SYNNEX Corporation is an information technology services business based in the US. SYNNEX shares (SNX.US) are listed on the NYSE and all prices are listed in US Dollars. SYNNEX employs 0 staff and has a trailing 12-month revenue of around $24.7 billion.
|Latest market close||$N/A|
|52-week range||$21.1674 - $91.62|
|50-day moving average||$83.7385|
|200-day moving average||$62.3953|
|Wall St. target price||$101|
|Dividend yield||$0.8 (0.89%)|
|Earnings per share (TTM)||$10.214|
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Valuing SYNNEX stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SYNNEX's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
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 9x. In other words, SYNNEX shares trade at around 9x 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's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.6345. 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'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's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.2 billion.
The EBITDA is a measure of a SYNNEX's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$24.7 billion|
|Operating margin TTM||3.55%|
|Gross profit TTM||$2.8 billion|
|Return on assets TTM||4.35%|
|Return on equity TTM||13.02%|
|Market capitalisation||$4.6 billion|
TTM: trailing 12 months
There are currently 721,929 SYNNEX shares held short by investors – that's known as SYNNEX's "short interest". This figure is 28.7% up from 561,058 last month.
There are a few different ways that this level of interest in shorting SYNNEX shares can be evaluated.
SYNNEX's "short interest ratio" (SIR) is the quantity of SYNNEX shares currently shorted divided by the average quantity of SYNNEX shares traded daily (recently around 577543.2). SYNNEX's SIR currently stands at 1.25. In other words for every 100,000 SYNNEX shares traded daily on the market, roughly 1250 shares are currently held short.
However SYNNEX's short interest can also be evaluated against the total number of SYNNEX shares, or, against the total number of tradable SYNNEX shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case SYNNEX's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 SYNNEX shares in existence, roughly 10 shares are currently held short) or 0.0209% of the tradable shares (for every 100,000 tradable SYNNEX shares, roughly 21 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.
Find out more about how you can short SYNNEX stock.
Dividend payout ratio: 1.47% of net profits
Recently SYNNEX has paid out, on average, around 1.47% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.89% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SYNNEX shareholders could enjoy a 0.89% return on their shares, in the form of dividend payments. In SYNNEX's case, that would currently equate to about $0.8 per share.
While SYNNEX's payout ratio might seem low, this can signify that SYNNEX is investing more in its future growth.
SYNNEX's most recent dividend payout was on 29 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 21 January 2021 (the "ex-dividend date").
SYNNEX's shares were split on a 2454:1000 basis on 1 December 2020. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 2454 shares. This wouldn't directly have changed the overall worth of your SYNNEX shares – just the quantity. However, indirectly, the new 59.3% lower share price could have impacted the market appetite for SYNNEX shares which in turn could have impacted SYNNEX's share price.
Over the last 12 months, SYNNEX's shares have ranged in value from as little as $21.1674 up to $91.62. 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's is 1.4827. 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).
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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