts that Every Trader Should Know about Teradata Corporation (TDC) – Wall Street Morning (wallstreetmorning.com)
- Teradata Partners with Starburst, a New Company Focused on Continuing the Success of the Presto Open Source Project (finance.yahoo.com)
TDC has been the subject of several recent analyst reports. Summit Redstone raised Teradata from a “hold” rating to a “buy” rating in a research report on Monday, November 13th. Needham & Company LLC initiated coverage on Teradata in a research report on Monday, September 11th. They issued a “hold” rating for the company. Deutsche Bank raised their target price on Teradata 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 issued a $30.00 target price on shares of Teradata in a research report on Wednesday, October 18th. Finally, BMO Capital Markets raised their target price on Teradata from $32.00 to $40.00 and gave the stock a “market perform” rating in a research report on Friday, November 3rd. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. Teradata presently has an average rating of “Hold” and a consensus target price of $31.75.
Teradata (NYSE:TDC) last announced 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. Teradata had a return on equity of 16.47% and a net margin of 3.01%. The business had revenue of $526.00 million during the quarter, compared to analyst estimates of $511.23 million. During the same period last year, the company earned $0.69 earnings per share. Teradata’s quarterly revenue was down 4.7% compared to the same quarter last year. sell-side analysts anticipate that Teradata will post 0.91 earnings per share for the current fiscal year.
In other news, CFO Mark Culhane acquired 4,500 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was acquired at an average cost of $37.66 per share, for a total transaction of $169,470.00. Following the completion of the acquisition, the chief financial officer now owns 29,924 shares in the company, valued at $1,126,937.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.73% of the stock is currently owned by company insiders.
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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.
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