Tech Data Corporation (TECD) EPS Estimated At $1.48

May 17, 2018 - By Nellie Frank

Tech Data Corporation (NASDAQ:TECD) LogoInvestors sentiment increased to 1.39 in Q4 2017. Its up 0.22, from 1.17 in 2017Q3. It increased, 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.
Barrow Hanley Mewhinney Strauss Ltd Liability Co reported 26,991 shares. Swiss State Bank reported 65,000 shares. Pnc Fincl Svcs Grp Incorporated reported 67,477 shares. Lpl Ltd Limited Liability Company stated it has 11,484 shares or 0% of all its holdings. Nomura Hldg owns 0% invested in Tech Data Corporation (NASDAQ:TECD) for 2,947 shares. Dupont Cap Mngmt Corp owns 12,602 shares. Alliancebernstein L P holds 0.01% or 101,365 shares. Regions Corp holds 97 shares. Springowl Associates Ltd Liability Corp invested in 0.99% or 15,500 shares. Suntrust Banks accumulated 0% or 2,791 shares. Navellier & Assocs owns 4,263 shares. Moreover, Ameritas Partners has 0.06% invested in Tech Data Corporation (NASDAQ:TECD) for 13,405 shares. Geode Mgmt Lc has invested 0.01% of its portfolio in Tech Data Corporation (NASDAQ:TECD). Gru One Trading L P owns 2,653 shares for 0% of their portfolio. Gideon Cap Advsrs owns 2,390 shares or 0.21% of their US 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 $56.69 million giving it 13.81 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 1.26% or $1.02 during the last trading session, reaching $81.74. About 408,627 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. Raymond James maintained Tech Data Corporation (NASDAQ:TECD) on Tuesday, November 28 with “Hold” rating. Northcoast maintained Tech Data Corporation (NASDAQ:TECD) rating on Wednesday, February 28. Northcoast has “Buy” rating and $127.0 target. On Tuesday, November 28 the stock rating was maintained by Stifel Nicolaus with “Buy”. Citigroup maintained the shares of TECD in report on Friday, March 9 with “Neutral” rating. The firm has “Buy” rating given on Friday, March 9 by Bank of America. Stifel Nicolaus maintained the shares of TECD in report on Thursday, March 8 with “Buy” rating.

Tech Data Corporation engages in the wholesale distribution of technology products. The company has market cap of $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. It has a 26.8 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 published by: Bizjournals.com which released: “Tech Data names new CEO” on April 19, 2018. Also Globenewswire.com published the news titled: “Research Report Identifies Flexsteel Industries, Second Sight Medical Products, XG Technology, CRA International, Inc …” on May 01, 2018. 247Wallst.com‘s news article titled: “Why This Segment of Technology Could Run the Rest of 2018” with publication date: May 11, 2018 was also an interesting one.

Tech Data Corporation (NASDAQ:TECD) Institutional Positions Chart

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