Analysts Anticipate Teradata Co. (TDC) Will Announce Quarterly Sales of $487.03 Million

Brokerages forecast that Teradata Co. (NYSE:TDC) will announce $487.03 million in sales for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Teradata’s earnings. The lowest sales estimate is $475.40 million and the highest is $503.00 million. Teradata reported sales of $506.00 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 3.7%. The company is expected to issue its next quarterly earnings report after the market closes on Thursday, May 2nd.

According to Zacks, analysts expect that Teradata will report full year sales of $2.02 billion for the current year, with estimates ranging from $2.00 billion to $2.04 billion. For the next fiscal year, analysts anticipate that the company will post sales of $2.08 billion, with estimates ranging from $2.05 billion to $2.14 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that cover Teradata.

Teradata (NYSE:TDC) last issued its earnings results on Thursday, February 7th. The technology company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.44 by $0.05. The company had revenue of $588.00 million during the quarter, compared to analyst estimates of $565.94 million. Teradata had a return on equity of 18.18% and a net margin of 1.39%. The business’s revenue was down 6.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.58 EPS.

Several research analysts have recently commented on the company. ValuEngine upgraded Teradata from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 28th. Citigroup lowered Teradata from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $42.00 to $36.00 in a research report on Wednesday, March 20th. TheStreet upgraded Teradata from a “c+” rating to a “b-” rating in a research report on Friday, February 8th. Zacks Investment Research lowered Teradata from a “buy” rating to a “sell” rating in a research report on Tuesday, February 12th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $45.00 target price (up previously from $40.00) on shares of Teradata in a research report on Friday, February 8th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $46.78.

In related news, Director James M. Ringler sold 10,710 shares of the business’s stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $46.34, for a total transaction of $496,301.40. Following the completion of the transaction, the director now owns 57,180 shares in the company, valued at approximately $2,649,721.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lisa R. Bacus sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $48.04, for a total value of $576,480.00. Following the transaction, the director now owns 22,486 shares of the company’s stock, valued at approximately $1,080,227.44. The disclosure for this sale can be found here. Insiders own 1.12% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Macquarie Group Ltd. acquired a new position in Teradata during the 4th quarter worth $32,000. Mondrian Capital Management LLC acquired a new position in Teradata during the 4th quarter worth $38,000. Penserra Capital Management LLC boosted its position in Teradata by 21.7% during the 4th quarter. Penserra Capital Management LLC now owns 1,215 shares of the technology company’s stock worth $46,000 after acquiring an additional 217 shares during the period. Oregon Public Employees Retirement Fund boosted its position in Teradata by 3,695.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,813,738 shares of the technology company’s stock worth $47,000 after acquiring an additional 1,765,956 shares during the period. Finally, Cerebellum GP LLC acquired a new position in Teradata during the 4th quarter worth $77,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Shares of TDC opened at $44.31 on Wednesday. The company has a market capitalization of $5.18 billion, a PE ratio of 50.35, a PEG ratio of 2.18 and a beta of 0.97. The company has a quick ratio of 1.39, a current ratio of 1.42 and a debt-to-equity ratio of 0.97. Teradata has a 52 week low of $34.06 and a 52 week high of $49.42.

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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