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

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$83.91 -1.96 (-2.28 %)
(As of 12/9/2018 04:00 PM ET)
Previous Close$83.91
Today's Range$83.12 - $86.88
52-Week Range$66.93 - $108.62
Volume522,250 shs
Average Volume654,271 shs
Market Capitalization$3.22 billion
P/E Ratio9.21
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
Current SymbolNASDAQ:TECD
Previous Symbol
CUSIP87823710
Phone727-539-7429

Debt

Debt-to-Equity Ratio0.46
Current Ratio1.24
Quick Ratio0.85

Price-To-Earnings

Trailing P/E Ratio9.21
Forward P/E Ratio7.84
P/E Growth0.9

Sales & Book Value

Annual Sales$36.78 billion
Price / Sales0.09
Cash Flow$13.0701 per share
Price / Cash Flow6.42
Book Value$74.00 per share
Price / Book1.13

Profitability

EPS (Most Recent Fiscal Year)$9.11
Net Income$116.64 million
Net Margins0.59%
Return on Equity13.92%
Return on Assets3.30%

Miscellaneous

Employees14,000
Outstanding Shares38,350,000
Market Cap$3.22 billion
OptionableOptionable

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 approved a share repurchase program on Tuesday, October 2nd 2018, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Tech Data's earnings last quarter?

Tech Data Corp (NASDAQ:TECD) announced its quarterly earnings results on Thursday, November, 29th. The company reported $3.02 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.17 by $0.85. The business had revenue of $9.34 billion for the quarter, compared to the consensus estimate of $8.92 billion. Tech Data had a net margin of 0.59% and a return on equity of 13.92%. The firm's revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.00 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 Thursday, March 14th 2019. View Earnings Estimates for Tech Data.

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

Tech Data updated its fourth quarter earnings guidance on Thursday, November, 29th. The company provided EPS guidance of $3.90-4.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.77. The company issued revenue guidance of $10.5-10.9 billion, compared to the consensus revenue estimate of $10.28 billion.Tech Data also updated its Q4 2019 guidance to $3.90-4.20 EPS.

What price target have analysts set for TECD?

6 Wall Street analysts have issued 12-month target prices for Tech Data's shares. Their predictions range from $80.00 to $127.00. On average, they anticipate Tech Data's stock price to reach $102.8333 in the next year. This suggests a possible upside of 22.6% from the stock's current price. View Analyst Price Targets for Tech Data.

What is the consensus analysts' recommendation for Tech Data?

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

Has Tech Data been receiving favorable news coverage?

News headlines about TECD stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tech Data earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term.

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 a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.42%), Vanguard Group Inc. (9.06%), Dimensional Fund Advisors LP (8.25%), FMR LLC (5.51%), LSV Asset Management (4.62%) and Lyrical Asset Management LP (4.49%). 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, 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 selling Tech Data stock?

TECD stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Acadian Asset Management LLC, Russell Investments Group Ltd., Teachers Advisors LLC, Advisory Research Inc., Schroder Investment Management Group, United Services Automobile Association and Wells Fargo & Company MN. View Insider Buying and Selling for Tech Data.

Which major investors are buying Tech Data stock?

TECD stock was bought by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Assenagon Asset Management S.A., Prudential Financial Inc., Macquarie Group Ltd., BlackRock Inc., Matarin Capital Management LLC, AQR Capital Management LLC and Engine Capital Management LP. 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 $83.91.

How big of a company is Tech Data?

Tech Data has a market capitalization of $3.22 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:  307 (Vote Outperform)
Underperform Votes:  365 (Vote Underperform)
Total Votes:  672
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 12/9/2018 by MarketBeat.com Staff

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