TD SYNNEX Corporation (SNX)
| Market Cap | 10.04B |
| Revenue (ttm) | 57.02B |
| Net Income (ttm) | 675.79M |
| Shares Out | 85.09M |
| EPS (ttm) | 7.74 |
| PE Ratio | 15.18 |
| Forward PE | 9.53 |
| Dividend | $1.60 (1.36%) |
| Ex-Dividend Date | Oct 11, 2024 |
| Volume | 181,906 |
| Open | 117.24 |
| Previous Close | 116.90 |
| Day's Range | 116.95 - 118.06 |
| 52-Week Range | 98.70 - 133.85 |
| Beta | 1.39 |
| Analysts | Buy |
| Price Target | 134.75 (+14.25%) |
| Earnings Date | Jan 9, 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]
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 $622.05 million, a decrease of -3.85%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for SNX stock is "Buy." The 12-month stock price forecast is $134.75, which is an increase of 14.25% from the latest price.
News
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...
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...
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.
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...
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...
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.
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.
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...
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.
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 ...
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...
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...
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...
1Password Partners with TD SYNNEX
TORONTO--(BUSINESS WIRE)--1Password Partners with TD SYNNEX.
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...
Hyve Solutions Develops Advanced Network Switches to Accelerate Rack-Level AI Deployment at Scale
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, is pleased to...
TD SYNNEX Launches Destination AI™ Practice Accelerator to Expand Partner Go-to-Market Efforts for Aggregated AI Solutions
FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced its Destination AI™ Practice Accelerator in North America to fast-track partner AI go-to-market efforts and monetization.
TD SYNNEX Report: Channel Partners Seek Balance Between Accelerating AI Innovation and Core Technologies
FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX today published its Third Annual Direction of Technology Report, a result of a survey of more than 1,000 global partners.
Iterate.ai Partners with TD SYNNEX to Bring Advanced AI Solutions to Global Reseller Network
The partnership enables thousands of TD SYNNEX partners to offer Iterate.ai's cutting-edge AI tools—including its innovative Generate application for secure and flexible LLMs The partnership enables t...
SentryBay Partnership With TD SYNNEX To Provide Critical Endpoint Protection For Microsoft AVD and W365 Environments
LONDON--(BUSINESS WIRE)-- #avd--SentryBay, the leaders in endpoint protection, has come to a partnership agreement with TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecos...
TD Synnex Corp.: FY25 Should Be A Better Year
I maintain a buy rating for SNX due to improving PC demand, AI adoption, and a complex IT environment driving growth. 3Q24 revenue grew 5% y/y to $14.7 billion, beating expectations; however, gross ma...
TD SYNNEX Corporation (SNX) Q3 2024 Earnings Call Transcript
TD SYNNEX Corporation (NYSE:SNX) Q3 2024 Results Conference Call September 26, 2024 9:00 AM ET Company Participants David Jordan - Chief Financial Officer of Americas and Head of Investor Relations P...
TD SYNNEX Reports Fiscal 2024 Third Quarter Results
FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal third quarter ended August 31, 2024. Consolidated Financial Highlights for t...
TD SYNNEX Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
TD SYNNEX Corporation SNX will release earnings results for its third quarter, before the opening bell on Thursday, Sept. 26.
Acronis Announces First Ever #TeamUp Partnership in Germany with FC Bayern Basketball, Backed by TD SYNNEX
MUNICH, Germany, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Acronis, a global leader in cybersecurity and data protection, is excited to announce its latest Acronis #TeamUp Partner, FC Bayern Munich Basketbal...