NYSE:SNX - SYNNEX Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $107.27 -0.18 (-0.17 %) (As of 04/19/2019 06:47 AM ET)Previous Close$107.45Today's Range$106.44 - $107.9452-Week Range$71.82 - $116.47Volume260,420 shsAverage Volume394,882 shsMarket Capitalization$5.49 billionP/E Ratio9.85Dividend Yield1.40%Beta0.73 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions 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 the Americas, Asia-Pacific, Europe and Africa. It operates in two segments, Technology Solutions and Concentrix. The Technology Solutions segment distributes peripherals; information technology systems, including data center servers and storage solutions; system components; software; networking, communications, and 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; cloud services; 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 outsourcing services focused on customer engagement, 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 Current SymbolNYSE:SNX Previous Symbol CUSIP87162W10 CIK1177394 Webwww.synnex.com Phone510-656-3333Debt Debt-to-Equity Ratio0.81 Current Ratio1.66 Quick Ratio1.03Price-To-Earnings Trailing P/E Ratio9.85 Forward P/E Ratio9.02 P/E Growth0.76 Sales & Book Value Annual Sales$20.05 billion Price / Sales0.27 Cash Flow$13.2432 per share Price / Cash Flow8.10 Book Value$68.54 per share Price / Book1.57Profitability EPS (Most Recent Fiscal Year)$10.89 Net Income$300.59 million Net Margins1.75% Return on Equity17.78% Return on Assets5.59%Miscellaneous Employees230,000 Outstanding Shares51,219,000Market Cap$5.49 billion Next Earnings Date6/27/2019 (Estimated) OptionableOptionable 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 announced a quarterly dividend on Thursday, March 28th. Stockholders of record on Friday, April 12th will be paid a dividend of $0.375 per share on Friday, April 26th. This represents a $1.50 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Thursday, April 11th. View SYNNEX's Dividend History. How will SYNNEX's stock buyback program work? SYNNEX announced that its Board of Directors has initiated a share repurchase plan on Friday, June 23rd 2017, which authorizes the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.2% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its stock is undervalued. How were SYNNEX's earnings last quarter? SYNNEX Co. (NYSE:SNX) released its earnings results on Wednesday, March, 27th. The business services provider reported $2.84 EPS for the quarter, beating analysts' consensus estimates of $2.75 by $0.09. The business services provider earned $5.25 billion during the quarter, compared to analysts' expectations of $5.29 billion. SYNNEX had a net margin of 1.75% and a return on equity of 17.78%. SYNNEX's revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.14 EPS. View SYNNEX's Earnings History. When is SYNNEX's next earnings date? SYNNEX is scheduled to release their next quarterly earnings announcement on Thursday, June 27th 2019. View Earnings Estimates for SYNNEX. What guidance has SYNNEX issued on next quarter's earnings? SYNNEX issued an update on its second quarter earnings guidance on Wednesday, March, 27th. The company provided earnings per share guidance of $2.62-2.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.68. The company issued revenue guidance of $5.40-5.70 billion, compared to the consensus revenue estimate of $5.48 billion. What price target have analysts set for SNX? 8 brokerages have issued 1-year target prices for SYNNEX's shares. Their predictions range from $100.00 to $140.00. On average, they expect SYNNEX's stock price to reach $126.50 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price. View Analyst Price Targets for SYNNEX. What is the consensus analysts' recommendation for SYNNEX? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYNNEX in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SYNNEX. Has SYNNEX been receiving favorable news coverage? Media stories about SNX stock have been trending positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. SYNNEX earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days. Who are some of SYNNEX's key competitors? Some companies that are related to SYNNEX include KINGDEE INTL SO/ADR (KGDEY), Tech Data (TECD), ePlus (PLUS), Presidio (PSDO), ScanSource (SCSC), Wayside Technology Group (WSTG), Applied Visual Sciences (APVS), Speed Commerce (SPDC) and SED International (SEDN). What other stocks do shareholders of SYNNEX own? Based on aggregate information from My MarketBeat watchlists, some companies that other SYNNEX investors own include JetBlue Airways (JBLU), Walt Disney (DIS), Visa (V), Micron Technology (MU), Netflix (NFLX), Alibaba Group (BABA), salesforce.com (CRM), Intel (INTC), NVIDIA (NVDA) and Cloudera (CLDR). Who are SYNNEX's key executives? SYNNEX's management team includes the folowing people: Mr. Dennis Polk, Pres, CEO & Director (Age 52)Mr. Marshall W. Witt, Chief Financial Officer (Age 53)Mr. Simon Y. Leung, Sr. VP, Gen. Counsel & Corp. Sec. (Age 53)Mr. Christopher Caldwell, Exec. Vice-Pres (Age 46)Mr. Peter Larocque, Pres of North American Technology Solutions (Age 57) Who are SYNNEX's major shareholders? SYNNEX's stock is owned by a number of of institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.11%), Louisiana State Employees Retirement System (0.02%), W.E. Donoghue & Co. LLC (0.02%), Private Trust Co. NA (0.01%), First Hawaiian Bank (0.01%) and First Citizens Bank & Trust Co. (0.01%). Company insiders that own SYNNEX stock 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 Institutional Ownership Trends for SYNNEX. Which institutional investors are buying SYNNEX stock? SNX stock was purchased by a variety of institutional investors in the last quarter, including W.E. Donoghue & Co. LLC, Brookstone Capital Management, First Hawaiian Bank, First Citizens Bank & Trust Co., Private Trust Co. NA, Retirement Systems of Alabama, Huntington National Bank and Louisiana State Employees Retirement System. Company insiders that have bought SYNNEX stock in the last two years include Matthew Miau and Star Developments Ltd Silver. 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 $107.27. How big of a company is SYNNEX? SYNNEX has a market capitalization of $5.49 billion and generates $20.05 billion in revenue each year. The business services provider earns $300.59 million in net income (profit) each year or $10.89 on an earnings per share basis. SYNNEX employs 230,000 workers across the globe. What is SYNNEX's official website? The official website for SYNNEX is http://www.synnex.com. 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: 447 (Vote Outperform)Underperform Votes: 522 (Vote Underperform)Total Votes: 969MarketBeat'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 4/19/2019 by MarketBeat.com StaffFeatured Article: What is the Difference Between Common Shares and Convertible Shares?