TD SYNNEX Corporation (NYSE: SNX) has reported E.P.S. of $1.67 for its second fiscal quarter (ending May 31) versus $1.41 for the same period a year ago. For the latest four quarters through May 31, E.P.S. were $7.16 compared to $7.04 a year ago.
Recent Price Action
TD SYNNEX Corporation (NYSE: SNX) stock closed at $116.96 on 6/25/24 after a large decline of -9.6%. Moreover, this decline was accompanied by exceptionally high trading volume at 393% of normal. The stock has declined -10.0% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SNX is expected to continue to be an important Value Builder.
TD SYNNEX has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. TD SYNNEX has a slightly positive Appreciation Score of 70 and a very high Power Rating of 91, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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