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

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$103.61 +0.46 (+0.45 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$103.15
Today's Range$103.09 - $104.37
52-Week Range$66.93 - $108.29
Volume195,772 shs
Average Volume423,341 shs
Market Capitalization$3.87 billion
P/E Ratio9.10
Dividend YieldN/A
Beta0.96
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$37.24 billion
Cash Flow$13.1485 per share
Book Value$78.69 per share

Profitability

Net Income$340.58 million

Miscellaneous

Employees14,000
Market Cap$3.87 billion
Next Earnings Date5/30/2019 (Estimated)
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 declared that its board has approved 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 shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

How were Tech Data's earnings last quarter?

Tech Data Corp (NASDAQ:TECD) released its earnings results on Thursday, March, 7th. The company reported $4.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.03 by $0.52. The company earned $10.47 billion during the quarter, compared to the consensus estimate of $10.63 billion. Tech Data had a return on equity of 15.17% and a net margin of 0.91%. The company's quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company posted $3.50 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, May 30th 2019. View Earnings Estimates for Tech Data.

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

Tech Data issued an update on its first quarter earnings guidance on Thursday, March, 7th. The company provided EPS guidance of $1.80-2.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.04. The company issued revenue guidance of $8.3-8.6 billion, compared to the consensus revenue estimate of $8.69 billion.Tech Data also updated its Q1 2020 guidance to $1.80-2.10 EPS.

What price target have analysts set for TECD?

4 brokers have issued 1-year price objectives for Tech Data's stock. Their forecasts range from $80.00 to $110.00. On average, they expect Tech Data's share price to reach $95.00 in the next twelve months. This suggests that the stock has a possible downside of 8.4%. View Analyst Price Targets for Tech Data.

What is the consensus analysts' recommendation for Tech Data?

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tech Data.

Has Tech Data been receiving favorable news coverage?

News articles about TECD stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tech Data earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Who are some of Tech Data's key competitors?

What other stocks do shareholders of Tech Data own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tech Data investors own include Alibaba Group (BABA), AbbVie (ABBV), Walt Disney (DIS), VMware (VMW), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), UnitedHealth Group (UNH), Walmart (WMT), Momo (MOMO) and Netflix (nflx).

Who are Tech Data's key executives?

Tech Data's management team includes the folowing people:
  • Mr. Robert M. Dutkowsky, Exec. Chairman (Age 64)
  • Mr. Richard T. Hume, CEO & Director (Age 59)
  • Mr. Charles V. Dannewitz, CFO & Exec. VP (Age 64)
  • Mr. David R. Vetter, Chief Legal Officer & Exec. VP (Age 59)
  • Mr. Patrick Zammit, Pres of Europe (Age 52)

Who are Tech Data's major shareholders?

Tech Data's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.98%), Dimensional Fund Advisors LP (8.58%), LSV Asset Management (4.61%), FMR LLC (4.11%), Macquarie Group Ltd. (2.47%) and Bank of New York Mellon Corp (2.44%). Company insiders that own Tech Data stock include Alain Amsellem, Beth E Simonetti, Charles E Adair, Charles V Dannewitz, David R Vetter, Harry J Harczak, Jr, Jeffrey Louis Taylor, John A Tonnison, Joseph H Quaglia, Michael Rabinovitch, Richard T Hume and Robert M Dutkowsky. View Institutional Ownership Trends for Tech Data.

Which institutional investors are selling Tech Data stock?

TECD stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., FMR LLC, Assenagon Asset Management S.A., Prudential Financial Inc., LSV Asset Management, Comerica Bank, Acadian Asset Management LLC and Hsbc Holdings PLC. Company insiders that have sold Tech Data company stock in the last year include Beth E Simonetti, Charles E Adair, Charles V Dannewitz, David R Vetter, John A Tonnison, Michael Rabinovitch and Robert M Dutkowsky. View Insider Buying and Selling for Tech Data.

Which institutional investors are buying Tech Data stock?

TECD stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Brandywine Global Investment Management LLC, Two Sigma Advisers LP, Millennium Management LLC, Raymond James & Associates, BlackRock Inc., Bank of America Corp DE and American Century Companies Inc.. 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 $103.66.

How big of a company is Tech Data?

Tech Data has a market capitalization of $3.87 billion and generates $37.24 billion in revenue each year. The company earns $340.58 million in net income (profit) each year or $11.38 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:  337 (Vote Outperform)
Underperform Votes:  400 (Vote Underperform)
Total Votes:  737
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 3/19/2019 by MarketBeat.com Staff

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