TD Synnex Corp (NYSE: SNX) is 5.71% higher on its value in year-to-date trading and has touched a low of $86.30 and a high of $119.87 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SNX stock was last observed hovering at around $114.94 in the last trading session, with the day’s loss setting it -1.19%.
Currently trading at $113.75, the stock is 0.68% and 6.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing -1.04% at the moment leaves the stock 12.33% off its SMA200. SNX registered 18.44% gain for a year compared to 6-month gain of 18.64%.
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The stock witnessed a 10.19% loss in the last 1 month and extending the period to 3 months gives it a 9.22%, and is -0.73% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.35% over the week and 2.45% over the month.
TD Synnex Corp (SNX) has around 23000 employees, a market worth around $9.91B and $56.41B in sales. Current P/E ratio is 16.51 and Fwd P/E is 8.62. Profit margin for the company is 1.11%. Distance from 52-week low is 31.81% and -5.11% from its 52-week high. The company has generated returns on investments over the last 12 months (5.61%).
The EPS is expected to grow by 6.99% this year
The shares outstanding are 88.67M, and float is at 72.56M with Short Float at 2.22%.
TD Synnex Corp (SNX) Insider Activity
The most recent transaction is an insider sale by POLK DENNIS, the company’s Head of Hyve Solutions. SEC filings show that POLK DENNIS sold 20,000 shares of the company’s common stock on Apr 08 ’24 at a price of $118.10 per share for a total of $2.36 million. Following the sale, the insider now owns 0.13 million shares.
TD Synnex Corp disclosed in a document filed with the SEC on Mar 04 ’24 that HUME RICHARD T (Chief Executive Officer) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $105.57 per share for $1.06 million. Following the transaction, the insider now directly holds 0.23 million shares of the SNX stock.
Still, SEC filings show that on Feb 20 ’24, HUME RICHARD T (Chief Executive Officer) disposed off 10,000 shares at an average price of $101.18 for $1.01 million. The insider now directly holds 239,363 shares of TD Synnex Corp (SNX).
