TD SYNNEX (SNX) Stock Price, News & Analysis

+0.42 (+0.33%)
(As of 05/17/2024 ET)
Today's Range
50-Day Range
52-Week Range
702,205 shs
Average Volume
912,522 shs
Market Capitalization
$11.25 billion
P/E Ratio
Dividend Yield
Price Target

TD SYNNEX MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
3.5% Downside
$121.82 Price Target
Short Interest
2.09% of Shares Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.61mentions of TD SYNNEX in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$4.58 M Sold Last Quarter
Proj. Earnings Growth
From $11.38 to $12.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.64 out of 5 stars

Computer And Technology Sector

73rd out of 597 stocks

Computers, Peripherals, & Software Industry

1st out of 4 stocks

SNX stock logo


TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfillment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was founded in 1974 and is headquartered in Fremont, California.

SNX Stock Price History

SNX Stock News Headlines

Extreme Networks Snags an Upgrade on Inventory Normalization (SNX)
Extreme Networks Inc. (NASDAQ: EXTR) is a cloud-driven networking solutions provider that serves three seemingly “recession-proof” industries: government
Expert Outlook: TD Synnex Through The Eyes Of 7 Analysts
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 4/26 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Computers, peripherals, & software
Technology Distributors
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
9 Analysts


Net Income
$626.91 million
Pretax Margin


Sales & Book Value

Annual Sales
$57.56 billion
Cash Flow
$15.74 per share
Book Value
$88.56 per share


Free Float
Market Cap
$11.25 billion

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SNX Stock Analysis - Frequently Asked Questions

Should I buy or sell TD SYNNEX stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TD SYNNEX in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SNX shares.
View SNX analyst ratings
or view top-rated stocks.

What is TD SYNNEX's stock price target for 2024?

9 brokers have issued twelve-month price targets for TD SYNNEX's stock. Their SNX share price targets range from $90.00 to $145.00. On average, they expect the company's share price to reach $121.82 in the next year. This suggests that the stock has a possible downside of 3.5%.
View analysts price targets for SNX
or view top-rated stocks among Wall Street analysts.

How have SNX shares performed in 2024?

TD SYNNEX's stock was trading at $107.61 at the beginning of the year. Since then, SNX stock has increased by 17.3% and is now trading at $126.27.
View the best growth stocks for 2024 here

Are investors shorting TD SYNNEX?

TD SYNNEX saw a increase in short interest in April. As of April 30th, there was short interest totaling 1,860,000 shares, an increase of 55.0% from the April 15th total of 1,200,000 shares. Based on an average daily volume of 931,000 shares, the short-interest ratio is presently 2.0 days.
View TD SYNNEX's Short Interest

When is TD SYNNEX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 25th 2024.
View our SNX earnings forecast

How were TD SYNNEX's earnings last quarter?

TD SYNNEX Co. (NYSE:SNX) posted its earnings results on Tuesday, March, 26th. The business services provider reported $2.83 EPS for the quarter, beating analysts' consensus estimates of $2.71 by $0.12. The business services provider had revenue of $13.98 billion for the quarter, compared to analyst estimates of $14.37 billion. TD SYNNEX had a net margin of 1.12% and a trailing twelve-month return on equity of 12.16%.

How often does TD SYNNEX pay dividends? What is the dividend yield for TD SYNNEX?

TD SYNNEX announced a quarterly dividend on Tuesday, March 26th. Investors of record on Friday, April 12th will be given a dividend of $0.40 per share on Friday, April 26th. This represents a $1.60 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Thursday, April 11th.
Read our dividend analysis for SNX

Is TD SYNNEX a good dividend stock?

TD SYNNEX (NYSE:SNX) pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.29%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SNX will have a dividend payout ratio of 12.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SNX.

What guidance has TD SYNNEX issued on next quarter's earnings?

TD SYNNEX updated its second quarter 2024 earnings guidance on Tuesday, March, 26th. The company provided earnings per share guidance of 2.500-3.000 for the period, compared to the consensus earnings per share estimate of 2.780. The company issued revenue guidance of $13.3 billion-$14.9 billion, compared to the consensus revenue estimate of $14.3 billion.

What is Dennis Polk's approval rating as TD SYNNEX's CEO?

49 employees have rated TD SYNNEX Chief Executive Officer Dennis Polk on Glassdoor.com. Dennis Polk has an approval rating of 94% among the company's employees. This puts Dennis Polk in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of TD SYNNEX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TD SYNNEX investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ), QUALCOMM (QCOM), Salesforce (CRM), UnitedHealth Group (UNH), AbbVie (ABBV) and Broadcom (AVGO).

Who are TD SYNNEX's major shareholders?

TD SYNNEX's stock is owned by many different institutional and retail investors. Top institutional shareholders include Apollo Management Holdings L.P. (19.51%), Vanguard Group Inc. (7.45%), Nordea Investment Management AB (1.70%), LSV Asset Management (0.99%), Principal Financial Group Inc. (0.76%) and Burgundy Asset Management Ltd. (0.63%). Insiders that own company stock include Ann F Vezina, Apollo Management Holdings Gp,, Dennis Polk, Developments Ltd Peer, Dwight Steffensen, Fred A Breidenbach, Hau L Lee, Kevin M Murai, Kevin M Murai, Marshall Witt, Matthew Miau, Michael Urban, Patrick Zammit, Peter Larocque, Richard T Hume, Rong Zhou, Simon Leung and Star Developments Ltd Silver.
View institutional ownership trends

How do I buy shares of TD SYNNEX?

Shares of SNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does TD SYNNEX have any subsidiaries?
The following companies are subsidiares of TD SYNNEX: 2117974 Ontario Inc., AVT Technology Solutions Holdings LLC, AVT Technology Solutions LLC, Advanced Technology Trading Company Ltd., Afina Peru S.A.C., Afina S.R.L., Afina Sistemas Informaticos Limitada, Afina Sistemas Informaticos S.L., Afina Sistemas Sociedade Ltda., Afina Venezuela C.A., Afinasis S.A. de C.V., Ascendant Technology Holdings UK Limited, Ascendant Technology Limited, Asset Ohio Fourth Street LLC, Azlan European Finance Limited, Azlan GmbH, Azlan Group Limited, Azlan Limited, Azlan Logistics Limited, Azlan Scandinavia AB, Brazil HoldCo Limited, ComputerLand Corporation, Concentrix, Concentrix Corporation, Corporate Mobile Recycling Espana S.L., Corporate Mobile Recycling Ltd., CyberLogistics Corporation, DLT Solutions LLC, Dritte TENVA Property GmbH Nettetal, EKM Global Limited, EMJ America Inc., Exit Certified ULC, ExitCertified Corp., Finance Technology AS, GLS Software S. de R.L, Horizon Technical Services (UK) Limited, Horizon Technical Services AB, Hyve Design Solutions (Taiwan) Corporation, Hyve Design Solutions Corporation, Hyve IT Solutions Israel Ltd, Hyve IT Solutions South Africa (PTY) LTD, Hyve SNX Solutions Ireland Limited, Hyve Solutions (Taiwan) Corporation, Hyve Solutions Canada Limited, Hyve Solutions China Limited, Hyve Solutions Corporation, Hyve Solutions Europe Limited, Hyve Solutions HK Limited, Hyve Solutions Holding Company Limited, Hyve Solutions India Private Limited, Hyve Solutions Japan K.K., Hyve Solutions Korea Limited, Hyve Solutions Malaysia SDN. BHD, Hyve Solutions New Zealand Limited, Hyve Solutions Singapore Pte. Ltd., Hyve Solutions UK Limited, Hyve Solutions US Global Holding Corporation, IBM World Wide Customer Care, IQBlade Limited, Innovix Distribution Holdings (BVI) Limited, Instituto de Educacion Avanzada S. de R.L. de C.V., Jack Of All Games Inc., LATAM HoldCo Limited, Lasting Holdings Corporation, LatAm Holding B.V., License Online Inc., Magirus France Sarl, Managed Training Services Limited, Maneboard Limited, Minacs, PDSI B.V., PT Tech Data Advanced Solutions Indonesia, Pegasus Telecom LLC., SIT Funding Corporation, SYNNEX Canada Limited, SYNNEX Finance Hybrid II LLC, SYNNEX Holdco Inc., SYNNEX Information Technologies (Beijing) Ltd., SYNNEX Information Technologies (Chengdu) Ltd., SYNNEX Information Technologies (China) Ltd., SYNNEX Information Technologies (Guizhou) Ltd., SYNNEX Japan Corporation, SYNNEX Japan Holdings K.K., SYNNEX Logistics Corporation, SYNNEX Servicios S.A. de C.V., SYNNEX de México S.A. de C.V., Sennex Enterprises Limited, Servicios Afinasis S.A. de C.V., Spekter Technology LDA , Spire Sub LLC, TD AS Poland sp. z o.o., TD Advanced Solutions (Malaysia) Sdn. Bhd., TD Advanced Technology Solutions Chile Limitada, TD Facilities Ltd., TD Fulfillment Services LLC, TD Funding UK Limited, TD SYNNEX Canada Holdings Corp., TD SYNNEX Finance Limited, TD SYNNEX Global Holdings, TD Solucões Avancadas de Tecnologia Brasil Ltda., TD Tech Data AB, TD Tech Data Portugal Lda, TD Treasury UK Limited, TD UK Holding Limited, TD United Kingdom Acquisition Limited, TDAS Tech Data Ecuador CIA. LTDA., TS DivestCo B.V., TS Europe B.V., TS Holding Asia B.V., TS Holding and Financial Services B.V., TS Indonesian Holding B.V., Tec D (Malaysia) Sdn. Bhd., Tec D Advanced Solutions (Malaysia) Sdn. Bhd., Tec D Distribution (Malaysia) Sdn. Bhd., Tech Data, Tech Data (ANZ) Pty. Ltd., Tech Data (China) Limited, Tech Data (Hong Kong) Limited, Tech Data (Netherlands) B.V., Tech Data (Schweiz) GmbH, Tech Data (Singapore) Pte. Ltd., Tech Data AS ApS, Tech Data AS Colombia SAS, Tech Data AS Czech s.r.o., Tech Data AS Kft, Tech Data AS Pte. Ltd., Tech Data AS UK Limited, Tech Data AS d.o.o. Beograd, Tech Data Advanced Solutions (ANZ) Limited, Tech Data Advanced Solutions (India) Private Limited, Tech Data Advanced Solutions (Singapore) Pte. Ltd., Tech Data Advanced Solutions (Thailand) Limited, Tech Data Advanced Solutions (Vietnam) Company Limited, Tech Data Advanced Solutions S.r.l., Tech Data Argentina S.A., Tech Data B.V., Tech Data Bilgisayar Sistemleri Anonim Şirketi, Tech Data Brasil Ltda, Tech Data Canada Corporation, Tech Data Capital Canada ULC, Tech Data Capital LLC, Tech Data Capital Limited, Tech Data Computer & Equipment Company Limited, Tech Data Computer Service (Hong Kong) Limited, Tech Data Computer Service (Macau) Limited, Tech Data Corporation, Tech Data Croatia d.o.o., Tech Data Cyprus Holding Ltd, Tech Data Denmark ApS, Tech Data Distribution (Hong Kong) Limited, Tech Data Distribution (Singapore) Pte. Ltd., Tech Data Distribution Croatia d.o.o., Tech Data Distribution Limited, Tech Data Distribution s.r.o., Tech Data Education Inc., Tech Data Espana S.L.U., Tech Data Europe GmbH, Tech Data Europe Services and Operations S.L., Tech Data European Management GmbH, Tech Data Finance Partner LLC, Tech Data Finance SPV Inc., Tech Data Finance SRL, Tech Data Finland OY, Tech Data Florida Services Inc., Tech Data France Holding Sarl, Tech Data France S.A.S., Tech Data Funding Ltd, Tech Data Germany GmbH & Co. KG, Tech Data Global Finance L.P., Tech Data Global Holding Inc., Tech Data GmbH & Co. OHG, Tech Data Government Solutions LLC, Tech Data Holding Limited, Tech Data Holdings SRL, Tech Data Hungary Kft, Tech Data IT Solutions & Systems Management Limited, Tech Data Interactive Technology Limited, Tech Data International Sarl, Tech Data Italia s.r.l., Tech Data Latin America Inc., Tech Data Limited, Tech Data Lux Finance Sarl, Tech Data Management GmbH, Tech Data Marne SNC, Tech Data Mexico S. de R. L. de C.V., Tech Data Nederland B.V., Tech Data Norge AS, Tech Data Operations Center S.A., Tech Data Peru S.R.L., Tech Data Polska Sp.z.o.o., Tech Data Product Management Inc., Tech Data Resources LLC, Tech Data Resources LP, Tech Data Service GmbH, Tech Data Services UK Limited, Tech Data Slovakia s.r.o., Tech Data Strategy GmbH, Tech Data Tennessee Inc., Tech Data Treasury Asia Limited, Tech Data Treasury SRL, Tech Data Turkey Holding Anonim Sirketi, Tech Data UK Finance Limited, Tech Data UK Finance Partner Limited, Tech Data UK Resources Limited, Tech Data USA LLC, Tech Data Uruguay S.A., Tech Data Worldwide SRL, Tech Data d.o.o., Tech Data de Puerto Rico Inc., Tenva Holdings LLC, Tenva TS Canada ULC, Tenva TS Holdings Limited, Tenva TS Thailand LLC, Tiger Merger Holdings LLC, Tiger Midco LLC, VisionMAX, WG-UK Holding Company Limited, WG-US HoldCo Inc., Westcon Brasil Ltda., Westcon CALA Inc., Westcon Canada Systems (WCSI) Inc., Westcon Corporation Ecuador WCE Cia. Ltda., Westcon GDS LLC, Westcon Group Colombia Limitada, Westcon Group Costa Rica S.A, Westcon Group Inc., Westcon Group North America Inc, Westcon Group Panama S.A., Westcon Group Paraguay S.R.L., Westcon Group Uruguay S.R.L., Westcon Mexico S.A. de C.V., Westcon-Comstor Americas, and “Tech Data” Österreich GmbH.
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This page (NYSE:SNX) was last updated on 5/17/2024 by MarketBeat.com Staff

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