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.
Investment analysts gave a few price targets for TECD. The maximum price target given was 120, implying potential capital gains of 13.5 percent. The most pessimistic analyst gave a price target of 115, implying potential capital losses of 8.77 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -2.34 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.75 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
TECD has an estimated earnings growth rate of 80.44 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of TECD is 0.24.
In the trailing 52-weeks, TECD hit 106.92 at the highest peak, while it's lowest trading point was 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's next earnings release will be on 0000-00-00, which is days away.