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.

Analyst Ratings Changes

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

TD SYNNEX Price Performance

Shares of TD SYNNEX stock traded up $4.89 during trading on Friday, reaching $126.99. 134,120 shares of the stock traded hands, compared to its average volume of 496,578. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.25 and a quick ratio of 0.77. The company has a market capitalization of $10.81 billion, a price-to-earnings ratio of 16.43, a P/E/G 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 business has a fifty day simple moving average of $119.77 and a two-hundred day simple moving average of $117.85.

Insiders Place Their Bets

In other TD SYNNEX news, CFO Marshall Witt sold 1,510 shares of the company’s stock in a transaction that occurred 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 directly owns 48,362 shares in the company, valued at $5,858,089.06. This represents a 3.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider David R. Vetter sold 20,000 shares of TD SYNNEX stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $123.14, for a total value of $2,462,800.00. Following the completion of the transaction, the insider now owns 66,381 shares of the company’s stock, valued at approximately $8,174,156.34. This trade represents a 23.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 67,876 shares of company stock valued at $8,196,529 in the last quarter. 1.90% of the stock is currently owned by insiders.

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.