SEC Form SC 13G/A filed by TD SYNNEX Corporation (Amendment)
$SNX
Retail: Computer Software & Peripheral Equipment
Technology
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/15/2024 | $135.00 → $140.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 4/16/2024 | $115.00 → $145.00 | Neutral → Buy | UBS |
| 1/8/2024 | $112.00 → $113.00 | Overweight → Neutral | JP Morgan |
| 11/22/2023 | $105.00 | Neutral | UBS |
| 5/1/2023 | $101.00 | Buy | Goldman |
| 2/15/2023 | $109.00 | Equal Weight | Barclays |
| 10/4/2022 | $95.00 | Sector Perform | RBC Capital Mkts |
| 8/17/2022 | $115.00 | Neutral | Credit Suisse |
Revenue of $14.7 billion, at the upper end of our outlook of $13.3 - $14.9 billion. Non-GAAP gross billings(1) of $20.3 billion, above the high end of our outlook of $18.9 - $20.1 billion. Net income of $179 million, and non-GAAP net income(1) of $245 million, above the midpoint of our outlook. Diluted earnings per share ("EPS") of $2.08, and non-GAAP diluted EPS(1) of $2.86, above the midpoint of our outlook. Cash provided by operations of $386 million and free cash flow(1) of $339 million. Returned $91 million to stockholders in the form of $57 million of share repurchases and $34 million in dividends. Announced a quarterly cash dividend of $0.40 per common share, up 14% from
TD SYNNEX (NYSE:SNX) today announced it will report its financial results for the third quarter of fiscal 2024 before the U.S. market opens on Thursday, September 26, 2024. A conference call to review the results will be held at 6:00 a.m. PT / 9:00 a.m. ET the same day. The quarterly earnings press release and a live audio webcast of the earnings call will be accessible at ir.tdsynnex.com, and a replay of the webcast will be available following the call. About TD SYNNEX TD SYNNEX (NYSE:SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We're an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology
Revenue of $13.9 billion, within our outlook of $13.3 - $14.9 billion. Non-GAAP gross billings(1) of $19.3 billion, at the upper end of our outlook of $18.4 - $19.6 billion. Gross margin and non-GAAP gross margin(1) of 6.98%, up 13 bps and 9 bps, respectively, from the prior fiscal second quarter. Net income of $144 million, and non-GAAP net income(1) of $237 million, within our outlook. Diluted earnings per share ("EPS") of $1.66, and non-GAAP diluted EPS(1) of $2.73, within our outlook. Returned $288 million to shareholders in the fiscal second quarter in the form of $254 million of share repurchases and $34 million in dividends, representing a 210% increase from the prior
SC 13G/A - TD SYNNEX CORP (0001177394) (Subject)
SC 13D/A - TD SYNNEX CORP (0001177394) (Subject)
SC 13D/A - TD SYNNEX CORP (0001177394) (Subject)
Raja Appointed Senior Vice President of Hyperscaler and Marketplace in North America TD SYNNEX (NYSE:SNX) announced today the appointment of industry veteran Tanuj Raja as Senior Vice President, North America Hyperscaler and Marketplace. Raja joins TD SYNNEX from Google and brings a wealth of expertise in marketplace strategies, digital transformation, and Telecom and Edge ecosystems. "We are thrilled to welcome Tanuj to TD SYNNEX and to help our partners capitalize on digital opportunities in new ways," said Reyna Thompson, Incoming North America President at TD SYNNEX. "At TD SYNNEX, we empower our partners to scale across diverse customer segments by providing comprehensive enablement
New program empowers North American partners to build their AI practice through tailored support TD SYNNEX, (NYSE:SNX), a leading global distributor and solutions aggregator for the IT ecosystem, today announced the launch of its Destination AI™ Practice Accelerator in North America to fast-track AI go-to-market efforts and monetization for partners. The program provides personalized support to partners looking to deliver specialized AI solutions to their customers. According to TD SYNNEX's recently released Direction of Technology report, partners are rapidly increasing investments in AI, with nearly half of all channel partners planning to offer AI-driven solutions in the next two years
MUNICH, Germany, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Acronis, a global leader in cybersecurity and data protection, is excited to announce its latest Acronis #TeamUp Partner, FC Bayern Munich Basketball. In partnership with TD SYNNEX Germany, a leading global distributor and aggregator of solutions for the IT ecosystem, the German Basketball champion will leverage Acronis' solutions to uplevel its IT infrastructure and capabilities. "We are proud to join forces with Bayern Munich and TD SYNNEX," said Markus Fritz, General Manager DACH at Acronis. "At Acronis, our focus is on delivering comprehensive cyber protection solutions. With an emphasis on expanding our presence in Germany, partneri
4 - TD SYNNEX CORP (0001177394) (Issuer)
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4 - TD SYNNEX CORP (0001177394) (Issuer)
10-Q - TD SYNNEX CORP (0001177394) (Filer)
8-K - TD SYNNEX CORP (0001177394) (Filer)
8-K - TD SYNNEX CORP (0001177394) (Filer)
Raja Appointed Senior Vice President of Hyperscaler and Marketplace in North America TD SYNNEX (NYSE:SNX) announced today the appointment of industry veteran Tanuj Raja as Senior Vice President, North America Hyperscaler and Marketplace. Raja joins TD SYNNEX from Google and brings a wealth of expertise in marketplace strategies, digital transformation, and Telecom and Edge ecosystems. "We are thrilled to welcome Tanuj to TD SYNNEX and to help our partners capitalize on digital opportunities in new ways," said Reyna Thompson, Incoming North America President at TD SYNNEX. "At TD SYNNEX, we empower our partners to scale across diverse customer segments by providing comprehensive enablement
Exclusive AWS specialization positions TD SYNNEX as a global market leader in cloud solutions TD SYNNEX (NYSE:SNX) today announced it has earned the prestigious Amazon Relational Database Service (RDS) Services Delivery Specialization, making it the first global solutions aggregator to achieve this designation. This designation recognizes TD SYNNEX's ability to manage complex tasks associated with Amazon RDS, enabling TD SYNNEX to better support partners through implementation, migration and integration. According to TD SYNNEX's recently released Direction of Technology Report, 58% of partners anticipate sales of managed services will increase in the next three years. Additionally, accord
Businesses to secure every sign-in to every app from every device with 1Password Extended Access Management 1Password, a leader in identity security, today announced a new strategic partnership with TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem. Leveraging TD SYNNEX's extensive distribution network and robust logistical and operational capabilities, the partnership will enable businesses across North America to secure every sign-in to every app from every device with 1Password's category-defining Extended Access Management (XAM) solution. "We've experienced unprecedented demand for 1Password Extended Access Management. Partnering with TD SYNNEX will
RBC Capital Mkts upgraded TD Synnex from Sector Perform to Outperform and set a new price target of $140.00 from $135.00 previously
UBS upgraded TD Synnex from Neutral to Buy and set a new price target of $145.00 from $115.00 previously
JP Morgan downgraded TD Synnex from Overweight to Neutral and set a new price target of $113.00 from $112.00 previously
Ratings for TD Synnex (NYSE:SNX) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 3 0 0 Last 30D 0 1 0 0 0 1M Ago 2 1 2 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $136.14, a high estimate of $150.00, and a low estimate of $123.00. Marking an increase of 2.25%, the current aver
TD Synnex (NYSE:SNX) has outperformed the market over the past 20 years by 6.04% on an annualized basis producing an average annual return of 14.54%. Currently, TD Synnex has a market capitalization of $9.84 billion. Buying $100 In SNX: If an investor had bought $100 of SNX stock 20 years ago, it would be worth $1,471.72 today based on a price of $115.09 for SNX at the time of writing. TD Synnex's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and revie
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