SNX Stock Recent News

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 and the year-ago actuals.

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.

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 for accepting Apple Pay, Google Pay, and card payments. By including ACH payments, the platform provides a trusted way to move money directly between accounts, one that serves as a lower-cost alternative to card payments. This method also validates account and routing numbers on every transaction, minimi.

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 tenure.

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 better insight.

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 moves support its undervaluation and growth prospects. This includes a $2 billion recently authorized buyback, and a 50% payout ratio of FCF.

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FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced it will report its financial results for the second quarter of fiscal 2024 before the U.S. market opens on Tuesday, June 25, 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 t.

TD SYNNEX (SNX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Investors with an interest in Electronics - Miscellaneous Products stocks have likely encountered both TD SYNNEX (SNX) and Trimble Navigation (TRMB). But which of these two companies is the best option for those looking for undervalued stocks?