Jun. 20 at 11:22 PM
Heads up alert! upcoming earnings on Tuesday, 6/24/2025 for
$SNX Neutral (5.5)
TD SYNNEX (SNX) presents a mixed outlook as it prepares for its upcoming earnings report on June 24, 2025.
Recent analyses suggest that while the company is poised to benefit from long-term information technology spending, its earnings are expected to decline, which raises concerns among investors.
The consensus among analysts indicates a cautious approach, primarily due to the competitive landscape and macroeconomic conditions affecting IT distribution.
Key financial metrics reveal a P/E ratio that, while not excessively high, indicates market expectations of growth that may not be met in the near term.
The company’s earnings per share (EPS) growth has been volatile, and revenue forecasts seem to be under pressure compared to industry peers like Ingram Micro and CDW, who have shown more robust performance in recent quarters.
Furthermore, the impending collaboration with Arctera and Wasabi Technologies highlights SNX's strategic moves to enhance its offerings in data management and cloud solutions, potentially mitigating some concerns regarding its current growth trajectory.
In terms of upcoming earnings, analysts anticipate that TD SYNNEX will report lower revenue and EPS compared to previous periods, reflecting broader trends in the IT distribution sector.
Historical performance data shows that the company has struggled to consistently meet earnings expectations, which may weigh on investor sentiment.
Analyst consensus estimates suggest a cautious outlook, with many predicting a challenging quarter ahead.
The potential impact on the stock could be significant if the results fall short of expectations, especially given the heightened scrutiny on technology spending.
Overall, the IT distribution sector is currently experiencing a mixed performance, with some companies capitalizing on increased technology investments while others, like TD SYNNEX, face challenges that may hinder growth.
The sector's performance is influenced by various factors, including cybersecurity needs, cloud adoption, and shifting customer demands, all of which TD SYNNEX is actively addressing through strategic initiatives.
However, its ability to navigate this landscape effectively will be crucial in determining its future stock performance.
- Funds were net buyers of
$SNX during the previous reporting quarter.
- Top 5 funds with large holdings in
$SNX:
- Brave Warrior Advisors LLC, MV:
$424MM. Fund Rank: 91%
- Khrom Capital Managment, MV:
$73MM. Fund Rank: 66%
- Goodnow Investment Group LLC, MV:
$60MM. Fund Rank: 93%
www.goodnow.com
- GW&K Investment Management LLC, MV:
$16MM. Fund Rank: 79%
- Ruffer LLP, MV:
$10MM. Fund Rank: 79%
www.ruffer.co.uk
- Last 10 days performance: -1%
- Last 30 days performance: 3%
- Last 90 days performance: -2%
Some of the latest news articles:
- Title: Should You Buy, Sell or Hold NET Stock After a 68.5% YTD Surge?
Publication Date: 6/19/2025 2:33:00 PM, Source: yahoo
URL: https://finance.yahoo.com/news/buy-sell-hold-net-stock-143300407.html?.tsrc=rss
- Title: Countdown to TD SYNNEX (SNX) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
Publication Date: 6/18/2025 1:15:03 PM, Source: yahoo
URL: https://finance.yahoo.com/news/countdown-td-synnex-snx-q2-131503575.html?.tsrc=rss
- Title: Arctera, Wasabi Technologies and TD SYNNEX Join Forces to Simplify Data Protection
Publication Date: 6/17/2025 2:07:00 PM, Source: yahoo
URL: https://finance.yahoo.com/news/arctera-wasabi-technologies-td-synnex-140700550.html?.tsrc=rss
- Title: Earnings Preview: TD SYNNEX (SNX) Q2 Earnings Expected to Decline
Publication Date: 6/17/2025 2:00:04 PM, Source: yahoo
URL: https://finance.yahoo.com/news/earnings-preview-td-synnex-snx-140004450.html?.tsrc=rss
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