Tech Data Corporation (TECD) Analysts See $2.18 EPS

November 10, 2018 - By Dolores Ford

Tech Data Corporation (NASDAQ:TECD) LogoInvestors sentiment increased to 1.37 in 2018 Q2. Its up 0.54, from 0.83 in 2018Q1. It increased, 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.
96,360 were accumulated by Alliancebernstein L P. Ny State Common Retirement Fund holds 0.01% of its portfolio in Tech Data Corporation (NASDAQ:TECD) for 52,670 shares. Gotham Asset Mgmt Lc invested in 0.04% or 32,590 shares. Hsbc Holdg Public Ltd Co stated it has 28,472 shares or 0% of all its holdings. Amalgamated National Bank & Trust reported 0.01% in Tech Data Corporation (NASDAQ:TECD). Massachusetts Svcs Ma holds 0.01% of its portfolio in Tech Data Corporation (NASDAQ:TECD) for 147,855 shares. 4,953 are held by Profund Advisors Lc. Cwm Lc invested in 0% or 8 shares. Northcoast Asset Mgmt Ltd Liability Corporation has 7,311 shares. Louisiana State Employees Retirement Sys has invested 0.03% in Tech Data Corporation (NASDAQ:TECD). The New York-based Mutual Of America Cap Management has invested 0.04% in Tech Data Corporation (NASDAQ:TECD). Gp One Trading Ltd Partnership has 0% invested in Tech Data Corporation (NASDAQ:TECD) for 476 shares. Raymond James stated it has 0% in Tech Data Corporation (NASDAQ:TECD). Citigroup reported 0.01% of its portfolio in Tech Data Corporation (NASDAQ:TECD). Thrivent Fincl For Lutherans reported 0% in Tech Data Corporation (NASDAQ:TECD).

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. The stock has “Neutral” rating by Citigroup on Friday, August 31. The rating was maintained by Pivotal Research on Thursday, May 31 with “Buy”. The stock of Tech Data Corporation (NASDAQ:TECD) has “Underperform” rating given on Friday, August 31 by Bank of America.

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

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