SNX vs. ARW, NSIT, AGYS, CNXN, SCSC, RELL, PLUS, CLMB, TTD, and ADSK
Should you be buying TD SYNNEX stock or one of its competitors? The main competitors of TD SYNNEX include Arrow Electronics (ARW), Insight Enterprises (NSIT), Agilysys (AGYS), PC Connection (CNXN), ScanSource (SCSC), Richardson Electronics (RELL), ePlus (PLUS), Climb Global Solutions (CLMB), Trade Desk (TTD), and Autodesk (ADSK).
TD SYNNEX (NYSE:SNX) and Arrow Electronics (NYSE:ARW) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, dividends, community ranking, institutional ownership, profitability, valuation, analyst recommendations and media sentiment.
TD SYNNEX received 159 more outperform votes than Arrow Electronics when rated by MarketBeat users. However, 68.70% of users gave Arrow Electronics an outperform vote while only 61.99% of users gave TD SYNNEX an outperform vote.
TD SYNNEX currently has a consensus target price of $121.82, suggesting a potential downside of 6.18%. Arrow Electronics has a consensus target price of $134.67, suggesting a potential upside of 3.41%. Given Arrow Electronics' higher probable upside, analysts plainly believe Arrow Electronics is more favorable than TD SYNNEX.
Arrow Electronics has a net margin of 2.28% compared to TD SYNNEX's net margin of 1.12%. Arrow Electronics' return on equity of 14.61% beat TD SYNNEX's return on equity.
Arrow Electronics has lower revenue, but higher earnings than TD SYNNEX. Arrow Electronics is trading at a lower price-to-earnings ratio than TD SYNNEX, indicating that it is currently the more affordable of the two stocks.
In the previous week, Arrow Electronics had 12 more articles in the media than TD SYNNEX. MarketBeat recorded 21 mentions for Arrow Electronics and 9 mentions for TD SYNNEX. TD SYNNEX's average media sentiment score of 0.93 beat Arrow Electronics' score of 0.35 indicating that TD SYNNEX is being referred to more favorably in the media.
TD SYNNEX has a beta of 1.59, meaning that its stock price is 59% more volatile than the S&P 500. Comparatively, Arrow Electronics has a beta of 1.39, meaning that its stock price is 39% more volatile than the S&P 500.
84.0% of TD SYNNEX shares are held by institutional investors. Comparatively, 99.3% of Arrow Electronics shares are held by institutional investors. 1.9% of TD SYNNEX shares are held by company insiders. Comparatively, 0.6% of Arrow Electronics shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Summary
Arrow Electronics beats TD SYNNEX on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SNX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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