TD Synnex Corp (SNX) volume exceeds 1.0 million: A new investment opportunity for investors

On Tuesday, TD Synnex Corp (NYSE: SNX) opened lower -3.73% from the last session, before settling in for the closing price of $124.73. Price fluctuations for SNX have ranged from $98.70 to $133.85 over the past 52 weeks.

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Annual sales at Technology sector company grew by 32.97% over the past five years. Company’s average yearly earnings per share was noted 3.34% at the time writing. With a float of $75.56 million, this company’s outstanding shares have now reached $84.27 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 Updates

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 11.19%, while institutional ownership is 86.37%. The most recent insider transaction that took place on Dec 04 ’24, was worth 14,334. In this transaction Director of this company sold 117 shares at a rate of $122.51, taking the stock ownership to the 5,748 shares. Before that another transaction happened on Dec 04 ’24, when Company’s Director proposed sale 117 for $122.39, making the entire transaction worth $14,320.

TD Synnex Corp (SNX) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 3.34% 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

Check out the current performance indicators for TD Synnex Corp (SNX). In the past 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 14.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.73, a number that is poised to hit 3.05 in the next quarter and is forecasted to reach 12.80 in one year’s time.

Technical Analysis of TD Synnex Corp (SNX)

TD Synnex Corp (NYSE: SNX) saw its 5-day average volume 0.66 million, a negative change from its year-to-date volume of 0.77 million. As of the previous 9 days, the stock’s Stochastic %D was 53.87%. Additionally, its Average True Range was 2.48.

During the past 100 days, TD Synnex Corp’s (SNX) raw stochastic average was set at 65.41%, which indicates a significant increase from 26.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.37% in the past 14 days, which was lower than the 24.53% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $120.38, while its 200-day Moving Average is $118.04. Nevertheless, the first resistance level for the watch stands at $123.39 in the near term. At $126.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $128.72. If the price goes on to break the first support level at $118.06, it is likely to go to the next support level at $116.05. Assuming the price breaks the second support level, the third support level stands at $112.73.

TD Synnex Corp (NYSE: SNX) Key Stats

There are currently 85,088K shares outstanding in the company with a market cap of 10.22 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 14,685 M and its income totaled 178,560 K.