Teradata Corporation: Up 127% This Year & Institutions Still Love This Global Big Data Play

Teradata Corporation:今年上涨127%&机构仍爱这场全球大数据游戏

2021-08-25 22:00:17 PROFIT

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One of the most discussed technology segments over the last few years has been the big data solutions space. That’s not surprising, given that companies need to generate advanced insights from their hoards of data to deliver better decisions. According to MarketsandMarkets, the global big data market could surge to $229.4 billion by 2025. And that means big opportunities for the developers of data analytics. (Source: “Big Data Market by Component, Deployment Mode, Organization Size, Business Function (Operations, Finance, and Marketing and Sales), Industry Vertical (BFSI, Manufacturing, and Healthcare and Life Sciences), and Region – Global Forecast to 2025,” MarketsandMarkets Research Private Ltd., last accessed August 24, 2021.) In the mid-cap space, one of the top gainers this year has been Teradata Corporation (NYSE:TDC). Its shares are up by a whopping 127%. The company’s multi-cloud enterprise data warehouse enables companies to analyze their data and provide advanced insights. Teradata stock broke out for a long accumulation channel in January, triggered by the surfacing of a golden cross, a bullish crossover pattern that arises when the 50-day moving average moves above the 200-day moving average. TDC stock spiked with an upside trade gap to a five-year high of $59.58 in February. After retrenching below $40.00 in March and April, Teradata stock recovered and is rallying near its February high. TDC stock has launched multiple attempts to retest its high, and it could break out above $60.00. On the downside, the risk is support around $40.00. Chart courtesy of StockCharts.com At first glance, Teradata Corporation’s five-year revenue picture doesn’t jump out. The company’s revenues fell in three of the last four years, to a five-year low in 2020. (Source: “Teradata Corp.” MarketWatch, last accessed August 24, 2021.) But there is some optimism. Teradata is expected to grow its revenues by 4.7% to $1.9 billion this year and by 3.3% to $2.0 billion in 2022. (Source: “Teradata Corporation (NYSE:TDC),” Yahoo! Finance, last accessed August 24, 2021.) While I would like to see higher revenue growth rates, it’s a start. Moreover, Teradata produced earnings before interest, taxes, depreciation, and amortization (EBITDA) income in five consecutive years. After three years of declining EBITDA, the company came back with a strong 2020. (Source: MarketWatch, op. cit.) Teradata Corporation’s profitability on a generally accepted accounting principles (GAAP) basis has been mixed, but the company delivered impressive diluted earnings per share (EPS) of $1.16 in 2020, a major reversal from its GAPP diluted EPS loss in 2019. Teradata beat the consensus EPS estimates in the last five straight quarters. (Source: MarketWatch, op. cit.) The company’s profitability outlook is bullish, with Teradata Corporation’s consensus adjusted EPS estimate rising. Based on the expectations, its forward five-year compound annual growth rate (CAGR) for earnings is expected to rise to 22%, versus -18.0% over the past five years. Analysts estimate that Teradata will report an adjusted $1.97 per diluted share this year, compared to $1.31 in 2020. The following year is expected to be flat, with a consensus estimate of $1.99 per diluted share. (Source: Yahoo! Finance, op. cit.) Teradata has been a free cash flow machine, producing a three-year high of $223.0 million in 2020, up by 137.2% from 2019. (Source: MarketWatch, op. cit.) Financial liquidity is not an issue at the company. Teradata Corporation held debt of $649.0 million and cash of $684.0 million at the end of June. (Source: Yahoo! Finance, op. cit.) Institutions and investors have been buying TDC stock. As of July, 459 institutions held a 94% interest in Teradata stock. Insiders have also been buying shares. Over the last six months, insiders added a net 354,137 shares of Teradata Corporation to their portfolios. (Source: Ibid.) Trading at 2.8 times its consensus 2022 revenue estimate, Teradata Corporation doesn’t look stretched in the current high-valuation market and is worth a look, especially on price weakness.
在过去的几年里,讨论最多的技术领域之一是大数据解决方案领域。这并不奇怪,因为公司需要从他们的数据仓库中产生先进的洞察力来提供更好的决策。 根据MarketsandMarkets的数据,到2025年,全球大数据市场可能会飙升至2294亿美元。这对数据分析的开发者来说意味着巨大的机会。(来源:“按组件、部署模式、组织规模、业务功能(运营、财务、营销和销售)、行业垂直(BFSI、制造业、医疗保健和生命科学)和地区划分的大数据市场--到2025年的全球预测,”MarketsandMarkets Research Private Ltd.上次访问是在2021年8月24日。) 在中型股市场,今年涨幅最大的公司之一是Teradata Corporation(纽约证券交易所代码:TDC)。它的股票上涨了127%。 该公司的多云企业数据仓库使公司能够分析他们的数据,并提供先进的洞察力。 Teradata股票在1月份爆发了一个长期积累通道,这是由黄金十字交叉引发的,黄金十字交叉是当50天移动平均线移动到200天移动平均线上方时出现的看涨交叉模式。 贸易发展局股票在2月份因贸易逆差上升而飙升至59.58美元的五年高点。Teradata股票在3月和4月跌破40.00美元后复苏,并在2月份高点附近反弹。 贸发局股票多次尝试重新测试高点,可能突破60.00美元。 下行方面,风险支撑在40.00美元附近。 图表由stockcharts.com提供 乍一看,Teradata公司的五年收入状况并不理想。该公司的收入在过去四年中有三年下降,2020年降至五年低点。 (来源:“Teradata Corp.”MarketWatch,最后一次访问是2021年8月24日。) 但也有一些乐观情绪。Teradata预计今年收入将增长4.7%,至19亿美元,2022年将增长3.3%,至20亿美元。(来源:“Teradata Corporation(NYSE:TDC)”,雅虎!财经,最后一次访问是2021年8月24日。) 虽然我希望看到更高的收入增长率,但这只是一个开始。 此外,Teradata连续五年产生利息、税项、折旧及摊销前收益(EBITDA)。在经历了三年的EBITDA下降后,该公司以强劲的2020年卷土重来。 (资料来源:MarketWatch,同前) Teradata Corporation在公认会计原则(GAAP)基础上的盈利能力喜忧参半,但该公司在2020年实现了令人印象深刻的每股摊薄收益(EPS)1.16美元,与2019年GAPP摊薄每股收益亏损相比出现了重大逆转。 Teradata连续五个季度超过了每股收益的普遍预期。 (资料来源:MarketWatch,同前) 随着Teradata Corporation一致调整后的每股收益估计上升,该公司的盈利前景看好。基于上述预期,其未来五年盈利复合年增长率(CAGR)预计将升至22%,而过去五年为-18.0%。 分析师估计,Teradata今年将报告调整后每股摊薄股份1.97美元,而2020年为1.31美元。预计接下来的一年将持平,共识估计为每股摊薄股份1.99美元。(来源:Yahoo!Finance,同前) Teradata一直是一台自由现金流机器,2020年创造了2.23亿美元的三年新高,比2019年增长了137.2%。 (资料来源:MarketWatch,同前) 财务流动性不是公司的问题。截至6月底,Teradata Corporation持有6.49亿美元的债务和6.84亿美元的现金。(来源:Yahoo!Finance,同前) 机构和投资者一直在买入贸发局的股票。截至7月,459家机构持有Teradata股票94%的权益。内部人士也一直在购买股票。在过去的六个月里,内部人士在他们的投资组合中净增加了354,137股Teradata Corporation的股票。(资料来源:同上) Teradata Corporation的股价是其2022年共识收入预期的2.8倍,在目前的高估值市场上,它看起来并不紧张,值得一看,尤其是在价格疲软的情况下。

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