TD Synnex Corp (NYSE: SNX) has a higher price-to-earnings ratio of 17.83x compared to its average ratio. SNX has 36-month beta value of 1.49. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for SNX is 75.19M, and currently, short sellers hold a 2.00% ratio of that float. The average trading volume of SNX on January 31, 2025 was 645.98K shares.
SNX) stock’s latest price update
The stock of TD Synnex Corp (NYSE: SNX) has increased by 0.43 when compared to last closing price of 141.30. Despite this, the company has experienced a -0.89% fall in its stock price over the last five trading sessions. businesswire.com reported 2025-01-27 that FREMONT, Calif., & CLEARWATER, Fla.–(BUSINESS WIRE)–TD SYNNEX announces the launch of the initial phase of the TD SYNNEX Digital Bridge Microsoft Teams Plugin, now available in North America.
SNX’s Market Performance
TD Synnex Corp (SNX) has experienced a -0.89% fall in stock performance for the past week, with a 19.94% rise in the past month, and a 16.32% rise in the past quarter. The volatility ratio for the week is 1.56%, and the volatility levels for the past 30 days are at 2.40% for SNX. The simple moving average for the past 20 days is 6.58% for SNX’s stock, with a 17.52% simple moving average for the past 200 days.
Analysts’ Opinion of SNX
Many brokerage firms have already submitted their reports for SNX stocks, with RBC Capital Mkts repeating the rating for SNX by listing it as a “Outperform.” The predicted price for SNX in the upcoming period, according to RBC Capital Mkts is $140 based on the research report published on July 15, 2024 of the previous year 2024.
UBS, on the other hand, stated in their research note that they expect to see SNX reach a price target of $145, previously predicting the price at $115. The rating they have provided for SNX stocks is “Buy” according to the report published on April 16th, 2024.
JP Morgan gave a rating of “Neutral” to SNX, setting the target price at $113 in the report published on January 08th of the previous year.
SNX Trading at 13.38% from the 50-Day Moving Average
After a stumble in the market that brought SNX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.29% of loss for the given period.
Volatility was left at 2.40%, however, over the last 30 days, the volatility rate increased by 1.56%, as shares surge +21.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.65% upper at present.
During the last 5 trading sessions, SNX fell by -0.89%, which changed the moving average for the period of 200-days by +25.42% in comparison to the 20-day moving average, which settled at $133.14. In addition, TD Synnex Corp saw 21.00% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SNX starting from POLK FAMILY TRUST, who proposed sale 9,000 shares at the price of $141.79 back on Jan 29 ’25. After this action, POLK FAMILY TRUST now owns shares of TD Synnex Corp, valued at $1,276,110 using the latest closing price.
VEZINA ANN F, the Director of TD Synnex Corp, sale 839 shares at $136.08 during a trade that took place back on Jan 16 ’25, which means that VEZINA ANN F is holding 4,856 shares at $114,171 based on the most recent closing price.
Stock Fundamentals for SNX
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.06 for the gross margin
The net margin for TD Synnex Corp stands at 0.01. The total capital return value is set at 0.1. Equity return is now at value 8.42, with 2.29 for asset returns.
Based on TD Synnex Corp (SNX), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 7.12. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 3.94.
Currently, EBITDA for the company is 1.19 billion with net debt to EBITDA at -0.59. When we switch over and look at the enterprise to sales, we see a ratio of 0.19. The receivables turnover for the company is 5.17for trailing twelve months and the total asset turnover is 1.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.24.
Conclusion
To put it simply, TD Synnex Corp (SNX) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
