TD SYNNEX (NYSE:SNX) Releases Q1 2025 Earnings Guidance

TD SYNNEX (NYSE:SNX) 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 Analyst Weigh In

Several brokerages recently weighed in on SNX. Loop Capital reaffirmed a “buy” rating and set a $150.00 target price on shares of TD SYNNEX in a research note on Monday, October 7th. Barclays increased their price objective on TD SYNNEX from $131.00 to $132.00 and gave the company an “equal weight” rating in a research note on Friday, September 27th. Royal Bank of Canada reissued an “outperform” rating and set a $140.00 target price on shares of TD SYNNEX in a research note on Tuesday. StockNews.com lowered TD SYNNEX from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Finally, Barrington Research restated an “outperform” rating and set a $138.00 target price on shares of TD SYNNEX in a research note on Monday, September 23rd. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $134.75.

TD SYNNEX Stock Up 5.4 %

SNX stock traded up $6.56 during trading on Friday, hitting $128.66. 78,568 shares of the company’s stock were exchanged, compared to its average volume of 496,267. The stock has a market capitalization of $10.95 billion, a price-to-earnings ratio of 16.64, a PEG ratio of 1.14 and a beta of 1.46. TD SYNNEX has a 52-week low of $98.70 and a 52-week high of $133.85. 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 business has a 50-day moving average price of $119.77 and a two-hundred day moving average price of $117.85.

Insider Activity

In other news, Director Richard T. Hume sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $117.62, for a total transaction of $2,352,400.00. Following the transaction, the director now directly owns 111,080 shares in the company, valued at approximately $13,065,229.60. This trade represents a 15.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Marshall Witt sold 1,510 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $121.13, for a total transaction of $182,906.30. Following the sale, the chief financial officer now owns 48,362 shares of the company’s stock, valued at approximately $5,858,089.06. This represents a 3.03 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 67,876 shares of company stock worth $8,196,529. Corporate insiders own 1.90% of the company’s stock.

TD SYNNEX Company Profile

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.