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
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 Ratio9.32
Forward P/E Ratio8.10
P/E Growth1.08
Sales & Book Value
Annual Sales$36.78 billion
Price / Sales0.09
Cash Flow$12.9847 per share
Price / Cash6.54
Book Value$74.86 per share
Price / Book1.13
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
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) announced its earnings results on Thursday, May, 31st. The company reported $1.84 EPS for the quarter, topping the Zacks' consensus estimate of $1.47 by $0.37. The business earned $8.54 billion during the quarter, compared to the consensus estimate of $8.13 billion. Tech Data had a net margin of 0.32% and a return on equity of 12.41%. The firm's revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the company posted $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 updated its second quarter earnings guidance on Thursday, May, 31st. The company provided EPS guidance of $1.95-2.25 for the period, compared to the Thomson Reuters consensus 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 equities research analysts have issued twelve-month price objectives for Tech Data's stock. 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 twelve months. 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. Robert M. Dutkowsky, Chairman & CEO (Age 63)
- Mr. Charles V. Dannewitz, CFO and Exec. VP (Age 63)
- Mr. Richard T. Hume, COO & Exec. VP (Age 58)
- Mr. Joseph H. Quaglia, Pres of Americas (Age 53)
- Mr. Andy Dow, Group Marketing Director & Member of Exec. Board
Has Tech Data been receiving favorable news coverage?
Media coverage about TECD stock has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tech Data earned a coverage optimism score of 0.14 on Accern's scale. They also gave news stories about the company an impact score of 45.49 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Tech Data's major shareholders?
Tech Data's stock is owned by many different 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.
Which institutional investors are selling Tech Data stock?
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.
Which institutional investors are buying Tech Data stock?
TECD stock was acquired 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.
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 $84.92.
How big of a company is Tech Data?
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.
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 (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.
