Teradata Corporation (NYSE:TDC) issued an update on its FY17 earnings guidance on Thursday morning. The company provided EPS guidance of $1.22-1.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.27. The company issued revenue guidance of $2.095-2.14 billion, compared to the consensus revenue estimate of $2.10 billion.
Shares of Teradata Corporation (NYSE:TDC) traded down 0.91% during trading on Tuesday, reaching $31.57. The company had a trading volume of 1,242,187 shares. Teradata Corporation has a 52-week low of $26.27 and a 52-week high of $33.32. The company has a market capitalization of $4.04 billion, a P/E ratio of 41.16 and a beta of 1.28. The firm has a 50-day moving average price of $29.46 and a 200-day moving average price of $29.82.
Teradata Corporation (NYSE:TDC) last issued its earnings results on Thursday, July 27th. The technology company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The company had revenue of $513 million during the quarter, compared to analyst estimates of $519.79 million. Teradata Corporation had a return on equity of 21.12% and a net margin of 4.63%. The business’s revenue was down 14.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.71 EPS. On average, analysts predict that Teradata Corporation will post $1.24 EPS for the current fiscal year.
Several research analysts have recently commented on the company. BTIG Research assumed coverage on Teradata Corporation in a research report on Monday, April 17th. They issued a neutral rating for the company. BMO Capital Markets reaffirmed a hold rating and set a $30.00 target price on shares of Teradata Corporation in a research note on Sunday, July 16th. BidaskClub downgraded Teradata Corporation from a buy rating to a hold rating in a research note on Saturday, July 8th. Sanford C. Bernstein initiated coverage on Teradata Corporation in a report on Wednesday, May 24th. They issued an underperform rating and a $25.00 target price on the stock. Finally, UBS AG restated a sell rating and issued a $22.00 target price (down from $24.00) on shares of Teradata Corporation in a report on Friday, June 16th. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of $28.50.
In other news, CFO Stephen Mark Scheppmann sold 47,065 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $31.83, for a total value of $1,498,078.95. Following the sale, the chief financial officer now directly owns 143,689 shares in the company, valued at approximately $4,573,620.87. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Victor L. Lund purchased 31,270 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were acquired at an average price of $31.95 per share, for a total transaction of $999,076.50. Following the completion of the transaction, the insider now owns 111,447 shares in the company, valued at $3,560,731.65. The disclosure for this purchase can be found here. 1.73% of the stock is owned by insiders.
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Teradata Corporation Company Profile
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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