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.
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Industry, Sector and Symbol
Industry Computers, peripherals, & software
Sub-IndustryTechnology Distributors
SectorRetail/Wholesale
Phone727-539-7429
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$37.24 billion
Profitability
Miscellaneous
Employees14,000
Next Earnings Date3/5/2020 (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 permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 7.3% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its shares are undervalued.
How were Tech Data's earnings last quarter?
Tech Data Corp (NASDAQ:TECD) announced its quarterly earnings data on Tuesday, November, 26th. The company reported $3.02 EPS for the quarter, beating the Zacks' consensus estimate of $2.99 by $0.03. The company earned $9.12 billion during the quarter, compared to analyst estimates of $9.37 billion. The business's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.02 EPS. View Tech Data's Earnings History.
When is Tech Data's next earnings date?
What price target have analysts set for TECD?
4 equities research analysts have issued 1-year target prices for Tech Data's shares. Their forecasts range from $100.00 to $150.00. On average, they anticipate Tech Data's share price to reach $117.50 in the next twelve months. This suggests that the stock has a possible downside of 18.4%. 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 3 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?
Media headlines about TECD stock have been trending somewhat positive on Monday, according to InfoTrie. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tech Data earned a daily sentiment score of 1.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Tech Data.
Are investors shorting Tech Data?
Tech Data saw a drop in short interest in January. As of January 31st, there was short interest totalling 983,700 shares, a drop of 12.9% from the January 15th total of 1,130,000 shares. Based on an average daily volume of 637,500 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.8% of the shares of the company 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?
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 variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.42%), LSV Asset Management (2.90%), AQR Capital Management LLC (2.36%), Bank of New York Mellon Corp (1.41%), Prudential Financial Inc. (1.24%) and UBS Group AG (1.11%). 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, 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 AQR Capital Management LLC, LSV Asset Management, Goldman Sachs Group Inc., River Road Asset Management LLC, Prudential Financial Inc., Boston Trust Walden Corp, Panagora Asset Management Inc. and Schroder Investment Management Group. 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 acquired by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, UBS Group AG, CNH Partners LLC, Water Island Capital LLC, Bank of America Corp DE, IndexIQ Advisors LLC, Beryl Capital Management LLC and Marshall Wace LLP. 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 $144.05.
MarketBeat Community Rating for Tech Data (NASDAQ TECD)
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.
