Teradata Corp (NYSE:TDC) does about 1.18M shares in volume on a normal day but saw 1346623 shares change hands in Tuesday trading. The company now has a market cap of 3.61B USD. Its current market price is $37.10, marking a decrease of -2.01% compared to the previous close of $37.86. The 52 week high reached by this stock is $57.73 whilst the lowest price level in 52 weeks is $35.36.
Teradata Corp (TDC) has a 20-day trading average at $37.30 and the current price is -35.74% off the 52-week high compared with 4.92% distance from its 52-week low. The 50-day simple moving average of the closing price is $37.77 and its 200-day simple moving average is $44.10. If we look at the stock’s price movements over the week, volatility stands at 2.02%, which decreases to 1.90% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.18 to suggest the stock is neutral.
The consensus objective for the share price is $52.83, suggesting that the stock has a potential upside of 29.77% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 13, 2024 when Morgan Stanley downgraded the stock to “Equal-Weight” and issued a price target of between $74 and $48. BofA Securities also downgraded the stock to “Neutral” from Buy on February 13, 2024 at a price target of $58-$48. Evercore ISI initiated its price target at $65.
Teradata Corp (TDC) stock is up 0.82% over the week and -3.41% over the past month. Its price is -14.73% year-to-date and -4.16% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.55 and 2.2 for whole year. Expected sales for next quarter are $456.97M, which analysts say will come at $1.83B for the current fiscal year and next year at $1.93B. In addition, estimates put the company’s current quarterly revenue at an average of $466.1M.
To reach the target analysts have set, the stock logically needs to grow 29.77 percent from here.
The company has a return on investment of 9.06% and return on equity of 31.55%. The price to earnings ratio (P/E ratio) amounts to 62.18 while the forward price to earnings ratio is 13.79. The beta has a value of 0.95. Price to book ratio is 26.90 and price to sales ratio is 1.97.
