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SYNNEX Corporation is currently in a long term uptrend where the price is trading 5.7% above its 200 day moving average.
From a valuation standpoint, the stock is 98.5% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.2.
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.
Sector | Technology |
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Industry | Electronics & Computer Distribution |
Exchange | F |
CurrencyCode | EUR |
ISIN | US87162W1009 |
Market Cap | 8B |
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PE Ratio | 13.26 |
Target Price | 139.86 |
Beta | 1.28 |
Dividend Yield | 1.7% |
TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. It offers endpoint solutions, including personal computing devices and peripherals, mobile phones and accessories, printers, and supplies; and advanced solutions comprising data center technologies, such as hybrid cloud, security, storage, networking, servers, software, converged and hyper-converged infrastructure, and hyperscale infrastructure. The company also provides design, integration, test and other production value-added solutions, such as thermal testing, power-draw efficiency testing, burn-in, quality, and logistics support; logistics services; depot repair and customer management services; and cloud services, including public cloud solutions in productivity and collaboration, infrastructure as a service, platform as a service, software as a service, security, mobility, AI, and other hybrid solutions. In addition, it offers online services; financing options, including net terms, third party leasing, floor plan financing and letters-of-credit backed financing and arrangements, as well lease products to reseller customers and their end-users and provides device-as-a-service to end-users; and Marketing Services comprising 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 founded in 1980 and is headquartered in Fremont, California.
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