SYNNEX Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYNNEX in the last twelve months. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SYNNEX stock.
View analyst ratings for SYNNEX or view top-rated stocks.

Wall Street analysts have given SYNNEX a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but SYNNEX wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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SYNNEX is scheduled to release its next quarterly earnings announcement on Tuesday, October 5th 2021.
View our earnings forecast for SYNNEX.

SYNNEX Co. (NYSE:SNX) posted its quarterly earnings data on Wednesday, June, 23rd. The business services provider reported $2.09 EPS for the quarter, topping analysts' consensus estimates of $1.93 by $0.16. The business services provider had revenue of $5.86 billion for the quarter, compared to analysts' expectations of $4.96 billion. SYNNEX had a trailing twelve-month return on equity of 19.97% and a net margin of 2.15%. The firm's revenue for the quarter was up 31.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.26 earnings per share.
View SYNNEX's earnings history.

SYNNEX's stock was trading at $101.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SNX stock has increased by 16.6% and is now trading at $117.78.
View which stocks have been most impacted by COVID-19.

SYNNEX announced a quarterly dividend on Friday, June 25th. Shareholders of record on Friday, July 16th will be paid a dividend of $0.20 per share on Friday, July 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date is Thursday, July 15th.
View SYNNEX's dividend history.

SYNNEX pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.67%. SYNNEX does not yet have a strong track record of dividend growth. The dividend payout ratio of SYNNEX is 5.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SYNNEX will have a dividend payout ratio of 9.01% next year. This indicates that SYNNEX will be able to sustain or increase its dividend.
View SYNNEX's dividend history.

SYNNEX issued an update on its third quarter 2021 earnings guidance on Thursday, July, 22nd. The company provided earnings per share (EPS) guidance of $1.900-$2.100 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.990. The company issued revenue guidance of $4.95 billion-$5.45 billion, compared to the consensus revenue estimate of $5.10 billion.

7 brokerages have issued 12 month price targets for SYNNEX's stock. Their forecasts range from $85.00 to $158.00. On average, they anticipate SYNNEX's share price to reach $130.00 in the next year. This suggests a possible upside of 10.4% from the stock's current price.
View analysts' price targets for SYNNEX or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to SYNNEX include Arrow Electronics (ARW), Insight Enterprises (NSIT), Agilysys (AGYS), PC Connection (CNXN), ScanSource (SCSC) and Richardson Electronics (RELL).
View all of SNX's competitors.

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

SYNNEX trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNX."

SYNNEX's stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Michigan Retirement System (0.46%), Alliancebernstein L.P. (0.18%), Monarch Partners Asset Management LLC (0.13%), Shaker Investments LLC OH (0.06%), Bowling Portfolio Management LLC (0.03%) and Oregon Public Employees Retirement Fund (0.03%). Company insiders that own SYNNEX stock include Andrea M Zulberti, Ann F Vezina, Dwight Steffensen, Fred A Breidenbach, Kevin M Murai, Marshall Witt, Matthew Miau, Michael Urban, Peter Larocque, Rong Zhou, Simon Leung, Star Developments Ltd Silver and Thomas S Wurster.
View institutional ownership trends for SYNNEX.

SNX stock was sold by a variety of institutional investors in the last quarter, including Shaker Investments LLC OH, Dupont Capital Management Corp, Cutler Group LP, Convergence Investment Partners LLC, and Versor Investments LP. Company insiders that have sold SYNNEX company stock in the last year include Ann F Vezina, Dwight Steffensen, Fred A Breidenbach, Kevin M Murai, Michael Urban, Peter Larocque, Rong Zhou, and Simon Leung.
View insider buying and selling activity for SYNNEX or view top insider-selling stocks.

SNX stock was purchased by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Bowling Portfolio Management LLC, Alliancebernstein L.P., Monarch Partners Asset Management LLC, GWM Advisors LLC, Raymond James Trust N.A., New Mexico Educational Retirement Board, and Islay Capital Management LLC. 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 activity for SYNNEX or or view top insider-buying stocks.

Shares of SNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SNX stock can currently be purchased for approximately $117.78.

SYNNEX has a market capitalization of $6.12 billion and generates $24.68 billion in revenue each year. The business services provider earns $529.16 million in net income (profit) each year or $13.68 on an earnings per share basis.

SYNNEX employs 288,800 workers across the globe.

The following companies are subsidiares of SYNNEX: 2117974 Ontario Inc., Administrative Services and Technologies to Enterprises Ltda., 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., Asset Ohio Fourth Street LLC, BPO Holdco Coöperatief U.A., Beijing Jumeng Technology Development Ltd., Brazil HoldCo Limited, CNX Services Jamaica Limited, Chongqing Jumeng Technologies Development Ltd., ComputerLand Corporation, Comstor Colombia S.A.S., Concentrix (Canada) Limited, Concentrix (Suzhou) Information Consulting Co. Limited, Concentrix Beteiligungen GmbH, Concentrix Brazil Outsourcing of Processes , Concentrix Business Services UK Limited, Concentrix CMG Canada ULC, Concentrix CMG Insurance Services LLC, Concentrix CRM Services Germany GmbH, Concentrix CRM Services Germany GmbH Belgium Branch, Concentrix CRM Services Germany GmbH Greece Branch, Concentrix CRM Services Germany GmbH Merkezi Almanya Istanbul Merkez Şubesi, Concentrix CRM Services Germany GmbH Netherlands Branch, Concentrix CRM Services Germany GmbH Netherlands Branch , Concentrix CRM Services Germany GmbH Russelsheim Switzerland Branch Zug, Concentrix CRM Services Germany GmbH Spółka z ograniczoną odpowiedzialnością Oddział w Polsce, Concentrix CRM Services Germany GmbH Sucursal en España, Concentrix CRM Services Hungary Kft, Concentrix CRM Services RO S.R.L., Concentrix CRM Services UK Limited, Concentrix CVG (Mauritius) Ltd, Concentrix CVG Brite Voice Systems LLC, Concentrix CVG CMG UK Limited, Concentrix CVG Contact Tunisie S.A.R.L., Concentrix CVG Corporation, Concentrix CVG Customer Management Australia Pty. Ltd., Concentrix CVG Customer Management Delaware LLC, Concentrix CVG Customer Management Group Inc., Concentrix CVG Customer Management Group Inc. Costa Rica Branch, Concentrix CVG Delaware Inc., Concentrix CVG Delaware International Inc., Concentrix CVG Delaware International Inc. French Branch, Concentrix CVG Egypt Limited Liability Company, Concentrix CVG France S.A.R.L., Concentrix CVG Funding Inc., Concentrix CVG Global Services AZ Inc., Concentrix CVG Global Services El Salvador S.A. de C.V., Concentrix CVG Global Services Honduras S.A., Concentrix CVG Global Services Hong Kong Limited, Concentrix CVG Government Solutions LLC, Concentrix CVG Group Limited, Concentrix CVG Group Servicios de Apoyo Informatico S.L., Concentrix CVG Holding LLC, Concentrix CVG Intelligent Contact Limited, Concentrix CVG International Bulgaria EOOD, Concentrix CVG International Holding Ltd., Concentrix CVG International Holding Ltd. Dominican Republic Branch, Concentrix CVG International Sp. Z.o.o., Concentrix CVG Italy S.R.L., Concentrix CVG LLC, Concentrix CVG Learning Solutions LLC, Concentrix CVG Malaysia (Philippines) SDN. BHD. Philippine Branch, Concentrix CVG Malaysia (Phillipines) Sdn. Bhd., Concentrix CVG Malaysia Sdn. Bhd., Concentrix CVG Nicaragua S.A., Concentrix CVG Philippines Inc., Concentrix CVG Pte. Ltd., Concentrix CVG Services Singapore Pte. Ltd., Concentrix CVG Services Singapore Pte. Ltd. ROHQ, Concentrix CVG Singapore Holdings Pte. Ltd., Concentrix CVG Singapore Holdings Pte. Ltd. ROHQ, Concentrix CVG Tunisie BPO S.A.R.L., Concentrix CVG Tunisie S.A.R.L., Concentrix Coop Holdco Limited, Concentrix Corporation, Concentrix Costa Rica S.A., Concentrix Daksh Services India Private Limited, Concentrix Daksh Services Philippines Corporation, Concentrix Digital Services Limited, Concentrix Duisburg GmbH, Concentrix Düsseldorf GmbH, Concentrix Europe Limited, Concentrix Frankfurt a. M. GmbH, Concentrix Free Trade Zone S.A., Concentrix GBS Limited, Concentrix Gera GmbH, Concentrix Global Holdings Inc., Concentrix Global Services GmbH, Concentrix Gmbh, Concentrix HK Limited, Concentrix Halle GmbH, Concentrix Insurance Administration Solutions Corporation, Concentrix International Europe B.V., Concentrix International GmbH, Concentrix International Services Europe B.V., Concentrix Investment Holdings Corporation, Concentrix Investment Holdings Singapore 1 Pte. Ltd, Concentrix Investment Holdings Singapore 2 Pte. Ltd, Concentrix Investment Holdings Singapore 3 Pte. Ltd, Concentrix Investments Europe B.V., Concentrix Ireland Contact Services Limited, Concentrix Ireland Limited, Concentrix Leipzig GmbH, Concentrix Logistics Corporation, Concentrix Management Holding GmbH & Co. KG, Concentrix México S. de R.L. de C.V, Concentrix Münster GmbH, Concentrix New (BVI) Corporation, Concentrix NewHK Limited, Concentrix Nicaragua S.A., Concentrix Osnabrück GmbH, Concentrix Rechenzentrum GmbH, Concentrix Romania S.R.L., Concentrix Schwerin GmbH, Concentrix Service Hungary KFT, Concentrix Services (Colombia) S.A.S., Concentrix Services (Dalian) Co. Ltd., Concentrix Services (Dalian) Co. Ltd. Beijing Branch, Concentrix Services (Dalian) Co. Ltd. Shanghai Branch, Concentrix Services (Germany) GmbH, Concentrix Services (Ireland) Limited, Concentrix Services (Netherlands) B.V., Concentrix Services (New Zealand) Limited, Concentrix Services (Poland) spólka z o.o., Concentrix Services (Saudi Arabia) Corporation LLC, Concentrix Services (Singapore) Pte. Ltd., Concentrix Services (Thailand) Co. Ltd, Concentrix Services (Uruguay) S.A., Concentrix Services Bulgaria EOOD, Concentrix Services Corporation, Concentrix Services Corporation Philippines Branch, Concentrix Services Germany GmbH Sverige filial, Concentrix Services GmbH, Concentrix Services Holdco (Netherlands) B.V., Concentrix Services India Private Limited, Concentrix Services Korea Limited, Concentrix Services Mexico S.A. de C.V., Concentrix Services Philippines Inc., Concentrix Services Portugal Sociedade Unipessoal LDA, Concentrix Services Pty Ltd, Concentrix Services Pty Ltd ROHQ, Concentrix Services Slovakia s.r.o., Concentrix Services Spain S.L.U., Concentrix Services UK Limited, Concentrix Services US Inc., Concentrix Technologies (India) Private Limited, Concentrix Technologies Limited, Concentrix Technologies Services (Canada) Limited, Concentrix Technology FZ-LLC, Concentrix VN Technologies Services Company Limited, Concentrix Verwaltungs GmbH, Concentrix Wismar GmbH, Concentrix Wuppertal GmbH, Convergys, Convergys Customer Management Colombia S.A.S., Convergys Customer Management Group Canada Holding Inc., Convergys Customer Management Group Inc. Philippines Branch, Convergys Customer Management International Inc., Convergys Customer Management International Inc. - Regional Operating Headquarters, Convergys Customer Management Mexico S. de R.L. de C.V., Convergys France S.A.R.L. (Mauritius Branch), Convergys Holdings (GB) Limited, Convergys Holdings (UK) Limited, Convergys Hungary Kft., Convergys India Services Private Limited, Convergys International Inc., Convergys International Nordic AB, Convergys Netherlands Investments B.V., Convergys Services Denmark ApS, Convergys Software Service (Beijing) Ltd., Convergys South Africa (Pty) Ltd., CyberLogistics Corporation, Dalian Jumeng Information Services Ltd., Dalian Jumeng Technology Development Ltd., EMJ America Inc., Encore Receivable Management Inc., Encore Receivable Management Inc. Philippines Branch, Foshan Jumeng Information Technology Service Co. Ltd, GLS Software S. de R.L., Guiyang Jumeng Technology Development Ltd., 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 LLP, 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 US Global Holding Corporation, IBM World Wide Customer Care, Intervoice Acquisition Subsidiary Inc., Intervoice Colombia Ltda., Intervoice GP Inc., Intervoice GmbH, Intervoice LLC Canada Branch, Intervoice LP Inc., Intervoice Limited, Intervoice Limited Partnership, Intervoice do Brasil Comércio Serviços e Participações Ltda., Jack Of All Games Inc., Japan Concentrix KK, LATAM HoldCo Limited, Lasting Holdings Corporation, License Online Inc, Minacs, Minacs Mexico S. de R.L. de C.V., PT Concentrix Services Indonesia, PT Convergys Customer Management Indonesia, Pegasus Telecom LLC, SCGS (Malaysia) SDN. BHD., SGS Holdings Inc., SGS Tunisie S.A.R.L., SIT Funding Corporation, SYNNEX Canada Limited, SYNNEX Finance Hybrid II LLC, SYNNEX Information Technologies (Beijing) Ltd., SYNNEX Information Technologies (Chengdu) Ltd., SYNNEX Information Technologies (China) Ltd., SYNNEX Japan Corporation, SYNNEX Japan Holdings K.K., SYNNEX Servicios S.A. de C.V., SYNNEX Software Technologies (HK) Limited, SYNNEX de México S.A. de C.V., SYNNEX-Concentrix UK Limited, Sennex Enterprises Limited, Servicios Afinasis S.A. de C.V., Shenzhen Shunrong Telecommunication Technologies Ltd., Shenzhen Shunrong Telecommunication Technologies Ltd. Foshan Branch, Sichuan 86Bridge Information Technology Ltd., Stream Business Process Outsourcing South Africa (Proprietary) Ltd., Stream Florida Inc., Stream Global Services - US Inc., Stream Global Services Danmark ApS, Stream Global Services Inc., Stream Holdings Corporation, Suzhou Ke Wei Xun Information Services Co. Ltd., Tech Data, The Global Email Trustee Limited, Tigerspike Co. Ltd, Tigerspike FZ LLC Rep. Office, Tigerspike FZ-LLC, Tigerspike Holdings Pty Ltd, Tigerspike Inc., Tigerspike Ltd, Tigerspike Products Pte. Ltd., Tigerspike Pte. Ltd., Tigerspike Pty Ltd, Velami Holdings Corporation, Vietnam Concentrix Services Company Limited, 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 Group Colombia Limitada, Westcon Group Costa Rica S.A., Westcon Group El Salvador S.A. de C.V., Westcon Group Inc., Westcon Group North America Inc., Westcon Group Panama S.A., Westcon Mexico S.A. de C.V., Westcon-Comstor, Xi'an Jumeng Technologies Development Ltd, and eTelecare Philippines Inc..

SYNNEX was founded in 1980.

The official website for SYNNEX is www.synnexcorp.com.

SYNNEX is headquartered at 44201 NOBEL DRIVE, FREMONT CA, 94538.

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]