How to buy SYNNEX (SNX) shares in the UK

Learn how to easily invest in SYNNEX shares.

SYNNEX
NYSE: SNX - USD
$104.31
- $1.40 ( - 1.32%)
INFORMATION TECHNOLOGY SERVICES

TD SYNNEX (SNX) is a leading information technology services business based in the US. In the week up to 13 January SYNNEX shares plunged 8.95% to a closing position of $106.82. However, over the last 12 months, SYNNEX's share price has risen by 34.12% from $89.78. SYNNEX is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in SYNNEX

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: SNX in this case.
  5. Research SYNNEX shares. The platform should provide the latest information available.
  6. Buy your SYNNEX shares. It's that simple.
The whole process can take as little as 15 minutes.

Fees for buying 5x SYNNEX shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
eToro Free Stocks logo £0 $10 £2.23
£449.14 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.12
£448.02 total
Capital at risk
Stake logo £0 £50 £2.23
£449.14 total
Capital at risk
IG Share Dealing logo £0 £250 £9.69
£456.60 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £16.42
£463.32 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £14.69
£461.60 total
Capital at risk
Fineco logo £0 No minimum £4.47
£451.37 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £15.09
£461.99 total
Capital at risk

Full comparison of share dealing platforms

SYNNEX share price (NYSE:SNX)

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

Is it a good time to buy SYNNEX 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.

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Invest in SYNNEX shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
  • Create an account today in a few minutes
Capital at risk

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is SYNNEX under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

P/E ratio

SYNNEX's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, SYNNEX shares trade at around 11x 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.

PEG ratio

SYNNEX's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9539. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into SYNNEX's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

EBITDA

SYNNEX's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $797.8 million (£0.0 million).

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

How has coronavirus impacted SYNNEX's share price?

Since the stock market crash that started in February 2020, SYNNEX's share price has had significant positive movement.

Its last market close was $104.31, which is 32.05% up on its pre-crash value of $70.88 (accounting for the 30 November 2020 split) and 300.73% up on the lowest point reached during the March 2020 crash when the shares fell as low as $26.03 (accounting for the 30 November 2020 split).

If you had bought $1,000 worth of SYNNEX shares at the start of February 2020, those shares would have been worth $529.43 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 $1,484.33.

SYNNEX shares at a glance

Information last updated 2021-07-09.
Open$118.99
High$120.81
Low$116.48
Close$120.41
Previous close$117.82
Change$2.59
Change %2.1983%
Volume245,373
Information last updated 2022-01-17.
52-week range$79.934 - $130.6754
50-day moving average$110.6334
200-day moving average$116.7687
Wall St. target price$143.44
PE ratio10.6772
Dividend yield$0.9 (1.12%)
Earnings per share (TTM)$4.6734

Do SYNNEX shares pay dividends?

1.1%

Dividend yield: 1.12% of stock value

1.1%

Forward annual dividend yield: 1.12% of stock value

10.0%

Dividend payout ratio: 10.02% of net profits

SYNNEX has recently paid out dividends equivalent to 1.12% of its share value annually.

SYNNEX has paid out, on average, around 10.02% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.12% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 1.12% return on their shares, in the form of dividend payments. In SYNNEX's case, that would currently equate to about $0.9 per share.

While SYNNEX's payout ratio might seem low, this can signify that the company is investing more in its future growth.

SYNNEX's most recent dividend payout was on 27 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 19 January 2022 (the "ex-dividend date").

Share price volatility

Over the last 12 months, SYNNEX's shares have ranged in value from as little as $79.934 up to $130.6754. A popular way to gauge a stock's volatility is its "beta".

SNX.US volatility(beta: 1.61)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's is 1.6062. This would suggest that SYNNEX's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

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