Synnex Stock Analysis

Synnex Stock Analysis Notes

About 57.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.19. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Synnex has Price/Earnings To Growth (PEG) ratio of 0.97. The entity recorded earning per share (EPS) of 6.88. The firm last dividend was issued on the 11th of April 2024. Synnex had 2:1 split on the 1st of December 2020. TD SYNNEX Corporation provides business process services in the United States and internationally. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California. Synnex Corp operates under Electronics Computer Distribution classification in the United States and is traded on New York Stock Exchange. It employs 22000 people. To find out more about Synnex contact Kevin Murai at 510 656 3333 or learn more at https://www.synnexcorp.com.

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Synnex Thematic Classifications

Synnex Stock Institutional Investors

Note, although Synnex's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Synnex Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 9.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Synnex's market, we take the total number of its shares issued and multiply it by Synnex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Synnex Profitablity

The company has Net Profit Margin of 0.01 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.02 %, which entails that for every 100 dollars of revenue, it generated $0.02 of operating income.

Management Efficiency

Synnex has Return on Asset of 0.0281 % which means that on every $100 spent on assets, it made $0.0281 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0778 %, implying that it generated $0.0778 on every 100 dollars invested. Synnex's management efficiency ratios could be used to measure how well Synnex manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.05 in 2024. Return On Capital Employed is likely to rise to 0.14 in 2024. At this time, Synnex's Asset Turnover is fairly stable compared to the past year.

Technical Drivers

As of the 16th of April 2024, Synnex has the Coefficient Of Variation of 1317.61, semi deviation of 1.1, and Risk Adjusted Performance of 0.0532. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Synnex, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Synnex, which can be compared to its competition. Please validate Synnex variance and potential upside to decide if Synnex is priced more or less accurately, providing market reflects its prevalent price of 111.7 per share. Given that Synnex has jensen alpha of 0.0567, we advise you to double-check Synnex's current market performance to make sure the company can sustain itself at a future point.

Synnex Price Movement Analysis

Synnex Insider Trading Activities

Synnex Outstanding Bonds

Synnex Predictive Daily Indicators

Synnex Corporate Filings

Synnex Forecast Models

Synnex's time-series forecasting models are one of many Synnex's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Synnex's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Synnex prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Synnex shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Synnex. By using and applying Synnex Stock analysis, traders can create a robust methodology for identifying Synnex entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Synnex analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Synnex analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Synnex stock analysis indicators help investors evaluate how Synnex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Synnex shares will generate the highest return on investment. By understating and applying Synnex stock analysis, traders can identify Synnex position entry and exit signals to maximize returns.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synnex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Synnex Stock please use our How to Invest in Synnex guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

When running Synnex's price analysis, check to measure Synnex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synnex is operating at the current time. Most of Synnex's value examination focuses on studying past and present price action to predict the probability of Synnex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synnex's price. Additionally, you may evaluate how the addition of Synnex to your portfolios can decrease your overall portfolio volatility.

Is Synnex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synnex. If investors know Synnex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Synnex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Synnex is measured differently than its book value, which is the value of Synnex that is recorded on the company's balance sheet. Investors also form their own opinion of Synnex's value that differs from its market value or its book value, called intrinsic value, which is Synnex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Synnex's market value can be influenced by many factors that don't directly affect Synnex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Synnex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synnex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synnex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.