Teradata Corp.: Leveraging Cloud Computing to Tackle Complex … – Best Stocks

The world of data processing and analytic solutions has seen a considerable shift towards cloud-based services in recent years. The industry, which is instrumental in mining crucial insights that can be leveraged for better decision-making, has been able to scale its operations like never before with the advent of cloud computing.

Teradata Corp., a San Diego-based technology firm, has recognized this trend and built its business around it. Established in 1979, Teradata leverages the power of multi-cloud computing to enable its clients to tackle complex data challenges across various geographical regions.

Investment firms have taken notice of Teradatas value proposition as well. Nisa Investment Advisors LLC recently added over 60% more shares of Teradata Co. (NYSE:TDC) during the fourth quarter of 2020, according to a filing with the Securities and Exchange Commission (SEC). This raised Nisas holdings to over 104,000 shares worth $3.5 million at the time of filing.

Teradata stock opened at $39.44 on Tuesday and maintains a market capitalization of $4.04 billion with a PE ratio of 131.47 and a P/E/G ratio of 2.59. The companys debt-to-equity ratio stands at 2.14.

As we move deeper into an age where data-driven decision making becomes essential for corporations worldwide, companies like Teradata will undoubtedly continue to play an integral role in providing reliable and scalable solutions that are built for todays multi-cloud reality. It will be intriguing to keep a watchful eye on how they continue to innovate in this rapidly evolving space while serving their customers with exceptional products and services made possible by cloud computing technologies.

Teradata Corp. is finding success in the tech industry as a cloud data analytics company designed to solve data challenges at scale. With headquarters located in San Diego, California, Teradata operates through three geographical segments: Americas, EMEA and APJ. The company was founded on July 13th, 1979 and its stock (NYSE:TDC) has been highly sought after by a number of hedge funds and institutional investors. As of now, corporate holdings are valued at $111,000 for Lindbrook Capital LLC who raised their shares by 23%. Lazard Asset Management LLC grew their position in shares of Teradata by 48% while Macquarie Group Ltd. increased theirs by 24%. Ronald Blue Trust Inc. grew their position by 104% with Invst LLC also growing shares by another 8%, bringing the percentage of institutional ownership up to an impressive rate of 90.92%.

Teradata announced positive quarterly earnings results back in February of this year, posting $0.35 earnings per share for the quarter compared to consensus estimates set at $0.30 earnings per share marking a positive deviation from predictions.

Additionally, insiders Kathleen R. Cullen-Cote and CFO Claire Bramley have both made notable sales of the companys stock earlier this year; however, both sales were made with high prices per share indicating that confidence around Teradatas performance remains favorable.

Overall, despite concerns around its stock rating hovering between hold and sell amongst analysts covering it according to Bloomberg.com, Teradatas emergence as a leading market player with innovative solutions could indicate more stable long-term success for both institutional investors and traders alike within this burgeoning field of tech.

As we move further into the multi-cloud reality where data presents itself even more valuable than ever before across industries worldwide an effective solution like that provided by Teradata Corps cloud data analytics SaaS suite may well provide the technological edge companies need more and more to keep and increase their competitive edge within fast-paced business environments.

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Teradata Corp.: Leveraging Cloud Computing to Tackle Complex ... - Best Stocks

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