Analyst Ratings for Tech Data Corp. (TECD)Updated: 2017-07-27
Shares of Tech Data Corp. (NASDAQ:TECD) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, TECD was issued an average rating of Overweight.
A buy rating was issued by 2 analysts, 0 issued an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
TECD was given price targets by several analysts. The maximum price target given was 120, implying a possible profit of 13.5 percent. The lowest price target was 115, implying potential capital losses of 8.77 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.34 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 6.75 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of TECD to grow at a rate of 80.44 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. TECD has a PEG ratio of 0.24.
In the last 52-weeks, TECD has achieved a high of 106.92 and a low of 67.67. The current market price is above the trailing year's low by 56.24 percent, and 1.11 percent lower than its 52-week high. TECD has a P/E ratio of 19.65. Investors typically compare the P/E ratio to a company's peers in the industry. The TECD value stock report compares TECD to some of its peers using value stock charts. The market cap of TECD is $4.03 billion. TECD is estimated to release their earnings results for the quarter on 0000-00-00, days from today.