On Tuesday, TD Synnex Corp (NYSE: SNX) opened higher 0.93% from the last session, before settling in for the closing price of $114.87. Price fluctuations for SNX have ranged from $86.30 to $119.87 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 30.41%. Company’s average yearly earnings per share was noted 6.99% at the time writing. With a float of $77.75 million, this company’s outstanding shares have now reached $88.67 million.
Considering the fact that the conglomerate employs 23000 people, you should pay attention to its efficiency factor.
TD Synnex Corp (SNX) Insider Activity
A key investor’s attitude towards the stock of the Electronics & Computer Distribution industry is another important factor to consider. The insider ownership of TD Synnex Corp is 10.78%, while institutional ownership is 55.91%. The most recent insider transaction that took place on Apr 08 ’24, was worth 2,361,936. In this transaction Head of Hyve Solutions of this company sold 20,000 shares at a rate of $118.10, taking the stock ownership to the 134,706 shares. Before that another transaction happened on Mar 04 ’24, when Company’s Chief Executive Officer sold 10,000 for $105.57, making the entire transaction worth $1,055,703. This insider now owns 229,363 shares in total.
TD Synnex Corp (SNX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 6.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.30% during the next five years compared to -1.35% drop over the previous five years of trading.
TD Synnex Corp (NYSE: SNX) Trading Performance Indicators
Check out the current performance indicators for TD Synnex Corp (SNX). In the past quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18. Likewise, its price to free cash flow for the trailing twelve months is 5.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.89, a number that is poised to hit 2.82 in the next quarter and is forecasted to reach 13.20 in one year’s time.
Technical Analysis of TD Synnex Corp (SNX)
Compared to the last year’s volume of 0.97 million, its volume of 0.89 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 66.71%. Additionally, its Average True Range was 2.49.
During the past 100 days, TD Synnex Corp’s (SNX) raw stochastic average was set at 82.87%, which indicates a significant increase from 55.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.98% in the past 14 days, which was lower than the 20.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $107.89, while its 200-day Moving Average is $101.68. Nevertheless, the first resistance level for the watch stands at $116.59 in the near term. At $117.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $118.04. If the price goes on to break the first support level at $115.14, it is likely to go to the next support level at $114.34. Should the price break the second support level, the third support level stands at $113.69.
TD Synnex Corp (NYSE: SNX) Key Stats
There are currently 89,100K shares outstanding in the company with a market cap of 10.10 billion. Presently, the company’s annual sales total 57,555 M according to its annual income of 626,910 K. Last quarter, the company’s sales amounted to 13,975 M and its income totaled 172,130 K.
