About Tech Data Corporation (NASDAQ:TECD)
Tech Data Corporation is a wholesale distributor of technology products. The Company serves as a link in the technology supply chain by bringing products from the technology vendors to market, as well as providing its customers with logistics capabilities and services. It operates through the segment of distributing technology products, logistics management and other value-added services. It operates in two geographic segments: the Americas and Europe. It provides resellers training and technical support suite of electronic commerce tools customized shipping documents product configuration or integration services and access to financing programs. Its customers include value-added resellers, direct marketers, retailers and corporate resellers who support the diverse technology needs of end users. It sells its products to customers in approximately 100 countries throughout North America, South America, Europe, the Middle East and Africa.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Computer & Electronics Retailers
- Sub-Industry: Technology Distributors
- Symbol: NASDAQ:TECD
- CUSIP: 87823710
- Web: www.techdata.com
- Market Cap: $3.45 billion
- Outstanding Shares: 38,149,000
- 50 Day Moving Avg: $88.81
- 200 Day Moving Avg: $96.92
- 52 Week Range: $74.07 - $111.10
Sales & Book Value:
- Trailing P/E Ratio: 17.45
- Foreward P/E Ratio: 8.74
- P/E Growth: 0.49
- Annual Revenue: $30.46 billion
- Price / Sales: 0.11
- Book Value: $71.63 per share
- Price / Book: 1.26
- EBITDA: $499.34 million
- Net Margins: 0.63%
- Return on Equity: 11.60%
- Return on Assets: 3.02%
- Debt-to-Equity Ratio: 0.66%
- Current Ratio: 1.34%
- Quick Ratio: 0.94%
- Average Volume: 565,094 shs.
- Beta: 0.78
- Short Ratio: 6.03
Frequently Asked Questions for Tech Data Corporation (NASDAQ:TECD)
What is Tech Data Corporation's stock symbol?
Tech Data Corporation trades on the NASDAQ under the ticker symbol "TECD."
How were Tech Data Corporation's earnings last quarter?
Tech Data Corporation (NASDAQ:TECD) announced its quarterly earnings data on Thursday, August, 31st. The company reported $1.74 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.06 by $0.32. The firm earned $8.88 billion during the quarter, compared to the consensus estimate of $8.74 billion. Tech Data Corporation had a return on equity of 11.60% and a net margin of 0.63%. The firm's revenue for the quarter was up 39.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.42 EPS. View Tech Data Corporation's Earnings History.
When will Tech Data Corporation make its next earnings announcement?
What guidance has Tech Data Corporation issued on next quarter's earnings?
Tech Data Corporation updated its FY18 earnings guidance on Tuesday, October, 10th. The company provided EPS guidance of $8.75-9.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.85. The company issued revenue guidance of $36-37 billion, compared to the consensus revenue estimate of $36.15 billion.
Where is Tech Data Corporation's stock going? Where will Tech Data Corporation's stock price be in 2017?
8 brokers have issued 12-month target prices for Tech Data Corporation's stock. Their forecasts range from $100.00 to $120.00. On average, they expect Tech Data Corporation's stock price to reach $109.33 in the next year. View Analyst Ratings for Tech Data Corporation.
Are investors shorting Tech Data Corporation?
Tech Data Corporation saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 1,982,894 shares, an increase of 42.3% from the August 31st total of 1,393,125 shares. Based on an average daily trading volume, of 1,376,957 shares, the short-interest ratio is currently 1.4 days. Approximately 5.7% of the company's stock are short sold.
Who are some of Tech Data Corporation's key competitors?
Some companies that are related to Tech Data Corporation include Herbalife LTD. (HLF), KAR Auction Services (KAR), Companhia Brasileira de Distribuicao (CBD), Macy's (M), Advance Auto Parts (AAP), Burlington Stores (BURL), Wayfair (W), TripAdvisor (TRIP), Dunkin' Brands Group (DNKN), Liberty Interactive Corporation (LVNTA), AutoNation (AN), Signet Jewelers Limited (SIG), Foot Locker (FL), Metro AG (MTTRY), Penske Automotive Group (PAG), Stamps.com (STMP), Wendy's Company (The) (WEN) and The Michaels Companies (MIK).
Who are Tech Data Corporation's key executives?
Tech Data Corporation's management team includes the folowing people:
- Robert M. Dutkowsky, Chief Executive Officer, Director
- Charles V. Dannewitz, Chief Financial Officer, Executive Vice President
- Joseph H. Quaglia, President, the Americas
- Patrick Zammit, President, Europe
- Richard T. Hume, Chief Operating Officer, Executive Vice President
- Beth E. Simonetti, Chief Human Resource Officer, Executive Vice President
- John A. Tonnison, Executive Vice President, Chief Information Officer
- David R. Vetter, Executive Vice President, Chief Legal Officer
- Jeffrey L. Taylor, Senior Vice President, Corporate Controller
- Joseph B. Trepani, Senior Vice President and Chief Financial Officer, the Americas
Who owns Tech Data Corporation stock?
Tech Data Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Nationwide Fund Advisors (0.39%), APG Asset Management N.V. (0.14%), Shell Asset Management Co. (0.10%), Northpointe Capital LLC (0.08%), Strs Ohio (0.04%) and State Treasurer State of Michigan (0.03%). Company insiders that own Tech Data Corporation stock include Alain Amsellem, Charles E Adair, Charles V Dannewitz, David M Upton, David R Vetter, Harry J Harczak, Jr, Jeffrey Louis Taylor, John A Tonnison, Joseph B Trepani, Joseph H Quaglia, Nestor Cano, Robert M Dutkowsky, Steven A Raymund and Thomas I Morgan. View Institutional Ownership Trends for Tech Data Corporation.
Who sold Tech Data Corporation stock? Who is selling Tech Data Corporation stock?
Tech Data Corporation's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. Company insiders that have sold Tech Data Corporation stock in the last year 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, Robert M Dutkowsky and Thomas I Morgan. View Insider Buying and Selling for Tech Data Corporation.
Who bought Tech Data Corporation stock? Who is buying Tech Data Corporation stock?
Tech Data Corporation's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Northpointe Capital LLC, Nationwide Fund Advisors, Shell Asset Management Co., Eqis Capital Management Inc., SpiderRock Advisors LLC and Strs Ohio. View Insider Buying and Selling for Tech Data Corporation.
How do I buy Tech Data Corporation stock?
Shares of Tech Data Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tech Data Corporation's stock price today?
MarketBeat Community Rating for Tech Data Corporation (NASDAQ TECD)MarketBeat's community ratings are surveys of what our community members think about Tech Data Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Tech Data Corporation stock can currently be purchased for approximately $90.35.
Consensus Ratings for Tech Data Corporation (NASDAQ:TECD) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 7 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.88)|
|Consensus Price Target: ||$109.33 (21.01% upside)|Consensus Price Target History for Tech Data Corporation (NASDAQ:TECD)
Analysts' Ratings History for Tech Data Corporation (NASDAQ:TECD)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||Needham & Company LLC||Boost Price Target||Buy -> Buy||$100.00 -> $102.00||N/A|
|10/6/2017||Pivotal Research||Initiated Coverage||Buy -> Buy||$114.00||N/A|
|9/5/2017||Northcoast Research||Upgrade||Neutral -> Buy||High|
|9/1/2017||Loop Capital||Reiterated Rating||Buy||$130.00 -> $120.00||Low|
|9/1/2017||Stifel Nicolaus||Lower Price Target||Buy||$115.00 -> $110.00||High|
|9/1/2017||Citigroup Inc.||Reiterated Rating||Neutral -> Hold||$100.00||High|
|6/1/2017||Bank of America Corporation||Reiterated Rating||Buy||$110.00||Low|
|1/3/2017||Brean Capital||Reiterated Rating||Buy||N/A|
|6/29/2016||Raymond James Financial, Inc.||Reiterated Rating||Market Perform||N/A|
Earnings History for Tech Data Corporation (NASDAQ:TECD)Earnings History by Quarter for Tech Data Corporation (NASDAQ TECD)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/31/2017||Q2 2018||$2.06||$1.74||$8.74 billion||$8.88 billion||View||N/A|
|6/1/2017||Q1 18||$1.34||$1.87||$7.31 billion||$7.66 billion||View||Listen|
|3/8/2017||Q4 2017||$2.17||$2.45||$7.50 billion||$7.43 billion||View||Listen|
|11/22/2016||Q317||$1.26||$1.44||$6.36 billion||$6.49 billion||View||Listen|
|8/25/2016||Q217||$1.43||$1.42||$6.63 billion||$6.35 billion||View||Listen|
|5/26/2016||Q117||$0.94||$1.05||$5.98 billion||$5.96 billion||View||Listen|
|3/3/2016||Q416||$2.09||$2.29||$7.11 billion||$7.48 billion||View||Listen|
|11/24/2015||Q316||$1.42||$1.28||$6.53 billion||$6.43 billion||View||Listen|
|8/20/2015||Q216||$0.96||$1.43||$6.07 billion||$6.58 billion||View||Listen|
|5/28/2015||Q116||$0.69||$0.80||$5.63 billion||$5.89 billion||View||Listen|
|3/19/2015||Q415||$2.03||$1.96||$7.67 billion||$7.34 billion||View||Listen|
|11/25/2014||Q315||$1.02||$1.18||$6.79 billion||$6.76 billion||View||Listen|
|8/26/2014||Q215||$0.77||$1.12||$6.75 billion||$6.84 billion||View||N/A|
|5/29/2014||Q115||$0.92||$0.72||$6.48 billion||$6.73 billion||View||N/A|
|4/9/2014||Q414||$1.93||$2.10||$7.98 billion||$7.97 billion||View||N/A|
|2/25/2014||Q314||$1.02||$1.04||$6.43 billion||$6.37 billion||View||N/A|
|3/4/2013||Q4 2013||$1.76||$1.48||$7.22 billion||$7.46 billion||View||N/A|
Earnings Estimates for Tech Data Corporation (NASDAQ:TECD)
2017 EPS Consensus Estimate: $5.94
2018 EPS Consensus Estimate: $7.87
2019 EPS Consensus Estimate: $10.46
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Tech Data Corporation (NASDAQ:TECD)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Tech Data Corporation (NASDAQ:TECD)
Insider Ownership Percentage: 1.60%Insider Trades by Quarter for Tech Data Corporation (NASDAQ:TECD)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/14/2017||Alain Amsellem||CFO||Sell||1,648||$106.31||$175,198.88|| |
|7/11/2017||Alain Amsellem||CFO||Sell||1,000||$104.63||$104,630.00|| |
|6/22/2017||Robert M. Dutkowsky||CEO||Sell||20,000||$100.08||$2,001,600.00|| |
|6/20/2017||Harry J. Harczak, Jr.||Director||Sell||1,440||$98.83||$142,315.20|| |
|6/12/2017||David R. Vetter||VP||Sell||6,000||$100.26||$601,560.00|| |
|6/8/2017||Joseph H. Quaglia||Insider||Sell||4,800||$103.00||$494,400.00|| |
|4/3/2017||Charles V Dannewitz||CFO||Sell||2,024||$94.16||$190,579.84|| |
|3/23/2017||Jeffrey Louis Taylor||SVP||Sell||1,000||$91.23||$91,230.00|| |
|3/22/2017||Harry J. Harczak, Jr.||Director||Sell||2,200||$91.72||$201,784.00|| |
|3/15/2017||Joseph B Trepani||CFO||Sell||3,500||$95.25||$333,375.00|| |
|3/13/2017||Charles E. Adair||Director||Sell||3,323||$94.01||$312,395.23|| |
|1/13/2017||Thomas I. Morgan||Director||Sell||2,500||$85.50||$213,750.00|| |
|12/19/2016||Charles V Dannewitz||CFO||Sell||2,500||$88.43||$221,075.00|| |
|12/2/2016||Alain Amsellem||CFO||Sell||3,467||$85.50||$296,428.50|| |
|11/25/2016||John A Tonnison||Insider||Sell||2,515||$86.52||$217,597.80|| |
|3/31/2016||Nestor Cano||Insider||Sell||5,498||$76.95||$423,071.10|| |
|3/17/2016||Steven A Raymund||Director||Sell||50,000||$77.39||$3,869,500.00|| |
|3/14/2016||Steven A Raymund||Director||Sell||8,994||$77.00||$692,538.00|| |
|3/11/2016||Alain Amsellem||CFO||Sell||2,934||$76.62||$224,803.08|| |
|3/11/2016||Robert M Dutkowsky||CEO||Sell||14,000||$76.21||$1,066,940.00|| |
|3/11/2016||Steven A Raymund||Director||Sell||33,869||$77.44||$2,622,815.36|| |
|3/9/2016||Steven A Raymund||Director||Sell||7,137||$77.10||$550,262.70|| |
|3/8/2016||David M Upton||Director||Sell||3,000||$76.55||$229,650.00|| |
|1/13/2016||David M Upton||Director||Sell||1,572||$61.66||$96,929.52|| |
|10/7/2015||Alain Amsellem||CFO||Sell||2,755||$73.84||$203,429.20|| |
|10/6/2015||David M Upton||Director||Sell||1,500||$72.22||$108,330.00|| |
|9/21/2015||Robert M Dutkowsky||CEO||Sell||10,000||$70.46||$704,600.00|| |
|9/18/2015||Joseph B Trepani||SVP||Sell||5,000||$70.00||$350,000.00|| |
|9/17/2015||David R Vetter||SVP||Sell||5,000||$71.90||$359,500.00|| |
|9/11/2015||Alain Amsellem||CFO||Sell||1,951||$68.00||$132,668.00|| |
|8/27/2015||Alain Amsellem||CFO||Sell||2,391||$63.73||$152,378.43|| |
|8/27/2015||Steven A Raymund||Director||Sell||100,000||$63.61||$6,361,000.00|| |
|6/8/2015||Harry J Harczak Jr||Director||Sell||1,700||$61.58||$104,686.00|| |
|6/5/2015||Nestor Cano||Insider||Sell||13,761||$62.34||$857,860.74|| |
|12/23/2014||Steven A Raymund||Director||Sell||44,055||$63.11||$2,780,311.05|| |
|12/22/2014||Steven A Raymund||Director||Sell||28,945||$62.39||$1,805,878.55|| |
|12/12/2014||Kst Industries Inc||Insider||Buy||11,500||$0.45||$5,117.50|
|12/12/2014||Thomas Richmond Spencer||Director||Buy||1,500||$0.46||$690.00|
|12/10/2014||Charles E Adair||Director||Sell||4,113||$63.01||$259,160.13|| |
|12/8/2014||Thomas I Morgan||Director||Sell||8,000||$62.69||$501,520.00|| |
|7/8/2014||Alain Amsellem||CFO||Sell||3,145||$64.34||$202,349.30|| |
|6/12/2014||Thomas Richmond Spencer||Director||Buy||10,000||$0.79||$7,900.00|| |
|5/22/2014||Derek Michael Ridout||Director||Buy||4,500||$0.84||$3,780.00|| |
|4/15/2014||Steven Raymund||Director||Sell||54,762||$62.15||$3,403,458.30|| |
|4/14/2014||Alain Amsellem||CFO||Sell||7,000||$61.33||$429,310.00|| |
|4/14/2014||John Tonnison||EVP||Sell||5,000||$62.00||$310,000.00|| |
|4/14/2014||Robert Dutkowsky||CEO||Sell||40,000||$61.65||$2,466,000.00|| |
|4/14/2014||Steven Raymund||Director||Sell||60,000||$61.40||$3,684,000.00|| |
|4/11/2014||Charles Dannewitz||CFO||Sell||15,700||$61.53||$966,021.00|| |
|4/11/2014||David Upton||Director||Sell||4,000||$60.64||$242,560.00|| |
|4/11/2014||Joseph Trepani||SVP||Sell||11,935||$60.88||$726,602.80|| |
|4/11/2014||Nestor Cano||Insider||Sell||34,041||$60.76||$2,068,331.16|| |
|3/10/2014||John Greenhough||Director||Buy||14,000||$0.69||$9,660.00|| |
Headline Trends for Tech Data Corporation (NASDAQ:TECD)
Latest Headlines for Tech Data Corporation (NASDAQ:TECD)
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Tech Data Corporation (TECD) Chart for Tuesday, October, 24, 2017