Teradata (NYSE:TDC) Price Target Lowered to $25.00 at Barclays

Teradata (NYSE:TDC) had its price objective decreased by Barclays from $30.00 to $25.00 in a research note issued to investors on Wednesday morning,Benzinga reports. Barclays currently has an underweight rating on the technology company’s stock.

Several other equities analysts have also commented on the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a $32.00 price target on shares of Teradata in a research note on Tuesday, November 5th. Evercore ISI upped their target price on shares of Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Northland Securities decreased their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Finally, UBS Group boosted their price target on Teradata from $24.00 to $26.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $34.40.

Teradata Stock Down 20.3 %

Shares of TDC stock opened at $24.61 on Wednesday. The stock’s fifty day moving average price is $31.53 and its 200 day moving average price is $30.31. The company has a market cap of $2.36 billion, a price-to-earnings ratio of 29.30, a price-to-earnings-growth ratio of 3.19 and a beta of 0.78. Teradata has a 1-year low of $22.73 and a 1-year high of $39.70. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79.

Teradata (NYSE:TDC) last released its earnings results on Tuesday, February 11th. The technology company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). Teradata had a return on equity of 145.40% and a net margin of 4.56%. On average, research analysts expect that Teradata will post 1.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Teradata

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Algert Global LLC increased its position in Teradata by 46.3% in the 3rd quarter. Algert Global LLC now owns 113,106 shares of the technology company’s stock worth $3,432,000 after buying an additional 35,800 shares during the period. Pacer Advisors Inc. increased its stake in Teradata by 21.7% in the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company’s stock valued at $62,843,000 after acquiring an additional 369,123 shares during the period. UNICOM Systems Inc. bought a new position in shares of Teradata during the 4th quarter worth approximately $3,162,000. John G Ullman & Associates Inc. boosted its stake in shares of Teradata by 46.8% in the 3rd quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company’s stock valued at $4,395,000 after purchasing an additional 46,200 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in Teradata by 828.5% during the third quarter. Assenagon Asset Management S.A. now owns 444,450 shares of the technology company’s stock worth $13,485,000 after buying an additional 396,584 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

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.