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

TD SYNNEX (NYSE:SNX) updated its first quarter 2025 earnings guidance on Friday. The company provided earnings per share guidance of 2.650-3.150 for the period, compared to the consensus earnings per share 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.

TD SYNNEX Price Performance

Shares of NYSE SNX traded up $6.56 during midday trading on Friday, hitting $128.66. The company had a trading volume of 78,568 shares, compared to its average volume of 496,267. The company has a quick ratio of 0.77, a current ratio of 1.25 and a debt-to-equity ratio of 0.46. The business has a 50-day simple moving average of $119.77 and a two-hundred day simple moving average of $117.85. TD SYNNEX has a twelve month low of $98.70 and a twelve month high of $133.85. The firm has a market capitalization of $10.95 billion, a price-to-earnings ratio of 16.64, a price-to-earnings-growth ratio of 1.14 and a beta of 1.46.

Analysts Set New Price Targets

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

Insider Activity

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