Tech Data Corporation (TECD) Analysts See $1.48 EPS on May, 31

May 17, 2018 - By Nellie Rakes

Tech Data Corporation (NASDAQ:TECD) Corporate Logo
During 2017 Q4 the big money sentiment increased to 1.39. That’s change of 0.22, from 2017Q3’s 1.17. 25 investors sold all, 78 reduced holdings as Tech Data Corporation ratio is positive. 98 grew stakes while 45 funds amassed stakes. Funds hold 35.11 million shares thus 3.31% less from 2017Q3’s 36.31 million shares.
6,197 were reported by Royal Bancorp Of Canada. Millennium Llc owns 122,998 shs. 39,627 are owned by Glenmede Tru Na. Comerica Bank & Trust invested in 0.05% or 68,171 shs. Livforsakringsbolaget Skandia Omsesidigt has invested 0.29% in Tech Data Corporation (NASDAQ:TECD). C M Bidwell Associates accumulated 2,085 shs or 0.18% of the stock. Janney Montgomery Scott Ltd Liability Com holds 2,146 shs. Grp Inc One Trading L P owns 0% invested in Tech Data Corporation (NASDAQ:TECD) for 2,653 shs. Advantus Cap Incorporated reported 4,275 shs. Strs Ohio holds 0.01% or 16,100 shs. Texas Permanent School Fund owns 23,467 shs. Gam Ag reported 18,735 shs. Dreman Value L L C owns 3,582 shs or 0.2% of their US capital. Invesco owns 0.01% invested in Tech Data Corporation (NASDAQ:TECD) for 255,485 shs. State Street holds 1.28 million shs.

Tech Data Corporation (NASDAQ:TECD)’s quarterly earnings will be published on May, 31 before the open., Zacks reports. This year’s earnings per share analyst estimate is anticipated to be $1.48. That is 20.86 % down compareed to $1.87 earnings per share for last year. If reported the P/E will be 13.81 with $56.69 million profit. Wall Street now sees -57.71 % negative EPS growth despite Tech Data Corporation previous quarter’s EPS of $3.50. TECD is hitting $81.74 during the last trading session, after increased 1.26%.Currently Tech Data Corporation is downtrending after 9.32% change in last May 17, 2017. TECD has 408,627 shares volume. TECD underperformed by 20.87% the S&P500.

Tech Data Corporation (NASDAQ:TECD) Ratings Coverage

Total analysts of 6 have positions in Tech Data Corp (NASDAQ:TECD) as follows: 4 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 67%. Since November 28, 2017 according to StockzIntelligence Inc Tech Data Corp has 7 analyst reports. The stock rating was maintained by Northcoast with “Buy” on Wednesday, February 28. In Tuesday, November 28 report Raymond James maintained the stock with “Hold” rating. On Friday, March 9 the stock has “Neutral” rating by Citigroup. On Thursday, March 8 the stock has “Buy” rating by Stifel Nicolaus. The company rating was maintained by Bank of America on Friday, March 9. On Tuesday, November 28 the stock of Tech Data Corporation (NASDAQ:TECD) earned “Buy” rating by Stifel Nicolaus.

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

Tech Data Corporation (NASDAQ:TECD) Institutional Investors Chart

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