Teradata Co. (TDC) Receives Average Rating of “Hold” from Brokerages
Shares of Teradata Co. (NYSE:TDC) have been assigned a consensus recommendation of “Hold” from the fifteen ratings firms that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $32.88.
TDC has been the topic of several research reports. Zacks Investment Research lowered Teradata from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Mizuho restated an “underperform” rating and set a $32.00 price target (up from $26.00) on shares of Teradata in a research note on Wednesday, November 1st. UBS Group boosted their price target 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 boosted their price target on Teradata from $29.00 to $31.00 and gave the company an “underweight” rating in a research note on Friday, November 3rd. Finally, Summit Redstone upgraded Teradata from a “hold” rating to a “buy” rating in a research note on Monday, November 13th.
Shares of Teradata (NYSE:TDC) traded up $0.31 on Friday, reaching $40.06. The company had a trading volume of 1,356,329 shares, compared to its average volume of 1,125,423. Teradata has a 1 year low of $27.05 and a 1 year high of $42.74. The company has a quick ratio of 1.56, a current ratio of 1.61 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $4,881.14, a price-to-earnings ratio of 81.76, a price-to-earnings-growth ratio of 13.45 and a beta of 1.24.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fairpointe Capital LLC boosted its holdings in shares of Teradata by 0.4% in the 2nd quarter. Fairpointe Capital LLC now owns 5,781,875 shares of the technology company’s stock worth $170,508,000 after acquiring an additional 25,599 shares in the last quarter. Alyeska Investment Group L.P. boosted its holdings in shares of Teradata by 259.2% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,764,202 shares of the technology company’s stock worth $93,402,000 after acquiring an additional 1,994,620 shares in the last quarter. Jupiter Asset Management Ltd. boosted its holdings in shares of Teradata by 7.6% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 2,392,621 shares of the technology company’s stock worth $80,847,000 after acquiring an additional 169,000 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Teradata by 21.7% in the 3rd quarter. First Trust Advisors LP now owns 1,937,706 shares of the technology company’s stock worth $65,475,000 after acquiring an additional 345,746 shares in the last quarter. Finally, APG Asset Management N.V. boosted its holdings in shares of Teradata by 36.8% in the 4th quarter. APG Asset Management N.V. now owns 1,313,700 shares of the technology company’s stock worth $42,076,000 after acquiring an additional 353,300 shares in the last quarter. 97.94% of the stock is currently owned by institutional investors.
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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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