TD SYNNEX Corporation (NYSE:SNX) Stock Rated “Moderate Buy” by Wall Street Analysts

TD SYNNEX Corporation (NYSE:SNX) has been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $305.75.

A number of research analysts recently commented on SNX shares. Royal Bank Of Canada set a $340.00 price objective on TD SYNNEX in a research note on Friday, June 26th. UBS Group boosted their price target on shares of TD SYNNEX from $310.00 to $352.00 and gave the company a “buy” rating in a report on Friday, June 26th. The Goldman Sachs Group set a $330.00 price target on shares of TD SYNNEX in a research report on Friday, June 26th. Barrington Research boosted their target price on shares of TD SYNNEX from $202.00 to $325.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. Finally, Zacks Research cut shares of TD SYNNEX from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th.

TD SYNNEX Price Performance

Shares of NYSE:SNX opened at $259.58 on Friday. The company has a quick ratio of 0.64, a current ratio of 1.20 and a debt-to-equity ratio of 0.40. The firm has a 50-day simple moving average of $256.95 and a 200 day simple moving average of $237.22. TD SYNNEX has a fifty-two week low of $142.22 and a fifty-two week high of $298.77. The company has a market cap of $20.76 billion, a PE ratio of 18.58, a P/E/G ratio of 0.79 and a beta of 1.43.

TD SYNNEX (NYSE:SNX) last posted its earnings results on Thursday, September 24th. The business services provider reported $5.68 EPS for the quarter, beating the consensus estimate of $4.70 by $0.98. The company had revenue of $21.56 billion during the quarter, compared to analyst estimates of $18.91 billion. TD SYNNEX had a return on equity of 15.37% and a net margin of 1.63%.The business’s revenue was up 37.7% compared to the same quarter last year. During the same period in the prior year, the company earned $3.58 earnings per share. TD SYNNEX has set its Q4 2026 guidance at 5.650-6.150 EPS. On average, sell-side analysts anticipate that TD SYNNEX will post 18.16 EPS for the current year.

TD SYNNEX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, October 16th. TD SYNNEX’s dividend payout ratio is 13.74%.

Trending Headlines about TD SYNNEX

Here are the key news stories impacting TD SYNNEX this week:

• Positive Sentiment: Q3 results significantly exceeded expectations. TD SYNNEX reported adjusted EPS of $5.68 versus the $4.70 consensus estimate, while revenue rose 37.7% year over year to $21.56 billion, well above expectations of $18.91 billion. TD SYNNEX Q3 earnings report
• Positive Sentiment: Management issued an optimistic Q4 outlook. EPS guidance of $5.65-$6.15 and revenue guidance of $21.8-$22.6 billion both topped consensus estimates of $4.80 and $19.4 billion, respectively. TD SYNNEX data center demand article
• Positive Sentiment: Data-center and AI demand remains strong. The company said demand is not weakening, with its Hyve Solutions business benefiting from AI infrastructure growth. TD SYNNEX also continues expanding its enterprise AI ecosystem, including its Anthropic reseller authorization for Amazon Bedrock.
• Positive Sentiment: Shareholder returns remain supported by the dividend. The company declared a quarterly dividend of $0.48 per share, or $1.92 annualized, representing a yield of approximately 0.7%. The dividend is payable October 30 to shareholders of record October 16.
• Neutral Sentiment: Growth is increasingly concentrated in higher-risk areas. Distribution remains the primary earnings contributor, while Hyve’s AI-related expansion is producing impressive growth but also margin compression, higher inventory requirements and greater working-capital needs. TD Synnex AI growth and cash flow analysis
• Negative Sentiment: Free cash flow was the key concern. Rapid expansion consumed roughly $1 billion of free cash flow during the quarter, raising concerns about inventory growth, working-capital discipline and whether strong AI revenue growth will translate into shareholder cash returns. This cash-flow issue outweighed the earnings and guidance beats for many investors, prompting a rating downgrade and a selloff. TD Synnex earnings and cash flow article

Insider Activity at TD SYNNEX

In other news, Director Ann F. Vezina sold 1,273 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $256.05, for a total value of $325,951.65. Following the completion of the transaction, the director owned 5,828 shares of the company’s stock, valued at approximately $1,492,259.40. This represents a 17.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Richard T. Hume sold 5,000 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $262.21, for a total value of $1,311,050.00. Following the transaction, the director directly owned 13,537 shares in the company, valued at $3,549,536.77. This trade represents a 26.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 11,273 shares of company stock worth $2,851,852. 0.70% of the stock is owned by insiders.

Institutional Investors Weigh In On TD SYNNEX

Institutional investors have recently bought and sold shares of the stock. Bell Investment Advisors Inc acquired a new position in TD SYNNEX during the 2nd quarter valued at about $27,000. Fiduciary Financial Advisors acquired a new stake in shares of TD SYNNEX in the 2nd quarter worth approximately $28,000. Compass Financial Management LLC acquired a new stake in shares of TD SYNNEX in the 2nd quarter worth approximately $38,000. Parkside Financial Bank & Trust boosted its holdings in shares of TD SYNNEX by 32.8% in the second quarter. Parkside Financial Bank & Trust now owns 158 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 39 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in shares of TD SYNNEX during the second quarter valued at approximately $45,000. Institutional investors and hedge funds own 84.00% of the company’s stock.

TD SYNNEX Company Profile

TD SYNNEX Corporation (NYSE: SNX) is a global technology distributor and solutions aggregator that connects technology manufacturers with resellers, systems integrators, managed service providers and other business partners. The company helps its partners design, procure, configure and deliver technology solutions to organizations across a range of industries.

Its portfolio includes personal computing devices, peripherals, networking equipment, data-center infrastructure, cybersecurity products, software and cloud services.