Synnex Stock Analysis
SNX Stock | USD 114.87 1.55 1.37% |
Synnex is overvalued with Real Value of 97.61 and Target Price of 113.67. The main objective of Synnex stock analysis is to determine its intrinsic value, which is an estimate of what Synnex is worth, separate from its market price. There are two main types of Synnex's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Synnex's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Synnex's stock to identify patterns and trends that may indicate its future price movements.
The Synnex stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Synnex is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Synnex Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Synnex's ongoing operational relationships across important fundamental and technical indicators.
Synnex |
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.Synnex Quarterly Total Revenue |
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Synnex Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Synnex's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Synnex or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Synnex is unlikely to experience financial distress in the next 2 years | |
About 57.0% of the company shares are owned by institutional investors | |
Latest headline from investors.com: TD SYNNEX Shows Market Leadership With Jump To 84 RS Rating |
Synnex Upcoming and Recent Events
Earnings reports are used by Synnex to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Synnex previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of March 2024 Upcoming Quarterly Report | View | |
25th of June 2024 Next Financial Report | View | |
29th of February 2024 Next Fiscal Quarter End | View | |
14th of January 2025 Next Fiscal Year End | View | |
30th of November 2023 Last Quarter Report | View | |
30th of November 2023 Last Financial Announcement | View |
Synnex Largest EPS Surprises
Earnings surprises can significantly impact Synnex's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2004-09-29 | 2004-08-31 | 0.34 | 0.38 | 0.04 | 11 | ||
2006-09-21 | 2006-08-31 | 0.37 | 0.43 | 0.06 | 16 | ||
2009-03-26 | 2009-02-28 | 0.52 | 0.59 | 0.07 | 13 |
Synnex Thematic Classifications
In addition to having Synnex stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
WholesaleUSA Equities from Wholesale industry as classified by Fama & French |
Synnex Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Synnex is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Synnex backward and forwards among themselves. Synnex's institutional investor refers to the entity that pools money to purchase Synnex's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Nordea Investment Mgmt Bank Demark A/s | 2023-12-31 | 1.1 M | Jpmorgan Chase & Co | 2023-12-31 | 1.1 M | Geode Capital Management, Llc | 2023-12-31 | 806.5 K | Causeway Capital Management Llc | 2023-12-31 | 798.4 K | Lsv Asset Management | 2023-12-31 | 741.5 K | Norges Bank | 2023-12-31 | 738.8 K | Principal Financial Group Inc | 2023-12-31 | 733.2 K | Macquarie Group Ltd | 2023-12-31 | 664.1 K | Amvescap Plc. | 2023-12-31 | 586.4 K | Apollo Management Holdings, L.p. | 2023-12-31 | 28.4 M | Fmr Inc | 2023-12-31 | 6.6 M |
Synnex Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 9.68 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
Synnex's profitability indicators refer to fundamental financial ratios that showcase Synnex's ability to generate income relative to its revenue or operating costs. If, let's say, Synnex is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Synnex's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Synnex's profitability requires more research than a typical breakdown of Synnex's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
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. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.03 | 0.05 | |
Return On Capital Employed | 0.1 | 0.14 | |
Return On Assets | 0.02 | 0.04 | |
Return On Equity | 0.09 | 0.13 |
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.Last Reported | Projected for Next Year | ||
Book Value Per Share | 79.56 | 83.54 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 0.34 | 0.32 | |
Enterprise Value Over EBITDA | 6.44 | 4.30 | |
Price Book Value Ratio | 1.00 | 0.61 | |
Enterprise Value Multiple | 6.44 | 4.30 | |
Price Fair Value | 1.00 | 0.61 | |
Enterprise Value | 215.9 M | 154.7 M |
The analysis of Synnex's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Synnex's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Synnex Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0141 | Forward Dividend Yield 0.0141 | Forward Dividend Rate 1.6 | Beta 1.545 |
Technical Drivers
As of the 23rd of April, Synnex has the Semi Deviation of 1.08, coefficient of variation of 922.8, and Risk Adjusted Performance of 0.072. 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 114.87 per share. Given that Synnex has jensen alpha of 0.0885, 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
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Synnex middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Synnex. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Synnex Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Synnex insiders, such as employees or executives, is commonly permitted as long as it does not rely on Synnex's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Synnex insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Simon Leung over a week ago Disposition of 199 shares by Simon Leung of Synnex at 98.69 subject to Rule 16b-3 | ||
Apollo Management Holdings Gp, Llc over two weeks ago Disposition of 12075000 shares by Apollo Management Holdings Gp, Llc of Synnex at 108.6 subject to Rule 16b-3 | ||
John Henry over two weeks ago Disposition of tradable shares by John Henry of Synnex at 112.74 subject to Rule 16b-3 | ||
Herh Ting over a month ago Insider Trading | ||
Richard Hume over a month ago Disposition of 505 shares by Richard Hume of Synnex at 106.14 subject to Rule 16b-3 | ||
Duane Zitzner over three months ago Bona fide gift to Duane Zitzner of 1660 shares of Synnex subject to Section 16 |
Synnex Outstanding Bonds
Synnex issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Synnex uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Synnex bonds can be classified according to their maturity, which is the date when Synnex has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
SNX 265 09 AUG 31 Corp BondUS87162WAK62 | View | |
SNX 175 09 AUG 26 Corp BondUS87162WAF77 | View |
Synnex Predictive Daily Indicators
Synnex intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Synnex stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 13357.21 | |||
Daily Balance Of Power | 0.5636 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 114.08 | |||
Day Typical Price | 114.34 | |||
Price Action Indicator | 1.57 | |||
Period Momentum Indicator | 1.55 |
Synnex Corporate Filings
8K | 18th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 12th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 11th of April 2024 An amendment to the original Schedule 13D filing | ViewVerify |
10th of April 2024 Prospectus used primarily for registering securities for public sale. | ViewVerify | |
FWP | 9th of April 2024 A written communication used by offering participants to offer securities to the public or to solicit securities transactions. | ViewVerify |
8th of April 2024 Other Reports | ViewVerify | |
8K | 5th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 4th of April 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
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.About Synnex Stock Analysis
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.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.01 | 0.01 | |
Operating Profit Margin | 0.02 | 0.02 | |
Net Profit Margin | 0.01 | 0.01 | |
Gross Profit Margin | 0.06 | 0.05 |
Current Synnex Analysis - Recommendations
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.
Target Price | Advice | # of Analysts | |
113.67 | Strong Buy | 12 | Odds |
Most Synnex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Synnex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Synnex, talking to its executives and customers, or listening to Synnex conference calls.
Synnex Stock Analysis Indicators
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.
Begin Period Cash Flow | 522.9 M | |
Long Term Debt | 3.1 B | |
Common Stock Shares Outstanding | 92.9 M | |
Total Stockholder Equity | 8.2 B | |
Tax Provision | 162.6 M | |
Quarterly Earnings Growth Y O Y | 0.104 | |
Property Plant And Equipment Net | 450 M | |
Cash And Short Term Investments | 1 B | |
Cash | 1 B | |
Accounts Payable | 13.3 B | |
Net Debt | 3 B | |
50 Day M A | 107.3146 | |
Total Current Liabilities | 16.7 B | |
Other Operating Expenses | 56.3 B | |
Non Current Assets Total | 9.3 B | |
Forward Price Earnings | 9.6993 | |
Non Currrent Assets Other | 729.9 M | |
Stock Based Compensation | 85 M |
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Synnex Stock analysis
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.
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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.
Quarterly Earnings Growth 0.104 | Dividend Share 1.5 | Earnings Share 6.88 | Revenue Per Share 619.975 | Quarterly Revenue Growth (0.08) |
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.