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Synnex Corporation (SNX)

NYSE: SNX · IEX Real-Time Price · USD
105.00 -0.49 (-0.46%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap10.08B
Revenue (ttm)23.42B
Net Income (ttm)490.78M
Shares Out51.28M
EPS (ttm)9.40
PE Ratio11.17
Forward PE11.27
Dividend$0.60 (0.57%)
Ex-Dividend DateOct 14, 2021
Volume189,738
Open105.71
Previous Close105.49
Day's Range104.75 - 107.24
52-Week Range61.20 - 130.68
Beta1.67
AnalystsBuy
Price Target140.14 (+33.5%)
Est. Earnings DateJan 11, 2022

About SNX

TD SYNNEX provides business process services in the United States and internationally. The company distributes peripherals; and information technology systems, including system components, software, networking, communications and security equipment, consumer electronics, and complementary products, as well as designs and integrates data center equipment. It also provides systems design and integration solutions, build-to-order, and configure-to-order assembly capabilities; logistics services that comprise outsourced fulfillment, virtual distrib...

IndustryElectronic Equipment, Instruments & Components
IPO DateNov 25, 2003
CEODennis Polk
Employees9,100
Stock ExchangeNYSE
Ticker SymbolSNX
Full Company Profile

Financial Performance

In 2020, Synnex's revenue was $24.68 billion, an increase of 3.87% compared to the previous year's $23.76 billion. Earnings were $529.16 million, an increase of 5.68%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for Synnex stock is "Buy." The 12-month stock price forecast is 140.14, which is an increase of 33.47% from the latest price.

Price Target
$140.14
(33.47% upside)
Analyst Consensus: Buy

News

Tech Data Capital and Cohesity Deliver Smart Payment Solutions

FREMONT, Calif. and CLEARWATER, Fla.

3 days ago - PRNewsWire

TD SYNNEX (SNX) Rides on Rising IT Spending and New Deals

TD SYNNEX (SNX) continues to gain from growing worldwide IT spending amid rapid digital transformation by focusing on innovative product launches and new deal wins.

4 days ago - Zacks Investment Research

TD SYNNEX Earns the Microsoft Business Applications 2021-2022 Inner Circle Award

FREMONT, Calif. & CLEARWATER, Fla.

1 week ago - PRNewsWire

SNX or WIT: Which Is the Better Value Stock Right Now?

SNX vs. WIT: Which Stock Is the Better Value Option?

Other symbols:WIT
1 week ago - Zacks Investment Research

Elisity Strengthens TD SYNNEX Cybersecurity Offerings

SAN JOSE, Calif. & GREENVILLE, S.C.--(BUSINESS WIRE)--Elisity, Inc. today announced that TD SYNNEX will add Elisity's Zero Trust Access platform to its cybersecurity portfolio.

1 week ago - Business Wire

EfficientIP North America and TD SYNNEX Announce Strategic Distribution Agreement

WEST CHESTER, Pa.--(BUSINESS WIRE)--EfficientIP, a leading provider of network security and automation solutions specializing in DNS-DHCP-IP Address Management (DDI), today announced a new strategic Nor...

1 week ago - Business Wire

TD SYNNEX (SNX) Launches World of Inspiration Virtual Demo Lab

TD SYNNEX (SNX) launches World of Inspiration, a virtual lab, on its SMB Connect Program to visualize and collaborate on multi-vendor solutions with an immersive approach.

1 week ago - Zacks Investment Research

Tech Data, a Legacy Company of TD SYNNEX Awarded the 2021 Americas Distributor of the Year from Nutanix

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX, a global distributor and solutions aggregator for the IT ecosystem announced their legacy company, Tech Data, has been awarded Nutanix's 2...

2 weeks ago - Business Wire

TD SYNNEX Launches World of Inspiration Virtual Demo Lab

FREMONT, Calif. and CLEARWATER, Fla.

2 weeks ago - PRNewsWire

TD SYNNEX (SNX) Boosts Security Portfolio with Tugboat Partnership

TD SYNNEX's (SNX) latest partnership agreement with the leading security compliance solution provider, Tugboat Logic, will further enhance its security portfolio.

2 weeks ago - Zacks Investment Research

Tugboat Logic and TD SYNNEX Team Up in First-Time Distribution Agreement

TD SYNNEX Expands Security Portfolio with Tugboat Logic's Leading Security Compliance and Assurance SaaS Platform BURLINGAME, Calif., Oct. 5, 2021 /PRNewswire/ -- Tugboat Logic by OneTrust, a leading se...

2 weeks ago - PRNewsWire

Tech Data, a Legacy Company of TD SYNNEX Receives FY21 Americas Distributor of the Year Award from Cohesity

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX, a global distributor and solutions aggregator for the IT ecosystem announced their legacy company, Tech Data, has received the FY21 Americ...

3 weeks ago - Business Wire

TD Synnex: Q3 Earnings Insights

TD Synnex(NYSE:SNX) stock rose by 1.75% on Wednesday after the company reported its Q3 earnings results on Tuesday, September 28, 2021 at 08:00 AM. Here's what investors need to know about the announcem...

3 weeks ago - Benzinga

TD SYNNEX (SNX) Beats Q3 Earnings Estimates, Misses on Revenues

Though the prevailing industry-wide supply-chain constraint hurt TD SYNNEX's (SNX) top-line growth, efficient cost management boosted profitability.

3 weeks ago - Zacks Investment Research

Synnex (SNX) Surpasses Q3 Earnings Estimates

Synnex (SNX) delivered earnings and revenue surprises of 4.90% and -0.48%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

TD Synnex Issues Cautious Q4 Outlook Due To Supply Chain Crisis

IT ecosystem distributor and solutions aggregator TD Synnex (NYSE: SNX) reported a third-quarter FY21 revenue decline of 1.9% year-on-year to $5.21 billion, missing the consensus of $5.23 billion. Margi...

3 weeks ago - Benzinga

TD SYNNEX Reports Third Quarter Fiscal 2021 Results

FREMONT, Calif. and CLEARWATER, Fla.

3 weeks ago - PRNewsWire

What's in the Offing for TD SYNNEX's (SNX) Q3 Earnings?

Increased demand for hardware and tools, which support remote working, is anticipated to have aided TD SYNNEX's (SNX) Q3 performance.

3 weeks ago - Zacks Investment Research

TD SYNNEX (SNX) Partners With Zscaler For Zero Trust Security

TD SYNNEX (SNX) commences partnership with global cloud security-as-a-service provider Zscaler to leverage zero trust security solutions through the latter's Zero Trust Exchange platform.

Other symbols:ZS
4 weeks ago - Zacks Investment Research

TD SYNNEX Announces Partnership with Zscaler

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX today announced a partnership with Zscaler which enables partners to purchase security solutions and services as part of the Zscaler™ Zero ...

4 weeks ago - Business Wire

Analysts Estimate Synnex (SNX) to Report a Decline in Earnings: What to Look Out for

Synnex (SNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

TD SYNNEX (SNX) Inks Deal With Indeni, Boosts Security Portfolio

TD SYNNEX's (SNX) latest agreement with the Israeli software maker, Indeni, will further enhance its networking security portfolio.

1 month ago - Zacks Investment Research

McAfee Enterprise and IBM Security Simplify Security Operations for TD SYNNEX Customers

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, McAfee Enterprise announced that it has collaborated with IBM Security to develop an integrated solution for TD SYNNEX customers that provides visibility, inves...

1 month ago - Business Wire

TD SYNNEX (SNX) Signs Distribution Deal With Palo Alto

TD SYNNEX (SNX) partners with Palo Alto Networks to enhance its networking security portfolio, thereby strengthening its presence in India & SAARC.

1 month ago - Zacks Investment Research

Tech Data Signs Distribution Partnership with Palo Alto Networks in India & SAARC

MUMBAI, India--(BUSINESS WIRE)--Tech Data, a TD SYNNEX company today announced it has signed a distribution agreement for India & SAARC with Palo Alto Networks, the global cybersecurity leader, to provi...

1 month ago - Business Wire