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SYNNEX Corporation is an information technology services business based in the US. SYNNEX Corporation shares (SNX) are listed on the NYSE and all prices are listed in US Dollars. SYNNEX Corporation employs 252,000 staff and has a trailing 12-month revenue of around USD$23.8 billion.
Since the stock market crash in March caused by coronavirus, SYNNEX Corporation's share price has had significant positive movement.
Its last market close was USD$157.51, which is 10.01% up on its pre-crash value of USD$141.75 and 202.55% up on the lowest point reached during the March crash when the shares fell as low as USD$52.06.
If you had bought USD$1,000 worth of SYNNEX Corporation shares at the start of February 2020, those shares would have been worth USD$529.06 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,119.90.
|Latest market close||USD$157.51|
|52-week range||USD$52.06 - USD$164.74|
|50-day moving average||USD$147.4966|
|200-day moving average||USD$126.4709|
|Wall St. target price||USD$166.29|
|Dividend yield||USD$1.6 (2.1%)|
|Earnings per share (TTM)||USD$9.479|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-19)||N/A|
|1 month (2020-10-30)||19.65%|
|3 months (2020-08-26)||N/A|
|6 months (2020-05-26)||N/A|
|1 year (2019-11-26)||N/A|
|2 years (2018-11-26)||N/A|
|3 years (2017-11-26)||N/A|
|5 years (2015-11-26)||N/A|
Valuing SYNNEX Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SYNNEX Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
SYNNEX Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, SYNNEX Corporation shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
SYNNEX Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1048. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into SYNNEX Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
SYNNEX Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.3 billion.
The EBITDA is a measure of a SYNNEX Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$23.8 billion|
|Operating margin TTM||3.92%|
|Gross profit TTM||USD$2.9 billion|
|Return on assets TTM||4.73%|
|Return on equity TTM||12.74%|
|Market capitalisation||USD$8.3 billion|
TTM: trailing 12 months
There are currently 683,204 SYNNEX Corporation shares held short by investors – that's known as SYNNEX Corporation's "short interest". This figure is 25.8% down from 920,768 last month.
There are a few different ways that this level of interest in shorting SYNNEX Corporation shares can be evaluated.
SYNNEX Corporation's "short interest ratio" (SIR) is the quantity of SYNNEX Corporation shares currently shorted divided by the average quantity of SYNNEX Corporation shares traded daily (recently around 258789.39393939). SYNNEX Corporation's SIR currently stands at 2.64. In other words for every 100,000 SYNNEX Corporation shares traded daily on the market, roughly 2640 shares are currently held short.
However SYNNEX Corporation's short interest can also be evaluated against the total number of SYNNEX Corporation shares, or, against the total number of tradable SYNNEX Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case SYNNEX Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 SYNNEX Corporation shares in existence, roughly 10 shares are currently held short) or 0.0195% of the tradable shares (for every 100,000 tradable SYNNEX Corporation shares, roughly 20 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against SYNNEX Corporation.
Find out more about how you can short SYNNEX Corporation stock.
Dividend payout ratio: 3.15% of net profits
Recently SYNNEX Corporation has paid out, on average, around 3.15% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.1% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SYNNEX Corporation shareholders could enjoy a 2.1% return on their shares, in the form of dividend payments. In SYNNEX Corporation's case, that would currently equate to about $1.6 per share.
While SYNNEX Corporation's payout ratio might seem low, this can signify that SYNNEX Corporation is investing more in its future growth.
SYNNEX Corporation's most recent dividend payout was on 31 January 2020. The latest dividend was paid out to all shareholders who bought their shares by 23 January 2020 (the "ex-dividend date").
Over the last 12 months, SYNNEX Corporation's shares have ranged in value from as little as $52.06 up to $164.74. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while SYNNEX Corporation's is 1.5705. This would suggest that SYNNEX Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
SYNNEX Corporation provides business process services in the United States and internationally. It operates in two segments, Technology Solutions and Concentrix. The Technology Solutions segment distributes peripherals; information technology systems, including data center servers and storage solutions; system components; software; networking, communications, and security equipment; consumer electronics; and complementary products. It also provides systems design and integration solutions, build-to-order, and configure-to-order assembly capabilities; logistics services that include outsourced fulfillment, virtual distribution, and direct ship to end-users; cloud services; online services; and financing services comprising net terms, third party leasing, floor plan financing, and letters of credit backed financing and arrangements. In addition, this segment offers marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and Web-based marketing. This segment serves resellers, system integrators, and retailers. The Concentrix segment offers a portfolio of strategic solutions and end-to-end business outsourcing services focused on customer experience, process optimization, technology innovation, front and back-office automation, and business transformation services. This segment serves clients in various industry verticals, including automotive; banking, financial services, and insurance; energy and public-sector; healthcare; media and communications; retail and e-commerce; technology and consumer electronics; and travel and transportation. The company was formerly known as SYNNEX Information Technologies, Inc. and changed its name to SYNNEX Corporation in October 2003. SYNNEX Corporation was founded in 1980 and is headquartered in Fremont, California.
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