TD SYNNEX (NYSE:SNX – Get Free Report) updated its second quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.450-2.950 for the period, compared to the consensus EPS estimate of 3.030. The company issued revenue guidance of $13.9 billion-$14.7 billion, compared to the consensus revenue estimate of $14.7 billion. TD SYNNEX also updated its Q2 guidance to $2.45-2.95 EPS.
TD SYNNEX Price Performance
Shares of NYSE SNX opened at $104.45 on Friday. The business has a 50 day simple moving average of $135.67 and a 200-day simple moving average of $125.53. TD SYNNEX has a twelve month low of $98.00 and a twelve month high of $145.10. The company has a market capitalization of $8.81 billion, a price-to-earnings ratio of 13.12, a price-to-earnings-growth ratio of 1.06 and a beta of 1.51. The company has a current ratio of 1.24, a quick ratio of 0.76 and a debt-to-equity ratio of 0.46.
TD SYNNEX (NYSE:SNX – Get Free Report) last issued its earnings results on Thursday, March 27th. The business services provider reported $2.80 earnings per share for the quarter, missing analysts’ consensus estimates of $2.87 by ($0.07). TD SYNNEX had a return on equity of 11.91% and a net margin of 1.18%. The business had revenue of $14.53 billion for the quarter, compared to analyst estimates of $14.79 billion. During the same period last year, the company posted $2.99 earnings per share. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. As a group, equities research analysts expect that TD SYNNEX will post 11.88 earnings per share for the current year.
TD SYNNEX Announces Dividend
Analyst Ratings Changes
Several analysts recently issued reports on the company. JPMorgan Chase & Co. cut their price target on TD SYNNEX from $150.00 to $125.00 and set a “neutral” rating on the stock in a report on Friday. StockNews.com downgraded shares of TD SYNNEX from a “buy” rating to a “hold” rating in a report on Wednesday. Barclays dropped their price objective on shares of TD SYNNEX from $148.00 to $125.00 and set an “equal weight” rating on the stock in a report on Friday. Cfra reduced their target price on shares of TD SYNNEX from $147.00 to $132.00 and set a “buy” rating for the company in a research note on Friday. Finally, UBS Group dropped their price target on shares of TD SYNNEX from $150.00 to $138.00 and set a “buy” rating on the stock in a research note on Friday. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, TD SYNNEX has an average rating of “Moderate Buy” and a consensus target price of $140.00.
Insider Activity
In other TD SYNNEX news, Director Ann F. Vezina sold 839 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $136.08, for a total transaction of $114,171.12. Following the completion of the transaction, the director now directly owns 4,856 shares of the company’s stock, valued at approximately $660,804.48. This trade represents a 14.73 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Marshall Witt sold 1,510 shares of the business’s stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $128.08, for a total value of $193,400.80. Following the completion of the sale, the chief financial officer now directly owns 49,843 shares in the company, valued at $6,383,891.44. This represents a 2.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 49,172 shares of company stock worth $6,353,261 over the last three months. Corporate insiders own 1.00% of the company’s stock.
About TD SYNNEX
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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