Brokers Set Expectations for TD SYNNEX FY2025 Earnings

TD SYNNEX Corporation (NYSE:SNX) – Equities researchers at Barrington Research increased their FY2025 earnings estimates for shares of TD SYNNEX in a report issued on Monday, September 29th. Barrington Research analyst V. Colicchio now anticipates that the business services provider will post earnings of $12.53 per share for the year, up from their previous forecast of $11.63. Barrington Research has a “Outperform” rating and a $182.00 price objective on the stock. The consensus estimate for TD SYNNEX’s current full-year earnings is $11.88 per share. Barrington Research also issued estimates for TD SYNNEX’s Q4 2025 earnings at $3.59 EPS and FY2026 earnings at $13.80 EPS.

A number of other analysts also recently issued reports on SNX. JPMorgan Chase & Co. lifted their price objective on TD SYNNEX from $143.00 to $160.00 and gave the stock a “neutral” rating in a research note on Thursday, July 17th. Raymond James Financial set a $175.00 price objective on shares of TD SYNNEX in a research report on Thursday, September 25th. Barclays boosted their target price on shares of TD SYNNEX from $140.00 to $164.00 and gave the stock an “equal weight” rating in a report on Friday, September 26th. Wall Street Zen raised shares of TD SYNNEX from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Finally, The Goldman Sachs Group boosted their price objective on TD SYNNEX from $145.00 to $164.00 and gave the stock a “buy” rating in a research note on Thursday, September 25th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $169.55.

TD SYNNEX Trading Down 0.3%

Shares of TD SYNNEX stock opened at $163.96 on Thursday. TD SYNNEX has a twelve month low of $92.23 and a twelve month high of $167.76. The company has a quick ratio of 0.71, a current ratio of 1.20 and a debt-to-equity ratio of 0.36. The business has a 50-day moving average price of $150.00 and a 200-day moving average price of $131.76. The firm has a market cap of $13.52 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.28 and a beta of 1.43.

TD SYNNEX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, October 17th. TD SYNNEX’s dividend payout ratio is 19.09%.

Insiders Place Their Bets

In related news, insider Alim Dhanji sold 1,257 shares of the firm’s stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $142.41, for a total value of $179,009.37. Following the transaction, the insider owned 10,984 shares of the company’s stock, valued at $1,564,231.44. This trade represents a 10.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ann F. Vezina sold 812 shares of TD SYNNEX stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $150.42, for a total transaction of $122,141.04. Following the sale, the director owned 6,079 shares of the company’s stock, valued at $914,403.18. The trade was a 11.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,930 shares of company stock worth $430,163 over the last quarter. Company insiders own 1.00% of the company’s stock.

Institutional Trading of TD SYNNEX

Institutional investors and hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC grew its stake in TD SYNNEX by 11.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,008 shares of the business services provider’s stock worth $822,000 after purchasing an additional 708 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of TD SYNNEX by 115.1% in the 1st quarter. Versant Capital Management Inc now owns 342 shares of the business services provider’s stock worth $36,000 after buying an additional 183 shares during the period. GAMMA Investing LLC grew its position in shares of TD SYNNEX by 12,044.9% during the 1st quarter. GAMMA Investing LLC now owns 77,970 shares of the business services provider’s stock worth $8,106,000 after buying an additional 77,328 shares in the last quarter. NBC Securities Inc. increased its stake in shares of TD SYNNEX by 137,750.0% during the first quarter. NBC Securities Inc. now owns 2,757 shares of the business services provider’s stock valued at $286,000 after buying an additional 2,755 shares during the period. Finally, Merit Financial Group LLC bought a new stake in shares of TD SYNNEX in the first quarter valued at about $215,000. Institutional investors own 84.00% of the company’s stock.

TD SYNNEX Company Profile

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components.