TD SYNNEX (NYSE:SNX - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.650-3.150 for the period, compared to the consensus estimate of 2.950. The company issued revenue guidance of $14.4 billion-$15.2 billion, compared to the consensus revenue estimate of $14.8 billion. TD SYNNEX also updated its Q1 guidance to $2.65-3.15 EPS.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the company. Barrington Research reaffirmed an "outperform" rating and set a $138.00 price objective on shares of TD SYNNEX in a research report on Monday, September 23rd. Barclays upped their price objective on TD SYNNEX from $131.00 to $132.00 and gave the stock an "equal weight" rating in a research report on Friday, September 27th. Royal Bank of Canada reissued an "outperform" rating and set a $140.00 price target on shares of TD SYNNEX in a research report on Tuesday. StockNews.com cut TD SYNNEX from a "buy" rating to a "hold" rating in a research report on Wednesday, December 18th. Finally, Cfra raised TD SYNNEX from a "hold" rating to a "buy" rating and increased their price target for the company from $122.00 to $147.00 in a research report on Friday. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $139.00.
Read Our Latest Report on TD SYNNEX
TD SYNNEX Stock Performance
NYSE:SNX traded up $12.06 on Friday, hitting $134.16. The company's stock had a trading volume of 1,505,977 shares, compared to its average volume of 739,340. The company has a current ratio of 1.25, a quick ratio of 0.77 and a debt-to-equity ratio of 0.46. The stock has a fifty day moving average of $119.77 and a two-hundred day moving average of $117.85. The firm has a market capitalization of $11.42 billion, a P/E ratio of 17.36, a price-to-earnings-growth ratio of 1.14 and a beta of 1.46. TD SYNNEX has a one year low of $98.70 and a one year high of $134.48.
Insider Buying and Selling at TD SYNNEX
In other news, insider David R. Vetter sold 20,000 shares of the stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $123.14, for a total transaction of $2,462,800.00. Following the transaction, the insider now owns 66,381 shares in the company, valued at approximately $8,174,156.34. This trade represents a 23.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Simon Leung sold 6,249 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $123.17, for a total value of $769,689.33. Following the transaction, the insider now owns 23,339 shares in the company, valued at approximately $2,874,664.63. This trade represents a 21.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 67,876 shares of company stock worth $8,196,529 over the last 90 days. Company insiders own 1.90% of the company's stock.
About TD SYNNEX
(
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TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components.
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