Worth Watching: Teradata Corporation Stock Is Crashing Now

Worth Watching: Teradata Corporation Stock Is Crashing Now

The stock of Teradata Corporation (NYSE:TDC) is a huge mover today! The stock decreased 5.03% or $1.56 during the last trading session, hitting $29.44. About 3.64M shares traded hands or 147.62% up from the average. Teradata Corporation (NYSE:TDC) has risen 24.25% since February 29, 2016 and is uptrending. It has outperformed by 12.03% the S&P500.
The move comes after 8 months negative chart setup for the $3.95B company. It was reported on Oct, 4 by Barchart.com. We have $27.97 PT which if reached, will make NYSE:TDC worth $197.50 million less.

Analysts await Teradata Corporation (NYSE:TDC) to report earnings on November, 3. They expect $0.52 earnings per share, up 8.33% or $0.04 from last year’s $0.48 per share. TDC’s profit will be $69.77M for 14.15 P/E if the $0.52 EPS becomes a reality. After $0.65 actual earnings per share reported by Teradata Corporation for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

Teradata Corporation (NYSE:TDC) Ratings Coverage

Out of 10 analysts covering Teradata Corporation (NYSE:TDC), 1 rate it a “Buy”, 4 “Sell”, while 5 “Hold”. This means 10% are positive. Teradata Corporation has been the topic of 21 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The rating was maintained by Barclays Capital with “Equal Weight” on Friday, August 7. The stock of Teradata Corporation (NYSE:TDC) earned “Sector Perform” rating by RBC Capital Markets on Friday, November 6. Barclays Capital downgraded it to “Underweight” rating and $23 target price in Wednesday, January 6 report. The stock of Teradata Corporation (NYSE:TDC) has “Neutral” rating given on Friday, November 6 by Mizuho. Atlantic Securities downgraded the stock to “Overweight” rating in Friday, August 28 report. Summit Research downgraded Teradata Corporation (NYSE:TDC) on Monday, November 9 to “Sell” rating. The rating was initiated by Cowen & Co with “Market Perform” on Friday, June 24. On Friday, August 7 the stock rating was maintained by Mizuho with “Neutral”. The firm has “Sell” rating given on Friday, December 11 by Goldman Sachs. As per Friday, August 7, the company rating was downgraded by Susquehanna.

According to Zacks Investment Research, “Teradata Corporation is the world’s largest company focused on raising intelligence through data warehousing and enterprise analytics. Teradata is located in more than forty countries. Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.Number of employees in Teradata Corporation is 5,300”

Insitutional Activity: The institutional sentiment increased to 0.94 in 2016 Q2. Its up 0.08, from 0.86 in 2016Q1. The ratio is positive, as 49 funds sold all Teradata Corporation shares owned while 112 reduced positions. 46 funds bought stakes while 105 increased positions. They now own 128.83 million shares or 2.96% more from 125.13 million shares in 2016Q1.
Piermont Mngmt has 0.35% invested in the company for 53,502 shares. The Washington-based Cornerstone Advsrs has invested 0.01% in Teradata Corporation (NYSE:TDC). Gemmer Asset Management Ltd Liability Corp has 151 shares for 0% of their US portfolio. Chevy Chase Trust holds 111,053 shares or 0.02% of its portfolio. Voya Inv Management Ltd Limited Liability Company reported 89,086 shares or 0.01% of all its holdings. Company National Bank has 0% invested in the company for 11,218 shares. Apg Asset Nv holds 866,220 shares or 0.04% of its portfolio. Connor Clark And Lunn Management Ltd last reported 724,675 shares in the company. Raymond James And Assoc holds 0.01% or 119,023 shares in its portfolio. Axa reported 1.19 million shares or 0.13% of all its holdings. Creative Planning, a Kansas-based fund reported 5,965 shares. Ahl Prns Limited Liability Partnership owns 90,513 shares or 0.12% of their US portfolio. Bessemer Gp Inc has 7,491 shares for 0% of their US portfolio. Moreover, Wedge Capital L L P Nc has 0% invested in Teradata Corporation (NYSE:TDC) for 7,379 shares. The Switzerland-based Lombard Odier Asset Management (Switzerland) Sa has invested 0.1% in Teradata Corporation (NYSE:TDC).

Insider Transactions: Since May 26, 2016, the stock had 0 insider buys, and 4 insider sales for $1.29 million net activity. The insider Ratzesberger Oliver sold 2,015 shares worth $63,714. Fair Robert also sold $905,998 worth of Teradata Corporation (NYSE:TDC) shares. Harrington Daniel L sold $264,242 worth of stock or 9,574 shares. On Thursday, August 4 the insider COOPER NANCY E sold $57,154.

Another recent and important Teradata Corporation (NYSE:TDC) news was published by Fool.com which published an article titled: “Why Teradata Corporation Fell 11.5% in June” on July 12, 2016.

TDC Company Profile

Teradata Corporation (Teradata), incorporated on March 27, 2007, is a well-known provider of analytic data platforms, marketing and analytic applications, and related services. The Company’s analytic data platforms consist of software, hardware and related business consulting and support services for data warehousing, and big data analytics. The Firm operates in two divisions: data and analytics, and marketing applications. The Company’s services include a range of offerings, such as consulting to help organizations design, optimize and manage their analytic and big data environments. The Company’s value-added consulting services provide expertise in data architecture services, cloud (software as a service, analytics as a service), private cloud, managed services and related installation services. In addition to its consulting services it offers a set of support services. The Firm serves clients around the world across a set of industries, including communications, e-commerce, financial services, government, gaming, healthcare, insurance, manufacturing, media and entertainment, gas and oil, retail, travel and transportation, and utilities with offerings ranging from departmental implementations to analytic data platforms and marketing applications. The Firm provides its offerings on-premise or in the cloud (as a service). Teradata operates from various locations within the United States with the primary locations being Dayton, Ohio; Johns Creek (Atlanta), Georgia, and Rancho Bernardo (San Diego), California. In addition, it has sales, services, research and development and administrative offices located in approximately 40 countries.

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