SNX

TD SYNNEX Corporation [SNX] Stock Forecast

Q: What is TD SYNNEX Corporation stock symbol ?

TD SYNNEX Corporation is a US stock, located in Fremont of Ca and trading under the symbol SNX

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SNX Stock Summary

Earnings have grown 97.2% per last year.

SNX's dividend payments are well covered by cash flows with cash payout ratio of 18.54%.

In the last year, shareholders have seen their holdings diluted. Dilution over past year is 84.27%

Earnings are expected to fall -34% next year

EPS has been decreasing for the past 3 quarters (Quarter statements)

SNX has less than 1 year of cash runway

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In the News

09:46 29 Sep 2023 SNX

TD SYNNEX (SNX) Q3 Earnings Top Estimates, Revenues Miss

While the weak demand for Endpoint Solutions hurts TD SYNNEX's (SNX) Q3 top line, lower revenues and higher interest rates weigh on the bottom line.

12:48 29 Sep 2023 SNX

TD Synnex (SNX) Q3 2023 Earnings Call Transcript

TD Synnex Corporation (NYSE:SNX ) Q3 2023 Earnings Conference Call September 26, 2023 9:00 AM ET Company Participants Rich Hume - Chief Executive Officer Marshall Witt - Chief Financial Officer Liz Morali - Head of Investor Relations Conference Call Participants Ananda Baruah - Loop Capital Michael Ng - Goldman Sachs Adam Tindle - Raymond James Keith Housum - Northcoast Research Joseph Cardoso - JP Morgan Matt Sheerin - Stifel Ruplu Bhattacharya - Bank of America George Wang - Barclays Patrick Jackson - RBC Capital Markets Operator Good morning. My name is Jael and I will be your conference operator today.

12:24 29 Sep 2023 SNX

TD Synnex shares slip as soft PC demand hits 3Q revenue

TD Synnex has reported a decline in third-quarter revenue as spending on new computers tails off following the COVID-19 pandemic. The IT services company's shares fell 4.2% to $97.60 by midday in New York.

10:31 29 Sep 2023 SNX

Synnex (SNX) Q3 Earnings Top Estimates

Synnex (SNX) came out with quarterly earnings of $2.78 per share, beating the Zacks Consensus Estimate of $2.47 per share. This compares to earnings of $2.74 per share a year ago.

01:14 29 Sep 2023 SNX

3 Under-the-Radar Tech Stocks That Could Take Off

U.S. stocks have rallied since the start of the year thanks to the significant performance of large tech stocks that dabble in Artificial Intelligence (AI). Big-cap tech companies have pushed the market to bullish territory while their prices reach new heights.

01:58 29 Sep 2023 SNX

Why These 7 Stocks Are the Best Ways to Play Tech Right Now

With the integration of advanced solutions such as generative artificial intelligence, the best tech stocks to buy have dominated investment-resource-related headlines. However, a common concern currently permeates the digital ecosystem: not wanting to hold the bag.

10:36 29 Sep 2023 SNX

TD SYNNEX (SNX) Falls as Q2 Earnings & Revenues Miss Estimates

While the weak demand for Endpoint Solutions hurts TD SYNNEX's (SNX) Q2 top line, lower revenues and higher interest rates weigh on the bottom line.

08:54 29 Sep 2023 SNX

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

TD SYNNEX's (SNX) Q2 performance is likely to have witnessed the negative impacts of a soft IT spending environment due to global recession concerns, unfavorable currency exchange rates and higher interest rates.

04:05 29 Sep 2023 SNX

TD SYNNEX to Announce Second Quarter Fiscal 2023 Results on June 27, 2023

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced it will report its financial results for the second quarter of fiscal 2023 before the U.S. market opens on Tuesday, June 27, 2023. A conference call to review the results will be held at 6:00 a.m. PT / 9:00 a.m. ET the same day, hosted by Rich Hume, CEO, and Marshall Witt, CFO. The quarterly earnings press release and a live audio webcast of the earnings call will be accessible at ir.tdsynnex.com, and a r.

12:56 29 Sep 2023 SNX

Why Is Synnex (SNX) Down 7% Since Last Earnings Report?

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

SNX Financial details

Company Rating

Strong Buy

Market Cap

9.57B

Income

670.17M

Revenue

60.79B

Book val./share

88.54

Cash/share

9.12

Dividend

1.35

Dividend %

1.36%

Employees

23.5K

Optionable

Shortable

Yes

Earnings

26 Sep 2023

P/E

13.94

Forward P/E

PEG

11.67

P/S

0.16

P/B

1.1

P/C

11.17

P/FCF

11.64

Quick Ratio

0.65

Current Ratio

1.23

Debt / Equity

0.5

LT Debt / Equity

0.46

EPS (TTM)

7.03

EPS next Y

EPS next Q

2.42

EPS this Y

8.12%

EPS next Y

EPS next 5Y

31.08%

EPS last 5Y

-1.41%

Revenue last 5Y

25.46%

Revenue Q/Q

-7.03%

EPS Q/Q

-19.89%

SMA20

SMA50

3.06%

SMA100

14.77%

Inst Own

84.92%

Inst Trans

ROA

ROE

ROC

0.07%

Gross Margin

Oper. Margin

Profit Margin

Payout

14%

Shs Outstand

92.03M

Shs Float

47.58M

Target Price

120

52W Range

78.86-111.57

52W High

-8.25%

52W Low

+30.56%

RSI

Rel Volume

1.23

Avg Volume

424.74K

Volume

520.99K

Perf Week

-0.8%

Perf Month

4.23%

Perf Quarter

8.21%

Perf Half Y

9.48%

Beta

1.52904

Volatility

1.88%, 1.58%

Prev Close

2.41%

Price

101.84

Change

4.87%

SNX Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-11-30

Metric	2018-11-30	2019-11-30	2020-11-30	2021-11-30	2022-11-30
Revenue per share	486.56	468.87	392.48	507.95	654.7
Net income per share	7.29	9.88	6.57	6.35	6.84
Operating cash flow per share	2.44	10.85	36.04	13.01	-0.52
Free cash flow per share	-0.6	8.14	32.15	12.13	-1.75
Cash per share	11.09	4.45	27.74	15.97	5.49
Book value per share	83.27	74.77	85.24	127.03	84.28
Tangible book value per share	-3.6	7.34	73.26	-14.85	-2.11
Share holders equity per share	83.27	74.77	85.24	127.03	84.28
Interest debt per share	85.91	62.83	33.41	69	45.43
Market cap	1.66B	3.11B	4.08B	6.44B	9.74B
Enterprise value	4.67B	5.9B	4.29B	9.58B	13.32B
P/E ratio	5.54	6.21	12.19	16.3	14.96
Price to sales ratio	0.08	0.13	0.2	0.2	0.16
POCF ratio	16.52	5.66	2.22	7.95	-196.39
PFCF ratio	-67.64	7.54	2.49	8.53	-58.45
P/B Ratio	0.48	0.82	0.94	0.81	1.21
PTB ratio	0.48	0.82	0.94	0.81	1.21
EV to sales	0.23	0.25	0.21	0.3	0.21
Enterprise value over EBITDA	8.61	6.99	5.01	13.01	10.47
EV to operating cash flow	46.32	10.73	2.34	11.83	-268.58
EV to free cash flow	-189.65	14.31	2.62	12.69	-79.94
Earnings yield	0.18	0.16	0.08	0.06	0.07
Free cash flow yield	-0.01	0.13	0.4	0.12	-0.02
Debt to equity	1.01	0.8	0.37	0.52	0.51
Debt to assets	0.3	0.26	0.12	0.15	0.14
Net debt to EBITDA	5.54	3.31	0.24	4.27	2.82
Current ratio	1.45	1.62	1.56	1.25	1.25
Interest coverage	6.51	2.84	6.6	3.95	3.63
Income quality	0.34	1.1	3.47	2.05	-0.08
Dividend Yield	0.04	0.02	0.01	0.01	0.01
Payout ratio	0.2	0.15	0.06	0.13	0.18
Sales general and administrative to revenue	0	0	0	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.31	0.29	0.05	0.32	0.28
Capex to operating cash flow	-1.24	-0.25	-0.11	-0.07	2.36
Capex to revenue	-0.01	-0.01	-0.01	0	0
Capex to depreciation	-0.56	-0.37	-0.58	-0.36	-0.25
Stock based compensation to revenue	0	0	0	0	0
Graham number	116.9	128.94	112.28	134.69	113.89
ROIC	0.05	0.05	0.07	0.04	0.05
Return on tangible assets	0.04	0.06	0.03	0.02	0.03
Graham Net	-83.47	-62.94	-79.9	-134.53	-94.22
Working capital	2.21B	2.85B	3.14B	3.5B	4.07B
Tangible asset value	-148.55M	371.84M	3.73B	-924.43M	-201.22M
Net current asset value	-948.61M	-456.52M	-360.6M	-2.03B	-1.21B
Invested capital	1.01	0.8	0.37	0.52	0.51
Average receivables	3.35B	4.08B	3.69B	6.25B	9.83B
Average payables	2.83B	3.09B	3.45B	7.89B	13.01B
Average inventory	2.34B	2.53B	2.62B	4.66B	7.85B
Days sales outstanding	70.17	65.99	56.24	108.86	59.95
Days payables outstanding	60.92	55.11	72.89	147.78	87.37
Days of inventory on hand	50.71	44.57	52.16	81.57	56.62
Receivables turnover	5.2	5.53	6.49	3.35	6.09
Payables turnover	5.99	6.62	5.01	2.47	4.18
Inventory turnover	7.2	8.19	7	4.47	6.45
ROE	0.09	0.13	0.08	0.05	0.08
Capex per share	-3.04	-2.71	-3.89	-0.88	-1.23

Quarterly Fundamentals Overview

Last date of statement is 2023-05-31 for Q2

Metric	2022-05-31	2022-08-31	2022-11-30	2023-02-28	2023-05-31
Revenue per share	159.95	161.45	171.32	160.47	150.58
Net income per share	1.56	1.56	2.33	1.77	1.43
Operating cash flow per share	10.85	-0.71	3.19	-1.09	7.58
Free cash flow per share	10.63	-1.04	2.78	-1.49	7.25
Cash per share	5.46	3.69	5.51	5.72	9.12
Book value per share	83.6	81.71	84.62	86.45	88.54
Tangible book value per share	-5.82	-4.82	-2.12	-0.79	0.67
Share holders equity per share	83.6	81.71	84.62	86.45	88.54
Interest debt per share	43.57	44.02	44.12	47.41	44.75
Market cap	9.91B	9.16B	9.7B	9.1B	8.35B
Enterprise value	13.5B	12.94B	13.28B	12.95B	11.6B
P/E ratio	16.64	15.38	10.96	13.62	15.68
Price to sales ratio	0.65	0.6	0.6	0.6	0.59
POCF ratio	9.57	-136.05	32.11	-88.51	11.8
PFCF ratio	9.77	-92.19	36.8	-64.95	12.33
P/B Ratio	1.24	1.18	1.21	1.12	1.01
PTB ratio	1.24	1.18	1.21	1.12	1.01
EV to sales	0.88	0.84	0.82	0.86	0.82
Enterprise value over EBITDA	48.41	45.23	33.59	37.08	40.62
EV to operating cash flow	13.04	-192.26	43.96	-125.95	16.39
EV to free cash flow	13.31	-130.28	50.38	-92.43	17.13
Earnings yield	0.02	0.02	0.02	0.02	0.02
Free cash flow yield	0.1	-0.01	0.03	-0.02	0.08
Debt to equity	0.52	0.53	0.51	0.54	0.5
Debt to assets	0.15	0.14	0.14	0.15	0.15
Net debt to EBITDA	12.87	13.22	9.06	11.02	11.39
Current ratio	1.26	1.25	1.25	1.26	1.3
Interest coverage	3.74	3.54	4.17	3.72	0.67
Income quality	6.96	-0.45	1.37	-0.62	5.32
Dividend Yield	0	0	0	0	0
Payout ratio	0.19	0.19	0.13	0.2	0.25
Sales general and administrative to revenue	0	0	0	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.3	0.28	0.28	0.28	0.29
Capex to operating cash flow	-0.02	0.48	-0.13	0.36	-0.04
Capex to revenue	0	0	0	0	0
Capex to depreciation	-0.21	-0.32	-0.36	-0.36	-0.29
Stock based compensation to revenue	0	0	0	0	0
Graham number	54.17	53.64	66.64	58.71	53.28
ROIC	0.01	0.01	0.02	0.02	0
Return on tangible assets	0.01	0.01	0.01	0.01	0.01
Graham Net	-90.86	-97.78	-94.61	-91.37	-85.02
Working capital	3.88B	3.95B	4.07B	4.17B	4.31B
Tangible asset value	-555.7M	-458.69M	-201.22M	-74.28M	62.5M
Net current asset value	-1.54B	-1.44B	-1.21B	-1.12B	-988.99M
Invested capital	0.52	0.53	0.51	0.54	0.5
Average receivables	9.36B	8.97B	9.65B	10.29B	9.85B
Average payables	12.29B	13.12B	13.85B	13.49B	12.57B
Average inventory	8.09B	9.09B	9.41B	8.72B	8.09B
Days sales outstanding	52.36	53.08	56.72	61.48	59.91
Days payables outstanding	78.73	85.51	82.89	82.84	83.38
Days of inventory on hand	53.03	60.8	53.73	53.36	53.58
Receivables turnover	1.72	1.7	1.59	1.46	1.5
Payables turnover	1.14	1.05	1.09	1.09	1.08
Inventory turnover	1.7	1.48	1.68	1.69	1.68
ROE	0.02	0.02	0.03	0.02	0.02
Capex per share	-0.22	-0.34	-0.41	-0.4	-0.32

SNX Dividend History

SNX Frequently Asked Questions

What is TD SYNNEX Corporation stock symbol ?

TD SYNNEX Corporation is a US stock , located in Fremont of Ca and trading under the symbol SNX

Is TD SYNNEX Corporation buy or a sell ?

1 stock analysts have 1 predictions with a medium analyst target price of $120. The lowest prediction is $120 and the highest is $120

What is SNX stock prediction ?

With a median analyst target price of $120, 1 stock analysts have made 1 forecasts in last 90 days. $120 is the lowest and $120 is the greatest projection.

What is TD SYNNEX Corporation stock quote today ?

TD SYNNEX Corporation stock price is $101.84 today.

Is TD SYNNEX Corporation stock public?

Yes, TD SYNNEX Corporation is a publicly traded company.

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Company Profile

Volume Average 424.74K
Market Capitalization 9.57B
Employee 23.5K
CEO Mr. Richard T. Hume
Headquarters Fremont,CA,US
IPO Date 2003-11-25
Website https://www.tdsynnex.com

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 configure-to-order assembly capabilities; logistics services that comprise outsourced fulfillment, virtual distribution, and direct ship to end-users; cloud services; online services; and financing services comprising net terms, third party leasing, floor plan financing, and letters of credit backed financing and arrangements. In addition, the company offers marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves resellers, system integrators, and retailers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California.