TD SYNNEX Corporation (SNX)
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]
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 StatementsAnalyst 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.
News
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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.
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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...
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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...
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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...
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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...
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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...
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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.
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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...
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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.
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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...
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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...
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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.
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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...
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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.
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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.
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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...
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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 ...
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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...
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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...
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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.
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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...
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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 ...
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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.
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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...
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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...