NASDAQ:TECD - Tech Data Stock Price, Price Target & More

Tech Data trades on the NASDAQ under the ticker symbol "TECD."

Tech Data Corp (NASDAQ:TECD) released its earnings results on Thursday, May, 31st. The company reported $1.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.47 by $0.37. The firm earned $8.54 billion during the quarter, compared to analyst estimates of $8.13 billion. Tech Data had a net margin of 0.32% and a return on equity of 12.41%. The business's revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the business earned $1.87 EPS. View Tech Data's Earnings History.

Tech Data is scheduled to release their next quarterly earnings announcement on Thursday, August, 30th 2018. View Earnings Estimates for Tech Data.

Tech Data updated 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 earnings per share 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.

8 equities research analysts have issued 12 month target prices for Tech Data's shares. Their forecasts range from $95.00 to $127.00. On average, they expect Tech Data's share price to reach $110.2857 in the next year. This suggests a possible upside of 27.9% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Tech Data include SYNNEX (SNX), ePlus (PLUS), Presidio (PSDO), ScanSource (SCSC), Wayside Technology Group (WSTG), Applied Visual Sciences (APVS), Speed Commerce (SPDC) and SED International (SEDN).

Media headlines about TECD stock have been trending somewhat negative this week, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tech Data earned a media sentiment score of -0.03 on Accern's scale. They also assigned news coverage about the company an impact score of 46.91 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Tech Data's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.82%), Foundry Partners LLC (0.36%), Bank of Montreal Can (0.08%), Nisa Investment Advisors LLC (0.07%), Municipal Employees Retirement System of Michigan (0.02%) and Alpha Windward LLC (0.02%). 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.

TECD stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Tech Data.

TECD stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Peregrine Capital Management LLC, Nisa Investment Advisors LLC, Foundry Partners LLC, Alpha Windward LLC and Xact Kapitalforvaltning AB. View Insider Buying and Selling for 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.

One share of TECD stock can currently be purchased for approximately $86.24.

Tech Data has a market capitalization of $3.27 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.

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]