Brokerages Anticipate Teradata Co. (NYSE:TDC) to Post $0.40 EPS

Analysts forecast that Teradata Co. (NYSE:TDC) will post earnings per share (EPS) of $0.40 for the current quarter, Zacks reports. Five analysts have made estimates for Teradata’s earnings. The lowest EPS estimate is $0.40 and the highest is $0.41. Teradata posted earnings per share of $0.36 during the same quarter last year, which would indicate a positive year over year growth rate of 11.1%. The company is scheduled to announce its next quarterly earnings report on Thursday, November 7th.

On average, analysts expect that Teradata will report full-year earnings of $1.48 per share for the current financial year, with EPS estimates ranging from $1.45 to $1.53. For the next financial year, analysts forecast that the business will report earnings of $2.01 per share, with EPS estimates ranging from $1.80 to $2.27. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Teradata.

Teradata (NYSE:TDC) last issued its earnings results on Thursday, August 1st. The technology company reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.12. Teradata had a net margin of 1.07% and a return on equity of 23.03%. The business had revenue of $478.00 million for the quarter, compared to the consensus estimate of $485.17 million. During the same period in the prior year, the firm earned $0.26 EPS. The company’s revenue for the quarter was down 12.1% compared to the same quarter last year.

A number of analysts have recently weighed in on TDC shares. Royal Bank of Canada cut their price objective on shares of Teradata to $40.00 and set a “market perform” rating on the stock in a research note on Friday, August 2nd. ValuEngine lowered shares of Teradata from a “buy” rating to a “hold” rating in a research note on Tuesday. Zacks Investment Research lowered shares of Teradata from a “hold” rating to a “sell” rating and set a $29.00 price objective on the stock. in a research note on Monday, May 27th. Finally, Morgan Stanley increased their price objective on shares of Teradata from $57.00 to $58.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. Teradata currently has an average rating of “Hold” and a consensus price target of $42.29.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC grew its position in shares of Teradata by 25.4% in the second quarter. Advisory Services Network LLC now owns 1,347 shares of the technology company’s stock valued at $48,000 after purchasing an additional 273 shares during the period. World Asset Management Inc grew its position in shares of Teradata by 3.4% in the second quarter. World Asset Management Inc now owns 8,986 shares of the technology company’s stock valued at $322,000 after purchasing an additional 294 shares during the period. Tyers Asset Management LLC grew its position in shares of Teradata by 1.9% in the first quarter. Tyers Asset Management LLC now owns 16,296 shares of the technology company’s stock valued at $711,000 after purchasing an additional 308 shares during the period. Profund Advisors LLC grew its position in shares of Teradata by 2.9% in the second quarter. Profund Advisors LLC now owns 12,484 shares of the technology company’s stock valued at $448,000 after purchasing an additional 347 shares during the period. Finally, Raymond James & Associates grew its position in shares of Teradata by 0.5% in the first quarter. Raymond James & Associates now owns 112,870 shares of the technology company’s stock valued at $4,927,000 after purchasing an additional 580 shares during the period. Institutional investors and hedge funds own 98.53% of the company’s stock.

Shares of NYSE:TDC traded down $0.19 during midday trading on Friday, reaching $31.63. The company’s stock had a trading volume of 1,973,823 shares, compared to its average volume of 937,043. The firm has a market capitalization of $3.66 billion, a PE ratio of 35.94, a P/E/G ratio of 1.74 and a beta of 1.21. Teradata has a twelve month low of $29.61 and a twelve month high of $49.42. The stock has a fifty day moving average of $32.57 and a 200 day moving average of $38.01. The company has a quick ratio of 1.26, a current ratio of 1.31 and a debt-to-equity ratio of 1.54.

Teradata announced that its board has approved a stock buyback plan on Thursday, August 1st that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the technology company to buy up to 11.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Teradata Company Profile

Teradata Corporation provides hybrid cloud analytics software. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in company's analytical ecosystem. It operates through three segments: North America and Latin America region; Europe, Middle East and Africa region; and Asia Pacific and Japan region.

Further Reading: Neutral Rating

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