As of May, 31 Analysts See $1.48 EPS for Tech Data Corporation (TECD)

May 17, 2018 - By Lisa Delgado

Tech Data Corporation (NASDAQ:TECD) Corporate Logo
Big Money Sentiment increased to 1.39 in Q4 2017. It has change of 0.22, from 2017Q3’s 1.17. The ratio increased due to Tech Data Corporation positioning: 25 sold and 78 reduced. 45 funds took holdings and 98 increased holdings. Investors holded 36.31 million in 2017Q3 but now own 35.11 million shares or 3.31% less.
Natixis reported 0% stake. California Pub Employees Retirement System holds 0.01% or 109,148 shs in its capital. Deutsche Bancshares Ag reported 199,278 shs. 15,142 were accumulated by Federated Pa. 300,938 were reported by Amer Century Cos. Guggenheim Cap Ltd Com has 109,711 shs. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys reported 0.01% of its capital in Tech Data Corporation (NASDAQ:TECD). Smith Asset Management Group Lp reported 0.1% of its capital in Tech Data Corporation (NASDAQ:TECD). Retirement Sys Of Alabama reported 0.04% stake. Paloma reported 0.01% in Tech Data Corporation (NASDAQ:TECD). Congress Asset Mngmt Ma holds 0.06% or 40,286 shs. Verition Fund Limited Liability Company stated it has 0.02% in Tech Data Corporation (NASDAQ:TECD). Phocas Corporation stated it has 107,397 shs. Public Employees Retirement System Of Ohio has 0% invested in Tech Data Corporation (NASDAQ:TECD) for 6,648 shs. Moreover, Laurion Management Ltd Partnership has 0.01% invested in Tech Data Corporation (NASDAQ:TECD).

On May, 31 Tech Data Corporation (NASDAQ:TECD)’s earnings report is expected by WallStreet, according to Faxor. The earnings per share diference is $0.39 or 20.86 % down from last years number. Previous year: $1.87; Analysts forcast: $1.48. The profit will be $56.69 million for TECD if $1.48 earnings per share becomes true. Analysts at Wall Street see Tech Data Corporation’s -57.71 % negative EPS growth compared to $3.50 earnings per share for previous quarter. The stock increased 1.26% or $1.02 during the last trading session, reaching $81.74.Currently Tech Data Corporation is downtrending after 9.32% change in last May 17, 2017. TECD has 408,627 shares volume. TECD underperformed the S&P 500 by 20.87%.

Tech Data Corporation (NASDAQ:TECD) Ratings Coverage

In total 6 analysts cover Tech Data Corp (NASDAQ:TECD). “Buy” rating has 4, “Sell” are 0, while 2 are “Hold”. 67% are bullish. 7 are the (NASDAQ:TECD)’s analyst reports since November 28, 2017 according to StockzIntelligence Inc. On Friday, March 9 Bank of America maintained Tech Data Corporation (NASDAQ:TECD) rating. Bank of America has “Buy” rating and $105 target. In Tuesday, November 28 report Stifel Nicolaus maintained it with “Buy” rating and $110.0 target. On Thursday, March 8 the stock has “Buy” rating by Stifel Nicolaus. On Wednesday, February 28 the company was maintained by Northcoast. In Friday, March 9 report Citigroup maintained it with “Neutral” rating and $95 target. On Tuesday, November 28 the stock of Tech Data Corporation (NASDAQ:TECD) has “Hold” rating given by Raymond James.

Tech Data Corporation engages in the wholesale distribution of technology products.The firm is worth $3.13 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.26.8 is the 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 recent Tech Data Corporation (NASDAQ:TECD) news were announced by 247Wallst.com, Globenewswire.com and Bizjournals.com. The first one has “Why This Segment of Technology Could Run the Rest of 2018” as a title and was announced on May 11, 2018. The next is “Research Report Identifies Flexsteel Industries, Second Sight Medical Products, XG Technology, CRA International, Inc …” on May 01, 2018. And last was announced on April 19, 2018, called “Tech Data names new CEO”.

Tech Data Corporation (NASDAQ:TECD) Institutional Investors Chart

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