Teradata (NYSE:TDC) Posts Quarterly Earnings Results, Beats Expectations By $0.13 EPS

Teradata (NYSE:TDC) released its quarterly earnings results on Monday. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13, Briefing.com reports. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The firm had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. During the same period in the previous year, the company earned $0.14 EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year.

Teradata Price Performance

Teradata stock traded down $4.84 during trading on Tuesday, reaching $28.54. The company had a trading volume of 1,696,883 shares, compared to its average volume of 937,457. 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 firm’s 50-day simple moving average is $30.06 and its 200 day simple moving average is $31.69. The firm has a market capitalization of $2.74 billion, a PE ratio of 46.16, a price-to-earnings-growth ratio of 3.08 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

TDC has been the topic of a number of analyst reports. TD Cowen cut their target price on Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research note on Tuesday, August 6th. Morgan Stanley reduced their target price on Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 6th. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 6th. Royal Bank of Canada reiterated a “sector perform” rating and set a $32.00 price objective on shares of Teradata in a report on Tuesday. Finally, UBS Group raised their target price on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research note on Tuesday. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Teradata currently has an average rating of “Hold” and a consensus price target of $39.91.

Insider Buying and Selling at Teradata

In other news, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction of $411,903.86. Following the completion of the sale, the insider now owns 121,382 shares of the company’s stock, valued at $3,341,646.46. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the stock in a transaction dated 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 approximately $2,758,315.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the business’s 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 transaction, the insider now 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 disclosure for this sale can be found here. Insiders own 0.86% of the company’s stock.

About Teradata

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.