S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NYSE:SNX

SYNNEX Stock Forecast, Price & News

$110.17
+0.57 (+0.52%)
(As of 12/8/2021 04:00 PM ET)
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Compare
Today's Range
$108.38
$110.69
50-Day Range
$102.40
$114.43
52-Week Range
$77.16
$130.93
Volume
185,710 shs
Average Volume
299,068 shs
Market Capitalization
$10.58 billion
P/E Ratio
11.70
Dividend Yield
0.73%
Beta
1.7
30 days | 90 days | 365 days | Advanced Chart
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SYNNEX logo

About SYNNEX

TD SYNNEX Corp. engages in the provision of distribution, logistics and integration services for the technology industry. It operates through the following segments: Technology Solutions and Concentrix. The Technology Solutions segment distributes peripherals, IT systems including data center server and storage solutions, system components, software, networking equipment, consumer electronics, and complementary products. The Concentrix segment offers a portfolio of strategic solutions and end-to-end business services to customers in industry vertical markets. The company was founded by Robert T. Huang in November 1980 and is headquartered in Fremont, CA.

Headlines

TD SYNNEX (SNX) DLT to Offer Telos Cybersecurity Solutions
November 11, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Computers, peripherals, & software
Sub-Industry
Technology Distributors
CUSIP
87162W10
Employees
288,800
Year Founded
1980

Sales & Book Value

Annual Sales
$24.68 billion
Cash Flow
$21.07 per share
Book Value
$84.18 per share

Profitability

Net Income
$529.16 million
Pretax Margin
3.47%

Debt

Price-To-Earnings

Miscellaneous

Free Float
93,128,000
Market Cap
$10.58 billion
Optionable
Optionable

Company Calendar

Last Earnings
9/27/2021
Ex-Dividend
10/14/2021
Dividend Payable
10/29/2021
Today
12/09/2021
Next Earnings (Estimated)
1/10/2022
Fiscal Year End
11/30/2022

Social Links


MarketRank

Overall MarketRank

3.14 out of 5 stars

Computer And Technology Sector

32nd out of 897 stocks

Computers, Peripherals, & Software Industry

1st out of 7 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 3.8 5 -4 -3 -2 -1 -












SYNNEX (NYSE:SNX) Frequently Asked Questions

Is SYNNEX a buy right now?

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

How has SYNNEX's stock been impacted by Coronavirus?

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 9.1% and is now trading at $110.17.
View which stocks have been most impacted by COVID-19
.

When is SYNNEX's next earnings date?

SYNNEX is scheduled to release its next quarterly earnings announcement on Monday, January 10th 2022.
View our earnings forecast for SYNNEX
.

How were SYNNEX's earnings last quarter?

SYNNEX Co. (NYSE:SNX) announced its earnings results on Monday, September, 27th. The business services provider reported $2.14 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.07 by $0.07. The business services provider earned $5.21 billion during the quarter, compared to the consensus estimate of $14.22 billion. SYNNEX had a net margin of 2.10% and a trailing twelve-month return on equity of 20.84%. The firm's revenue for the quarter was down 19.5% on a year-over-year basis. During the same period last year, the company earned $3.33 EPS.
View SYNNEX's earnings history
.

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

SYNNEX announced a quarterly dividend on Tuesday, September 28th. Stockholders of record on Friday, October 15th will be given a dividend of $0.20 per share on Friday, October 29th. This represents a $0.80 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Thursday, October 14th.
View SYNNEX's dividend history
.

Is SYNNEX a good dividend stock?

SYNNEX pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.73%. The dividend payout ratio of SYNNEX is 8.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SYNNEX will have a dividend payout ratio of 7.78% next year. This indicates that SYNNEX will be able to sustain or increase its dividend.
View SYNNEX's dividend history.

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

SYNNEX updated its fourth quarter 2021 earnings guidance on Tuesday, October, 26th. The company provided earnings per share (EPS) guidance of $2.500-$2.800 for the period, compared to the Thomson Reuters consensus estimate of $2.850. The company issued revenue guidance of $15 billion-$16 billion, compared to the consensus revenue estimate of $15.53 billion.

What price target have analysts set for SNX?

6 Wall Street analysts have issued 1 year price targets for SYNNEX's shares. Their forecasts range from $100.00 to $165.00. On average, they anticipate SYNNEX's share price to reach $139.60 in the next twelve months. This suggests a possible upside of 26.7% from the stock's current price.
View analysts' price targets for SYNNEX
or view top-rated stocks among Wall Street analysts.

Who are SYNNEX's key executives?

SYNNEX's management team includes the following people:
  • Richard T. Hume, Chief Executive Officer
  • Gina Rugani, Head-Business Operations & Vice President
  • Tim Rush, Senior Vice President-Operations
  • Marshall W. Witt, Chief Financial Officer
  • Gary Gulmon, Chief Information Officer & Senior Vice President

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

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.

Who are some of SYNNEX's key competitors?

What other stocks do shareholders of SYNNEX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SYNNEX investors own include NVIDIA (NVDA), 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).

What is SYNNEX's stock symbol?

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

Who are SYNNEX's major shareholders?

SYNNEX's stock is owned by many different institutional and retail investors. Top institutional shareholders include Apollo Management Holdings L.P. (44.57%), BlackRock Inc. (3.62%), Dimensional Fund Advisors LP (1.90%), Nordea Investment Management AB (1.26%), Lyrical Asset Management LP (1.02%) and LSV Asset Management (0.74%). Company insiders that own SYNNEX stock include Andrea M Zulberti, Ann F Vezina, Dennis Polk, Dwight Steffensen, Fred A Breidenbach, Kevin M Murai, 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
.

Which institutional investors are selling SYNNEX stock?

SNX stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., State of Michigan Retirement System, Arrowstreet Capital Limited Partnership, Citigroup Inc., LSV Asset Management, Lyrical Asset Management LP, Voloridge Investment Management LLC, and BlackRock Inc.. Company insiders that have sold SYNNEX company stock in the last year include Ann F Vezina, Dennis Polk, Dwight Steffensen, Kevin M Murai, Peter Larocque, Rong Zhou, and Simon Leung.
View insider buying and selling activity for SYNNEX
or view top insider-selling stocks.

Which institutional investors are buying SYNNEX stock?

SNX stock was bought by a variety of institutional investors in the last quarter, including Apollo Management Holdings L.P., Nordea Investment Management AB, Ninety One UK Ltd, AXA S.A., Thrivent Financial for Lutherans, Cubist Systematic Strategies LLC, Twinbeech Capital LP, and Citadel Advisors 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.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SYNNEX's stock price today?

One share of SNX stock can currently be purchased for approximately $110.17.

How much money does SYNNEX make?

SYNNEX has a market capitalization of $10.58 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 $9.42 on an earnings per share basis.

How many employees does SYNNEX have?

SYNNEX employs 288,800 workers across the globe.

Does SYNNEX have any subsidiaries?

The following companies are subsidiares of SYNNEX: 2117974 Ontario Inc., 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 Administrative Services and Technologies to Enterprises Ltda., Concentrix Business Services UK Limited, Concentrix CMG Canada ULC, Concentrix CRM Services Germany GmbH, 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 Insurance Services 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 Colombia S.A.S., Concentrix CVG Customer Management Delaware LLC, Concentrix CVG Customer Management Group Inc., Concentrix CVG Delaware Inc., Concentrix CVG Delaware International Inc., 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 Holding LLC, Concentrix CVG Intelligent Contact Limited, Concentrix CVG International Bulgaria EOOD, Concentrix CVG International Holding Ltd., Concentrix CVG International Sp. Z.o.o., Concentrix CVG Ireland Contact Services Limited, Concentrix CVG Ireland Limited, Concentrix CVG Italy S.R.L., Concentrix CVG LLC, Concentrix CVG Learning Solutions LLC, Concentrix CVG Malaysia (Phillipines) Sdn. Bhd., Concentrix CVG Malaysia Sdn. Bhd., Concentrix CVG Philippines Inc., Concentrix CVG Pte. Ltd., Concentrix CVG Services Singapore Pte. Ltd., Concentrix CVG Servicios Informáticos S.L, Concentrix CVG Singapore Holdings Pte. Ltd., Concentrix CVG Tunisie BPO S.A.R.L., Concentrix CVG Tunisie S.A.R.L., 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 Gera GmbH, 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 Legal Services Company 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 Receivables Inc, Concentrix Rechenzentrum GmbH, Concentrix Romania S.R.L., Concentrix Schwerin GmbH, Concentrix Services (Colombia) S.A.S., Concentrix Services (Dalian) Co. Ltd., 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 GmbH, Concentrix Services Holdco (Netherlands) B.V., Concentrix Services Hungary KFT, 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 Slovakia s.r.o., Concentrix Services Spain S.L.U., Concentrix Services UK Limited, Concentrix Services US Inc., Concentrix Software Technologies (HK) Limited, Concentrix Solutions Corporation, Concentrix Technologies (India) Private Limited, Concentrix Technologies Limited, Concentrix Technologies Services (Canada) Limited, Concentrix Tigerspike Technology FZ-LLC, Concentrix VN Technologies Services Company Limited, Concentrix Verwaltungs GmbH, Concentrix Wismar GmbH, Concentrix Wuppertal GmbH, Convergys, Convergys Customer Management Group Canada Holding Inc., Convergys Customer Management International Inc., Convergys Customer Management Mexico S. de R.L. de C.V., Convergys Holdings (GB) Limited, Convergys Holdings (UK) Limited, Convergys India Services Private Limited, Convergys International Inc., Convergys International Nordic AB, Convergys Services Denmark ApS, Convergys South Africa (Pty) Ltd., CyberLogistics Corporation, Dalian Jumeng Information Services Ltd., Dalian Jumeng Technology Development Ltd., EMJ America Inc., Encore Receivable Management Inc., Foshan Jumeng Information Technology Service Co. Ltd, GLS Software S. de R.L., Guiyang Jumeng Technology Development Ltd., 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 US Global Holding Corporation, IBM World Wide Customer Care, Intervoice Acquisition Subsidiary Inc., Intervoice Colombia Ltda., Intervoice GP Inc., Intervoice GmbH, 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., 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 Japan Corporation, SYNNEX Japan Holdings K.K., SYNNEX Servicios S.A. de C.V., 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., Sichuan 86Bridge Information Technology Ltd., Stream Business Process Outsourcing South Africa (Proprietary) Ltd., Stream Florida Inc., Stream Global Services - US Inc., 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, 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 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 Mexico S.A. de C.V., Westcon-Comstor Americas, Xi'an Jumeng Technologies Development Ltd, and eTelecare Philippines Inc..

When was SYNNEX founded?

SYNNEX was founded in 1980.

What is SYNNEX's official website?

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

Where are SYNNEX's headquarters?

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

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, via email at [email protected], or via fax at 510-668-3777.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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