Log in

Tech Data Stock Price, Forecast & Analysis (NASDAQ:TECD)

$129.65
-0.33 (-0.25 %)
(As of 11/21/2019 08:00 AM ET)
Today's Range
$129.30
Now: $129.65
$130.27
50-Day Range
$102.03
MA: $119.57
$131.22
52-Week Range
$70.41
Now: $129.65
$131.70
Volume1.06 million shs
Average Volume374,827 shs
Market Capitalization$4.62 billion
P/E Ratio11.39
Dividend YieldN/A
Beta1.15
Tech Data Corporation operates as an IT distribution and solutions company. The company offers endpoint portfolio solutions, including personal computer systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, and consumer electronics. It also provides advanced portfolio solutions, such as data center technologies comprising storage, networking, servers, advanced technology software, and converged and hyper-converged infrastructure, as well as specialized solutions. Read More…

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$17.10 per share
Book Value$78.69 per share

Profitability

Net Income$340.58 million

Miscellaneous

Employees14,000
Market Cap$4.62 billion
Next Earnings Date12/5/2019 (Estimated)
OptionableOptionable

Receive TECD News and Ratings via Email

Sign-up to receive the latest news and ratings for TECD and its competitors with MarketBeat's FREE daily newsletter.


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 has initiated a share buyback plan on Tuesday, October 2nd 2018, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 7.3% of its stock through open market purchases. Stock repurchase plans are usually 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) announced its quarterly earnings data on Thursday, August, 29th. The company reported $2.69 EPS for the quarter, topping the Zacks' consensus estimate of $2.33 by $0.36. The business had revenue of $9.09 billion for the quarter, compared to analysts' expectations of $8.71 billion. Tech Data had a return on equity of 15.96% and a net margin of 0.98%. Tech Data's revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the prior year, the company earned $2.01 EPS. 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, December 5th 2019. View Earnings Estimates for Tech Data.

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

Tech Data updated its third quarter earnings guidance on Thursday, August, 29th. The company provided EPS guidance of $2.85-3.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.87. The company issued revenue guidance of $9.2-9.5 billion, compared to the consensus revenue estimate of $9.25 billion.

What price target have analysts set for TECD?

5 equities research analysts have issued 12-month price objectives for Tech Data's shares. Their forecasts range from $100.00 to $150.00. On average, they anticipate Tech Data's stock price to reach $116.00 in the next year. This suggests that the stock has a possible downside of 10.5%. View Analyst Price Targets for Tech Data.

What is the consensus analysts' recommendation for Tech Data?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tech Data in the last year. There are currently 2 hold ratings and 3 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?

Media coverage about TECD stock has trended positive on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tech Data earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Tech Data.

Are investors shorting Tech Data?

Tech Data saw a decrease in short interest in October. As of October 31st, there was short interest totalling 981,400 shares, a decrease of 28.9% from the September 30th total of 1,380,000 shares. Based on an average daily trading volume, of 358,200 shares, the days-to-cover ratio is currently 2.7 days. Currently, 2.8% 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?

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 AbbVie (ABBV), Alibaba Group (BABA), NVIDIA (NVDA), AT&T (T), Micron Technology (MU), Starbucks (SBUX), salesforce.com (CRM), Walt Disney (DIS), Activision Blizzard (ATVI) and Bristol-Myers Squibb (BMY).

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, Exec. VP & CFO (Age 64)
  • Mr. David R. Vetter, Exec. VP & Chief Legal Officer (Age 59)
  • Mr. Joseph H. Quaglia, Pres of the Americas (Age 54)

Who are Tech Data's major shareholders?

Tech Data's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include River Road Asset Management LLC (1.22%), Boston Trust Walden Corp (0.78%), Peregrine Capital Management LLC (0.53%), Robeco Institutional Asset Management B.V. (0.41%), Foundry Partners LLC (0.34%) and Shayne & CO. LLC (0.33%). Company insiders that own Tech Data stock include Beth E Simonetti, Charles E Adair, Charles V Dannewitz, David R Vetter, Harry J Harczak Jr, John A Tonnison, Joseph H Quaglia, Michael Rabinovitch, Patrick Zammit, 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 Massachusetts Financial Services Co. MA, Assenagon Asset Management S.A., Boston Trust Walden Corp, Empirical Finance LLC, Hancock Whitney Corp, Signition LP, Bailard Inc. and Convergence Investment Partners LLC. 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, Harry J Harczak Jr, John A Tonnison, Joseph H Quaglia, Michael Rabinovitch, Patrick Zammit, Robert M Dutkowsky and Thomas I Morgan. View Insider Buying and Selling for Tech Data.

Which major investors are buying Tech Data stock?

TECD stock was purchased by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, California Public Employees Retirement System, Alberta Investment Management Corp, Foundry Partners LLC, Sumitomo Mitsui Trust Holdings Inc., State of Tennessee Treasury Department, Robeco Institutional Asset Management B.V. and Hussman Strategic Advisors 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, Robinhood, Fidelity and Charles Schwab.

What is Tech Data's stock price today?

One share of TECD stock can currently be purchased for approximately $129.65.

How big of a company is Tech Data?

Tech Data has a market capitalization of $4.62 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.View Additional Information About Tech Data.

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:  407 (Vote Outperform)
Underperform Votes:  474 (Vote Underperform)
Total Votes:  881
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 11/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel