78.80 0.00 (0.00%)
After hours: 4:59PM EDT
|Bid||78.00 x 100|
|Ask||82.00 x 200|
|Day's Range||78.64 - 80.16|
|52 Week Range||76.89 - 111.10|
|PE Ratio (TTM)||25.84|
|Earnings Date||May 30, 2018 - Jun 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||106.57|
The leadership shift at Florida's biggest company is greeted positively by analysts and business partners.
CLEARWATER, Fla., April 19, 2018 /PRNewswire/ -- Tech Data (TECD) today announced that Richard T. ("Rich") Hume, executive vice president, chief operating officer, will become the company's chief executive officer effective June 6, 2018 and has been nominated to join the company's Board of Directors. Hume will succeed Robert M. ("Bob") Dutkowsky, who will transition to the role of executive chairman of the Board. The announcement is the culmination of the Board's leadership succession plan that capitalizes on the strength of the Tech Data management team.
A local connection landed him here, to headline an afternoon of events highlighting innovation leaders.
Tech Data (TECD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Leading 3D design, engineering, and entertainment software provider Autodesk (ADSK) continues to boost its channel mix by offering better incentives to its indirect channel partners and improving its online presence. The company’s direct and indirect sales channels generate ~30% and 70% of its total revenue, respectively. Hence, moving to a direct channel may not only boost the company’s top line growth but also give it better access to its customers.
Higher costs related to marketing and sales continue to offset Autodesk’s (ADSK) operating margin expansion. In the chart above, we can see the increasing trend in Autodesk’s total spending over the last five quarters. In fiscal 4Q18, on a combined basis, Autodesk’s marketing and sales expenses and research and development expenses rose 3% YoY to $435 million.
Autodesk’s (ADSK) total annualized recurring revenue (or ARR) has continued to see strong momentum in the last five quarters buoyed by robust growth in its subscription plan ARR. Since June 2017, the company has gradually been shifting its maintenance plan customers toward its subscription plan offerings.
CLEARWATER, Fla., April 2, 2018 /PRNewswire/ -- Tech Data (TECD) today announced that CRN®, a brand of The Channel Company, has recognized two of its partner programs, TechSelect and Practice Builder™, with "Five-Star" ratings in its 2018 Partner Program Guide. This annual guide is the definitive listing of partner programs from technology vendors and distributors that provide products and services through the IT channel. The Five-Star Partner Program Guide rating recognizes an elite subset of companies that offer solution providers the best partnering elements in their channel programs.
NEW YORK, March 19, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Stocks, such as Oshkosh, trading at a market price below their true values are considered to be undervalued. Smart investors can make money from this discrepancy by buying these shares,Read More...
Tech Data's (TECD) fiscal fourth-quarter 2018 results benefit from the buyout of Technology Solutions and diverse product portfolio. However, increase in expenses remains an overhang on the bottom line.
NEW YORK, NY / ACCESSWIRE / March 9, 2018 / Shares of Tech Data Corporation were in the red on Thursday after reporting a miss in its earnings for the fourth quarter. Shares of Net Element were soaring ...
NEW YORK, NY / ACCESSWIRE / March 8, 2018 / Tech Data Corporation (NASDAQ: TECD ) will be discussing their earnings results in their Q4 Earnings Call to be held on March 8, 2018 at 9:00:00 AM Eastern Time. ...
The Clearwater, Florida-based company said it had profit of 3 cents per share. Earnings, adjusted for pretax expenses and costs related to mergers and acquisitions, were $3.50 per share. The results did ...
CLEARWATER, Fla. , March 8, 2018 /PRNewswire/ -- Tech Data (NASDAQ: TECD) (the "Company") today announced its financial results for the fourth quarter ended January 31, 2018. Fourth quarter ...
CLEARWATER, Fla. , March 7, 2018 /PRNewswire/ -- Tech Data (Nasdaq: TECD) today announced the availability of Cisco Spark™ collaboration software and Cisco Umbrella™ cloud security on its StreamOne Cloud ...
CLEARWATER, Fla., March 6, 2018 /PRNewswire/ -- Tech Data (TECD) today announced that it has been named Fortinet's 2017 North America Distribution Partner of the Year. Tech Data was honored during Fortinet's Accelerate 18 global partner and user conference, an annual gathering of more than 2,300 top customers and partners from around the world. The Fortinet 2017 Partner of the Year Awards recognize outstanding cybersecurity sales, customer experience, collaboration and marketing achievements from the company's distributors, resellers and service providers.