Last €50.99 EUR
Change Today +0.467 / 0.92%
Volume 0.0
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As of 10:55 AM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

tech data corp (TDT) Snapshot

Open
€50.48
Previous Close
€50.52
Day High
€51.03
Day Low
€50.38
52 Week High
09/3/14 - €52.92
52 Week Low
01/7/14 - €36.89
Market Cap
2.0B
Average Volume 10 Days
2.0
EPS TTM
--
Shares Outstanding
38.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TECH DATA CORP (TDT)

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tech data corp (TDT) Details

Tech Data Corporation is engaged in the wholesale distribution of technology products. It distributes and markets approximately 150,000 products, including peripherals, physical security, consumer electronics, digital signage, and mobile phone hardware and accessories, as well as provides 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, as well as a suite of electronic commerce tools comprising Internet order entry and electric 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.

9,100 Employees
Last Reported Date: 04/9/14
Founded in 1974

tech data corp (TDT) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $1.7M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $1.1M
President of Europe
Total Annual Compensation: $1.1M
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $646.1K
Chief Accounting Officer, Senior Vice Preside...
Total Annual Compensation: $584.9K
Compensation as of Fiscal Year 2014.

tech data corp (TDT) Key Developments

Tech Data Mulls Acquisitions

Tech Data Corp. (NasdaqGS:TECD) is looking for acquisitions. Jeff Howells, Executive Vice President and Chief Financial Officer of Tech Data Corp. said, "We'd like to do it with growing the business organically. And then as we said last year when we reported Q4, we had potentially unachievable net cash days. We had 19 days of cash invested in the business on January 31 of last year and normal should be 22 to 24 days of cash. And that move back up from 19 to 22 or 24 days of cash consumes about $70 million a day of cash so that's why year to date we have not generated cash. So we could be fortunate again and end with 19, 20 or 21 days, but it's more of a 22- to 24-day model. So that's where I say when you look at our cash flow, circle three years, average the three years. Pick any three. I don't care which ones because those anomalies happen on the photo finish in four different quarters in how it's reported. So reasonable stock buybacks, organic growth, and then look at selective acquisitions to continue diversification, primarily in our current geographies."

Tech Data Corp. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months October 31, 2014; Provides Earnings Guidance for the Fourth Quarter Ending January 31, 2015 and Provides Capital Expenditure Guidance for the Fiscal Year 2015

Tech Data Corp. announced unaudited consolidated earnings results for the third quarter and nine months October 31, 2014. For the quarter, the company reported net sales of $6,761,181,000 against $6,373,564,000 a year ago. Operating income was $66,745,000 against $63,880,000 a year ago. Income before income taxes was $60,479,000 against $58,156,000 a year ago. Net income was $41,700,000 or $1.09 per diluted share against $58,156,000 or $0.99 per diluted share a year ago. Non-GAAP operating income was $70,803,000 against $63,352,000 a year ago. Non-GAAP net income was $45,304,000 or $1.18 per diluted share against $39,637,000 or $1.04 per diluted share a year ago. Net cash used in operating activities in the third quarter was approximately $108 million. Capital expenditures were $7.8 million. For the nine months, the company reported net sales of $20,331,141,000 against $18,848,797,000 a year ago. Operating income was $165,951,000 against $129,770,000 a year ago. Income before income taxes was $144,470,000 against $112,239,000 a year ago. Net income was $94,495,000 or $2.46 per diluted share against $70,171,000 or $1.84 per diluted share a year ago. Non-GAAP operating income was $196,252,000 against $157,652,000 a year ago. Non-GAAP net income was $115,840,000 or $3.02 per diluted share against $92,589,000 or $2.42 per diluted share a year ago. Return on invested capital on a non-GAAP basis for the trailing twelve months ended October 31, 2014 was 11%. Net cash used in operating activities approximately $58 million of cash. This compares to net cash provided by operating activities of $266 million in the prior year nine-month period. For the fourth quarter ending January 31, 2015, the company expects year-over-year low single-digit sales growth in both regions in local currency. The company also expects a non-GAAP effective tax rate of 27 to 29%. For the fiscal year 2015, the company expected capital expenditures of $32 million.

Tech Data Corporation Announces Key Functionality Enhancements to TDEngage

Tech Data Corporation announced key functionality enhancements to TDEngage, its suite of marketing solutions and services that enable new business opportunities through lead generation. With the new Tech Data TDEngage platform, end users can now purchase products directly through solution providers' websites containing syndicated online content from the IT vendors. With more than 1,000 resellers already leveraging the cost-effective TDEngage platform, the new e-commerce functionality will help increase sales for solution providers through their websites. Enhancements to TDEngage include: white labeled e-commerce store. Product catalog that syncs with Tech Data's comprehensive catalog and updated daily. Provides the latest and lowest prices available. Includes product details and descriptions as well as vendor marketing showcases. Direct link to Tech Data logistics for end-user fulfillment.

 

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Industry Analysis

TDT

Industry Average

Valuation TDT Industry Range
Price/Earnings 11.6x
Price/Sales 0.1x
Price/Book 1.1x
Price/Cash Flow 11.6x
TEV/Sales 0.1x
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