Synnex Stock Today

SNX Stock  USD 119.77  0.87  0.72%   

Performance

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Odds Of Distress

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Synnex is trading at 119.77 as of the 28th of November 2024; that is 0.72% down since the beginning of the trading day. The stock's open price was 120.64. Synnex has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Synnex are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
25th of November 2003
Category
Technology
Classification
Information Technology
TD SYNNEX Corporation provides business process services in the United States and internationally. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California. Synnex Corp operates under Electronics Computer Distribution classification in the United States and is traded on New York Stock Exchange. The company has 85.09 M outstanding shares of which 1.56 M shares are at this time shorted by investors with about 2.75 days to cover. More on Synnex

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Synnex Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORichard Hume
Thematic IdeaWholesale (View all Themes)
Old NameSTEIN MART
Business ConcentrationElectronic Equipment, Instruments & Components, Electronics & Computer Distribution, Information Technology, NYSE Composite, WSE WIG INDEX, Warsaw WIG80 Index, WIG Dividend, SP Midcap 400, Wholesale, Information Technology, Electronic Equipment, Instruments & Components, Electronics & Computer Distribution, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04390.0245
Way Up
Slightly volatile
Asset Turnover3.852.25
Way Up
Slightly volatile
Gross Profit Margin0.05140.0619
Significantly Down
Very volatile
Total Current Liabilities20.2 B19.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total5.4 B5.2 B
Sufficiently Up
Slightly volatile
Total Assets35.5 B33.8 B
Sufficiently Up
Slightly volatile
Total Current Assets24.3 B23.1 B
Sufficiently Up
Slightly volatile
Debt Levels
Synnex can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Synnex's financial leverage. It provides some insight into what part of Synnex's total assets is financed by creditors.
Liquidity
Synnex has 4.08 B in debt with debt to equity (D/E) ratio of 0.53, which is OK given its current industry classification. Synnex has a current ratio of 1.23, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Synnex to invest in growth at high rates of return.

Begin Period Cash Flow

631.35 Million
Synnex (SNX) is traded on New York Stock Exchange in USA. It is located in 44201 Nobel Drive, Fremont, CA, United States, 94538 and employs 23,000 people. Synnex is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 10.27 B. Synnex runs under Electronic Equipment, Instruments & Components sector within Information Technology industry. The entity has 85.09 M outstanding shares of which 1.56 M shares are at this time shorted by investors with about 2.75 days to cover. Synnex has about 522.6 M in cash with 1.41 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.74.
Check Synnex Probability Of Bankruptcy
Ownership Allocation
Synnex shows a total of 85.09 Million outstanding shares. The majority of Synnex outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Synnex to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Synnex. Please pay attention to any change in the institutional holdings of Synnex as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Synnex Ownership Details

Synnex Stock Institutional Holders

InstituionRecorded OnShares
Ninety One Uk Limited2024-09-30
1.3 M
Geode Capital Management, Llc2024-09-30
1.3 M
Lyrical Asset Management Lp2024-09-30
1.2 M
Lsv Asset Management2024-09-30
1.2 M
Nordea Investment Mgmt Bank Demark A/s2024-09-30
1.1 M
Alliancebernstein L.p.2024-06-30
988 K
Norges Bank2024-06-30
984.4 K
River Road Asset Management, Llc2024-09-30
865.1 K
Lord, Abbett & Co Llc2024-09-30
825.5 K
Blackrock Inc2024-06-30
M
Vanguard Group Inc2024-09-30
7.7 M
View Synnex Diagnostics

Synnex Historical Income Statement

At this time, Synnex's Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 757 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (246.7 M). View More Fundamentals

Synnex Stock Against Markets

Synnex Corporate Directors

Merline SaintilIndependent DirectorProfile
Laurie HodrickIndependent DirectorProfile
Gregory QuesnelIndependent DirectorProfile
Thomas WursterIndependent DirectorProfile

Additional Tools for Synnex Stock Analysis

When running Synnex's price analysis, check to measure Synnex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synnex is operating at the current time. Most of Synnex's value examination focuses on studying past and present price action to predict the probability of Synnex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synnex's price. Additionally, you may evaluate how the addition of Synnex to your portfolios can decrease your overall portfolio volatility.