Analysts See $1.48 EPS for Tech Data Corporation (TECD)

May 17, 2018 - By James Guidry

Tech Data Corporation (NASDAQ:TECD) LogoInvestors sentiment increased to 1.39 in 2017 Q4. Its up 0.22, from 1.17 in 2017Q3. It improved, as 25 investors sold Tech Data Corporation shares while 78 reduced holdings. 45 funds opened positions while 98 raised stakes. 35.11 million shares or 3.31% less from 36.31 million shares in 2017Q3 were reported.
Mesirow Fincl Inv accumulated 176,013 shares. Meeder Asset Mngmt holds 3,124 shares. 200 were accumulated by Northwestern Mutual Wealth. Advantus Cap Inc reported 4,275 shares stake. Northern Trust Corp has 0.02% invested in Tech Data Corporation (NASDAQ:TECD). 28,613 are held by Stifel Finance. Public Employees Retirement Association Of Colorado reported 0% stake. Alliancebernstein Limited Partnership accumulated 101,365 shares or 0.01% of the stock. Verition Fund Mgmt Limited Liability Corp reported 2,050 shares or 0.02% of all its holdings. Delta Asset Management Ltd Liability Corp Tn owns 235 shares. 51,327 are owned by Ny State Common Retirement Fund. Royal Comml Bank Of Canada invested 0% of its portfolio in Tech Data Corporation (NASDAQ:TECD). Dean Capital stated it has 22,243 shares. Nomura Inc owns 2,947 shares for 0% of their portfolio. Shayne And Co Limited holds 112,097 shares or 7.55% of its portfolio.

Analysts expect Tech Data Corporation (NASDAQ:TECD) to report $1.48 EPS on May, 31 before the open.They anticipate $0.39 EPS change or 20.86 % from last quarter’s $1.87 EPS. TECD’s profit would be $56.69M giving it 13.93 P/E if the $1.48 EPS is correct. After having $3.50 EPS previously, Tech Data Corporation’s analysts see -57.71 % EPS growth. The stock increased 0.89% or $0.73 during the last trading session, reaching $82.47. About 177,045 shares traded. Tech Data Corporation (NASDAQ:TECD) has declined 9.32% since May 17, 2017 and is downtrending. It has underperformed by 20.87% the S&P500.

Tech Data Corporation (NASDAQ:TECD) Ratings Coverage

Among 6 analysts covering Tech Data Corp (NASDAQ:TECD), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Tech Data Corp had 7 analyst reports since November 28, 2017 according to SRatingsIntel. On Tuesday, November 28 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Buy” rating by Northcoast on Wednesday, February 28. Bank of America maintained the shares of TECD in report on Friday, March 9 with “Buy” rating. Citigroup maintained Tech Data Corporation (NASDAQ:TECD) rating on Friday, March 9. Citigroup has “Neutral” rating and $95 target. The stock of Tech Data Corporation (NASDAQ:TECD) earned “Hold” rating by Raymond James on Tuesday, November 28. The stock of Tech Data Corporation (NASDAQ:TECD) earned “Buy” rating by Stifel Nicolaus on Thursday, March 8.

Tech Data Corporation engages in the wholesale distribution of technology products. The company has market cap of $3.16 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 27.04 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.

More important recent Tech Data Corporation (NASDAQ:TECD) news were published by: which released: “Tech Data Corp: Adding Bytes” on May 17, 2018, also published article titled: “Why This Segment of Technology Could Run the Rest of 2018”, published: “Research Report Identifies Flexsteel Industries, Second Sight Medical Products, XG Technology, CRA International, Inc …” on May 01, 2018. More interesting news about Tech Data Corporation (NASDAQ:TECD) was released by: and their article: “Six Tech Data Executives Recognized on CRN’s 2018 Women of the Channel List” with publication date: May 14, 2018.

Tech Data Corporation (NASDAQ:TECD) Institutional Positions Chart

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