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

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$98.71 -1.81 (-1.80 %)
(As of 05/20/2019 08:36 AM ET)
Previous Close$100.52
Today's Range$98.21 - $100.63
52-Week Range$66.93 - $111.08
Volume206,200 shs
Average Volume202,674 shs
Market Capitalization$3.64 billion
P/E Ratio8.67
Dividend YieldN/A
Beta0.96
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. The company serves value-added resellers, direct marketers, retailers, corporate resellers, and managed service providers. It sells its products to customers in approximately 100 countries in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific region. The company was founded in 1974 and is headquartered in Clearwater, Florida.

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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$17.2269 per share
Book Value$78.69 per share

Profitability

Net Income$340.58 million

Miscellaneous

Employees14,000
Market Cap$3.64 billion
Next Earnings Date5/30/2019 (Confirmed)
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 initiated a share repurchase plan on Tuesday, October 2nd 2018, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 7.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

How were Tech Data's earnings last quarter?

Tech Data Corp (NASDAQ:TECD) announced its quarterly earnings data on Thursday, March, 7th. The company reported $4.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.03 by $0.52. The company earned $10.47 billion during the quarter, compared to the consensus estimate of $10.63 billion. Tech Data had a net margin of 0.91% and a return on equity of 15.17%. The business's revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm earned $3.50 EPS. 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, May 30th 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, May 30th 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 first quarter earnings guidance on Thursday, March, 7th. The company provided EPS guidance of $1.80-2.10 for the period, compared to the Thomson Reuters consensus estimate of $2.04. The company issued revenue guidance of $8.3-8.6 billion, compared to the consensus revenue estimate of $8.69 billion.Tech Data also updated its Q1 2020 guidance to $1.80-2.10 EPS.

What price target have analysts set for TECD?

5 equities research analysts have issued twelve-month 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 $97.00 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. View Analyst Price Targets for Tech Data.

What is the consensus analysts' recommendation for Tech Data?

5 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tech Data.

Has Tech Data been receiving favorable news coverage?

Press coverage about TECD stock has trended positive on Monday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tech Data earned a news impact score of 2.3 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

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), salesforce.com (CRM), Cisco Systems (CSCO), NVIDIA (NVDA), AbbVie (ABBV), AT&T (T), Activision Blizzard (ATVI), Walt Disney (DIS), Square (SQ) and UnitedHealth Group (UNH).

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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.26%), Dimensional Fund Advisors LP (8.47%), AQR Capital Management LLC (5.47%), LSV Asset Management (4.65%), FMR LLC (3.01%) and JPMorgan Chase & Co. (2.85%). Company insiders that own Tech Data stock include Alain Amsellem, 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 and Robert M Dutkowsky. 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, River Road Asset Management LLC, Peregrine Capital Management LLC, Raymond James & Associates, Dimensional Fund Advisors LP, Comerica Bank, State of Tennessee Treasury Department and PNC Financial Services Group Inc.. 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, John A Tonnison, Joseph H Quaglia, Michael Rabinovitch, Patrick Zammit and Robert M Dutkowsky. 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 AQR Capital Management LLC, Acadian Asset Management LLC, Robeco Institutional Asset Management B.V., Wells Fargo & Company MN, AJO LP, Man Group plc, Geode Capital Management LLC and Federated Investors Inc. PA. 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 $98.71.

How big of a company is Tech Data?

Tech Data has a market capitalization of $3.64 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.

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:  354 (Vote Outperform)
Underperform Votes:  412 (Vote Underperform)
Total Votes:  766
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 5/20/2019 by MarketBeat.com Staff

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