Teradata Corp (TDC) Stock Could Soon Reward Patient Investors

Teradata Corp (NYSE: TDC) is 12.14% higher on its value in year-to-date trading and has touched a low of $34.18 and a high of $57.73 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TDC stock was last observed hovering at around $48.99 in the last trading session, with the day’s loss setting it -0.2%.

Currently trading at $48.79, the stock is 2.09% and 6.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing -0.41% at the moment leaves the stock 4.11% off its SMA200. TDC registered 39.12% gain for a year compared to 6-month gain of 8.57%. The firm has a 50-day simple moving average (SMA 50) of $2.69 and a 200-day simple moving average (SMA200) of $20.10.

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The stock witnessed a 7.04% loss in the last 1 month and extending the period to 3 months gives it a 5.74%, and is 2.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.74% over the week and 2.08% over the month.

Current P/E ratio is 81.41 and Fwd P/E is 16.73. Profit margin for the company is 3.39%. Distance from 52-week low is 42.74% and -15.49% from its 52-week high. The company has generated returns on investments over the last 12 months (9.05%).

Teradata Corp quarterly earnings per share for the current quarter are estimated at $0.51 with sales reaching $456.79M over the same period.The EPS is expected to grow by 14.45% this year, but quarterly earnings will post 2.10% year-over-year. Quarterly sales are estimated to grow 1.10% in year-over-year returns.

Teradata Corp (TDC) Top Institutional Holders

570 institutions hold shares in Teradata Corp (TDC), with institutional investors hold 94.99% of the company’s shares. The shares outstanding are 101.10M, and float is at 96.33M with Short Float at 2.88%. Institutions hold 93.95% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 11.56 million shares valued at $617.47 million. The investor’s holdings represent 11.57% of the TDC Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 11.17 million shares valued at $596.85 million to account for 11.19% of the shares outstanding. The other top investors are Ameriprise Financial, Inc. which holds 7.59 million shares representing 7.60% and valued at over $405.29 million, while Lynrock Lake LP holds 4.98% of the shares totaling 4.98 million with a market value of $265.75 million.

Teradata Corp (TDC) Insider Activity

A total of 15 insider transactions have happened at Teradata Corp (TDC) in the last six months, with sales accounting for 13 and purchases happening 2 times. The most recent transaction is an insider sale by Cione Todd,the company’sChief Revenue Officer. SEC filings show that Cione Todd sold 29,251 shares of the company’s common stock on Jan 08 at a price of $43.31 per share for a total of $1.27 million. Following the sale, the insider now owns 76221.0 shares.

Teradata Corp disclosed in a document filed with the SEC on Nov 14 that Treese Margaret A (Chief Legal Officer) sold a total of 9,148 shares of the company’s common stock. The trade occurred on Nov 14 and was made at $47.36 per share for $0.43 million. Following the transaction, the insider now directly holds 79801.0 shares of the TDC stock.

Still, SEC filings show that on Nov 10, MCMILLAN STEPHEN (President and CEO) disposed off 7,500 shares at an average price of $46.21 for $0.35 million. The insider now directly holds 510,497 shares of Teradata Corp (TDC).

Teradata Corp (TDC): Who are the competitors?

The company’s main competitors (and peers) include Adobe Inc. (ADBE) that is trading 63.16% up over the past 12 months. Oracle Corp. (ORCL) that is 29.55% higher over the same period.