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

Teradata (NYSE:TDC) posted its quarterly earnings data on Monday. The technology company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.13, Briefing.com reports. The firm had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 160.68%. The business’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the company posted $0.14 EPS.

Teradata Stock Performance

Shares of TDC traded down $0.32 during mid-day trading on Thursday, hitting $29.01. 115,595 shares of the company traded hands, compared to its average volume of 941,775. 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 stock has a 50-day moving average price of $30.10 and a two-hundred day moving average price of $31.62. Teradata has a 1 year low of $24.02 and a 1 year high of $49.44. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 34.92, a P/E/G ratio of 3.10 and a beta of 0.80.

Insider Activity

In other news, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider now directly 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 the SEC website. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction that occurred on 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 transaction, the insider now directly owns 96,783 shares in the company, valued at $2,758,315.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Hillary Ashton sold 14,962 shares of the company’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 transaction of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

TDC has been the topic of a number of analyst reports. TD Cowen decreased their price objective on shares of Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a research report on Tuesday, August 6th. Morgan Stanley decreased their price objective on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 6th. JMP Securities lowered shares of Teradata from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 6th. Barclays cut their target price on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a research note on Tuesday. Finally, UBS Group lifted 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 research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $39.91.

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.