Tech Data Corporation (TECD) EPS Estimated At $2.18

November 10, 2018 - By Alfred Lee

Tech Data Corporation (NASDAQ:TECD) LogoInvestors sentiment increased to 1.37 in Q2 2018. Its up 0.54, from 0.83 in 2018Q1. It is positive, as 34 investors sold Tech Data Corporation shares while 61 reduced holdings. 36 funds opened positions while 94 raised stakes. 35.95 million shares or 0.61% more from 35.73 million shares in 2018Q1 were reported.
Schroder Inv Mngmt Grp owns 143,107 shares or 0.02% of their US portfolio. Hotchkis Wiley Cap Mngmt Lc has 0.01% invested in Tech Data Corporation (NASDAQ:TECD) for 41,045 shares. Sg Americas Ltd Liability Com accumulated 7,802 shares. 8,377 were reported by Meeder Asset Mngmt. Ameritas Investment Ptnrs holds 13,571 shares or 0.05% of its portfolio. Telemus Ltd Liability Corporation holds 0.02% of its portfolio in Tech Data Corporation (NASDAQ:TECD) for 3,484 shares. Florida-based Raymond James And Assoc has invested 0% in Tech Data Corporation (NASDAQ:TECD). Oakbrook Invests Ltd Liability has 0.01% invested in Tech Data Corporation (NASDAQ:TECD) for 2,600 shares. Moreover, Advisory Net Ltd has 0% invested in Tech Data Corporation (NASDAQ:TECD) for 131 shares. Stifel Fincl holds 21,489 shares or 0.01% of its portfolio. State Street Corp has invested 0.01% of its portfolio in Tech Data Corporation (NASDAQ:TECD). Ajo L P holds 26,622 shares or 0.01% of its portfolio. Mason Street Advsrs Ltd Liability Co has invested 0.03% in Tech Data Corporation (NASDAQ:TECD). Vident Invest Advisory Limited Company holds 0.09% or 29,060 shares. Swiss Commercial Bank holds 63,100 shares or 0.01% of its portfolio.

Analysts expect Tech Data Corporation (NASDAQ:TECD) to report $2.18 EPS on November, 26.They anticipate $0.18 EPS change or 9.00 % from last quarter’s $2 EPS. TECD’s profit would be $83.61M giving it 8.61 P/E if the $2.18 EPS is correct. After having $2.01 EPS previously, Tech Data Corporation’s analysts see 8.46 % EPS growth. The stock decreased 1.00% or $0.76 during the last trading session, reaching $75.12. About 349,937 shares traded. Tech Data Corporation (NASDAQ:TECD) has declined 11.84% since November 11, 2017 and is downtrending. It has underperformed by 27.46% the S&P500.

Tech Data Corporation (NASDAQ:TECD) Ratings Coverage

Among 3 analysts covering Tech Data Corp (NASDAQ:TECD), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Tech Data Corp had 3 analyst reports since May 31, 2018 according to SRatingsIntel. Bank of America downgraded Tech Data Corporation (NASDAQ:TECD) rating on Friday, August 31. Bank of America has “Underperform” rating and $80 target. The company was maintained on Thursday, May 31 by Pivotal Research. The firm has “Neutral” rating by Citigroup given on Friday, August 31.

Tech Data Corporation engages in the wholesale distribution of technology products. The company has market cap of $2.88 billion. It distributes and markets broadline products, such as notebooks, tablets, desktops, printers, printer supplies, and components; and data center products, including industry standard servers, proprietary servers, networking, and storage products. It has a 19.57 P/E ratio. The firm also offers software products, such as virtualization, cloud, security, desktop applications, operating systems, and utilities software; mobility products consisting of mobile phones and accessories; and consumer electronics comprising TV's, digital displays, consumer audio-visual devices, and network-attached consumer devices.

Tech Data Corporation (NASDAQ:TECD) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.