Investors finally get a glimpse of TD Synnex Corp (SNX) volume hitting the figure of 0.65 million.

On Tuesday, TD Synnex Corp (NYSE: SNX) was -3.66% drop from the session before settling in for the closing price of $123.05. A 52-week range for SNX has been $94.13 – $133.85.

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

Annual sales at Technology sector company grew by 30.41% over the past five years. When this article was written, the company’s average yearly earnings per share was at 3.46%. With a float of $75.59 million, this company’s outstanding shares have now reached $88.67 million.

Let’s look at the performance matrix of the company that is accounted for 23000 employees. In terms of profitability, gross margin is 6.57%, operating margin of 2.14%, and the pretax margin is 1.5%.

TD Synnex Corp (SNX) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward TD Synnex Corp stocks. The insider ownership of TD Synnex Corp is 11.17%, while institutional ownership is 88.86%. The most recent insider transaction that took place on Nov 06 ’24, was worth 769,689. In this transaction Chief Business Officer of this company sold 6,249 shares at a rate of $123.17, taking the stock ownership to the 23,339 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 6,249 for $123.17, making the entire transaction worth $769,705.

TD Synnex Corp (SNX) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 3.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.01% 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

You can see what TD Synnex Corp (SNX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.77. 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 14.46.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.73, a number that is poised to hit 3.06 in the next quarter and is forecasted to reach 12.85 in one year’s time.

Technical Analysis of TD Synnex Corp (SNX)

TD Synnex Corp (NYSE: SNX) saw its 5-day average volume 0.62 million, a negative change from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 63.87%. Additionally, its Average True Range was 2.87.

During the past 100 days, TD Synnex Corp’s (SNX) raw stochastic average was set at 45.32%, which indicates a significant increase from 28.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.82% in the past 14 days, which was higher than the 29.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $118.17, while its 200-day Moving Average is $115.81. Nevertheless, the first resistance level for the watch stands at $121.71 in the near term. At $124.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $126.47. If the price goes on to break the first support level at $116.95, it is likely to go to the next support level at $115.35. The third support level lies at $112.19 if the price breaches the second support level.

TD Synnex Corp (NYSE: SNX) Key Stats

There are 85,088K outstanding shares of the company, which has a market capitalization of 10.09 billion. As of now, sales total 57,555 M while income totals 626,910 K. Its latest quarter income was 14,685 M while its last quarter net income were 178,560 K.