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Tech Data Stock Price, News & Analysis (NASDAQ:TECD)

$107.52
+1.57 (+1.48 %)
(As of 10/14/2019 04:20 AM ET)
Today's Range
$107.49
Now: $107.52
$109.88
50-Day Range
$81.91
MA: $99.63
$108.36
52-Week Range
$66.93
Now: $107.52
$111.08
Volume242,414 shs
Average Volume275,491 shs
Market Capitalization$3.83 billion
P/E Ratio9.45
Dividend YieldN/A
Beta1.12
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. Read More…

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$17.45 per share
Book Value$78.69 per share

Profitability

Net Income$340.58 million

Miscellaneous

Employees14,000
Market Cap$3.83 billion
Next Earnings Date12/5/2019 (Estimated)
OptionableOptionable

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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 announced that its Board of Directors has authorized a share buyback plan on Tuesday, October 2nd 2018, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its shares are undervalued.

How were Tech Data's earnings last quarter?

Tech Data Corp (NASDAQ:TECD) posted its quarterly earnings results on Thursday, August, 29th. The company reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.33 by $0.36. The firm earned $9.09 billion during the quarter, compared to the consensus estimate of $8.71 billion. Tech Data had a return on equity of 15.96% and a net margin of 0.98%. The company's quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.01 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, December 5th 2019. View Earnings Estimates for Tech Data.

What guidance has Tech Data issued on next quarter's earnings?

Tech Data issued an update on its third quarter earnings guidance on Thursday, August, 29th. The company provided earnings per share (EPS) guidance of $2.85-3.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.87. The company issued revenue guidance of $9.2-9.5 billion, compared to the consensus revenue estimate of $9.25 billion.

What price target have analysts set for TECD?

5 equities research analysts have issued 12 month price objectives for Tech Data's shares. Their forecasts range from $100.00 to $130.00. On average, they anticipate Tech Data's stock price to reach $112.00 in the next year. This suggests a possible upside of 4.2% from the stock's current price. 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tech Data.

Has Tech Data been receiving favorable news coverage?

News articles about TECD stock have been trending negative on Monday, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tech Data earned a coverage optimism score of -2.6 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Tech Data.

Are investors shorting Tech Data?

Tech Data saw a decline in short interest in September. As of September 30th, there was short interest totalling 1,240,000 shares, a decline of 20.0% from the August 30th total of 1,550,000 shares. Based on an average daily volume of 336,500 shares, the days-to-cover ratio is currently 3.7 days. Approximately 3.5% of the shares of the company are short sold. View Tech Data's Current Options Chain.

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 AbbVie (ABBV), Alibaba Group (BABA), AT&T (T), Micron Technology (MU), NVIDIA (NVDA), Walt Disney (DIS), Costco Wholesale (COST), Starbucks (SBUX), salesforce.com (CRM) and Square (SQ).

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 retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.08%), Pacer Advisors Inc. (0.04%), Crossmark Global Holdings Inc. (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Tech Data stock include 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, 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 Pacer Advisors Inc., Hennessy Advisors Inc. and Crossmark Global Holdings 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, Harry J Harczak Jr, John A Tonnison, Joseph H Quaglia, Michael Rabinovitch, Patrick Zammit, Robert M Dutkowsky and Thomas I Morgan. 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 State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

What is Tech Data's stock price today?

One share of TECD stock can currently be purchased for approximately $107.52.

How big of a company is Tech Data?

Tech Data has a market capitalization of $3.83 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.View Additional Information About Tech Data.

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:  391 (Vote Outperform)
Underperform Votes:  460 (Vote Underperform)
Total Votes:  851
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 10/14/2019 by MarketBeat.com Staff

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