TD SYNNEX (NYSE:SNX – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.450-2.950 for the period, compared to the consensus estimate of 3.030. The company issued revenue guidance of $13.9 billion-$14.7 billion, compared to the consensus revenue estimate of $14.7 billion. TD SYNNEX also updated its Q2 guidance to $2.45-2.95 EPS.
TD SYNNEX Price Performance
NYSE SNX opened at $107.85 on Friday. The business’s fifty day moving average is $136.32 and its two-hundred day moving average is $125.58. The stock has a market capitalization of $9.10 billion, a P/E ratio of 13.55, a P/E/G ratio of 1.06 and a beta of 1.51. TD SYNNEX has a 1 year low of $98.00 and a 1 year high of $145.10. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.76 and a current ratio of 1.24.
TD SYNNEX (NYSE:SNX – Get Free Report) last posted its quarterly earnings results on Thursday, March 27th. The business services provider reported $2.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.87 by ($0.07). TD SYNNEX had a return on equity of 11.91% and a net margin of 1.18%. The company had revenue of $14.53 billion during the quarter, compared to analysts’ expectations of $14.79 billion. During the same period last year, the company earned $2.99 earnings per share. TD SYNNEX’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, research analysts forecast that TD SYNNEX will post 11.88 earnings per share for the current fiscal year.
TD SYNNEX Dividend Announcement
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Cfra upgraded TD SYNNEX from a “hold” rating to a “buy” rating and upped their target price for the company from $122.00 to $147.00 in a research note on Friday, January 10th. StockNews.com lowered TD SYNNEX from a “buy” rating to a “hold” rating in a research note on Wednesday. Royal Bank of Canada boosted their price objective on shares of TD SYNNEX from $140.00 to $165.00 and gave the stock an “outperform” rating in a research report on Friday, February 21st. JPMorgan Chase & Co. upped their target price on shares of TD SYNNEX from $135.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, January 13th. Finally, Barrington Research reiterated an “outperform” rating and issued a $156.00 price objective on shares of TD SYNNEX in a report on Friday. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, TD SYNNEX presently has an average rating of “Moderate Buy” and a consensus price target of $149.75.
Get Our Latest Analysis on TD SYNNEX
Insider Activity at TD SYNNEX
In other TD SYNNEX news, Director Richard T. Hume sold 20,000 shares of the stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $117.62, for a total value of $2,352,400.00. Following the transaction, the director now directly owns 111,080 shares of the company’s stock, valued at $13,065,229.60. This represents a 15.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Marshall Witt sold 1,510 shares of TD SYNNEX stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $128.08, for a total value of $193,400.80. Following the sale, the chief financial officer now directly owns 49,843 shares of the company’s stock, valued at $6,383,891.44. This represents a 2.94 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 49,172 shares of company stock valued at $6,353,261. Insiders own 1.00% of the company’s stock.
About TD SYNNEX
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.
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