Teradata Reports Quarterly Earnings, Falls Short of Predictions

On Tuesday, Teradata (NYSE:TDC) released its quarterly earnings report. The technology firm announced earnings of $0.30 per share for the quarter, which was lower than the anticipated $0.44, missing expectations by $0.14. In addition to the earnings report, Teradata shared key financial metrics, including a return on equity of 145.40% and a net margin of 4.56%. Furthermore, the company updated its guidance for the fiscal year 2025, projecting earnings per share to be between $2.150 and $2.250, along with guidance for the first quarter of 2025 set at $0.550 to $0.590.

Performance of Teradata Stock

During trading on Tuesday, Teradata's shares fell by $0.07, bringing the stock price to $30.86. The trading volume was 1,150,124 shares, surpassing the average volume of 800,368. Teradata holds a debt-to-equity ratio of 4.01, with a current ratio of 0.80 and a quick ratio of 0.79. Over the past year, the company's stock reached a low of $24.02 and a high of $49.44. Currently, Teradata has a market capitalization of $2.95 billion, a price-to-earnings (P/E) ratio of 36.74, a PEG ratio of 3.19, and a beta of 0.78. The 50-day moving average stands at $31.69, while the 200-day moving average is at $30.36.

Analyst Ratings Updates

A number of equity analysts have provided updates on Teradata shares. Evercore ISI increased its price target on Teradata from $34.00 to $37.00 and assigned an "outperform" rating in a report dated October 15. On December 6, Barclays raised its price target for Teradata from $29.00 to $30.00, predicting an "underweight" rating. Similarly, Royal Bank of Canada maintained a "sector perform" rating with a price target of $32.00 in their November 5 analysis. UBS Group increased their price target from $24.00 to $26.00, assigning a "sell" rating. Additionally, Northland Securities adjusted their target price from $38.00 to $37.00, sustaining an "outperform" rating for the stock. Three analysts currently recommend selling the stock, four suggest holding it, while four have given buy ratings, and one has a strong buy rating. According to MarketBeat, Teradata's consensus rating stands at "Hold" with an average target price of $40.00.

About Teradata

Teradata Corporation, along with its subsidiaries, offers a connected multi-cloud data platform for enterprise analytics. Their primary product, Teradata Vantage, is an open and integrated platform designed to harness data across an enterprise. In addition to their product offerings, Teradata provides consulting services aimed at helping organizations establish a data and analytics vision, create a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities to maximize the value of their analytical infrastructure.

Earnings, Teradata, Stocks