TD Synnex Corp (NYSE: SNX) is -8.98% lower on its value in year-to-date trading and has touched a low of $98.00 and a high of $145.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNX stock was last observed hovering at around $103.85 in the last trading session, with the day’s gains setting it 2.9%.
Currently trading at $106.75, the stock is -12.80% and -20.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 2.79% at the moment leaves the stock -13.01% off its SMA200. SNX registered -5.31% loss for a year compared to 6-month gain of -11.10%. The firm has a 50-day simple moving average (SMA 50) of $133.5282 and a 200-day simple moving average (SMA200) of $122.7148.
The stock witnessed a -19.25% loss in the last 1 month and extending the period to 3 months gives it a -8.31%, and is -14.91% 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 5.27% over the week and 3.27% over the month.
TD Synnex Corp (SNX) has around 23000 employees, a market worth around $9.01B and $59.01B in sales. Current P/E ratio is 13.33 and Fwd P/E is 7.75. Profit margin for the company is 1.15%. Distance from 52-week low is 8.93% and -26.43% from its 52-week high. The company has generated returns on investments over the last 12 months (5.77%).
with sales reaching $14.28B over the same period.The EPS is expected to grow by 4.30% this year, but quarterly earnings will post 2.90% year-over-year. Quarterly sales are estimated to grow 2.38% in year-over-year returns.
635.0 institutions hold shares in TD Synnex Corp (SNX), with institutional investors hold 97.86% of the company’s shares. The shares outstanding are 83.22M, and float is at 74.97M with Short Float at 2.33%. Institutions hold 91.51% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.03 million shares valued at $926.49 million. The investor’s holdings represent 9.3952 of the SNX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.64 million shares valued at $881.35 million to account for 8.9375 of the shares outstanding. The other top investors are FMR LLC which holds 6.27 million shares representing 7.3385 and valued at over $723.67 million, while BRAVE WARRIOR ADVISORS, LLC holds 3.8876 of the shares totaling 3.32 million with a market value of $383.36 million.
TD Synnex Corp (SNX) Insider Activity
The most recent transaction is an insider sale by Witt Marshall, the company’s Chief Financial Officer. SEC filings show that Witt Marshall sold 1,510 shares of the company’s common stock on Mar 18 ’25 at a price of $128.08 per share for a total of $0.19 million. Following the sale, the insider now owns 49843.0 shares.
Still, SEC filings show that on Mar 04 ’25, POLK DENNIS (Hyve Solutions Executive) disposed off 3,000 shares at an average price of $132.87 for $0.4 million. The insider now directly holds 99,387 shares of TD Synnex Corp (SNX).
