TDC

Teradata Corp

TMT


Presented:03/03/2022
Price:$47.44
Cap:$5.15B
Current Price:$32.00
Cap:$3.08B

Presented

Date03/03/2022
Price$47.44
Market Cap$5.15B
Ent Value$4.75B
P/E Ratio36.37x
Book Value$4.29
Div Yield0%
Shares O/S108.50M
Ave Daily Vol976,167
Short IntN/A

Current

Price$32.00
Market Cap$3.08B
Teradata Corp. is the cloud data analytics company. It is built for a multi-cloud reality and solving the data challenges at scale. The company was founded on July 13, 1979 and is headquartered in San Diego, CA.

Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Amazon.com Inc (AMZN), Gartner Inc (IT), Microsoft Corp (MSFT), Oracle Corp (ORCL), Snowflake Inc (SNOW), Teradata Corp (TDC)

Highlights

The presenter is long shares of Teradata Corp (TDC), which he describes as one of the last remaining midcap enterprise software companies that hasn’t been taken private. TDC has gone through a major transformation over the last decade, shifting from on-prem and hardware-focused to a cloud and hybrid software offering, yet he believes a negative investor legacy perception still exists and has weighed on valuation. There is also almost no buy-side following, and sell-side analysts seemingly always come up with new issues to justify changes of assumptions that support their Sell ratings as TDC continues to beat on expectations. If the company can continue to execute, he thinks the stock can double over the next few years, with 2/3 of the upside coming from multiple expansion and 1/3 from EBIT beats.

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Idea Discussion

Commentor 1 - 2 weeks ago

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