Zacks: Brokerages Expect Teradata Co. (TDC) to Post $0.45 EPS

Wall Street brokerages expect Teradata Co. (NYSE:TDC) to announce earnings of $0.45 per share for the current quarter, Zacks reports. Five analysts have made estimates for Teradata’s earnings. The highest EPS estimate is $0.48 and the lowest is $0.43. Teradata reported earnings of $0.58 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 22.4%. The business is scheduled to report its next quarterly earnings report on Thursday, February 14th.

According to Zacks, analysts expect that Teradata will report full year earnings of $1.24 per share for the current year, with EPS estimates ranging from $1.22 to $1.29. For the next financial year, analysts forecast that the company will post earnings of $1.59 per share, with EPS estimates ranging from $1.42 to $1.86. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover Teradata.

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

Several research firms have commented on TDC. Barclays increased their target price on shares of Teradata from $31.00 to $34.00 and gave the stock an “underweight” rating in a research report on Friday, September 7th. Zacks Investment Research downgraded Teradata from a “hold” rating to a “sell” rating in a research report on Tuesday, August 7th. Stifel Nicolaus raised their price target on Teradata from $49.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, August 3rd. Finally, Standpoint Research downgraded Teradata from a “buy” rating to a “hold” rating and set a $58.00 price target on the stock. in a research report on Tuesday, July 24th. Four analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. Teradata presently has a consensus rating of “Hold” and an average target price of $41.09.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP lifted its stake in Teradata by 18.7% during the third quarter. First Trust Advisors LP now owns 2,218,320 shares of the technology company’s stock worth $83,653,000 after purchasing an additional 349,349 shares during the period. OppenheimerFunds Inc. lifted its stake in Teradata by 1.2% during the second quarter. OppenheimerFunds Inc. now owns 1,294,627 shares of the technology company’s stock worth $51,980,000 after purchasing an additional 14,866 shares during the period. American Century Companies Inc. lifted its stake in Teradata by 31.4% during the third quarter. American Century Companies Inc. now owns 1,124,363 shares of the technology company’s stock worth $42,400,000 after purchasing an additional 268,635 shares during the period. Ardevora Asset Management LLP lifted its stake in Teradata by 8.1% during the third quarter. Ardevora Asset Management LLP now owns 947,141 shares of the technology company’s stock worth $35,717,000 after purchasing an additional 71,300 shares during the period. Finally, Canada Pension Plan Investment Board lifted its stake in Teradata by 7.0% during the second quarter. Canada Pension Plan Investment Board now owns 855,567 shares of the technology company’s stock worth $34,351,000 after purchasing an additional 55,600 shares during the period. Institutional investors and hedge funds own 99.41% of the company’s stock.

Teradata stock traded down $0.38 during mid-day trading on Monday, hitting $38.12. 42,946 shares of the company’s stock were exchanged, compared to its average volume of 1,300,070. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.77 and a quick ratio of 1.71. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 46.95, a PEG ratio of 4.21 and a beta of 1.16. Teradata has a 1-year low of $33.63 and a 1-year high of $44.27.

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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