Teradata Co. (TDC) Expected to Announce Quarterly Sales of $523.99 Million

Brokerages expect that Teradata Co. (NYSE:TDC) will report $523.99 million in sales for the current quarter, Zacks Investment Research reports. Five analysts have provided estimates for Teradata’s earnings, with the lowest sales estimate coming in at $521.50 million and the highest estimate coming in at $525.00 million. Teradata reported sales of $513.00 million during the same quarter last year, which would indicate a positive year over year growth rate of 2.1%. The business is expected to announce its next earnings report on Thursday, July 26th.

According to Zacks, analysts expect that Teradata will report full-year sales of $2.18 billion for the current year, with estimates ranging from $2.17 billion to $2.19 billion. For the next financial year, analysts anticipate that the firm will report sales of $2.24 billion per share, with estimates ranging from $2.19 billion to $2.33 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover Teradata.

Teradata (NYSE:TDC) last announced its earnings results on Thursday, May 3rd. The technology company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.03. The firm had revenue of $506.00 million for the quarter, compared to analysts’ expectations of $495.95 million. Teradata had a positive return on equity of 14.76% and a negative net margin of 3.32%. During the same quarter in the prior year, the firm earned $0.28 EPS. Teradata’s quarterly revenue was up 3.1% on a year-over-year basis.



Several equities research analysts have recently issued reports on TDC shares. Stifel Nicolaus upgraded Teradata from a “hold” rating to a “buy” rating and raised their price objective for the stock from $45.00 to $49.00 in a report on Wednesday, May 16th. They noted that the move was a valuation call. Sanford C. Bernstein upgraded Teradata from an “underperform” rating to a “market perform” rating in a report on Monday, March 5th. ValuEngine upgraded Teradata from a “hold” rating to a “buy” rating in a report on Friday, March 2nd. Wells Fargo & Co raised their price objective on Teradata from $30.00 to $35.00 and gave the stock an “underperform” rating in a report on Thursday, May 10th. Finally, BMO Capital Markets decreased their price objective on Teradata from $42.00 to $40.00 and set a “market perform” rating on the stock in a report on Friday, May 4th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $36.64.

TDC stock opened at $42.25 on Friday. Teradata has a 52-week low of $27.72 and a 52-week high of $42.84. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.63 and a current ratio of 1.68. The firm has a market cap of $4.97 billion, a PE ratio of 52.16, a price-to-earnings-growth ratio of 14.15 and a beta of 1.17.

Institutional investors and hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN raised its position in shares of Teradata by 22.4% in the 4th quarter. Wells Fargo & Company MN now owns 265,229 shares of the technology company’s stock worth $10,200,000 after buying an additional 48,463 shares during the period. Ontario Teachers Pension Plan Board purchased a new position in shares of Teradata in the 4th quarter worth $249,000. BlackRock Inc. raised its position in shares of Teradata by 1.1% in the 4th quarter. BlackRock Inc. now owns 10,925,922 shares of the technology company’s stock worth $420,211,000 after buying an additional 118,571 shares during the period. Oppenheimer & Co. Inc. purchased a new position in shares of Teradata in the 4th quarter worth $207,000. Finally, WINTON GROUP Ltd purchased a new position in shares of Teradata in the 4th quarter worth $6,199,000. 97.90% of the stock is currently owned by institutional investors and hedge funds.

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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