TD Synnex Corp [SNX] stock is trading at $130.25, up 1.28%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SNX shares have gain 3.12% over the last week, with a monthly amount glided 10.96%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
TD Synnex Corp [NYSE: SNX] stock has seen the most recent analyst activity on April 16, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $145 from $115. Previously, JP Morgan downgraded its rating to Neutral on January 08, 2024, and elevated its price target to $113. On November 22, 2023, UBS initiated with a Neutral rating and assigned a price target of $105 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $101 on May 01, 2023. Barclays initiated its recommendation with a Equal Weight and recommended $109 as its price target on February 15, 2023. RBC Capital Mkts started tracking with a Sector Perform rating for this stock on October 04, 2022, and assigned it a price target of $95. In a note dated August 17, 2022, Credit Suisse initiated an Neutral rating and provided a target price of $115 on this stock.
TD Synnex Corp [SNX] stock has fluctuated between $87.68 and $130.00 over the past year. Currently, Wall Street analysts expect the stock to reach $135.75 within the next 12 months. TD Synnex Corp [NYSE: SNX] shares were valued at $130.25 at the most recent close of the market. An investor can expect a potential return of 4.22% based on the average SNX price forecast.
Analyzing the SNX fundamentals
TD Synnex Corp [NYSE:SNX] reported sales of 56.41B for the trailing twelve months, which represents a drop of -7.60%. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 129.27 points at the first support level, and at 128.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 130.96, and for the 2nd resistance point, it is at 131.67.
Ratios To Look Out For
For context, TD Synnex Corp’s Current Ratio is 1.22. Also, the Quick Ratio is 0.75, while the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 0.20, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 18.90.
Transactions by insiders
Recent insider trading involved HUME RICHARD T, Chief Executive Officer, that happened on May 01 ’24 when 10000.0 shares were sold. Head of Hyve Solutions, POLK DENNIS completed a deal on Apr 08 ’24 to sell 20000.0 shares. Meanwhile, Chief Executive Officer HUME RICHARD T sold 10000.0 shares on Mar 04 ’24.
