NYSE:SNX - SYNNEX Stock Price, Price Target & More

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$114.68 -1.61 (-1.38 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$116.29
Today's Range$114.16 - $115.80
52-Week Range$93.87 - $141.94
Volume162,495 shs
Average Volume270,638 shs
Market Capitalization$4.66 billion
P/E Ratio12.94
Dividend Yield1.22%
Beta0.98

About SYNNEX (NYSE:SNX)

SYNNEX logoSYNNEX 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.

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Industry, Sector and Symbol

Industry Computers, peripherals, & software
Sub-IndustryTechnology Distributors
SectorComputer and Technology
SymbolNYSE:SNX
CUSIP87162W10
Phone510-656-3333

Debt

Debt-to-Equity Ratio0.48
Current Ratio1.48
Quick Ratio0.86

Price-To-Earnings

Trailing P/E Ratio12.94
Forward P/E Ratio11.23
P/E GrowthN/A

Sales & Book Value

Annual Sales$17.05 billion
Price / Sales0.27
Cash Flow$12.7140 per share
Price / Cash9.02
Book Value$57.14 per share
Price / Book2.01

Profitability

EPS (Most Recent Fiscal Year)$8.86
Net Income$301.17 million
Net Margins1.46%
Return on Equity16.52%
Return on Assets5.58%

Miscellaneous

Employees113,600
Outstanding Shares40,110,000

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 Friday, March 30th. Investors of record on Friday, April 13th will be given a dividend of $0.35 per share on Friday, April 27th. This represents a $1.40 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, April 12th. View SYNNEX's Dividend History.

How will SYNNEX's stock buyback program work?

SYNNEX announced that its Board of Directors has authorized a share buyback plan on Friday, June 23rd 2017, which allows the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.2% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

How were SYNNEX's earnings last quarter?

SYNNEX Co. (NYSE:SNX) announced its quarterly earnings results on Thursday, March, 29th. The business services provider reported $2.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.11 by $0.03. The business services provider earned $4.55 billion during the quarter, compared to analyst estimates of $4.47 billion. SYNNEX had a return on equity of 16.52% and a net margin of 1.46%. SYNNEX's revenue was up 29.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.82 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, 28th 2018. View Earnings Estimates for SYNNEX.

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

SYNNEX updated its second quarter earnings guidance on Thursday, March, 29th. The company provided earnings per share (EPS) guidance of $2.25-2.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.41. The company issued revenue guidance of $4.58-4.78 billion, compared to the consensus revenue estimate of $4.72 billion.

What price target have analysts set for SNX?

6 brokers have issued 1-year price objectives for SYNNEX's stock. Their predictions range from $130.00 to $160.00. On average, they anticipate SYNNEX's stock price to reach $141.6667 in the next twelve months. View Analyst Ratings for SYNNEX.

Who are some of SYNNEX's key competitors?

Who are SYNNEX's key executives?

SYNNEX's management team includes the folowing people:
  • Mr. Dennis Polk, Pres and CEO (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?

News stories about SNX stock have trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SYNNEX earned a media sentiment score of 0.08 on Accern's scale. They also assigned headlines about the business services provider an impact score of 47.03 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are SYNNEX's major shareholders?

SYNNEX's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.15%), Dimensional Fund Advisors LP (4.45%), Northern Trust Corp (2.13%), Boston Partners (1.99%), Victory Capital Management Inc. (0.97%) and Prudential Financial Inc. (0.92%). 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 Dimensional Fund Advisors LP, Virginia Retirement Systems ET AL, Origin Asset Management LLP, WINTON GROUP Ltd, RMB Capital Management LLC, Victory Capital Management Inc., Comerica Bank and ClariVest Asset Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including Boston Partners, BlackRock Inc., Wells Fargo & Company MN, Silvercrest Asset Management Group LLC, Hsbc Holdings PLC, Barclays PLC, Stevens Capital Management LP and Russell Investments Group Ltd.. 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 $114.68.

How big of a company is SYNNEX?

SYNNEX has a market capitalization of $4.66 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 (SNX)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  396 (Vote Outperform)
Underperform Votes:  440 (Vote Underperform)
Total Votes:  836
MarketBeat'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 6/18/2018 by MarketBeat.com Staff

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