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How to buy Synnex Corporation stock (SNX)

Buy Synnex Corporation stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Synnex Corporation is an electronics & computer distribution 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 23,000 staff and has a trailing 12-month revenue of around $56.3 billion.

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  4. Search for the stock name – SNX. Search for the stock by name or ticker symbol.
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Synnex Corporation stock price (NYSE: SNX)

Use our graph to track the performance of SNX stocks over time.

Synnex Corporation shares at a glance

Information last updated 2024-07-21.
Latest market close$115.35
52-week range$88.76 - $133.38
50-day moving average $123.38
200-day moving average $109.23
Wall St. target price$137.99
PE ratio 16.1781
Dividend yield $1.55 (1.39%)
Earnings per share (TTM) $7.13

Is it a good time to buy Synnex Corporation stock?

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.

Synnex Corporation price performance over time

Historical closes compared with the close of $115.35 from 2024-07-19

1 week (2024-07-15) 0.23%
1 month (2024-06-21) -11.25%
3 months (2024-04-22) 0.42%
6 months (2024-01-22) 8.87%
1 year (2023-07-21) 18.75%
2 years (2022-07-22) 19.98%
3 years (2021-07-22) 115.59
5 years (2019-07-22) 142.38%

Is Synnex Corporation stock undervalued or overvalued?

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 P/E ratio

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 16x. In other words, Synnex Corporation shares trade at around 16x 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 PEG ratio

Synnex Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9769. 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

Synnex Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.7 billion.

The EBITDA is a measure of a Synnex Corporation's overall financial performance and is widely used to measure a its profitability.

Synnex Corporation financials

Revenue TTM $56.3 billion
Operating margin TTM 2.16%
Gross profit TTM $4 billion
Return on assets TTM 2.88%
Return on equity TTM 7.92%
Profit margin 1.14%
Book value $93.98
Market Capitalization $9.9 billion

TTM: trailing 12 months

Synnex Corporation share dividends

13%

Dividend payout ratio: 13.33% of net profits

Recently Synnex Corporation has paid out, on average, around 13.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.39% 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 1.39% return on their shares, in the form of dividend payments. In Synnex Corporation's case, that would currently equate to about $1.55 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 25 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 11 July 2024 (the "ex-dividend date").

Have Synnex Corporation's shares ever split?

Synnex Corporation's shares were split on a 2:1 basis on 30 November 2020. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Synnex Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Synnex Corporation shares which in turn could have impacted Synnex Corporation's share price.

Synnex Corporation share price volatility

Over the last 12 months, Synnex Corporation's shares have ranged in value from as little as $88.7615 up to $133.3764. A popular way to gauge a stock's volatility is its "beta".

SNX.US volatility(beta: 1.44)Avg. volatility(beta: 1.00)LowHigh

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 1.438. 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 overview

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 fulfillment, 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.

Frequently asked questions

What percentage of Synnex Corporation is owned by insiders or institutions?
Currently 11.141% of Synnex Corporation shares are held by insiders and 82.384% by institutions.
How many people work for Synnex Corporation?
Latest data suggests 23,000 work at Synnex Corporation.
When does the fiscal year end for Synnex Corporation?
Synnex Corporation's fiscal year ends in November.
Where is Synnex Corporation based?
Synnex Corporation's address is: 44201 Nobel Drive, Fremont, CA, United States, 94538
What is Synnex Corporation's ISIN number?
Synnex Corporation's international securities identification number is: US87162W1009
What is Synnex Corporation's CUSIP number?
Synnex Corporation's Committee on Uniform Securities Identification Procedures number is: 87162W100

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