What Will Happen to Teradata Corporation (TDC) Next? The Stock Just Reaches 52-Week High

June 17, 2018 - By Richard Conner

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Investors sentiment increased to 1.02 in 2018 Q1. Its up 0.22, from 0.8 in 2017Q4. It increased, as 37 investors sold Teradata Corporation shares while 95 reduced holdings. 46 funds opened positions while 89 raised stakes. 117.23 million shares or 4.78% less from 123.11 million shares in 2017Q4 were reported.
Guardian holds 0% or 2,900 shares in its portfolio. Tiaa Cref Investment Mngmt Limited Liability reported 0.05% stake. Alpha Windward Limited Liability Corp invested in 752 shares. Burney owns 50,190 shares or 0.12% of their US portfolio. Sg Americas Secs Ltd Liability Co stated it has 27,459 shares or 0.01% of all its holdings. Int Value Advisers Limited Liability holds 0.66% or 593,695 shares. Mackay Shields Ltd owns 524,359 shares. Cranbrook Wealth Ltd Limited Liability Company holds 1 shares. Moreover, Parallax Volatility Advisers Ltd Partnership has 0% invested in Teradata Corporation (NYSE:TDC) for 5,202 shares. First Personal Financial Services reported 0% of its portfolio in Teradata Corporation (NYSE:TDC). Td Management Limited Com stated it has 25 shares. Huntington Bankshares holds 2,269 shares or 0% of its portfolio. Axa accumulated 437,300 shares or 0.07% of the stock. Massmutual Tru Fsb Adv accumulated 20 shares or 0% of the stock. State Of Tennessee Treasury Department has 100,000 shares for 0.02% of their portfolio.

Since February 15, 2018, it had 0 insider buys, and 3 insider sales for $2.76 million activity. RINGLER JAMES M sold $313,685 worth of Teradata Corporation (NYSE:TDC) on Tuesday, March 6. Another trade for 52,379 shares valued at $2.17 million was sold by Nyquist Laura K.

The stock of Teradata Corporation (NYSE:TDC) hit a new 52-week high and has $44.56 target or 3.00 % above today’s $43.26 share price. The 5 months bullish chart indicates low risk for the $5.25B company. The 1-year high was reported on Jun, 17 by Barchart.com. If the $44.56 price target is reached, the company will be worth $157.41M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 2.39% or $1.01 during the last trading session, reaching $43.26. About 3.43M shares traded or 230.23% up from the average. Teradata Corporation (NYSE:TDC) has risen 34.38% since June 17, 2017 and is uptrending. It has outperformed by 21.81% the S&P500.

Analysts await Teradata Corporation (NYSE:TDC) to report earnings on July, 26. They expect $0.08 EPS, down 38.46 % or $0.05 from last year’s $0.13 per share. TDC’s profit will be $9.70 million for 135.19 P/E if the $0.08 EPS becomes a reality. After $0.07 actual EPS reported by Teradata Corporation for the previous quarter, Wall Street now forecasts 14.29 % EPS growth.

Teradata Corporation (NYSE:TDC) Ratings Coverage

Among 9 analysts covering Teradata (NYSE:TDC), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. Teradata had 13 analyst reports since January 23, 2018 according to SRatingsIntel. The company was maintained on Friday, February 9 by Bank of America. Wells Fargo maintained the shares of TDC in report on Friday, February 9 with “Underperform” rating. The stock of Teradata Corporation (NYSE:TDC) earned “Buy” rating by Stifel Nicolaus on Thursday, May 17. Mizuho upgraded the stock to “Buy” rating in Wednesday, May 30 report. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Tuesday, January 23. The company was maintained on Thursday, February 8 by Stifel Nicolaus. The rating was maintained by Wells Fargo with “Sell” on Thursday, May 10. The rating was maintained by BMO Capital Markets on Friday, May 4 with “Hold”. The rating was maintained by BMO Capital Markets on Thursday, February 8 with “Hold”. Stifel Nicolaus maintained Teradata Corporation (NYSE:TDC) on Friday, May 4 with “Hold” rating.

Another recent and important Teradata Corporation (NYSE:TDC) news was published by Streetinsider.com which published an article titled: “Mizuho Securities Upgrades Teradata (TDC) to Buy” on May 30, 2018.

Teradata Corporation provides analytic data solutions and related services in North America, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company has market cap of $5.25 billion. The firm operates through Americas Data and Analytics, and International Data and Analytics divisions. It currently has negative earnings. The Company’s analytic data solutions comprise software, hardware, and related business consulting and support services for data warehousing, big data, and tools for data integration, data discovery, and business intelligence.

Teradata Corporation (NYSE:TDC) Institutional Positions Chart

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