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After finishing at $119.13 in the prior trading day, TD Synnex Corp (NYSE: SNX) closed at $115.35, down -3.17%. In other words, the price has decreased by -$3.17 from its previous closing price. On the day, 0.96 million shares were traded. SNX stock price reached its highest trading level at $118.87 during the session, while it also had its lowest trading level at $115.29.
Ratios:
Our goal is to gain a better understanding of SNX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.07. 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 Oct 18 ’24 when VETTER DAVID R sold 20,000 shares for $123.14 per share. The transaction valued at 2,462,800 led to the insider holds 66,381 shares of the business.
VETTER DAVID R bought 20,000 shares of SNX for $2,462,800 on Oct 18 ’24. On Oct 16 ’24, another insider, HUME RICHARD T, who serves as the Director of the company, sold 20,000 shares for $120.72 each. As a result, the insider received 2,414,328 and left with 171,080 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 10136531968 and an Enterprise Value of 13011182592. As of this moment, TD’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.92, and their Forward P/E ratio for the next fiscal year is 8.95. 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 0.228 whereas that against EBITDA is 7.738.
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 $90.51. The 50-Day Moving Average of the stock is -2.37%, while the 200-Day Moving Average is calculated to be 0.15%.
Shares Statistics:
The stock has traded on average 581.24K shares per day over the past 3-months and 614600 shares per day over the last 10 days, according to various share statistics. A total of 88.67M shares are outstanding, with a floating share count of 75.56M. Insiders hold about 11.20% of the company’s shares, while institutions hold 87.59% stake in the company. Shares short for SNX as of 1728950400 were 1121826 with a Short Ratio of 1.93, compared to 1726185600 on 1692358. Therefore, it implies a Short% of Shares Outstanding of 1121826 and a Short% of Float of 1.95.
Dividends & Splits
In the trailing 12 months, SNX’s forward annual dividend rate was 1.6, compared to 1.60 this year. Against a Trailing Annual Dividend Yield of 0.013430706The stock’s 5-year Average Dividend Yield is 1.05.
