TD SYNNEX Corporation (SNX)

NYSE: SNX · IEX Real-Time Price · USD
112.40
-1.59 (-1.39%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-1.39%
Market Cap 9.80B
Revenue (ttm) 56.41B
Net Income (ttm) 632.02M
Shares Out 87.15M
EPS (ttm) 6.87
PE Ratio 16.36
Forward PE 9.35
Dividend $1.60 (1.42%)
Ex-Dividend Date Jul 12, 2024
Volume 642,626
Open 113.84
Previous Close 113.99
Day's Range 112.31 - 114.65
52-Week Range 89.73 - 133.85
Beta 1.47
Analysts Buy
Price Target 122.80 (+9.25%)
Earnings Date Jun 25, 2024

About 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... [Read more]

Sector Technology
IPO Date Nov 25, 2003
Employees 28,000
Stock Exchange NYSE
Ticker Symbol SNX
Full Company Profile

Financial Performance

In 2023, TD SYNNEX's revenue was $57.56 billion, a decrease of -7.68% compared to the previous year's $62.34 billion. Earnings were $626.91 million, a decrease of -3.75%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SNX stock is "Buy." The 12-month stock price forecast is $122.8, which is an increase of 9.25% from the latest price.

Price Target
$122.8
(9.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TD SYNNEX Recognized by Dell Technologies as 2024 Distributor of the Year in Multiple Regions

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX has been recognized as Dell Technologies' 2024 Distributor of the Year in multiple regions.

14 hours ago - Business Wire

TD SYNNEX Reports Fiscal 2024 Second Quarter Results

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal second quarter ended May 31, 2024. Consolidated Financial Highlights for the...

Other symbols: M
7 days ago - Business Wire

GETTRX™ Is Now Offering ACH Transactions on Its GETTRX One™ Platform

TORRANCE, Calif.--(BUSINESS WIRE)--GETTRX™ has announced that their newest platform, GETTRX One™, now gives users access to ACH transactions. This comes in addition to the existing capabilities for ac...

Other symbols: OGI
7 days ago - Business Wire

TD SYNNEX Announces Patrick Zammit to Become CEO

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced that Patrick Zammit will become Chief Executive Officer, succeeding Rich Hume, who will retire after a transformative CEO tenu...

12 days ago - Business Wire

TD SYNNEX to Announce Second Quarter Fiscal 2024 Results on June 25, 2024

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced it will report its financial results for the second quarter of fiscal 2024 before the U.S. market opens on Tu...

4 weeks ago - Business Wire

Hyve Solutions Integrates Latest Intel® Xeon® 6 Processor for Superior AI and Cloud Performance

FREMONT, Calif.--(BUSINESS WIRE)--Hyve Solutions Corporation, a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, today announc...

4 weeks ago - Business Wire

TD SYNNEX Appoints Alim Dhanji as Chief Human Resources Officer

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced today that Alim Dhanji will join the company as its new Chief Human Resources Officer, effective June 10.

4 weeks ago - Business Wire

TD SYNNEX Net Zero Targets Approved by SBTi

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced its near & long-term science-based emissions reduction targets have been approved by the Science Based Targets initiative (SBTi...

5 weeks ago - Business Wire

Hedge funds cut stakes in Magnificent Seven to invest in broader AI boom

Hedge funds started cutting their stakes in the Magnificent Seven in the first quarter of 2024 and investing in broader artificial intelligence stocks instead, a new Goldman Sachs analysis shows.

5 weeks ago - Market Watch

TD SYNNEX Introduces MSP Evolve to Empower MSP Growth Strategies

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX has launched MSP Evolve, a resource designed to optimize operational excellence and accelerate business growth for the unique needs of MS...

6 weeks ago - Business Wire

TD SYNNEX Launches High-Growth Technology Center of Excellence to Enable Partner Evolution

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX launched a High-Growth Technology Center of Excellence to accelerate partners' ability to tackle complex digital transformation initiativ...

6 weeks ago - Business Wire

TD SYNNEX Launches IBM® watsonx™ Gold 100 Program to Accelerate AI Opportunities for Partners

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced the launch of their IBM® watsonx™ Gold 100 program.

7 weeks ago - Business Wire

Tech Data Capital to Launch in Singapore, India, and Australia to Empower Partner Growth Through Flexible Financial Solutions

SINGAPORE--(BUSINESS WIRE)--Tech Data, a TD SYNNEX Company, is launching Tech Data Capital in Singapore, Australia, and India, offering flexible financing solutions powered by selected financial insti...

2 months ago - Business Wire

Hyve Solutions Named Design Partner for NVIDIA HGX Product Line

FREMONT, Calif.--(BUSINESS WIRE)--Hyve Solutions Corporation, a leading provider of hyperscale digital infrastructures, has become a design partner for the NVIDIA HGX platform.

2 months ago - Business Wire

TD SYNNEX CommunitySolv Kicks off Spring 2024 Events

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--This week, TD SYNNEX (NYSE:SNX) is kicking off its Spring 2024 programming for CommunitySolv, its North American partner community.

3 months ago - Business Wire

Scality and TD SYNNEX partner to meet ransomware protection requirements for organizations in Germany, Austria and Switzerland

Collaboration advances enterprise cyber-resiliency footprint across hybrid environments with immutable object storage software SAN FRANCISCO , April 9, 2024 /PRNewswire/ – Scality , a global leader in...

3 months ago - PRNewsWire

TD SYNNEX Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing of the previously announced secondary public offering ...

3 months ago - Business Wire

TD SYNNEX Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced a proposed secondary public offering of 5,309,299 shares of its co...

3 months ago - Business Wire

TD SYNNEX Announces Pricing of Upsized Secondary Public Offering of Common Stock and Concurrent Share Repurchase

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing and upsize of the previously announced secondary publi...

3 months ago - Business Wire

Cyolo Security Announces Partnership with TD SYNNEX

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--TD SYNNEX Partners can now move their clients beyond mere “accessing” to “operating” safely and securely.

3 months ago - Business Wire

TD SYNNEX Reports Fiscal 2024 First Quarter Results; Announces New $2B Share Repurchase Authorization

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal first quarter ended February 29, 2024. Consolidated Financial Highlights for...

Other symbols: M
3 months ago - Business Wire

TD SYNNEX Recognizes Chair Emeritus and Technology Pioneer Matthew Miau

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--In honor of his retirement from the Board of Directors, TD SYNNEX (NYSE: SNX) celebrates the remarkable legacy of Matthew Miau, a visionary leader ...

3 months ago - Business Wire

TD SYNNEX Recognized by NVIDIA Partner Network as Distribution Partner of the Year in the Americas

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) announced it has been selected by the NVIDIA Partner Network (NPN) as the Distribution Partner of the Year in the Americas.

3 months ago - Business Wire

Ping Identity Expands Authorized Training Partner Network with TD SYNNEX and ExitCertified

Extensive training partnerships provide resources and expertise on identity and access management DENVER , March 19, 2024 /PRNewswire/ -- Ping Identity , a leading provider of seamless and secure digi...

3 months ago - PRNewsWire

Hyve Solutions Showcases Next-Generation AI Lifecycle Solutions at NVIDIA GTC AI Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Hyve Solutions Corporation, a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, is showcasin...

3 months ago - Business Wire