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TD Synnex Corp (NYSE: SNX) closed the day trading at $115.70 down -2.04% from the previous closing price of $118.11. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 0.5 million shares were traded. SNX stock price reached its highest trading level at $118.455 during the session, while it also had its lowest trading level at $115.335.
Ratios:
For a better understanding of SNX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.11. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.46.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on July 15, 2024, Upgraded its rating to Outperform and sets its target price to $140 from $135 previously.
On April 16, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $115 to $145.
JP Morgan Downgraded its Overweight to Neutral on January 08, 2024, whereas the target price for the stock was revised from $112 to $113.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 06 ’24 when LEUNG SIMON sold 6,249 shares for $123.17 per share. The transaction valued at 769,689 led to the insider holds 23,339 shares of the business.
LEUNG SIMON bought 6,249 shares of SNX for $769,705 on Nov 06 ’24. On Nov 04 ’24, another insider, HUME RICHARD T, who serves as the Director of the company, sold 20,000 shares for $116.28 each. As a result, the insider received 2,325,537 and left with 151,080 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNX now has a Market Capitalization of 9844681728 and an Enterprise Value of 13040963584. As of this moment, TD’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.96, and their Forward P/E ratio for the next fiscal year is 9.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 0.229 whereas that against EBITDA is 7.756.
Stock Price History:
Over the past 52 weeks, SNX has reached a high of $133.85, while it has fallen to a 52-week low of $96.08. The 50-Day Moving Average of the stock is -2.17%, while the 200-Day Moving Average is calculated to be -0.23%.
Shares Statistics:
Over the past 3-months, SNX traded about 579.62K shares per day on average, while over the past 10 days, SNX traded about 580180 shares per day. A total of 88.67M shares are outstanding, with a floating share count of 75.59M. Insiders hold about 11.17% of the company’s shares, while institutions hold 87.59% stake in the company. Shares short for SNX as of 1730332800 were 1562038 with a Short Ratio of 2.69, compared to 1727654400 on 1202995. Therefore, it implies a Short% of Shares Outstanding of 1562038 and a Short% of Float of 2.71.
Dividends & Splits
SNX’s forward annual dividend rate is 1.60, up from 1.6 a year ago. Against a Trailing Annual Dividend Yield of 0.013546694The stock’s 5-year Average Dividend Yield is 1.05.
Earnings Estimates
The stock of TD Synnex Corp (SNX) is currently drawing attention from 11.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $2.96, with high estimates of $3.16 and low estimates of $2.76.
Analysts are recommending an EPS of between $11.71 and $11.59 for the fiscal current year, implying an average EPS of $11.65. EPS for the following year is $12.85, with 11.0 analysts recommending between $13.35 and $12.31.
Revenue Estimates
10 analysts predict $15.25B in revenue for the current quarter. It ranges from a high estimate of $15.31B to a low estimate of $14.94B. As of the current estimate, TD Synnex Corp’s year-ago sales were $14.41BFor the next quarter, 10 analysts are estimating revenue of $14.81B. There is a high estimate of $14.99B for the next quarter, whereas the lowest estimate is $14.39B.
A total of 10 analysts have provided revenue estimates for SNX’s current fiscal year. The highest revenue estimate was $57.92B, while the lowest revenue estimate was $57.55B, resulting in an average revenue estimate of $57.86B. In the same quarter a year ago, actual revenue was $57.56BBased on 11 analysts’ estimates, the company’s revenue will be $61.18B in the next fiscal year. The high estimate is $62.31B and the low estimate is $60.61B.
