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Last $64.40 USD
Change Today +0.50 / 0.78%
Volume 507.5K
TECD On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

tech data corp (TECD) Snapshot

Open
$64.07
Previous Close
$63.90
Day High
$65.30
Day Low
$64.07
52 Week High
09/3/14 - $70.09
52 Week Low
10/15/14 - $52.22
Market Cap
2.4B
Average Volume 10 Days
920.2K
EPS TTM
$4.89
Shares Outstanding
36.7M
EX-Date
--
P/E TM
13.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for TECH DATA CORP (TECD)

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tech data corp (TECD) Details

Tech Data Corporation engages in the wholesale distribution of technology products. It distributes and markets broadline products, such as notebooks, tablets, desktop systems, printers, supplies, and components; and data center products, including servers, server accessories, networking products, storage hardware, and networking support services. The company also offers software products, such as virtualization software, security software, desktop application software, operating system software, utilities software, and software service and support; mobility products consisting of mobile handsets, navigation devices, aircards, SIM cards, and other mobility-related accessories; and consumer electronics comprising car and home audio/visual equipment, blue-ray and DVD players, televisions and related accessories, cameras and related accessories, gaming, and home appliances, as well as logistics management and other value-added services. The company also offers a range of customer services, such as training and technical support, customized shipping documents, product configuration/integration, and access to flexible financing programs; and a suite of electronic commerce tools comprising Internet order entry and electronic data interchange services. It serves value-added resellers, direct marketers, retailers, and corporate resellers. The company sells its products to customers in approximately 100 countries in North America, South America, Europe, the Middle East, and Africa. The company was founded in 1974 and is headquartered in Clearwater, Florida.

8,900 Employees
Last Reported Date: 03/26/15
Founded in 1974

tech data corp (TECD) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $2.8M
President of Europe
Total Annual Compensation: $2.2M
President of the Americas
Total Annual Compensation: $817.6K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $883.0K
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $567.0K
Compensation as of Fiscal Year 2015.

tech data corp (TECD) Key Developments

Tech Data Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended July 31, 2015; Provides Earnings Guidance for the Third Quarter Ending October 31, 2015

Tech Data Corporation announced unaudited consolidated earnings results for the second quarter ended July 31, 2015. For the quarter, the company reported net sales of $6,580,393,000 compared to $6,841,809,000 a year ago. Operating income was $106,235,000 compared to $67,710,000 a year ago. Income before income taxes was $109,504,000 compared to $59,706,000 a year ago. Net income was $76,412,000 compared to $39,328,000 a year ago. Net income per diluted share was $2.09 compared to $1.03 a year ago. Non-GAAP operating income was $81,170,000 compared to $74,283,000 a year ago. Non-GAAP net income was $52.5 million or $1.43 per diluted share compared to $42.9 million or $1.12 per diluted share a year ago. The weakening of foreign currencies against the U.S. dollar compared to the prior-year quarter negatively impacted non-GAAP operating income by approximately $10 million. The weakening of certain foreign currencies against the U.S. dollar compared to the prior-year quarter negatively impacted non-GAAP net income by approximately $7 million, or $0.19 per diluted share. Net cash provided by operations during the second quarter was $200 million. For the third quarter ending October 31, 2015, the company expects year-over-year local currency sales growth of mid-single digits in the Americas, and mid- to high-single digits in Europe. This outlook excludes approximately $77 million of sales from the previous year's third quarter, due to the company's exit from Chile, Peru and Uruguay. The company also expects a non-GAAP effective tax rate of 29% to 31%.

Tech Data Appoints Joel Wilson as Business Development Executive for the Cloud Solutions Provider and Services Provider License Agreement Programme

Tech Data announced the appointment of Joel Wilson as Business Development Executive for the Cloud Solutions Provider (CSP) and Services Provider License Agreement (SPLA) programme. Previously Joel was part of the Microsoft Sure Step Team, which works with partners placing on placing and managing their first orders and deliveries of Office 365, and thus has extensive experience of working closely with Microsoft partners to take them into new areas of the market, and has been drafted into the team to deal with the growing demand for assistance on Microsoft CSP and SPLA, says Microsoft Business Manager at Tech Data, Mark Whittle.

Tech Data Corp., Q2 2016 Earnings Call, Aug 20, 2015

Tech Data Corp., Q2 2016 Earnings Call, Aug 20, 2015

 

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Industry Analysis

TECD

Industry Average

Valuation TECD Industry Range
Price/Earnings 9.7x
Price/Sales 0.1x
Price/Book 1.2x
Price/Cash Flow 9.5x
TEV/Sales 0.0x
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