TD SYNNEX (NYSE:SNX) Issues Q1 2025 Earnings Guidance

TD SYNNEX (NYSE:SNX) updated its first quarter 2025 earnings guidance on Friday. The company provided earnings per share guidance of 2.650-3.150 for the period, compared to the consensus earnings per share estimate of 2.950. The company issued revenue guidance of $14.4 billion-$15.2 billion, compared to the consensus revenue estimate of $14.8 billion. TD SYNNEX also updated its Q1 guidance to $2.65-3.15 EPS.

TD SYNNEX Stock Performance

NYSE SNX opened at $134.16 on Friday. The company has a market capitalization of $11.42 billion, a price-to-earnings ratio of 17.36, a PEG ratio of 1.14 and a beta of 1.46. The company has a quick ratio of 0.77, a current ratio of 1.25 and a debt-to-equity ratio of 0.46. TD SYNNEX has a twelve month low of $98.70 and a twelve month high of $134.48. The stock has a fifty day simple moving average of $119.77 and a 200 day simple moving average of $117.85.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SNX. StockNews.com cut TD SYNNEX from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th. Barrington Research reaffirmed an “outperform” rating and set a $138.00 price target on shares of TD SYNNEX in a research report on Monday, September 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $140.00 price objective on shares of TD SYNNEX in a research report on Tuesday. Barclays upped their target price on TD SYNNEX from $131.00 to $132.00 and gave the company an “equal weight” rating in a research report on Friday, September 27th. Finally, Loop Capital reaffirmed a “buy” rating and set a $150.00 price objective on shares of TD SYNNEX in a research report on Monday, October 7th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $139.00.

Insider Buying and Selling

In other TD SYNNEX news, insider David R. Vetter sold 20,000 shares of TD SYNNEX stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $123.14, for a total transaction of $2,462,800.00. Following the completion of the transaction, the insider now owns 66,381 shares of the company’s stock, valued at $8,174,156.34. The trade was a 23.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Marshall Witt sold 1,510 shares of the stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $121.13, for a total transaction of $182,906.30. Following the completion of the sale, the chief financial officer now directly owns 48,362 shares in the company, valued at approximately $5,858,089.06. The trade was a 3.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 67,876 shares of company stock worth $8,196,529. Insiders own 1.90% of the company’s stock.

TD SYNNEX Company Profile

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components.