NYSE:SNX

TD SYNNEX (SNX) Stock Price, News & Analysis

$114.86
+1.54 (+1.36%)
(As of 04/22/2024 ET)
Today's Range
$112.70
$115.45
50-Day Range
$99.14
$118.23
52-Week Range
$86.30
$119.87
Volume
560,760 shs
Average Volume
1.70 million shs
Market Capitalization
$10.23 billion
P/E Ratio
16.67
Dividend Yield
1.39%
Price Target
$121.82

TD SYNNEX MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
6.1% Upside
$121.82 Price Target
Short Interest
Healthy
1.81% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.30
Upright™ Environmental Score
News Sentiment
0.87mentions of TD SYNNEX in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$3.88 M Sold Last Quarter
Proj. Earnings Growth
8.88%
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.

4.79 out of 5 stars

Computer And Technology Sector

48th out of 591 stocks

Computers, Peripherals, & Software Industry

1st out of 4 stocks

SNX stock logo

About TD SYNNEX Stock (NYSE:SNX)

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

The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
TD SYNNEX (NYSE:SNX) Shares Gap Up to $111.70
UBS Upgrades TD SYNNEX (SNX)
TD SYNNEX (NYSE:SNX) Upgraded to "Buy" by UBS Group
The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
Expert Outlook: TD Synnex Through The Eyes Of 7 Analysts
TD SYNNEX Reaches Analyst Target Price
See More Headlines
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Company Calendar

Ex-Dividend for 1/26 Dividend
1/18/2024
Dividend Payable
1/26/2024
Last Earnings
3/26/2024
Ex-Dividend for 4/26 Dividend
4/11/2024
Today
4/22/2024
Dividend Payable
4/26/2024
Next Earnings (Estimated)
6/25/2024
Fiscal Year End
11/30/2024

Industry, Sector and Symbol

Industry
Computers, peripherals, & software
Sub-Industry
Technology Distributors
CUSIP
87162W10
Employees
23,000
Year Founded
1980

Price Target and Rating

Average Stock Price Target
$121.82
High Stock Price Target
$145.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+6.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$626.91 million
Pretax Margin
1.41%

Debt

Sales & Book Value

Annual Sales
$57.56 billion
Cash Flow
$15.71 per share
Book Value
$88.56 per share

Miscellaneous

Free Float
87,407,000
Market Cap
$10.23 billion
Optionable
Optionable
Beta
1.64

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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 twelve months. 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 Wall Street analysts have issued 12-month price objectives for TD SYNNEX's shares. Their SNX share price targets range from $90.00 to $145.00. On average, they predict the company's stock price to reach $121.82 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
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 on January 1st, 2024. Since then, SNX shares have increased by 6.7% and is now trading at $114.86.
View the best growth stocks for 2024 here
.

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) released its quarterly earnings data on Tuesday, March, 26th. The business services provider reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.12. The business services provider earned $13.98 billion during the quarter, compared to the consensus estimate 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. Stockholders 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 1.39%. The ex-dividend date 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 1.41%. 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 EPS 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 a number of retail and institutional investors. Top institutional shareholders include Raymond James & Associates (0.27%), Portman Square Capital LLP (0.00%), Raymond James Financial Services Advisors Inc. (0.06%), State of Alaska Department of Revenue (0.04%), Alaska Permanent Fund Corp (0.03%) and State of Michigan Retirement System (0.02%). 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 4/23/2024 by MarketBeat.com Staff

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