Teradata Co. (TDC) Expected to Post Quarterly Sales of $563.86 Million

Equities research analysts forecast that Teradata Co. (NYSE:TDC) will report sales of $563.86 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Teradata’s earnings, with the lowest sales estimate coming in at $560.00 million and the highest estimate coming in at $572.00 million. Teradata posted sales of $626.00 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 9.9%. The business is expected to report its next earnings report on Thursday, February 14th.

On average, analysts expect that Teradata will report full year sales of $2.14 billion for the current year, with estimates ranging from $2.14 billion to $2.15 billion. For the next financial year, analysts expect that the company will report sales of $2.16 billion, with estimates ranging from $2.12 billion to $2.19 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow Teradata.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Thursday, November 1st. The technology company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.05. Teradata had a positive return on equity of 18.61% and a negative net margin of 2.68%. The company had revenue of $526.00 million for the quarter, compared to the consensus estimate of $534.95 million. During the same quarter in the previous year, the business earned $0.29 EPS. Teradata’s revenue was up .0% compared to the same quarter last year.

A number of research analysts recently issued reports on TDC shares. Standpoint Research downgraded Teradata from a “buy” rating to a “hold” rating and set a $58.00 price target on the stock. in a report on Tuesday, July 24th. Stifel Nicolaus boosted their price target on Teradata from $49.00 to $53.00 and gave the company a “buy” rating in a report on Friday, August 3rd. Barclays boosted their price target on Teradata from $31.00 to $34.00 and gave the company an “underweight” rating in a report on Friday, September 7th. Finally, Zacks Investment Research downgraded Teradata from a “hold” rating to a “sell” rating in a report on Tuesday, August 7th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. Teradata has a consensus rating of “Hold” and a consensus price target of $42.20.

In other news, CFO Mark Culhane acquired 6,900 shares of the business’s stock in a transaction on Monday, November 5th. The shares were acquired at an average cost of $35.11 per share, with a total value of $242,259.00. Following the transaction, the chief financial officer now owns 36,824 shares in the company, valued at approximately $1,292,890.64. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel L. Harrington sold 13,000 shares of Teradata stock in a transaction that occurred on Monday, August 13th. The shares were sold at an average price of $40.35, for a total value of $524,550.00. Following the sale, the executive vice president now directly owns 92,995 shares in the company, valued at $3,752,348.25. The disclosure for this sale can be found here. Insiders own 1.22% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. DekaBank Deutsche Girozentrale boosted its position in shares of Teradata by 4.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 30,228 shares of the technology company’s stock worth $1,255,000 after purchasing an additional 1,358 shares in the last quarter. FMR LLC boosted its position in shares of Teradata by 20.4% in the 3rd quarter. FMR LLC now owns 17,733 shares of the technology company’s stock worth $669,000 after purchasing an additional 3,005 shares in the last quarter. Janus Henderson Group PLC bought a new stake in shares of Teradata in the 3rd quarter worth approximately $848,000. Heartland Advisors Inc. bought a new stake in shares of Teradata in the 3rd quarter worth approximately $313,000. Finally, Chartwell Investment Partners LLC boosted its position in shares of Teradata by 33.0% in the 3rd quarter. Chartwell Investment Partners LLC now owns 128,237 shares of the technology company’s stock worth $4,836,000 after purchasing an additional 31,798 shares in the last quarter. 99.41% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:TDC traded down $0.50 during mid-day trading on Wednesday, reaching $37.66. 595,899 shares of the company’s stock traded hands, compared to its average volume of 1,305,155. Teradata has a 12-month low of $33.63 and a 12-month high of $44.27. The company has a market cap of $4.55 billion, a PE ratio of 46.49, a P/E/G ratio of 4.44 and a beta of 1.16. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.71.

Teradata Company Profile

Teradata Corporation provides analytic data solutions and related services worldwide. The company operates through Americas Data and Analytics, and International Data and Analytics segments. Its analytic data solutions comprise software, hardware, and related business consulting and support services.

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