TECD - Tech Data Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
136.24
-2.91 (-2.09%)
At close: 4:00PM EDT
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Previous Close139.15
Open138.91
Bid136.16 x 800
Ask136.11 x 1100
Day's Range135.40 - 139.46
52 Week Range80.20 - 151.47
Volume784,827
Avg. Volume768,498
Market Cap4.836B
Beta (5Y Monthly)0.93
PE Ratio (TTM)13.27
EPS (TTM)10.27
Earnings DateAug. 27, 2020 - Aug. 31, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est146.67
  • Tech Data (TECD) Q1 Earnings and Revenues Beat Estimates
    Zacks

    Tech Data (TECD) Q1 Earnings and Revenues Beat Estimates

    Tech Data (TECD) delivered earnings and revenue surprises of 34.55% and 3.61%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?

  • Analysts Estimate Tech Data (TECD) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Tech Data (TECD) to Report a Decline in Earnings: What to Look Out for

    Tech Data (TECD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Tech Data to Announce First Quarter Fiscal 2021 Results on May 28
    Business Wire

    Tech Data to Announce First Quarter Fiscal 2021 Results on May 28

    Tech Data (Nasdaq: TECD) today announced that it will report its results for the first quarter fiscal year 2021 before the market opens on Thursday, May 28, 2020. As previously announced, due to the pending acquisition by affiliates of the Apollo Funds, Tech Data will not host an earnings conference call or provide forward-looking guidance.

  • 10 Tech Data Leaders Named 2020 Women of the Channel by CRN
    Business Wire

    10 Tech Data Leaders Named 2020 Women of the Channel by CRN

    Tech Data (Nasdaq: TECD) today announced that CRN®, a brand of The Channel Company, has recognized 10 Tech Data executives across the globe to its esteemed 2020 Women of the Channel list. In addition, three of the honorees have also been named to this year’s elite CRN "Power 100" list.

  • Tech Data Becomes the First and Only IT Distributor to Join the North American Smart Cities Council
    Business Wire

    Tech Data Becomes the First and Only IT Distributor to Join the North American Smart Cities Council

    Tech Data (Nasdaq: TECD) today announced that is has joined the Smart Cities Council as a North American Lead Member. The company is the first and only IT distributor and solutions aggregator to partner with the Smart Cities Council, a global coalition of leading companies advised by top universities, laboratories and standards bodies. The council is dedicated to making communities more livable, workable and sustainable with the power of smart technologies.

  • Tech Data Launches Modern Workplace with Secure Solution through the Cloud Solution Factory
    Business Wire

    Tech Data Launches Modern Workplace with Secure Solution through the Cloud Solution Factory

    Tech Data (Nasdaq: TECD) today announced it has expanded its Cloud Solution Factory offering with the addition of Modern Workplace with Microsoft Secure Score that establishes a security baseline for Office 365 users with automated policy enforcement.

  • Tech Data Launches Tech Data Coaches, an Online Mentoring Community for IT Channel Partners
    Business Wire

    Tech Data Launches Tech Data Coaches, an Online Mentoring Community for IT Channel Partners

    Tech Data (Nasdaq: TECD) today announced the release of Tech Data Coaches, an online coaching and collaboration platform designed to help Tech Data reseller partners grow their networks, develop competencies and best practices, and make connections that enable them to deliver the best solutions possible to their end-user customers.

  • Tech Data (TECD) Down 6.7% Since Last Earnings Report: Can It Rebound?
    Zacks

    Tech Data (TECD) Down 6.7% Since Last Earnings Report: Can It Rebound?

    Tech Data (TECD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Tech Data Receives a 5-Star Rating in the 2020 CRN® Partner Program Guide for its Digital Cloud Practice Builder and IoT and Analytics Practice Builder Roadshow
    Business Wire

    Tech Data Receives a 5-Star Rating in the 2020 CRN® Partner Program Guide for its Digital Cloud Practice Builder and IoT and Analytics Practice Builder Roadshow

    Tech Data (Nasdaq: TECD) today announced that its Digital Cloud Practice Builder and IoT and Analytics Practice Builder Roadshow both received a 5-Star rating from CRN®, a brand of The Channel Company, in its 2020 Partner Program Guide – an annual listing of the most rewarding partner programs from technology companies that provide products and services through the IT channel. The 5-Star rating is awarded to an elite group of businesses that deliver best-in-class partner programs for solution partners.

  • Tech Data to Appeal French Competition Authority’s Antitrust Decision
    Business Wire

    Tech Data to Appeal French Competition Authority’s Antitrust Decision

    Tech Data (Nasdaq: TECD) today announced it disagrees with and will be appealing the findings and legal reasoning of the French Competition Authority (FCA) in its decision against Tech Data. The case concerns the FCA’s antitrust investigation regarding the distribution of Apple products (excluding the iPhone) in France between 2005 and 2013.

  • Coronavirus sows doubt over corporate acquirers coming through
    Reuters

    Coronavirus sows doubt over corporate acquirers coming through

    Its economic impact now has investors doubting whether many companies who shook on mergers and acquisitions will see them completed. Traders and fund managers say the spread between agreed deal prices and subsequent trading in the stock of the acquisition targets is the widest they have come across. "I have been doing this for 25 years, and I have never seen panic like this coming out of merger arbitrage spreads," said Roy Behren, managing member of Westchester Capital Management, which has $4.1 billion in assets under management, most of it invested in merger arbitrage.

  • Bloomberg

    Apple’s $1.2 Billion Conspiracy Fine Is Fair Enough

    (Bloomberg Opinion) -- The temptation with antitrust cases – especially involving a company as high-profile as Apple Inc. – is to identify an ulterior motive. Why have the authorities attacked this particular target? Why is the fine so big? Surely there’s a hidden agenda at work, with broader implications.Sometimes, though, it’s as simple as a firm breaking the rules and getting caught. France’s antitrust regulator fined Apple 1.1 billion euros ($1.2 billion) on Monday for conspiring with two distributors to stifle competition and impose unfair conditions on third-party vendors, or "resellers", of products such as the Mac and iPad. The figure is a French record.France is building a reputation as the European nation most willing to tackle big tech. It fined Alphabet Inc unit Google 150 million euros in December for its advertising practices. It's also investigating Facebook Inc on a separate issue.Apple is to appeal. But it’s hard to argue that the company didn’t get what it deserved. Monday’s decision found that, between 2005 and 2013, the tech group divvied up the supply of its 2,000 French resellers between two distributors: Ingram Micro (subsequently acquired by China’s HNA Group) and Tech Data Corp. It then rationed what they could deliver to each reseller, imposing strict limitations on when the stores could offer discounts and promotions.To retain a “premium reseller” distinction, the shops had to ensure that Apple products represented 70% of their sales. Yet they often found they didn’t receive new products as promptly as Apple’s own retail stores or other big retailers. If they broke any of Apple’s conditions, they risked being cut off.So the resellers found themselves on an unlevel playing field. They were told they must mostly sell Apple products. Yet they couldn’t depend on getting plentiful supply. These resellers are small companies with a handful of outlets. They could hardly stand up to the might of Apple, even if it hadn’t then become the world’s largest company.It’s not hard to see why Apple might have ended up on this path. The retail experience has been one element of the firm's revival. Under Steve Jobs’s then leadership, and with current Chief Executive Officer Tim Cook as chief operating officer, Apple tightened control over its retail operations and the way its products were presented. It spent much of the first 15 years of its renaissance building out its own stores and pulling its products from a stack of big-name retailers.This worked. Apple built one of the world’s most envious retail operations. Meanwhile, premium resellers became a good way of picking up the slack when demand outstripped Apple’s ability to meet it from its own locations. But in France, at least, those resellers seemed to be doing little more than picking up the scraps.Apple, like any luxury brand, has an understandable interest in demanding certain standards of its partners. But it should do so fairly. Here, it broke the rules. With $90 billion of net cash, a fine of anything less than a billion euros would risk being too easily absorbed. Does the sum look like political showboating? Sure, but that oughtn’t make it any less valid.To contact the author of this story: Alex Webb at awebb25@bloomberg.netTo contact the editor responsible for this story: Chris Hughes at chughes89@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Tech Data's (TECD) Q4 Earnings Beat Estimates, Sales Down Y/Y
    Zacks

    Tech Data's (TECD) Q4 Earnings Beat Estimates, Sales Down Y/Y

    Tech Data's (TECD) fourth-quarter fiscal 2020 marked the sixth straight quarter of earnings beat. Management is on track to complete the merger deal with Tiger Midco.

  • Tech Data (TECD) Beats Q4 Earnings and Revenue Estimates
    Zacks

    Tech Data (TECD) Beats Q4 Earnings and Revenue Estimates

    Tech Data (TECD) delivered earnings and revenue surprises of 1.88% and 0.34%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?

  • Tech Data Corporation Reports Fourth Quarter and Fiscal Year 2020 Results
    Business Wire

    Tech Data Corporation Reports Fourth Quarter and Fiscal Year 2020 Results

    Tech Data (NASDAQ: TECD) (the "Company") today announced its financial results for the fourth quarter and fiscal year ended January 31, 2020.

  • Apollo Global Completes Strategic Transaction With Athene
    Zacks

    Apollo Global Completes Strategic Transaction With Athene

    Apollo Global (APO) has been able to strengthen relationship with Athene, post completion of the deal.

  • Tech Data (TECD) Earnings Expected to Grow: Should You Buy?
    Zacks

    Tech Data (TECD) Earnings Expected to Grow: Should You Buy?

    Tech Data (TECD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Zacks.com featured highlights include: SNX, ICHR, TECD, NSIT and BMY
    Zacks

    Zacks.com featured highlights include: SNX, ICHR, TECD, NSIT and BMY

    Zacks.com featured highlights include: SNX, ICHR, TECD, NSIT and BMY

  • 5 Stocks Near a 52-Week High That Can Scale Higher
    Zacks

    5 Stocks Near a 52-Week High That Can Scale Higher

    Investors target stocks that have been on a bullish run lately. Stocks seeing price strength have a high chance of carrying the momentum forward.

  • Zacks.com featured highlights include: Credit Suisse, Amkor Technology, Oasis Midstream Partners, Tech Data and NV5 Global
    Zacks

    Zacks.com featured highlights include: Credit Suisse, Amkor Technology, Oasis Midstream Partners, Tech Data and NV5 Global

    Zacks.com featured highlights include: Credit Suisse, Amkor Technology, Oasis Midstream Partners, Tech Data and NV5 Global

  • GlobeNewswire

    SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates Whether The Sale Of These Companies Is Fair To Shareholders – TECD, AMTD, WMGI, NTGN

    NEW YORK, Jan. 20, 2020 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Tech Data Corporation (NASDAQ: TECD)The.

  • 5 Value Stocks With Enticing EV/EBITDA Ratios to Own Now
    Zacks

    5 Value Stocks With Enticing EV/EBITDA Ratios to Own Now

    We have screened value stocks based on EV/EBITDA ratio that offers a clearer picture of a company's valuation and earnings potential.