The stock of Teradata Corporation (NYSE:TDC) increased by $0.48 on Friday to finish at $44.33, up 1.09 percent. The last five days have seen an average of 1,076,040 shares of common stock traded. 36 times new highs were reached in the current year, with a gain of $10.67. The average number of shares traded over the last 20 days was 1,403,130, while the average volume over the last 50 days totaled 1,148,842.
TDC stock dropped -19.31% since last month. On 08/21/23, the company’s shares reached a one-month low of $43.30. The stock touched a high of $57.73 on 08/01/23, after rallying from a low of $28.65 in 52 weeks. The price of TDC stock has risen by 31.70% or $10.67 this year, reaching a new high 36 times. Still, the stock price is down -23.21% from the 52-week high.
Insider Transactions
TDC stock investors should be aware that Teradata Corporation (TDC) stock had its last reported insider trading activity 12 days ago on Aug 16. On Aug 16, Chief Product Officer Ashton Hillary sold 26,049 shares at $44.53 each. This transaction resulted in the insider making $1,159,959. On Aug 14, Treese Margaret A sold 14,592 shares at a price of US$44.74. After the transaction, the insider now owns 86,169 shares. Chief Revenue Officer Cione Todd had earlier sold 41,472 shares on Aug 11 for $45.00 a share. The transaction was completed for $1,866,240.
Valuation Metrics
Teradata Corporation (TDC) has a trailing price-to-earnings (P/E) ratio of 79.44. Beta for the stock is 1.01. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.42, the price-to-book (PB) ratio of 20.52, and the price-to-cash flow ratio of 14.51.
Financial Health
For the three months ended June 30, Teradata Corporation’s quick ratio was 1.00, while its current ratio was 1.00, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 30 is 2.58, and the total debt to equity ratio is 2.93. As far as profitability goes, gross margin for the trailing twelve months is 60.90% percent. Teradata Corporation’s EBITDA margin for the year ended June 30 was 14.37%, whereas its operating margin stood at 8.20% for the same period. Based on annual data, it had gross profit of $1.08 billion and revenue of $1.79 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. TDC’s return on assets (ROA) during the last 12 months has been 3.00%. There was a 9.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 24.70%.
Earnings Surprise
According to Teradata Corporation’s quarterly financial report for the quarter that ended June 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $462.0 million, while revenues rose by 6.93% to $476.0 million. It was predicted that Teradata Corporation’s quarterly earnings would be $0.48, but it ended up being $0.45, beating the consensus by 6.70%. EBITDA was $64.0 million for the quarter. At the end of Teradata Corporation’s most recent quarter ended June 30, its liabilities totaled 1.65 billion, while its total debt was $653.0 million. Equity owned by shareholders amounts to $99.9 million.
Technical Picture
Here’s a quick look at Teradata Corporation’s (TDC) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 29.14%, suggesting the stock is oversold, with a 16.96% historical volatility rate.
The stochastic %K and %D were 8.07% and 7.47% respectively, while the average true range (ATR) was 1.24. Based on the 14-day stochastic reading of 9.38%, the RSI (14) reading is 29.84%. On the 9-day MACD Oscillator, the stock is at 0.06, and the 14-day reading is at -0.37.
Analyst Ratings
In its analyst report released on May 02, 2023, Northland Capital began covering Teradata Corporation (NYSE: TDC). The stock was rated as an Outperform by the brokerage firm. Analysts have assigned Teradata Corporation (TDC) an Overweight rating. TDC is a stock that is recommended for selling by 1 brokerage firm, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 7 others recommend it as a buy.
What is TDC’s price target for the next 12 months?
The current consensus forecast for the stock is between $46.00 and $75.00, with a median target price of $64.00. In analyzing these forecasts, the average price target given by analysts for Teradata Corporation (TDC) is $63.30.
