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SYNNEX Corporation is currently in a long term uptrend where the price is trading 12.5% above its 200 day moving average.
From a valuation standpoint, the stock is 98.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.3.
SYNNEX Corporation's total revenue sank by 6.2% to $5B since the same quarter in the previous year.
Its net income has dropped by 28.4% to $88M since the same quarter in the previous year.
Finally, its free cash flow grew by 4502.9% to $287M since the same quarter in the previous year.
Based on the above factors, SYNNEX Corporation gets an overall score of 3/5.
CurrencyCode | USD |
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Industry | Electronics & Computer Distribution |
Sector | Technology |
ISIN | US87162W1009 |
Exchange | NYSE |
Market Cap | 9B |
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Beta | 1.56 |
Dividend Yield | 1.5% |
Target Price | 118.6 |
PE Ratio | 12.99 |
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. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfilment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California.
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