JMP Securities has recently reduced Teradata Corp (TDC) stock to Mkt Perform rating, as announced on August 6, 2024, according to Finviz. Earlier, on July 19, 2024, UBS had initiated the stock to Sell, setting a price target of $32. BofA Securities also reduced Underperform rating with a price target of $39. Additionally, Morgan Stanley reduced their rating on February 13, 2024, with a target price of $48. BofA Securities analysts, in their report published on February 13, 2024, also reduced Neutral rating and set a price target of $48 for Teradata Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Teradata Corp (TDC) Stock Trading Recap
On Tuesday, Teradata Corp (TDC) stock saw a decline, ending the day at $27.75 which represents a decrease of $-0.49 or -1.74% from the prior close of $28.24. The stock opened at $28.07 and touched a low of $27.7 during the day, reaching a high of $28.42. The volume of shares traded was 0.72 million falling short of the average volume of 0.88 million.
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TDC Stock Performance and Moving Averages
In recent trading, Teradata Corp (TDC) stock price has shown some volatility, fluctuating -1.25% over the last five trades and -8.90% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -27.09%, and it has plunged by -13.71% in the previous three months. Currently, TDC is trading at 2.05%, -10.08%, and -26.59% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, TDC, a Technology sector stock, is trading -43.87% below its 52-week high but remains 15.53% above its 52-week low. The Average True Range (ATR) (14 days) of 0.82 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Teradata Corp’s Profitability and Valuation Ratios
Teradata Corp’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 10.63% and a profit margin of 3.45%, with a gross margin of -27.09%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Teradata Corp’s market capitalization stands at $2.67 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 44.34, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 11.24. Additionally, the Price-to-Sales Ratio is 1.48, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 35.59, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 1.57% of Teradata Corp (TDC)’s shares, while financial institutions hold 95.21%.
Notable insider trades include Treese Margaret A, Chief Legal Officer at Teradata Corp (TDC), who sold 5500 shares on Aug 29 ’24, at $28.5 each, totaling $0.16 million. On Aug 13 ’24, Cullen-Cote Kathleen R, Chief People Officer, sold 9683 shares for $25.94 each, amounting to $0.25 million. Additionally, on May 24 ’24, MCMILLAN STEPHEN sold 10000 shares at $31.95 each, generating $0.32 million.
