Price has been consolidating for some time now for the better half of 2023, as earnings are upcoming up there has been a consolidation phase which has provided an opportunity to increase share count prior to its rise. Current price action is currently on an uptrend based on the price being above the 9 and 30 day moving average and the many of the technical are...
Teradata Corporation is an American software company that provides cloud database and analytics-related software, products, and services. The company was formed in 1979 in Brentwood, California, as a collaboration between researchers at Caltech and Citibank's advanced technology group.
Healthy price action below multi-month supply.
TDC has declining revenue and earnings, no idea why it's still up in COVID-land. Has to fill the gap eventually, snagged a few puts for earnings Monday afternoon.
Remember, earnings is always a crap shoot, but you know that from NFLX, FB, AMZN, etc, lol
Conviction: 3/5
General Thesis
Weekly RSI looks is attractive but likely to go lower
Daily RSI turning up from oversold positions
breakout from 2012 down trend resistance, could be the start of a leg up!
target $60
Growth
Gross margins (57%) is pretty steady, at/near historical highs
Revenue growth (1.32%) around 75th percentile
Value
...
Anyone who ever watched Twin Peaks knows BOB.
I'm going to say this rather large ascending triangle is still in play consider the pedigree.
Same as this chart purely on fundamentals like this one.
Not Financial Advice. Just a 007.
$TDC beat on earnings and look at that volume come in to buy it. It has since faded and retraced much of that break-out gap. I'm liking this if it holds into to today's close or on volume going over today's highs. Ideas, not investing / trading advice.
Teradata (TDC) reported 4th Quarter December 2020 earnings of $0.44 per share on revenue of $491.0 million....
Bullish Pennant
Pros:
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
250RSI above 50
Cons:
200MA flat
Target:
PT = 84.09$
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Teradata Soars on Strong Earnings and Demand for Cloud
Shares soared Friday after the data-analytics company reported stronger-than-expected fourth-quarter earnings (triple-digit cloud growth), benefiting from corporate demand for enterprise software and cloud services.
Annual recurring revenue (ARR) increased 11% from the prior year period(1)
Public cloud ARR...
Hey traders, TERADATA CORPORATION is in a bullish push with low traded buy volume and a hammer candle shape. The TIMEFRAME M1 makes us notice a dash with a low volume of purchase passed it goes towards the VWAP to test it which it leaves to break in force. And reach the top of a stabilization zone for a test of it, great propability of breaking out the price. Then...
I expect TDC to pop on earnings results (ER) tomorrow.
Guidance for the current quarter is lower because of contracts put on hold during the COVID peak.
Since their previous ER, they have a new CEO, with a lot of shares being issued around the 20.5 level.
I expect a lot of their customers to need analytics in order to understanding the changing reality due to...
Currently trading at a steal based on growth metrics. my model suggests a FY21 EBITDA Margin growth 19% for & FY21 FCF/share = $1.08
Currently trading at:
1.4x EV/Sales
7.9x EV/EBITDA
17% EBIDTA Margins
