Currently, there are 83.72M common shares owned by the public and among those 74.90M shares have been available to trade.
The company’s stock has a 5-day price change of 1.18% and 21.82% over the past three months. SNX shares are trading 23.14% year to date (YTD), with the 12-month market performance up to 45.67% higher. It has a 12-month low price of $99.31 and touched a high of $144.27 over the same period. SNX has an average intraday trading volume of 642.63K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.84%, 10.70%, and 18.15% respectively.
Institutional ownership of TD Synnex Corp (NYSE: SNX) shares accounts for 89.15% of the company’s 83.72M shares outstanding.
It has a market capitalization of $12.18B and a beta (3y monthly) value of 1.51. The stock’s trailing 12-month PE ratio is 18.14, while the earnings-per-share (ttm) stands at $7.96. The company has a PEG of 1.50 and a Quick Ratio of 0.76 with the debt-to-equity ratio at 0.55. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.31% over the week and 1.63% over the month.
Earnings per share for the fiscal year are expected to increase by 9.99%, and 14.21% over the next financial year. EPS should grow at an annualized rate of 12.09% over the next five years, compared to -3.97% over the past 5-year period.
Looking at the support for the SNX, a number of firms have released research notes about the stock. RBC Capital Mkts stated their Outperform rating for the stock in a research note on July 15, 2024, with the firm’s price target at $135-$140. UBS coverage for the TD Synnex Corp (SNX) stock in a research note released on April 16, 2024 offered a Buy rating with a price target of $145. JP Morgan was of a view on January 08, 2024 that the stock is Neutral, while UBS gave the stock Neutral rating on November 22, 2023, issuing a price target of $105. Goldman on their part issued Buy rating on May 01, 2023.
