It’s Not Over Yet For TD Synnex Corp (NYSE: SNX)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that TD SYNNEX Announces Pricing of Upsized Secondary Public Offering of Common Stock and Concurrent Share Repurchase.

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Stocks Info

TD Synnex Corp is listed on the NYSE as a member of the Technology sector and is a part of the Electronics & Computer Distribution industry. The current market capitalization of TD Synnex Corp is $10.05B. A total of 1.45 million shares were traded on the day, compared to an average of 799.90K shares.

In the most recent transaction, HUME RICHARD T sold 10,000 shares of SNX for 105.57 per share on Mar 04 ’24. After the transaction, the Chief Executive Officer now owns 229,363 company shares. In a previous transaction on Feb 20 ’24, HUME RICHARD T sold 10,000 shares at 101.18 per share. SNX shares that Chief Executive Officer owns now total 239,363.

Among the insiders who sold shares, HUME RICHARD T disposed of 10,000 shares on Feb 05 ’24 at a per-share price of $100.30. This resulted in the Chief Executive Officer holding 249,363 shares of SNX after the transaction. In another insider transaction, Urban Michael sold 4,355 shares at $107.00 per share on Jan 24 ’24. Company shares held by the Americas President now total 20,270.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. TD Synnex Corp pays an annual dividend of $1.45, resulting in a dividend yield of 1.29%, and it has a price to earnings (P/E) ratio of 16.37. SNX’s most recent ex-dividend date was 4/11/2024 when it declared a $0.40 quarterly dividend that was paid in cash on 4/26/2024. Previously, the company paid the dividend on 1/26/2024 with an ex-dividend date of 1/18/2024. The SNX stock dividend was $0.40 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, SNX has a high of $116.05 and a low of $86.30.

As of this writing, SNX has an earnings estimate of $2.82 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $2.98 per share and a lower estimate of $2.75. The company reported an EPS of $3.13 in the last quarter, which was 16.80% higher than expectations of $2.68.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SNX’s latest balance sheet shows that the firm has $993.97M in Cash & Short Term Investments as of fiscal 2021. There were $4.14B in debt and $14.23B in liabilities at the time. Its Book Value Per Share was $93.30, while its Total Shareholder’s Equity was $7.91B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SNX is Buy with a score of 4.20.

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