SNX - SYNNEX Corp Stock Price, Fair Value and News

117.23USD+1.29 (+1.11%)Market Closed

Market Summary

USD117.23+1.29

Market Closed

1.11%

SNX Alerts

2 major insider sales recently.

SNX Stock Price

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SNX RSI Chart

SNX Valuation

Market Cap

10.3B

Price/Earnings (Trailing)

16.26

Price/Sales (Trailing)

0.18

EV/EBITDA

8.07

Price/Free Cashflow

5.42

SNX Price/Sales (Trailing)

SNX Profitability

Operating Margin

7.02%

EBT Margin

1.41%

Return on Equity

7.8%

Return on Assets

2.27%

Free Cashflow Yield

18.44%

SNX Fundamentals

SNX Revenue

Revenue (TTM)

56.4B

Rev. Growth (Yr)

-7.6%

Rev. Growth (Qtr)

-3%

SNX Earnings

Earnings (TTM)

632.0M

Earnings Growth (Yr)

3.06%

Earnings Growth (Qtr)

-8.22%

Breaking Down SNX Revenue

Last 7 days

2.6%

Last 30 days

10.0%

Last 90 days

9.5%

Trailing 12 Months

30.8%

How does SNX drawdown profile look like?

SNX Financial Health

Current Ratio

1.22

Debt/Equity

0.38

Debt/Cashflow

0.61

SNX Investor Care

Dividend Yield

1.24%

Dividend/Share (TTM)

1.45

Buy Backs (1Y)

7.10%

Diluted EPS (TTM)

6.88

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	56.4B	0	0	0
2023	62.0B	60.8B	59.4B	57.6B
2022	42.1B	51.6B	61.7B	62.3B
2021	36.4B	34.0B	32.8B	31.6B
2020	37.0B	28.5B	24.2B	20.0B
2019	18.1B	18.9B	20.3B	19.1B
2018	6.4B	10.1B	13.7B	17.3B
2017	14.5B	15.0B	15.6B	16.8B
2016	13.3B	13.4B	13.7B	14.1B
2015	14.0B	13.8B	13.6B	13.3B
2014	11.4B	12.3B	13.1B	13.8B
2013	10.3B	10.4B	10.6B	10.8B
2012	10.4B	10.4B	10.4B	10.3B
2011	9.1B	9.5B	10.0B	10.4B
2010	0	0	8.2B	8.6B
2009	0	0	0	7.7B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of SYNNEX Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 08, 2024	polk dennis	acquired	777,800	38.89	20,000	head of hyve solutions
Apr 08, 2024	polk dennis	sold	-2,361,940	118	-20,000	head of hyve solutions
Apr 03, 2024	crusco kathleen m	acquired	-	-	1,564	-
Apr 03, 2024	nayyar nayaki r	acquired	-	-	1,564	-
Apr 03, 2024	saintil merline	acquired	-	-	1,564	-
Apr 03, 2024	lee hau l.	acquired	-	-	1,564	-
Apr 03, 2024	herh ting	acquired	-	-	1,564	-
Apr 03, 2024	vezina ann f	acquired	-	-	1,564	-
Apr 03, 2024	pumilia claude j	acquired	-	-	1,564	-
Apr 02, 2024	apollo management holdings gp, llc	sold	-1,311,350,000	108	-12,075,000	-

Which funds bought or sold SNX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	58,000	1,188,000	0.04%
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	added	39.64	933,091	2,928,610	0.05%
Apr 23, 2024	SEVEN GRAND MANAGERS, LLC	new	-	8,425,950	8,425,950	4.12%
Apr 23, 2024	AMALGAMATED BANK	reduced	-2.81	88,000	4,174,000	0.04%
Apr 23, 2024	Louisiana State Employees Retirement System	added	13.89	305,256	1,854,840	0.04%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-14.92	-12,819	108,350	-%
Apr 23, 2024	Global Retirement Partners, LLC	reduced	-2.48	1,811	31,094	-%
Apr 23, 2024	Tennessee Valley Asset Management Partners	sold off	-100	-2,785	-	-%
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-6,564	-	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	9.81	3,574,200	26,761,000	0.02%

Are Funds Buying or Selling SNX?

Are funds buying SNX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SNX

No. of Funds

SNX Alerts

2 major insider sales recently.

Unveiling SYNNEX Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 11, 2024	apollo management holdings gp, llc	0.0%	0	SC 13D/A
Apr 04, 2024	apollo management holdings gp, llc	3.8%	3,321,498	SC 13D/A
Feb 13, 2024	vanguard group inc	5.83%	5,379,928	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 06, 2024	mitac holdings corp.	-	4,769,980	SC 13G/A
Feb 05, 2024	apollo management holdings gp, llc	12.8%	10,875,618	SC 13D/A
Jan 31, 2024	blackrock inc.	5.4%	4,888,648	SC 13G
Jan 17, 2024	apollo management holdings gp, llc	18.6%	16,734,645	SC 13D/A
Oct 18, 2023	apollo management holdings gp, llc	0.0%	0	SC 13D/A
Jul 13, 2023	apollo management holdings gp, llc	0.0%	38	SC 13D/A

Recent SEC filings of SYNNEX Corp

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	8-K	Current Report
Apr 18, 2024	8-K	Current Report
Apr 12, 2024	8-K	Current Report
Apr 11, 2024	SC 13D/A	13D - Major Acquisition
Apr 10, 2024	424B2	Prospectus Filed
Apr 10, 2024	8-K	Current Report
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	FWP	Prospectus Filed
Apr 08, 2024	424B7	Prospectus Filed
Apr 08, 2024	8-K	Current Report

Peers (Alternatives to SYNNEX Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.6T	385.7B	-3.17%	0.90%	25.86	6.77	-0.47%	6.03%
APH	69.8B	12.6B	-0.10%	48.44%	36.2	5.56	-0.54%	1.35%
GLW	26.9B	12.6B	-3.19%	-6.33%	44.89	2.14	-11.28%	-55.18%
FTV	26.7B	6.1B	-5.94%	20.49%	30.87	4.41	4.11%	14.65%
FLEX	12.0B	29.4B	-0.70%	38.16%	15.94	0.41	-1.12%	-8.06%
MID-CAP
ARW	6.9B	33.1B	2.25%	10.64%	7.59	0.21	-10.82%	-36.63%
CGNX	6.8B	837.5M	-5.57%	-18.88%	59.92	8.1	-16.75%	-47.46%
BMI	5.4B	740.8M	16.42%	38.91%	52.61	7.27	25.07%	42.99%
AVT	4.5B	25.6B	1.36%	18.06%	6.64	0.17	-2.73%	-21.96%
ESE	2.7B	968.8M	1.52%	7.15%	28.94	2.78	9.35%	8.73%
SMALL-CAP
CNXN	1.7B	2.9B	0.12%	58.79%	20.57	0.6	-8.78%	-6.67%
BHE	1.1B	2.8B	5.38%	41.42%	17	0.39	-1.64%	-5.74%
GPRO	271.4M	1.0B	-23.28%	-59.91%	-5.1	0.27	-8.05%	-284.36%
AEY	32.6M	56.7M	-20.00%	54.48%	-3.8	0.59	-41.04%	-726.48%
CPSH	25.8M	27.6M	-5.85%	-35.16%	18.86	0.94	3.62%	-35.71%

SYNNEX Corp News

Latest updates

SYNNEX Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2020Q1	2019Q4	2019Q3
Revenue	-3.0%	13,975	14,407	13,961	14,062	15,125	16,248	15,356	15,270	15,470	15,611	5,207	5,857	4,939	5,529	6,119	5,306	4,471	4,081	2,987	1,894	6,204
Cost Of Revenue	-3.1%	12,969	13,389	12,989	13,099	14,122	15,188	14,440	14,314	14,501	14,668	4,894	5,528	4,634	-	5,752	5,009	4,196	3,826	-	-	-
Gross Profit	-1.3%	1,006	1,019	971	963	1,004	1,060	916	956	969	943	313	329	305	-	367	297	275	255	-	-946	726
S&GA Expenses	-2.0%	672	685	659	674	654	676	628	671	653	656	160	175	163	-	159	165	186	155	-	-921	517
EBITDA Margin	2.2%	0.03*	0.03*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.03*	-	-	-	-	-	-	-	-	-
Income Taxes	30.6%	52.00	40.00	31.00	41.00	51.00	44.00	39.00	50.00	44.00	-21.75	32.00	31.00	30.00	-	46.00	27.00	17.00	12.00	-	-1.72	42.00
Earnings Before Taxes	-1.5%	224	227	170	174	218	265	188	199	176	98.00	127	125	118	-	176	113	67.00	81.00	-	36.00	165
EBT Margin	2.8%	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.02*	0.02*	-	-	-	-	-	-	-	-	-
Net Income	-8.2%	172	188	139	133	167	221	149	149	132	119	95.00	93.00	88.00	-	215	134	57.00	123	-	176	123
Net Income Margin	2.9%	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.01*	0.00*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	82.6%	385	211	552	677	-140	270	-99.33	1,015	-1,345	520	-60.52	274	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-5.5%	27,800	29,413	28,505	27,979	29,235	29,734	29,092	28,058	28,723	27,666	10,507	8,160	27,666	13,469	13,263	12,639	11,727	11,698	11,426	11,276	10,761
Current Assets	-7.5%	18,581	20,084	19,169	18,721	19,965	20,501	19,882	18,535	18,949	17,734	9,603	7,240	6,805	8,769	8,564	7,969	6,947	7,453	7,202	7,015	6,429
Cash Equivalents	-0.3%	1,031	1,034	1,251	852	539	523	351	522	510	995	4,051	1,657	1,444	1,569	1,452	1,113	296	146	267	277	250
Inventory	-0.8%	7,091	7,146	7,462	7,797	8,373	9,067	9,755	8,434	7,883	6,643	2,866	2,685	2,557	2,684	2,833	3,033	2,710	2,546	2,787	2,608	2,430
Net PPE	2.0%	459	450	437	428	430	421	412	418	430	483	152	155	156	158	584	563	576	158	553	564	569
Goodwill	0.0%	3,902	3,904	3,883	3,857	3,833	3,804	3,775	3,857	3,912	3,917	3,588	428	424	424	2,257	2,234	2,249	425	2,214	2,192	2,202
Liabilities	-7.2%	19,698	21,230	20,137	19,710	21,087	21,708	21,320	20,076	20,701	19,760	8,169	5,904	5,597	9,130	9,170	8,805	7,871	7,910	7,825	7,739	7,251
Current Liabilities	-8.9%	15,255	16,739	15,532	14,413	15,791	16,429	15,931	14,660	15,207	14,233	4,007	4,270	3,968	5,630	5,632	5,229	4,227	4,607	4,579	4,461	3,880
Long Term Debt	-0.5%	3,082	3,099	3,139	3,805	3,816	3,836	3,882	3,903	3,935	3,955	4,016	1,497	1,497	1,497	2,610	2,645	2,682	2,718	2,757	2,793	2,828
Shareholder's Equity	-1.0%	8,102	8,183	8,368	8,269	8,149	8,026	7,772	7,982	8,022	7,906	2,338	2,256	2,129	4,339	4,094	3,834	3,856	3,788	3,602	3,537	3,510
Retained Earnings	6.2%	2,341	2,205	2,049	1,942	1,842	1,708	1,516	1,396	1,275	1,172	1,072	987	905	3,133	2,918	2,783	2,727	2,625	2,468	2,364	2,269
Additional Paid-In Capital	0.0%	7,439	7,435	7,442	7,423	7,401	7,374	7,340	7,316	7,294	7,271	1,616	1,606	1,597	1,592	1,579	1,567	1,558	1,545	1,535	1,527	1,520
Shares Outstanding	-100.0%	-	93.00	93.00	93.00	94.00	95.00	95.00	95.00	96.00	62.00	51.00	51.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	3,998	-	-	-	4,312	-	-	-	5,275	-	-	-	4,401	-	-	-	3,552	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	82.6%	384,709	210,668	591,955	707,545	-102,795	302,189	-67,311	1,035,966	-1,320,448	560,996	-55,527	279,341	24,977	287,269	320,616	1,168,340	58,141	347,446	249,853	110,920	-158,300
Share Based Compensation	-17.7%	17,490	21,259	20,442	18,687	24,595	31,358	19,554	19,928	20,327	35,045	6,510	6,750	4,887	8,161	8,829	7,423	8,789	8,444	6,430	6,478	6,607
Cashflow From Investing	-57.0%	-67,910	-43,254	-48,619	-30,331	-34,207	-38,527	-30,330	-21,434	-25,217	-949,478	4,645	-3,474	-4,041	-71,980	-45,555	-37,656	-54,304	-44,558	-36,358	-36,416	-29,505
Cashflow From Financing	18.2%	-311,207	-380,259	-158,534	-376,634	129,547	-116,345	-29,296	-984,446	854,496	-2,625,278	2,454,618	-74,741	-147,219	-103,855	49,805	-305,213	67,567	-333,304	-228,577	-42,733	-27,087
Dividend Payments	13.3%	35,652	31,469	32,682	33,011	33,212	28,790	28,561	28,766	28,829	19,210	10,339	10,454	10,269	-	7.00	35.00	20,740	19,116	19,115	19,202	19,174
Buy Backs	-41.9%	199,225	342,899	102,969	59,991	114,800	41,980	30,256	29,023	23,757	-	-	-	-	-	-	-	-	-	928	-	-

SNX Income Statement

2024-02-29

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Feb. 29, 2024	Feb. 28, 2023
Income Statement [Abstract]
Revenue	$ 13,975,253	$ 15,125,371
Cost of revenue	(12,969,487)	(14,121,804)
Gross profit	1,005,766	1,003,567
Selling, general and administrative expenses	(671,545)	(654,223)
Acquisition, integration and restructuring costs	(31,649)	(51,182)
Operating income	302,572	298,162
Interest expense and finance charges, net	(75,891)	(80,200)
Other expense, net	(2,884)	(156)
Income before income taxes	223,797	217,806
Provision for income taxes	(51,669)	(50,786)
Net income	$ 172,128	$ 167,020
Earnings per common share:
Basic (in USD per share)	$ 1.94	$ 1.76
Diluted (in USD per share)	$ 1.93	$ 1.75
Weighted-average common shares outstanding:
Basic (in shares)	87,891	94,259
Diluted (in shares)	88,203	94,539

SNX Balance Sheet

2024-02-29

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Feb. 29, 2024	Nov. 30, 2023
Current assets:
Cash and cash equivalents	$ 1,030,946	$ 1,033,776
Accounts receivable, net	8,902,803	10,297,814
Receivables from vendors, net	914,910	964,334
Inventories	7,091,146	7,146,274
Other current assets	640,901	642,238
Total current assets	18,580,706	20,084,436
Property and equipment, net	459,093	450,024
Goodwill	3,902,232	3,904,170
Intangible assets, net	4,162,437	4,244,314
Other assets, net	695,561	729,870
Total assets	27,800,029	29,412,814
Current liabilities:
Borrowings, current	926,739	983,585
Accounts payable	12,372,749	13,347,281
Other accrued liabilities	1,955,444	2,407,896
Total current liabilities	15,254,932	16,738,762
Long-term borrowings	3,082,367	3,099,193
Other long-term liabilities	493,031	498,656
Deferred tax liabilities	867,524	893,021
Total liabilities	19,697,854	21,229,632
Commitments and contingencies (Note 14)
Stockholders’ equity:
Preferred stock, $0.001 par value, 5,000 shares authorized, no shares issued or outstanding	0	0
Common stock, $0.001 par value, 200,000 shares authorized, 99,012 shares issued as of February 29, 2024 and November 30, 2023	99	99
Additional paid-in capital	7,438,820	7,435,274
Treasury stock, 12,171 and 10,343 shares as of February 29, 2024 and November 30, 2023, respectively	(1,138,919)	(949,714)
Accumulated other comprehensive loss	(539,072)	(507,248)
Retained earnings	2,341,247	2,204,771
Total stockholders' equity	8,102,175	8,183,182
Total liabilities and equity	$ 27,800,029	$ 29,412,814

About SYNNEX Corp

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. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfilment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California.

CEO	Mr. Richard T. Hume
WEBSITE	synnexcorp.com
INDUSTRY	Consumer Electronics
EMPLOYEES	23500

SYNNEX Corp Frequently Asked Questions

What is the ticker symbol for SYNNEX Corp? What does SNX stand for in stocks?

SNX is the stock ticker symbol of SYNNEX Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SYNNEX Corp (SNX)?

As of Tue Apr 23 2024, market cap of SYNNEX Corp is 10.16 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SNX stock?

You can check SNX's fair value in chart for subscribers.

What is the fair value of SNX stock?

You can check SNX's fair value in chart for subscribers. The fair value of SYNNEX Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SYNNEX Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SNX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SYNNEX Corp a good stock to buy?

The fair value guage provides a quick view whether SNX is over valued or under valued. Whether SYNNEX Corp is cheap or expensive depends on the assumptions which impact SYNNEX Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SNX.

What is SYNNEX Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, SNX's PE ratio (Price to Earnings) is 16.08 and Price to Sales (PS) ratio is 0.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SNX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SYNNEX Corp's stock?

In the past 10 years, SYNNEX Corp has provided 0.138 (multiply by 100 for percentage) rate of return.