Analysts Point To TD Synnex Corp (NYSE: SNX) Growth In The Future

After Hours

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Stocks Info

The company is listed on the NYSE and operates within the Electronics & Computer Distribution industry segment. The current market capitalization of TD Synnex Corp is $10.75B. A total of 0.54 million shares were traded on the day, compared to an average of 949.31K shares.

In the most recent transaction, HUME RICHARD T sold 10,000 shares of SNX for 115.79 per share on May 01 ’24. After the transaction, the Chief Executive Officer now owns 219,363 company shares. In a previous transaction on Apr 08 ’24, POLK DENNIS sold 20,000 shares at 118.10 per share. SNX shares that Head of Hyve Solutions owns now total 134,706.

Among the insiders who sold shares, HUME RICHARD T disposed of 10,000 shares on Mar 04 ’24 at a per-share price of $105.57. This resulted in the Chief Executive Officer holding 229,363 shares of SNX after the transaction. In another insider transaction, HUME RICHARD T sold 10,000 shares at $101.18 per share on Feb 20 ’24. Company shares held by the Chief Executive Officer now total 239,363.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. TD Synnex Corp pays an annual dividend of $1.50, resulting in a dividend yield of 1.22%, and it has a price to earnings (P/E) ratio of 17.90. 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, SNX has a high of $122.43 and a low of $87.26.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. 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

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 4.45.

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