TD SYNNEX Corporation (SNX)

NYSE: SNX · Real-Time Price · USD
143.19
+1.69 (1.19%)
Jan 23, 2025, 4:00 PM EST - Market closed
1.19%
Market Cap 11.99B
Revenue (ttm) 58.45B
Net Income (ttm) 689.09M
Shares Out 83.72M
EPS (ttm) 7.95
PE Ratio 17.98
Forward PE 11.15
Dividend $1.60 (1.12%)
Ex-Dividend Date Oct 11, 2024
Volume 540,049
Open 140.84
Previous Close 141.50
Day's Range 140.75 - 143.60
52-Week Range 98.70 - 143.60
Beta 1.38
Analysts Strong Buy
Price Target 144.38 (+0.83%)
Earnings Date Jan 10, 2025

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 2024, TD SYNNEX's revenue was $58.45 billion, an increase of 1.56% compared to the previous year's $57.56 billion. Earnings were $689.09 million, an increase of 10.78%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SNX stock is "Strong Buy." The 12-month stock price forecast is $144.38, which is an increase of 0.83% from the latest price.

Price Target
$144.38
(0.83% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

TD Synnex: Better Than Expected FCF, Decrease In Restructuring Costs, And Cheap

TD SYNNEX's impressive quarterly free cash flow and reduced restructuring costs, alongside ongoing stock repurchases, suggest strong future financial performance and undervaluation. SNX's expertise an...

5 days ago - Seeking Alpha

Qlik Partners with TD SYNNEX to Scale Business AI Across North America and Europe

PHILADELPHIA--(BUSINESS WIRE)--Qlik partners with TD SYNNEX to scale its solutions for AI-driven data integration and analytics across North America and Europe.

7 days ago - Business Wire

TD SYNNEX Announces Upcoming Retirement of Hau Lee from Board of Directors

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced the upcoming retirement of Hau Lee from its Board of Directors (the “Board”). Lee, who has served as a Direct...

8 days ago - Business Wire

TD SYNNEX Earns Third-Consecutive Top Score in 2024-2025 Corporate Equality Index

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX has received a score of 100 on the Human Rights Campaign Foundation's 2024-2025 Corporate Equality Index.

8 days ago - Business Wire

TD Synnex Corp: All Steam Ahead For FY 2025

I maintain a buy rating for TD Synnex Corp. due to improving demand momentum and a positive growth outlook for FY25. SNX's 4Q24 earnings showed a 10% y/y revenue increase, driven by advanced solutions...

9 days ago - Seeking Alpha

TD SYNNEX Corporation (SNX) Q4 2024 Earnings Call Transcript

TD SYNNEX Corporation (NYSE:SNX) Q4 2024 Earnings Conference Call January 10, 2025 9:00 AM ET Company Participants Jack Huddleston - Head, Investor Relations Patrick Zammit - Chief Executive Officer ...

13 days ago - Seeking Alpha

TD SYNNEX Reports Fiscal 2024 Fourth Quarter and Full Year Results

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal fourth quarter and fiscal year ended November 30, 2024. Consolidated Financi...

13 days ago - Business Wire

TD SYNNEX Opens Innovation Studio with IBM to Provide Collaborative AI Enablement for Partners

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE:SNX), a leading global distributor and solutions aggregator, today announced the grand opening of their new North American Innovati...

16 days ago - Business Wire

TD SYNNEX Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

TD SYNNEX Corporation SNX will release earnings results for its fourth quarter, before the opening bell on Friday, Jan. 10, 2025.

21 days ago - Benzinga

TD SYNNEX Moves Fiscal 2024 Full Year and Fourth Quarter Earnings Release and Conference Call to January 10, 2025

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced it will reschedule its fourth quarter and full year fiscal 2024 earnings release and conference call, previou...

24 days ago - Business Wire

TD SYNNEX Appoints Kristie Grinnell as Chief Information Officer

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX today announced the appointment of Kristie Grinnell as Executive Vice President and Chief Information Officer, effective January 20, 202...

5 weeks ago - Business Wire

TD SYNNEX to Announce Fiscal 2024 Full Year and Fourth Quarter Results on January 9, 2025

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced it will report its financial results for the fourth quarter and full year of fiscal 2024 before the U.S. mark...

6 weeks ago - Business Wire

TD SYNNEX Awarded a 2024 AWS Partner Award

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX is excited to announce it is a recipient of a 2024 Geography and Global AWS Partner Award.

6 weeks ago - Business Wire

TD SYNNEX Completes Acquisition of IPsense's Cloud Migration Business in Brazil

SÃO PAULO--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX), a leading global distributor and aggregator of solutions for the IT ecosystem, today announced that it has completed its acquisition of the cloud mig...

7 weeks ago - Business Wire

Maxar Intelligence Announces Partnership with TD SYNNEX

WESTMINSTER, Colo.--(BUSINESS WIRE)--Maxar Intelligence, provider of secure, precise geospatial sights, today announced a new partnership with TD SYNNEX, a leading global distributor and solutions agg...

7 weeks ago - Business Wire

LastPass Announces Partnership with TD SYNNEX

BOSTON--(BUSINESS WIRE)--LastPass Announces Partnership with TD SYNNEX Ensuring password security and effortless access to credentials across customer IT ecosystem.

7 weeks ago - Business Wire

TD SYNNEX Report: Partners of the Future Embrace Collaboration, Advanced Solutions and Infrastructure in North America

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX today released the North American results of its third-annual Direction of Technology Report.

2 months ago - Business Wire

TD SYNNEX Elevates StreamOne® with New Commerce and Security Capabilities

FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)--As part of a commitment to innovation, TD SYNNEX is introducing new powerful, customer-centric capabilities for StreamOne®, its global cloud platf...

2 months ago - Business Wire

TD SYNNEX Strengthens Digital Platform Leadership with Addition of Tanuj Raja

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced today the appointment of industry veteran Tanuj Raja as Senior Vice President, North America Hyperscaler and Marketplace.

2 months ago - Business Wire

TD SYNNEX Becomes Sole Distributor of IBM Solutions Throughout the English and Dutch Caribbean

MIRAMAR, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX), a leading global distributor and solutions aggregator for the IT ecosystem, today announced its exclusive distribution agreement with IBM across ...

3 months ago - Business Wire

TD Synnex: Growing And Improving With Potential 22.4% Return From Covered Calls

IT spending and computer shipments are growing. SNX is undervalued and showing growth in revenue, margins, and cash flow returned to investors. The company announced a $2B share repurchase authorizati...

3 months ago - Seeking Alpha

TD SYNNEX Becomes First Global Solutions Aggregator to Achieve Amazon RDS Services Delivery Partner Status

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE:SNX) today announced it has earned the prestigious Amazon Relational Database Service (RDS) Services Delivery Specialization, makin...

3 months ago - Business Wire

TD SYNNEX Releases Results of Annual Direction of Technology Study

MEXICO CITY--(BUSINESS WIRE)--As part of its Power Up road show in Mexico City, TD SYNNEX (NYSE: SNX), a leading global distributor and aggregator of solutions for the IT ecosystem, presented its thir...

3 months ago - Business Wire

1Password Partners with TD SYNNEX

TORONTO--(BUSINESS WIRE)--1Password Partners with TD SYNNEX.

3 months ago - Business Wire

Hyve Solutions Announces New Orion Product Line Featuring NVIDIA HGX Platform at 2024 OCP Global Summit

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...

3 months ago - Business Wire