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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 1.0%. By the end of trading, Teradata Corporation fell $0.48 (-1.1%) to $44.30 on light volume. Throughout the day, 1,907,862 shares of Teradata Corporation exchanged hands as compared to its average daily volume of 2,990,400 shares. The stock ranged in price between $43.90-$45.12 after having opened the day at $44.91 as compared to the previous trading day's close of $44.78. Other companies within the Computer Hardware industry that declined today were: Crossroads Systems ( CRDS), down 9.8%, OCZ Technology Group ( OCZ), down 6.5%, Overland Storage ( OVRL), down 3.9% and Silicon Graphics International ( SGI), down 2.8%.

Teradata Corporation provides analytic data solutions worldwide. The company offers data warehousing solutions that include software, hardware, and related business consulting and support services. Teradata Corporation has a market cap of $6.9 billion and is part of the technology sector. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7. Shares are down 27.6% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Teradata Corporation a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Teradata Corporation as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and deteriorating net income.

On the positive front, Xyratex ( XRTX), up 27.3%, voxeljet ( VJET), up 10.1%, Dot Hill Systems Corporation ( HILL), up 6.9% and 3D Systems Corporation ( DDD), up 5.2% , were all gainers within the computer hardware industry with Apple ( AAPL) 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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