Home News Stock Analysis: Tech Data Corporation (NASDAQ: TECD)

Stock Analysis: Tech Data Corporation (NASDAQ: TECD)

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Tech Data Corporation trades as part of the computer hardware industry and trades as part of the technology sector. The company CEO is Richard T. Hume. Tech Data Corp is a wholesale distributor of technology products. It operates through the segment of distributing technology products, logistics management and other value-added services.

Previous Intraday Trading Performance:

The TECD stock showed a previous change of 1.58% with an open at 70.25 and a close of 71.47. It reached an intraday high of 72.26 and a low of 69.50.

PR Newswire:  Tech Data Expands Practice Builder Methodology for Cloud

Liquidity:

The stock has a market cap of $2.7b with 38.3m shares outstanding, of which the float is 37.4m shares. Trading volume reached 446,389 shares compared to its average volume of 539,740 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Tech Data Corporation shares returned -1.43% and in the past 30 trading days it returned -19.22%. Over three months, it changed -16.50%. In one year it has changed -21.82% and within that year its 52-week high was 108.62 and its 52-week low was 69.50. TECD stock is 2.83% above its 52 Week Low.

Our calculations show a 200 day moving average of 86.57 and a 50 day moving average of 78.38. Currently TECD stock is trading -17.45% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

PR Newswire:  Tech Data Delivers Simplicity at Scale for Branch Industries

Earnings:

The last annual fiscal EPS for the company was reported at 3.05 that ended on 31st of January 2018, which according to the previous close, that is a PE of 23.43. Based on 4 analyst estimates, the consensus EPS for the next quarter is 1.90. The TTM EPS is 8.06, which comes to a TTM PE of 8.87. Historically, the PE high was 23.43 and the PE low was 8.40. If the stock reached its PE low, that would represent a price of 67.68, which is a decrease of -5.30%.

The following are the last four quarter reported earnings per share:
07-31-2018:  2.01
04-30-2018:  1.84
01-31-2018:  3.50
10-31-2017:  2.00

Base on our calculations, the intrinsic value per share is 112.67, which means it is possibly undervalued and has a margin of safety of 36.57%

Indicators to Watch:

Based on the latest filings, there is 99.80% of institutional ownership. Short-interest is 1,271,298, which is 3.31% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.97. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.71

PR Newswire:  Tech Data Delivers Simplicity at Scale for Branch Industries

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 5.34%, return on assets is 1.28%, profit margin is 0.38%, price-to-sales is 0.07 and price-to-book is 0.95.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 0  :Past Performance Score
 4  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.