Synnex Corporation (SNX)

NYSE: SNX · IEX Real-Time Price · USD
104.54
-2.03 (-1.90%)
At close: Aug 19, 2022 4:00 PM
104.54
0.00 (0.00%)
After-hours: Aug 19, 2022 7:00 PM EDT
-1.90%
Market Cap 10.02B
Revenue (ttm) 51.56B
Net Income (ttm) 495.39M
Shares Out 95.85M
EPS (ttm) 5.89
PE Ratio 17.75
Forward PE 7.97
Dividend $1.10 (1.05%)
Ex-Dividend Date Jul 14, 2022
Volume 185,191
Open 105.74
Previous Close 106.57
Day's Range 104.24 - 106.57
52-Week Range 88.21 - 130.93
Beta 1.48
Analysts Buy
Price Target 147.32 (+40.9%)
Earnings Date Sep 26, 2022

About SNX

TD SYNNEX Corporation provides business process services in the United States and internationally. The company distributes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, consumer electronics, information technology ("IT") systems including data center server and storage solutions, system components, software, networking, communications and security equipment, consumer electronics, and complementary products. It also provides systems design and integration solutions, build-to-order, and ... [Read more...]

Industry Electronic Equipment, Instruments & Components
IPO Date Nov 25, 2003
CEO Dennis Polk
Employees 22,000
Stock Exchange NYSE
Ticker Symbol SNX
Full Company Profile

Financial Performance

In 2021, Synnex's revenue was $31.61 billion, an increase of 58.25% compared to the previous year's $19.98 billion. Earnings were $395.07 million, a decrease of -25.34%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SNX stock is "Buy." The 12-month stock price forecast is 147.32, which is an increase of 40.92% from the latest price.

Price Target
$147.32
(40.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TD SYNNEX (SNX) Ties Up With Spatial Data Provider Matterport

Per the latest deal with Matterport, TD SYNNEX (SNX) will distribute Matterport's 3D digital twin platform among its huge client base, enabling the latter to expand its presence in the North American ma...

Why Synnex (SNX) is a Top Value Stock for the Long-Term

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TD SYNNEX Earns 2022 Great Place to Work Certification™

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) is proud to be Certified™ by Great Place to Work® in the company's first year since the completion of the merger. The prestigio...

TD SYNNEX to Participate in the KeyBanc Technology Leadership Forum

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) will attend the KeyBanc Technology Leadership Forum on August 9, 2022. Marshall Witt, CFO, will participate in a fireside chat ...

Synnex (SNX) Up 7.8% Since Last Earnings Report: Can It Continue?

Synnex (SNX) reported earnings 30 days ago. What's next for the stock?

TD SYNNEX Launches Channel Leading Independent Software Vendor Experience

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced today the launch of the most inclusive and comprehensive Independent Software Vendor (ISV) experience available in the market. Th...

Synnex (SNX) is a Top-Ranked Momentum Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

TD SYNNEX (SNX) to Offer Storage Gateway Hardware Appliance

Per the latest deal with Amazon Web Services, TD SYNNEX (SNX) will distribute AWS Storage Gateway Hardware Appliance for on-premise deployments.

TD SYNNEX to Distribute AWS Storage Gateway Hardware Appliance

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) has announced a plan to distribute Amazon Web Services (AWS) Storage Gateway Hardware Appliance, a physical, standalone, valida...

TD SYNNEX Announces Results of Senior Notes Exchange

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--Today, TD SYNNEX Corporation (the “Company”) announced the final results of the Company's offer to exchange the Company's outstanding unregistered no...

TD SYNNEX (SNX) Boosts Security Offerings With Seclore Deal

TD SYNNEX's (SNX) latest partnership with the data-centric security platform provider, Seclore, is likely to enhance its data protection offerings.

Seclore Announces Partnership with Global IT Solutions Aggregator TD SYNNEX

MILPITAS, Calif.--(BUSINESS WIRE)-- #cloudsecurity--Seclore, a platform leader in data-centric security, announced a new partnership with TD SYNNEX, a global IT distributor and solutions aggregator form...

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Other symbols: GOOGLMUNTRS

TD SYNNEX (SNX) Q2 Earnings Beat Estimates, Revenues Miss

TD SYNNEX's (SNX) second-quarter fiscal 2022 top line reflects the benefits of the inclusion of revenues from the last year's merger of Tech Data Corporation.

TD SYNNEX Recognized as Winner of 2022 Microsoft Worldwide Partner of the Year

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX today announced it has won the 2022 Microsoft Worldwide Partner of the Year Award for the second consecutive year. The company was honored ...

Why Is TD Synnex (SNX) Stock on the Move Today?

TD Synnex (SNX) stock is on the move Tuesday following the release of its earnings report for the second quarter of 2022. The post Why Is TD Synnex (SNX) Stock on the Move Today?

Synnex (SNX) Surpasses Q2 Earnings Estimates

Synnex (SNX) delivered earnings and revenue surprises of 4.21% and 0.45%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

TD SYNNEX Recognized as Hewlett Packard Global Distributor of the Year

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced today it has been recognized as a Hewlett Packard Enterprise (HPE) Global Distributor of the Year for 2022 as part of HPE's annua...

TD SYNNEX Reports Fiscal 2022 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, 2022.   Q2 FY22 Q1 FY22(2) Q2 FY21 Net Change fro...

Other symbols: M

TD SYNNEX, Ceragon + 3 Stocks To Watch Heading Into Tuesday

Some of the stocks that may grab investor focus today are: Wall Street expects TD SYNNEX Corporation (NYSE: SNX) to report quarterly earnings at $2.65 per share on revenue of $15.29 billion before the o...

TD SYNNEX's (SNX) Tech Data & Instructure Tie Up for LMS

Per the latest agreement, TD SYNNEX's (SNX) Tech Data partners with Utah-based educational technology company Instructure for LMS solutions.

TD SYNNEX (SNX) to Report Q2 Earnings: What's in the Offing?

TD SYNNEX's (SNX) Q2 performance is likely to have benefited from a steady IT spending environment due to rapid digital transformation and revenue contributions from the newly merged Tech Data business.

Tech Data Partners with Instructure to Amplify the Power of Teaching in India

NEW DELHI--(BUSINESS WIRE)--Tech Data, a TD SYNNEX Company, today announced a partnership with Instructure to bring its learning solutions to India. Instructure powers the world's smartest classrooms an...

TD SYNNEX (SNX) Expands Security Offering With Alert Logic Deal

TD SYNNEX's (SNX) latest distribution agreement with the managed detection and response solution provider, Alert Logic by HelpSystems, is likely to enhance its security portfolio.

TD SYNNEX Announces Senior Notes Exchange

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--Today, TD SYNNEX Corporation (the “Company”) announced that on June 14, 2022 it commenced an offer to exchange (the “Exchange Offer”) the Company's o...