The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company
TD SYNNEX Corporation provides business process services in the United States and internationally. The company distributes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, consumer electronics, information technology (IT) systems including data center server and storage solutions, system components, software, networking, communications and security equipment, consumer electronics, and complementary products. It also provides systems design and integration solutions, build-to-order, and configure-to-order assembly capabilities; logistics services that comprise outsourced fulfillment, virtual distribution, and direct ship to end-users; cloud services; online services; and financing services comprising net terms, third party leasing, floor plan financing, and letters of credit backed financing and arrangements. In addition, the company offers marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves resellers, system integrators, and retailers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California.
A 4-star rating suggests above-average performance compared to other similar companies.
The economic moat refers to the competitive advantage a company has over its competitors. A narrow moat suggests that the company has a less sustainable competitive advantage compared to those with wider moats.
This ratio indicates whether the stock is trading above (greater than 1) or below (less than 1) its fair value as determined by Morningstar's quantitative analysis. A ratio of 0.94 suggests the stock is currently trading at a slight discount (undervalued).
High uncertainty in fair value estimates implies considerable potential volatility in the stock price. Investors should factor in their risk tolerance and investment horizon when assessing this uncertainty.
These price estimates indicate the price levels at which Morningstar would consider the stock significantly overvalued (one-star) or undervalued (five-star) based on their analysis.
Moderate financial health suggests stability but also indicates potential risks. Evaluate the company's ability to manage its financial obligations and fund growth initiatives.
Valuation vs. Price: The stock is currently considered undervalued relative to its fair value, which could present a buying opportunity if you believe in Morningstar's valuation methodology.
Moat and Competitive Position: The narrow economic moat indicates less sustainable competitive advantages. Consider whether the company's business model and market position align with your investment goals.
Financial Health: Moderate financial health suggests stability but also indicates potential risks. Evaluate the company's ability to manage its financial obligations and fund growth initiatives.
Uncertainty: High uncertainty in fair value estimates implies potential volatility in the stock price. Factor in your risk tolerance and investment horizon when assessing this uncertainty.
Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.
The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
I recommend a Buy rating for TD Synnex Corp. due to growth tailwinds in PC demand, AI PCs, and IT complexity from AI adoption. SNX distributes IT hardware and software solutions for the IT ecosystem, ...
While an increase in gross-to-net revenue adjustments weighs on TD SYNNEX's (SNX) Q2 revenues, efficient cost management aids profitability....
The headline numbers for TD SYNNEX (SNX) give insight into how the company performed in the quarter ended May 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates...
TD SYNNEX (SNX) came out with quarterly earnings of $2.73 per share, missing the Zacks Consensus Estimate of $2.76 per share. This compares to earnings of $2.43 per share a year ago....
FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal second quarter ended May 31, 2024. Consolidated Financial Highlights for the...
TORRANCE, Calif.--(BUSINESS WIRE)--GETTRX™ has announced that their newest platform, GETTRX One™, now gives users access to ACH transactions. This comes in addition to the existing capabilities fo...
FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX announced that Patrick Zammit will become Chief Executive Officer, succeeding Rich Hume, who will retire after a transformative CEO tenu...
Evaluate the expected performance of TD SYNNEX (SNX) for the quarter ended May 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for...
TD SYNNEX Corporation offers long-term value potential and could trade fairly at $180 per share by FY'26E. The company's strong cash flow generation, capital productivity, and shareholder-friendly mov...