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.
A number of analysts gave price targets for TECD. The most optimistic price target was 120, implying a possible profit of 13.5 percent. The minimum price target given was 115, implying a possible loss 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. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.75 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their 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. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. TECD has a PEG ratio of 0.24.
TECD has traded between a high of 106.92 and a low of 67.67 over the past year. Currently the stock is 56.24 percent higher than its low, and 1.11 percent below the high. TECD has a price/earnings 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.