TD SYNNEX (NYSE:SNX – Get Free Report) updated its second quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 2.450-2.950 for the period, compared to the consensus earnings per share estimate of 3.030. The company issued revenue guidance of $13.9 billion-$14.7 billion, compared to the consensus revenue estimate of $14.7 billion. TD SYNNEX also updated its Q2 guidance to $2.45-2.95 EPS.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of TD SYNNEX from $135.00 to $150.00 and gave the stock a “neutral” rating in a research report on Monday, January 13th. Royal Bank of Canada lifted their price target on shares of TD SYNNEX from $140.00 to $165.00 and gave the company an “outperform” rating in a research note on Friday, February 21st. Cfra raised TD SYNNEX from a “hold” rating to a “buy” rating and boosted their target price for the company from $122.00 to $147.00 in a research report on Friday, January 10th. StockNews.com lowered TD SYNNEX from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, Barrington Research lifted their price target on shares of TD SYNNEX from $138.00 to $156.00 and gave the company an “outperform” rating in a research report on Thursday, March 20th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, TD SYNNEX has an average rating of “Moderate Buy” and an average price target of $149.75.
Check Out Our Latest Report on TD SYNNEX
TD SYNNEX Price Performance
TD SYNNEX (NYSE:SNX – Get Free Report) last posted its earnings results on Thursday, March 27th. The business services provider reported $2.80 earnings per share for the quarter, missing analysts’ consensus estimates of $2.87 by ($0.07). The company had revenue of $14.53 billion for the quarter, compared to analysts’ expectations of $14.79 billion. TD SYNNEX had a net margin of 1.18% and a return on equity of 11.91%. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.99 EPS. Equities analysts forecast that TD SYNNEX will post 11.88 EPS for the current year.
TD SYNNEX Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 24th were paid a dividend of $0.44 per share. This is a positive change from TD SYNNEX’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Friday, January 24th. This represents a $1.76 annualized dividend and a yield of 1.40%. TD SYNNEX’s dividend payout ratio (DPR) is currently 22.11%.
Insiders Place Their Bets
In other TD SYNNEX news, Director Ann F. Vezina sold 839 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $136.08, for a total value of $114,171.12. Following the completion of the transaction, the director now owns 4,856 shares of the company’s stock, valued at $660,804.48. The trade was a 14.73 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard T. Hume sold 20,000 shares of the firm’s stock in a transaction 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 sale, the director now owns 111,080 shares in the company, valued at approximately $13,065,229.60. This trade represents a 15.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 49,172 shares of company stock worth $6,353,261 in the last ninety days. 1.00% 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.
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