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) issued 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 company had revenue of $8.54 billion for the quarter, compared to analysts' expectations of $8.13 billion. Tech Data had a net margin of 0.32% and a return on equity of 12.41%. The firm's quarterly revenue was up 21.6% on a year-over-year basis. During the same period in the prior 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 Wednesday, August, 29th 2018. View Earnings Estimates for Tech Data.

Tech Data issued an update on its second quarter earnings guidance on Thursday, May, 31st. The company provided earnings per share 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 analysts have issued 12 month price targets for Tech Data's shares. Their forecasts range from $95.00 to $127.00. On average, they anticipate Tech Data's share price to reach $110.2857 in the next year. View Analyst Ratings for Tech Data.

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

Press coverage about TECD stock has been trending somewhat negative this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. 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 coverage optimism score of -0.04 on Accern's scale. They also assigned news stories about the company an impact score of 48.87 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Tech Data's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.19%), Dimensional Fund Advisors LP (7.96%), LSV Asset Management (3.94%), JPMorgan Chase & Co. (2.11%), Northern Trust Corp (1.72%) and Victory Capital Management Inc. (1.63%). 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 Victory Capital Management Inc., Millennium Management LLC, JPMorgan Chase & Co., American Century Companies Inc., Russell Investments Group Ltd., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Mesirow Financial Investment Management Equity Management and Allianz Asset Management GmbH. Company insiders that have sold Tech Data company stock in the last year include Alain Amsellem and Richard T Hume. View Insider Buying and Selling for Tech Data.

TECD stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Matarin Capital Management LLC, Schwab Charles Investment Management Inc., Comerica Bank, Dimensional Fund Advisors LP, Citigroup Inc., Ontario Teachers Pension Plan Board and Prudential Financial Inc.. 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 $84.92.

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]