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Wednesday, December 6, 2023

Investing In Teradata Corp (NYSE: TDC): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Teradata Corp (TDC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.33, or 0.72%, to $45.96. The Teradata Corp has recorded 24,650 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Teradata Reports Third Quarter 2023 Financial Results Continuing Its Cloud Momentum Driving Profitable Growth.

Stocks Info

The company is listed on the NYSE and operates within the Software – Infrastructure industry segment. At the end of the last regular session, the stock closed at $45.63 and fluctuated between $48.24 as its day high and $45.30 as its day low. The current market capitalization of Teradata Corp is $4.56B. A total of 1.66 million shares were traded on the day, compared to an average of 965.30K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, TDC has seen 0 BUY and 11 SELL insider trades, representing the acquisition of 0 and the disposition of 113,083 shares. Over the last 12 months, there were 20 BUYs and 51 SELLs from insiders. Insiders purchased 861,625 shares during that period but sold 685,108.

In the most recent transaction, MCMILLAN STEPHEN sold 7,500 shares of TDC for 44.39 per share on Sep 11. After the transaction, the President and CEO now owns 517,997 company shares. In a previous transaction on Sep 05, Ashton Hillary sold 1,833 shares at 45.29 per share. TDC shares that Chief Product Officer owns now total 112,883.

Among the insiders who sold shares, Ashton Hillary disposed of 26,049 shares on Aug 16 at a per-share price of $44.53. This resulted in the Chief Product Officer holding 118,321 shares of TDC after the transaction. In another insider transaction, Treese Margaret A sold 14,592 shares at $44.74 per share on Aug 14. Company shares held by the Chief Legal Officer now total 86,169.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for TDC in the last 3 months, the mean price target is $61.91 with high estimates of $75.00 and low estimates of $44.00. In terms of 52-week highs and lows, TDC has a high of $57.73 and a low of $29.28.

As of this writing, TDC has an earnings estimate of $0.42 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.44 per share and a lower estimate of $0.4.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TDC’s latest balance sheet shows that the firm has $592.00M in Cash & Short Term Investments as of fiscal 2021. There were $572.00M in debt and $1.03B in liabilities at the time. Its Book Value Per Share was $2.17, while its Total Shareholder’s Equity was $460.00M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TDC is Buy with a score of 4.18.

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