NYSE:SNX - SYNNEX Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $93.08 -1.28 (-1.36 %) (As of 09/21/2018 04:00 PM ET)Previous Close$93.08Today's Range$92.82 - $94.9852-Week Range$92.22 - $141.94Volume470,480 shsAverage Volume264,917 shsMarket Capitalization$3.74 billionP/E Ratio10.51Dividend Yield1.48%Beta0.86 Company ProfileDiscussionAnalyst RatingsChartDividend HistoryEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email SYNNEX Corporation provides business process services in North and South America, the Asia-Pacific, Europe, and internationally. It operates in two segments, Technology Solutions and Concentrix. The Technology Solutions segment distributes peripherals; information technology systems, including data center server and storage solutions; system components; software; networking/communications/security equipment; consumer electronics; and complementary products. It also provides systems design and integration solutions, build-to-order, and configure-to-order assembly capabilities; logistics services that include outsourced fulfillment, virtual distribution, and direct ship to end-users; online services; and financing services comprising net terms, third party leasing, floor plan financing, and letters of credit backed financing and arrangements. In addition, this segment offers marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and Web-based marketing. This segment serves resellers, system integrators, and retailers. The Concentrix segment offers a portfolio of strategic solutions and end-to-end business services focused on customer engagement strategy, process optimization, technology innovation, front and back-office automation, and business transformation services. This segment serves clients in various industry verticals, including automotive, banking and financial services, consumer electronics, energy and public sector, healthcare, insurance, media and communications, retail and e-commerce, and technology, as well as travel, transportation, and tourism. The company was formerly known as SYNNEX Information Technologies, Inc. and changed its name to SYNNEX Corporation in October 2003. SYNNEX Corporation was founded in 1980 and is headquartered in Fremont, California. Receive SNX News and Ratings via Email Sign-up to receive the latest news and ratings for SNX and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Computers, peripherals, & software Sub-IndustryTechnology Distributors SectorComputer and Technology SymbolNYSE:SNX CUSIP87162W10 Webwww.synnex.com Phone510-656-3333 Debt Debt-to-Equity Ratio0.48 Current Ratio1.49 Quick Ratio0.91 Price-To-Earnings Trailing P/E Ratio10.51 Forward P/E Ratio9.22 P/E GrowthN/A Sales & Book Value Annual Sales$17.05 billion Price / Sales0.22 Cash Flow$12.7158 per share Price / Cash7.32 Book Value$57.14 per share Price / Book1.63 Profitability EPS (Most Recent Fiscal Year)$8.86 Net Income$301.17 million Net Margins1.49% Return on Equity16.69% Return on Assets5.40% Miscellaneous Employees113,600 Outstanding Shares39,630,000Market Cap$3.74 billion SYNNEX (NYSE:SNX) Frequently Asked Questions What is SYNNEX's stock symbol? SYNNEX trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNX." How often does SYNNEX pay dividends? What is the dividend yield for SYNNEX? SYNNEX declared a quarterly dividend on Thursday, June 28th. Stockholders of record on Friday, July 13th will be paid a dividend of $0.35 per share on Friday, July 27th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Thursday, July 12th. View SYNNEX's Dividend History. How will SYNNEX's stock buyback program work? SYNNEX declared that its Board of Directors has approved a stock repurchase plan on Friday, June 23rd 2017, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued. How were SYNNEX's earnings last quarter? SYNNEX Co. (NYSE:SNX) issued its quarterly earnings data on Thursday, June, 28th. The business services provider reported $2.38 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.30 by $0.08. The business services provider had revenue of $4.97 billion for the quarter, compared to analyst estimates of $4.66 billion. SYNNEX had a return on equity of 16.69% and a net margin of 1.49%. The company's quarterly revenue was up 26.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.08 EPS. View SYNNEX's Earnings History. When is SYNNEX's next earnings date? SYNNEX is scheduled to release their next quarterly earnings announcement on Wednesday, October, 3rd 2018. View Earnings Estimates for SYNNEX. What guidance has SYNNEX issued on next quarter's earnings? SYNNEX issued an update on its third quarter earnings guidance on Thursday, June, 28th. The company provided EPS guidance of $2.42-2.52 for the period, compared to the Thomson Reuters consensus estimate of $2.56. The company issued revenue guidance of $4.8-5.0 billion, compared to the consensus revenue estimate of $4.87 billion. What price target have analysts set for SNX? 7 Wall Street analysts have issued 12 month price targets for SYNNEX's stock. Their forecasts range from $130.00 to $160.00. On average, they anticipate SYNNEX's stock price to reach $139.1667 in the next year. This suggests a possible upside of 49.5% from the stock's current price. View Analyst Price Targets for SYNNEX. What is the consensus analysts' recommendation for SYNNEX? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYNNEX in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SYNNEX. Who are some of SYNNEX's key competitors? Some companies that are related to SYNNEX include Tech Data (TECD), ePlus (PLUS), Presidio (PSDO), ScanSource (SCSC), Wayside Technology Group (WSTG), Applied Visual Sciences (APVS), Speed Commerce (SPDC) and SED International (SEDN). Who are SYNNEX's key executives? SYNNEX's management team includes the folowing people: Mr. Dennis Polk, Pres, CEO & Director (Age 51)Mr. Marshall W. Witt, CFO & Principal Accounting Officer (Age 52)Mr. Christopher Caldwell, Exec. Vice-Pres (Age 45)Mr. Peter Larocque, Pres of North American Technology Solutions (Age 56)Mr. Mike Vaishnav, Sr. VP of Corp. Fin. & Treasurer Has SYNNEX been receiving favorable news coverage? Headlines about SNX stock have been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. SYNNEX earned a coverage optimism score of 0.18 on Accern's scale. They also assigned headlines about the business services provider an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for SYNNEX. Who are SYNNEX's major shareholders? SYNNEX's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (14.77%), BlackRock Inc. (9.28%), Dimensional Fund Advisors LP (4.42%), Northern Trust Corp (2.29%), Boston Partners (2.05%) and Bank of New York Mellon Corp (0.99%). Company insiders that own SYNNEX stock include Andrea M Zulberti, Dennis Polk, Developments Ltd Peer, Duane E Zitzner, Dwight Steffensen, Fred A Breidenbach, Gregory L Quesnel, Kevin M Murai, Marshall Witt, Matthew Miau, Peter Larocque, Simon Leung, Star Developments Ltd Silver and Thomas S Wurster. View Institutional Ownership Trends for SYNNEX. Which major investors are selling SYNNEX stock? SNX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Voya Investment Management LLC, Dimensional Fund Advisors LP, James Investment Research Inc., HL Financial Services LLC, Dupont Capital Management Corp, Stevens Capital Management LP and Raymond James & Associates. Company insiders that have sold SYNNEX company stock in the last year include Andrea M Zulberti, Dennis Polk, Dwight Steffensen, Fred A Breidenbach, Kevin M Murai, Marshall Witt, Matthew Miau, Peter Larocque, Simon Leung, Star Developments Ltd Silver and Thomas S Wurster. View Insider Buying and Selling for SYNNEX. Which major investors are buying SYNNEX stock? SNX stock was bought by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Equity Management, Northern Trust Corp, Wells Fargo & Company MN, Paradigm Capital Management Inc. NY, SG Americas Securities LLC, Schwab Charles Investment Management Inc., Canada Pension Plan Investment Board and Mutual of America Capital Management LLC. View Insider Buying and Selling for SYNNEX. How do I buy shares of SYNNEX? Shares of SNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is SYNNEX's stock price today? One share of SNX stock can currently be purchased for approximately $93.08. How big of a company is SYNNEX? SYNNEX has a market capitalization of $3.74 billion and generates $17.05 billion in revenue each year. The business services provider earns $301.17 million in net income (profit) each year or $8.86 on an earnings per share basis. SYNNEX employs 113,600 workers across the globe. How can I contact SYNNEX? SYNNEX's mailing address is 44201 NOBEL DRIVE, FREMONT CA, 94538. The business services provider can be reached via phone at 510-656-3333 or via email at [email protected] MarketBeat Community Rating for SYNNEX (NYSE SNX)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 413 (Vote Outperform)Underperform Votes: 473 (Vote Underperform)Total Votes: 886MarketBeat's community ratings are surveys of what our community members think about SYNNEX and other stocks. Vote "Outperform" if you believe SNX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SNX will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 9/22/2018 by MarketBeat.com StaffFeatured Article: How are the companies in the S&P 500 selected?