NASDAQ:TECD - Tech Data Stock Price, News, & Analysis

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$69.58 +1.08 (+1.58 %)
(As of 10/15/2018 04:54 AM ET)
Previous Close$69.58
Today's Range$68.26 - $70.01
52-Week Range$68.26 - $108.62
Volume321,538 shs
Average Volume400,199 shs
Market Capitalization$2.74 billion
P/E Ratio7.64
Dividend YieldN/A
Beta0.74
Tech Data Corporation engages in the wholesale distribution of technology products. It offers endpoint portfolio solutions, including PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, and consumer electronics; and advanced portfolio solutions, such as storage, networking, servers, advanced technology software, and converged and hyper-converged infrastructure, as well as specialized solutions. The company serves value-added resellers, direct marketers, retailers, and corporate resellers. Tech Data Corporation sells its products to customers in approximately 100 countries in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company was founded in 1974 and is headquartered in Clearwater, Florida.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Computers, peripherals, & software
Sub-IndustryTechnology Distributors
SectorRetail/Wholesale
SymbolNASDAQ:TECD
CUSIP87823710
Phone727-539-7429

Debt

Debt-to-Equity Ratio0.49
Current Ratio1.28
Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio7.64
Forward P/E Ratio6.99
P/E Growth0.95

Sales & Book Value

Annual Sales$36.78 billion
Price / Sales0.07
Cash Flow$12.6971 per share
Price / Cash5.48
Book Value$76.57 per share
Price / Book0.91

Profitability

EPS (Most Recent Fiscal Year)$9.11
Net Income$116.64 million
Net Margins0.39%
Return on Equity12.67%
Return on Assets3.07%

Miscellaneous

Employees14,000
Outstanding Shares38,350,000
Market Cap$2.74 billion

Tech Data (NASDAQ:TECD) Frequently Asked Questions

What is Tech Data's stock symbol?

Tech Data trades on the NASDAQ under the ticker symbol "TECD."

How will Tech Data's stock buyback program work?

Tech Data announced that its Board of Directors has initiated a stock repurchase program on Tuesday, October 2nd 2018, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 7.3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

How were Tech Data's earnings last quarter?

Tech Data Corp (NASDAQ:TECD) issued its quarterly earnings results on Thursday, August, 30th. The company reported $2.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.11 by $0.10. The firm had revenue of $8.89 billion for the quarter, compared to analyst estimates of $8.73 billion. Tech Data had a net margin of 0.39% and a return on equity of 12.67%. The business's quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.74 earnings per share. View Tech Data's Earnings History.

When is Tech Data's next earnings date?

Tech Data is scheduled to release their next quarterly earnings announcement on Monday, November 26th 2018. View Earnings Estimates for Tech Data.

What guidance has Tech Data issued on next quarter's earnings?

Tech Data issued an update on its third quarter earnings guidance on Thursday, August, 30th. The company provided earnings per share guidance of $2.00-2.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.39. The company issued revenue guidance of $8.7-9.0 billion, compared to the consensus revenue estimate of $8.85 billion.

What price target have analysts set for TECD?

7 analysts have issued 1-year target prices for Tech Data's shares. Their forecasts range from $80.00 to $127.00. On average, they expect Tech Data's share price to reach $101.1667 in the next twelve months. This suggests a possible upside of 45.4% from the stock's current price. View Analyst Price Targets for Tech Data.

What is the consensus analysts' recommendation for Tech Data?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tech Data in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tech Data.

Are investors shorting Tech Data?

Tech Data saw a increase in short interest in September. As of September 14th, there was short interest totalling 1,271,298 shares, an increase of 59.3% from the August 31st total of 798,040 shares. Based on an average trading volume of 457,557 shares, the short-interest ratio is currently 2.8 days. Currently, 3.4% of the shares of the stock are short sold. View Tech Data's Current Options Chain.

Who are some of Tech Data's key competitors?

Who are Tech Data's key executives?

Tech Data's management team includes the folowing people:
  • Mr. Richard T. Hume, CEO & Director (Age 58)
  • Mr. Charles V. Dannewitz, CFO & Exec. VP (Age 63)
  • Mr. David R. Vetter, Chief Legal Officer & Exec. VP (Age 58)
  • Mr. Patrick Zammit, Pres of Europe (Age 51)
  • Mr. Robert M. Dutkowsky, Exec. Chairman (Age 63)

Who are Tech Data's major shareholders?

Tech Data's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.11%) and Jaffetilchin Investment Partners LLC (0.01%). Company insiders that own Tech Data stock include Alain Amsellem, Charles E Adair, Charles V Dannewitz, David R Vetter, Harry J Harczak, Jr, Jeffrey Louis Taylor, John A Tonnison, Joseph B Trepani, Joseph H Quaglia, Richard T Hume, Robert M Dutkowsky and Thomas I Morgan. View Institutional Ownership Trends for Tech Data.

Which major investors are buying Tech Data stock?

TECD stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Jaffetilchin Investment Partners LLC. View Insider Buying and Selling for Tech Data.

How do I buy shares of Tech Data?

Shares of TECD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Tech Data's stock price today?

One share of TECD stock can currently be purchased for approximately $69.58.

How big of a company is Tech Data?

Tech Data has a market capitalization of $2.74 billion and generates $36.78 billion in revenue each year. The company earns $116.64 million in net income (profit) each year or $9.11 on an earnings per share basis. Tech Data employs 14,000 workers across the globe.

What is Tech Data's official website?

The official website for Tech Data is http://www.techdata.com.

How can I contact Tech Data?

Tech Data's mailing address is 5350 TECH DATA DRIVE, CLEARWATER FL, 33760. The company can be reached via phone at 727-539-7429 or via email at [email protected]


MarketBeat Community Rating for Tech Data (NASDAQ TECD)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  280 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  618
MarketBeat's community ratings are surveys of what our community members think about Tech Data and other stocks. Vote "Outperform" if you believe TECD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TECD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/15/2018 by MarketBeat.com Staff

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