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

$90.34
+0.80 (+0.89 %)
(As of 08/22/2019 04:00 PM ET)
Today's Range
$89.05
Now: $90.34
$91.14
50-Day Range
$85.76
MA: $96.38
$104.21
52-Week Range
$66.93
Now: $90.34
$111.08
Volume177,672 shs
Average Volume340,852 shs
Market Capitalization$3.30 billion
P/E Ratio7.94
Dividend YieldN/A
Beta1.14
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$17.0775 per share
Book Value$78.69 per share

Profitability

Net Income$340.58 million

Miscellaneous

Employees14,000
Market Cap$3.30 billion
Next Earnings Date8/29/2019 (Confirmed)
OptionableOptionable

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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 share repurchase program on Tuesday, October 2nd 2018, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 7.3% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its shares are undervalued.

How were Tech Data's earnings last quarter?

Tech Data Corp (NASDAQ:TECD) posted its quarterly earnings results on Thursday, May, 30th. The company reported $2.04 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.98 by $0.06. The business had revenue of $8.41 billion for the quarter, compared to analyst estimates of $8.45 billion. Tech Data had a net margin of 0.98% and a return on equity of 15.28%. Tech Data's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.84 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, August 29th 2019. View Earnings Estimates for Tech Data.

How can I listen to Tech Data's earnings call?

Tech Data will be holding an earnings conference call on Thursday, August 29th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774073980.

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

Tech Data issued an update on its second quarter earnings guidance on Thursday, May, 30th. The company provided EPS guidance of $2.15-2.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.29. The company issued revenue guidance of $8.6-8.9 billion, compared to the consensus revenue estimate of $8.95 billion.

What price target have analysts set for TECD?

4 equities research analysts have issued 1 year price objectives for Tech Data's shares. Their forecasts range from $80.00 to $110.00. On average, they expect Tech Data's share price to reach $98.75 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price. 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, 2 hold ratings and 1 buy rating 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 coverage about TECD stock has been trending positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news 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 positive five, with scores nearest to five being the most favorable. Tech Data earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Tech Data.

Are investors shorting Tech Data?

Tech Data saw a decrease in short interest in July. As of July 15th, there was short interest totalling 1,813,600 shares, a decrease of 6.6% from the June 15th total of 1,942,300 shares. Based on an average daily trading volume, of 280,500 shares, the days-to-cover ratio is currently 6.5 days. Currently, 4.9% of the company's shares 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 Alibaba Group (BABA), NVIDIA (NVDA), AbbVie (ABBV), salesforce.com (CRM), AT&T (T), Walt Disney (DIS), Cisco Systems (CSCO), Oracle (ORCL), Adobe (ADBE) and Activision Blizzard (ATVI).

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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.35%), Vanguard Group Inc. (10.56%), AQR Capital Management LLC (5.22%), LSV Asset Management (4.61%), Lyrical Asset Management LP (4.32%) and JPMorgan Chase & Co. (3.80%). 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 institutional investors are selling Tech Data stock?

TECD stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Man Group plc, AQR Capital Management LLC, Foundry Partners LLC, Lyrical Asset Management LP, Stone Ridge Asset Management LLC, LSV Asset Management and Wells Fargo & Company MN. 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 institutional investors are buying Tech Data stock?

TECD stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, JPMorgan Chase & Co., Invesco Ltd., Vanguard Group Inc., Grantham Mayo Van Otterloo & Co. LLC, CCM Investment Advisers LLC, APG Asset Management N.V. and Prudential Financial 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 $90.34.

How big of a company is Tech Data?

Tech Data has a market capitalization of $3.30 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:  374 (Vote Outperform)
Underperform Votes:  439 (Vote Underperform)
Total Votes:  813
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 8/22/2019 by MarketBeat.com Staff

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