The stock closed at $62.38 on Tuesday.
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- TECD's revenue growth has slightly outpaced the industry average of 9.4%. Since the same quarter one year prior, revenues slightly increased by 9.4%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Compared to its closing price of one year ago, TECD's share price has jumped by 30.09%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, although almost any stock can fall in a broad market decline, TECD should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- TECH DATA CORP's earnings per share declined by 25.5% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, TECH DATA CORP increased its bottom line by earning $4.71 versus $4.49 in the prior year. This year, the market expects an improvement in earnings ($4.88 versus $4.71).
- TECD's debt-to-equity ratio is very low at 0.19 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.85 is somewhat weak and could be cause for future problems.
- You can view the full analysis from the report here: TECD Ratings Report
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