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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Computers, peripherals, & software
Sub-IndustryTechnology Distributors
SectorRetail/Wholesale
SymbolNASDAQ:TECD
CUSIP87823710
Phone727-539-7429
Debt
Debt-to-Equity Ratio0.52
Current Ratio1.31
Quick Ratio0.88
Price-To-Earnings
Trailing P/E Ratio9.36
Forward P/E Ratio8.14
P/E Growth1.07
Sales & Book Value
Annual Sales$36.78 billion
Price / Sales0.09
Cash Flow$13.2043 per share
Price / Cash6.46
Book Value$76.57 per share
Price / Book1.11
Profitability
EPS (Most Recent Fiscal Year)$9.11
Net Income$116.64 million
Net Margins0.32%
Return on Equity12.41%
Return on Assets3.01%
Miscellaneous
Employees14,000
Outstanding Shares38,320,000
Market Cap$3.23 billion
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 were Tech Data's earnings last quarter?
Tech Data Corp (NASDAQ:TECD) released its earnings results on Thursday, May, 31st. The company reported $1.84 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.37. The company earned $8.54 billion during the quarter, compared to the consensus estimate of $8.13 billion. Tech Data had a return on equity of 12.41% and a net margin of 0.32%. Tech Data's quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.87 earnings per share. View Tech Data's Earnings History.
When is Tech Data's next earnings date?
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, 31st. The company provided earnings per share (EPS) guidance of $1.95-2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.10. The company issued revenue guidance of $8.6-8.9 billion, compared to the consensus revenue estimate of $8.58 billion.
What price target have analysts set for TECD?
8 brokers have issued 1 year price targets for Tech Data's stock. Their predictions range from $95.00 to $127.00. On average, they anticipate Tech Data's stock price to reach $110.2857 in the next twelve months. This suggests a possible upside of 29.3% from the stock's current price. View Analyst Price Targets for Tech Data.
What is the consensus analysts' recommendation for Tech Data?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tech Data in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tech Data.
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)
Has Tech Data been receiving favorable news coverage?
Media headlines about TECD stock have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tech Data earned a media and rumor sentiment score of 0.22 on Accern's scale. They also assigned news headlines about the company an impact score of 48.26 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Tech Data.
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 BlackRock Inc. (11.01%), Dimensional Fund Advisors LP (8.28%), FMR LLC (6.05%), LSV Asset Management (4.38%), Bank of New York Mellon Corp (2.34%) and Macquarie Group Ltd. (1.93%). 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, John A Tonnison, Joseph B Trepani, Joseph H Quaglia, 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 FMR LLC, Bank of America Corp DE, Assenagon Asset Management S.A., Schwab Charles Investment Management Inc., Janus Henderson Group PLC, Bank of New York Mellon Corp, Martingale Asset Management L P and Engine Capital Management LP. View Insider Buying and Selling for Tech Data.
Which institutional investors are buying Tech Data stock?
TECD stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., BTIM Corp., Acadian Asset Management LLC, LSV Asset Management, Dimensional Fund Advisors LP, Caisse DE Depot ET Placement DU Quebec, BlueMountain Capital Management LLC and Victory Capital Management 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 $85.30.
How big of a company is Tech Data?
Tech Data has a market capitalization of $3.23 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.
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)
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.
