A Technical View of the Teradata Corporation (TDC)

Teradata Corporation (NYSE:TDC) saw an upside of 2.85% to close Tuesday at $56.28 after adding $1.56 on the day. The 5-day average trading volume is 900,760 shares of the company’s common stock. It has gained $57.36 in the past week. An average of 1,048,690 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,020,332.

TDC’s 1-month performance is 11.53% or $5.17 on its low of $49.33 reached on 09/14/21. The company’s shares have touched a 52-week low of $17.99 and high of $59.58, with the stock’s rally to the 52-week high happening on 02/09/21. YTD, TDC has achieved 150.47% or $33.81. However, the current price is down -5.54%% from the 52-week high price.


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Insider Transactions

On Sep 27, 16 days have gone by since the last insider trading activity for Teradata Corporation (TDC). CHOU TIMOTHY C K (Director) most recently sold 2,728 shares at $55.13 per share on Sep 27. This transaction cost the insider $150,395. Chief Product Officer, Ashton Hillary, sold 1,100 shares at a price of $55.67 on Sep 02. Then, on Jul 08, Chief Revenue Officer Cione Todd sold 48,319 shares at a price of $46.12 per share. This transaction amounted to $2,228,262.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 530.70 and a low of 14.19. TDC stock has a beta of 1.16. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.22 while the price-to-book (PB) in the most recent quarter is 13.03, with the price to cash flow ratio at 14.38.

Teradata Corporation’s quick ratio for the period ended June 29 was 1.10, with the current ratio over the same period at 1.10 meaning that TDC stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.95, while the total debt to equity was 1.27. In terms of profitability, the gross margin trailing 12 months is 59.90%. The trailing 12-month EBITDA margin is 15.14% while for the period ending June 29; Teradata Corporation’s operating margin was 8.60%. The firm’s gross profit as reported stood at $1.02 billion against revenue of $1.84 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 6.92% to $491.0 million, while revenue of $491.0 million was 0.0% off the previous quarter. Analysts expected TDC to announce $0.46 per share in earnings in its latest quarter, but it posted $0.74, representing a 60.90% surprise. EBITDA for the quarter stood at more than $107.0 million. TDC stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 1.77 billion, with total debt at $649.0 million. Shareholders hold equity totaling $109.1 million

Technical Picture

Let’s look briefly at Teradata Corporation (TDC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 57.97% to suggest the stock is trending Neutral, with historical volatility in this time period at 26.87%.

The stock’s 5-day moving average is $55.42, reflecting a +2.05% or $1.13 change from its current price. TDC is currently trading +12.36% above its 20-day SMA, +27.56% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +12.67% and +151.47% respectively.

Stochastic %K and %D was 50.41% and 53.39% and the average true range (ATR) pointed at 1.80. The RSI (14) points at 56.98%, while the 14-day stochastic is at 58.36% with the period’s ATR at 1.81. The stock’s 9-day MACD Oscillator is pointing at -0.59 and -0.40 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Teradata Corporation (NYSE: TDC), Morgan Stanley upgraded it to an Overweight rating. They previously had an Equal-weight rating on the stock. Analysts offering their rating for TDC stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate TDC as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 5 have offered a “buy” rating.

What is TDC’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $42.00 and a high of $88.00, with their median price target at $62.50. Looking at these predictions, the average price target given by analysts is for Teradata Corporation (TDC) stock is $64.00.

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