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Tech Data Corporation (TECD) Analysts See $2.18 EPS

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.
Texas Permanent School Fund invested in 22,493 shares. Amp Capital has 0% invested in Tech Data Corporation (NASDAQ:TECD) for 2,900 shares. Ls Inv Advsr Lc has 0.01% invested in Tech Data Corporation (NASDAQ:TECD). Country Club Trust Com Na has invested 0.04% of its portfolio in Tech Data Corporation (NASDAQ:TECD). 7,090 are held by Chicago Equity Prns Lc. Bancshares Of Montreal Can stated it has 31,065 shares. Wellington Mngmt Grp Inc Limited Liability Partnership owns 102,641 shares for 0% of their portfolio. Lsv Asset stated it has 1.68M shares. Vident Invest Advisory Lc stated it has 0.09% of its portfolio in Tech Data Corporation (NASDAQ:TECD). Us Natl Bank De reported 423 shares. Massachusetts Fin Ma has 0.01% invested in Tech Data Corporation (NASDAQ:TECD) for 147,855 shares. Glenmede Tru Communications Na holds 0.01% in Tech Data Corporation (NASDAQ:TECD) or 27,325 shares. Mutual Of America Cap Limited Com invested in 0.04% or 30,624 shares. Moreover, Morgan Stanley has 0% invested in Tech Data Corporation (NASDAQ:TECD). Dupont Cap Management holds 0.01% of its portfolio in Tech Data Corporation (NASDAQ:TECD) for 4,813 shares.

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

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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