Teradata Corporation (NYSE:TDC) saw a downside of -16.94% to close Tuesday at $46.08 after subtracting -$9.4 on the day. The 5-day average trading volume is 1,727,280 shares of the company’s common stock. It has gained $56.58 in the past week and touched a new high 1 time within the past 5 days. An average of 1,175,515 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,032,600.
TDC’s 1-month performance is -15.54% or -$7.14 on its low of $46.07 reached on 08/08/23. The company’s shares have touched a 52-week low of $28.65 and high of $57.73, with the stock’s rally to the 52-week high happening on 08/01/23. YTD, TDC has achieved 36.90% or $12.42 and has reached a new high 36 times. However, the current price is down -20.18% from the 52-week high price.
Insider Transactions
TDC stock investors last saw insider trading activity on Jun 15.Gianoni Michael P (Director) most recently sold 29,053 shares at $51.57 per share on Jun 15. This transaction cost the insider $1,498,292. President and CEO, MCMILLAN STEPHEN, sold 12,500 shares at a price of $49.00 on Jun 09. Then, on May 12, Chief Financial Officer BRAMLEY CLAIRE sold 4,528 shares at a price of $44.21 per share. This transaction amounted to $200,183.
Valuation Metrics
TDC stock has a beta of 0.96. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.61 while the price-to-book (PB) in the most recent quarter is 20.30, with the price to cash flow ratio at 12.95.
Teradata Corporation’s quick ratio for the period ended June 29 was 1.00, with the current ratio over the same period at 1.00. As well, the company’s long term debt to equity for the quarter ending June 29 was 2.43, while the total debt to equity was 2.74.. In terms of profitability, the gross margin trailing 12 months is 61.00%. The trailing 12-month EBITDA margin is 14.37% while for the period ending June 29, Teradata Corporation’s operating margin was 7.30%. The firm’s gross profit as reported stood at $1.08 billion against revenue of $1.79 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 17.5% to $40.0 million, while revenue of -$28.0 million was 170.0% off the previous quarter. Analysts expected TDC to announce $0.45 per share in earnings in its latest quarter, but it posted $0.48, representing a 6.70% 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 1.76 billion, with total debt at $646.0 million. Shareholders hold equity totaling $101.1 million.
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 08 August was 17.46% to suggest the stock is trending oversold, with historical volatility in this time period at 94.89%.
The stock’s 5-day moving average is $53.62, reflecting a -19.74% or -$11.33 change from its current price. TDC is currently trading -16.16% above its 20-day SMA, +23.97% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +2.38% and SMA200 by+52.94%.
Stochastic %K and %D was 20.61% and 25.92% and the average true range (ATR) pointed at 2.14. The RSI (14) points at 25.55%, while the 14-day stochastic is at 0.09% with the period’s ATR at 1.76. The stock’s 9-day MACD Oscillator is pointing at -2.32 and -2.50 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Teradata Corporation (NYSE: TDC), Northland Capital launched coverage with an Outperform rating. 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 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 7 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 $46.00 and a high of $75.00, with their median price target at $64.00. Looking at these predictions, the average price target given by analysts is for Teradata Corporation (TDC) stock is $63.30.
