Teradata Corporation (TDC): Today's Featured Computer Hardware Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Teradata Corporation ( TDC) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day up 1.2%. By the end of trading, Teradata Corporation fell $2.28 (-3.7%) to $59.27 on heavy volume. Throughout the day, 3.5 million shares of Teradata Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in price between $58.74-$61.20 after having opened the day at $61.20 as compared to the previous trading day's close of $61.55. Other companies within the Computer Hardware industry that declined today were: Mitek Systems ( MITK), down 4.8%, Radcom ( RDCM), down 4.7%, Palo Alto Networks ( PANW), down 2.6%, and Crossroads Systems Incorporated ( CRDS), down 2.5%.
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Teradata Corporation provides analytic data solutions worldwide. The company offers various data warehousing solutions that comprise software, hardware, and related business consulting and support services. Teradata Corporation has a market cap of $10.51 billion and is part of the technology sector. The company has a P/E ratio of 26.4, above the S&P 500 P/E ratio of 17.7. Shares are up 28.1% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Teradata Corporation a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Teradata Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, XRS ( XRSC), up 22.8%, iGo ( IGOI), up 22.3%, Dot Hill Systems Corporation ( HILL), up 14%, and Performance Technologies ( PTIX), up 10.5%, were all gainers within the computer hardware industry with EMC Corporation ( EMC) being today's featured computer hardware industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer hardware industry could consider iShares Dow Jones US Technology ( IYW) while those bearish on the computer hardware industry could consider ProShares Ultra Short Semiconductor ( SSG).

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