A share price of TD Synnex Corp [SNX] is currently trading at $123.51, up 1.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The SNX shares have gain 3.19% over the last week, with a monthly amount glided 6.86%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
TD Synnex Corp [NYSE: SNX] stock has seen the most recent analyst activity on July 15, 2024, when RBC Capital Mkts upgraded its rating to a Outperform and also boosted its price target to $140 from $135. Previously, UBS upgraded its rating to Buy on April 16, 2024, and elevated its price target to $145. On January 08, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $113 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $105 on November 22, 2023. Goldman initiated its recommendation with a Buy and recommended $101 as its price target on May 01, 2023. Barclays started tracking with a Equal Weight rating for this stock on February 15, 2023, and assigned it a price target of $109. In a note dated October 04, 2022, RBC Capital Mkts initiated an Sector Perform rating and provided a target price of $95 on this stock.
TD Synnex Corp experienced fluctuations in its stock price throughout the past year between $89.73 and $133.85. Currently, Wall Street analysts expect the stock to reach $138.57 within the next 12 months. TD Synnex Corp [NYSE: SNX] shares were valued at $123.51 at the most recent close of the market. An investor can expect a potential return of 12.19% based on the average SNX price forecast.
Analyzing the SNX fundamentals
Trailing Twelve Months sales for TD Synnex Corp [NYSE:SNX] were 57.02B which represents 5.19% growth. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.02%, 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 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.5.
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 121.80 points at the first support level, and at 120.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 124.44, and for the 2nd resistance point, it is at 125.36.
Ratios To Look Out For
To put it in perspective, the Current Ratio for TD Synnex Corp [NYSE:SNX] is 1.25. On the other hand, the Quick Ratio is 0.77, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 1.27 and price to earnings (TTM) ratio is 15.97.
Transactions by insiders
Recent insider trading involved HUME RICHARD T, Director, that happened on Oct 16 ’24 when 20000.0 shares were sold. Officer, Richard T. Hume completed a deal on Oct 16 ’24 to buy 80000.0 shares. Meanwhile, Chief Financial Officer Witt Marshall sold 5653.0 shares on Oct 09 ’24.
