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TD SYNNEX Corporation (SNX)
NYSE:SNX
TD SYNNEX Corporation (SNX) Stock Price & Analysis
710 Followers
SNX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$88.76 - $133.38
Previous Close$112.5
Volume922.16K
Average Volume (3M)833.46K
Market Cap
$9.61B
Enterprise Value$13.04B
Total Cash (Recent Filing)$1.17B
Total Debt (Recent Filing)$4.60B
Price to Earnings (P/E)15.8
Beta1.05
Next Earnings
Sep 24, 2024EPS Estimate
$2.8Last Dividend Ex-Date
Jul 12, 2024Dividend Yield1.33%
Share Statistics
EPS (TTM)7.14
Shares Outstanding87,658,438
10 Day Avg. Volume770,217
30 Day Avg. Volume833,456
Standard Deviation0.12
R-Squared0.49
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)303.76
Price to Sales (P/S)0.79
Price to Cash Flow (P/CF)7.40
P/FCF Ratio7.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.23
Enterprise Value/Gross Profit3.29
Enterprise Value/Ebitda12.48
Forecast
1Y Price Target
$133.63Price Target Upside16.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
TD SYNNEX Corporation News
PremiumCompany Announcements
TD SYNNEX Announces Executive Leadership Changes and Compensation Revisions
Bulls Say, Bears Say
Bulls Say
Billings GrowthThe company reiterated its outlook for mid-to-high single-digit percentage billings growth driven by continued recovery in PC demand, data center investments, cloud deployments, increased hyperscale AI-driven capital expenditure, and expansion in software/security.
IT Spending EnvironmentOverall commentary from management indicates an improving IT spending environment.
Revenue GrowthExpecting year-over-year revenue growth in the second half of fiscal 2024 on strengthening demand for PCs and advanced solutions.
Bears Say
EarningsSNX’s F2Q24 EPS missed on worse-than-expected margins driven by up-front investments in a ramping Hyve customer and weakness in networking demand.
ForecastReducing fiscal 2024 and fiscal 2025 non-GAAP EPS forecasts primarily due to a reduction in revenue forecasts.
RevenueHigher mix of netted down items hurts revenue.
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Ownership Overview
31.79% Insiders
20.78% Mutual Funds
21.97% Other Institutional Investors
25.46% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SNX FAQ
What was TD SYNNEX Corporation’s price range in the past 12 months?
TD SYNNEX Corporation lowest stock price was $88.76 and its highest was $133.38 in the past 12 months.
What is TD SYNNEX Corporation’s market cap?
Currently, no data Available
When is TD SYNNEX Corporation’s upcoming earnings report date?
TD SYNNEX Corporation’s upcoming earnings report date is Sep 24, 2024 which is in 69 days.
How were TD SYNNEX Corporation’s earnings last quarter?
TD SYNNEX Corporation released its earnings results on Jun 25, 2024. The company reported $2.73 earnings per share for the quarter, missing the consensus estimate of $2.82 by -$0.09.
Is TD SYNNEX Corporation overvalued?
According to Wall Street analysts TD SYNNEX Corporation’s price is currently Undervalued.
Does TD SYNNEX Corporation pay dividends?
TD SYNNEX Corporation pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 1.33%. See more information on TD SYNNEX Corporation dividends here
What is TD SYNNEX Corporation’s EPS estimate?
TD SYNNEX Corporation’s EPS estimate is $2.8.
How many shares outstanding does TD SYNNEX Corporation have?
TD SYNNEX Corporation has 85,459,660 shares outstanding.
What happened to TD SYNNEX Corporation’s price movement after its last earnings report?
TD SYNNEX Corporation reported an EPS of $2.73 in its last earnings report, missing expectations of $2.82. Following the earnings report the stock price went down -9.567%.
Which hedge fund is a major shareholder of TD SYNNEX Corporation?
Among the largest hedge funds holding TD SYNNEX Corporation’s share is Brave Warrior Advisors LLC. It holds TD SYNNEX Corporation’s shares valued at 346M.
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TD SYNNEX Corporation Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$133.63 (16.11% Upside)
$133.63 (16.11% Upside)
Blogger Sentiment
Bullish
SNX Sentiment 83%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 3.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 19.6%
Last 30 Days ▼ 19.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.42%
12-Months-Change
Fundamentals
Return on Equity
7.85%
Trailing 12-Months
Asset Growth
-0.94%
Trailing 12-Months
Company Description
TD SYNNEX Corporation
SYNNEX Corp. engages in the provision of distribution, logistics and integration services for the technology industry. It operates through the following segments: Technology Solutions and Concentrix. The Technology Solutions segment distributes peripherals, IT systems including data center server and storage solutions, system components, software, networking equipment, consumer electronics, and complementary products. The Concentrix segment offers a portfolio of strategic solutions and end-to-end business services to customers in industry vertical markets. The company was founded by Robert T. Huang in November 1980 and is headquartered in Fremont, CA.
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SNX Company Deck
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SNX Earnings Call
Q2 2024
0:00 / 0:00
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SNX Stock 12 Month Forecast
Average Price Target
$133.63
▲(16.11% Upside)
Technical Analysis
Best Analysts Covering SNX
1 Year
1 Year Success Rate
21/28 ratings generated profit
1 Year Average Return
+25.22%
reiterated a buy rating 22 days ago
Copying Vincent Colicchio's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +25.22% per trade.
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