A Look Ahead: TD Synnex's Earnings Forecast

TD Synnex SNX is set to give its latest quarterly earnings report on Thursday, 2025-03-27. Here's what investors need to know before the announcement.

Analysts estimate that TD Synnex will report an earnings per share (EPS) of $2.91.

The market awaits TD Synnex's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

The company's EPS beat by $0.04 in the last quarter, leading to a 0.0% drop in the share price on the following day.

Here's a look at TD Synnex's past performance and the resulting price change:

Stock Performance

Shares of TD Synnex were trading at $126.6 as of March 25. Over the last 52-week period, shares are up 10.95%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on TD Synnex

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on TD Synnex.

The consensus rating for TD Synnex is Outperform, based on 7 analyst ratings. With an average one-year price target of $149.43, there's a potential 18.03% upside.

Peer Ratings Overview

This comparison focuses on the analyst ratings and average 1-year price targets of Arrow Electronics, Ingram Micro Holding and Avnet, three major players in the industry, shedding light on their relative performance expectations and market positioning.

• Arrow Electronics received a Underperform consensus from analysts, with an average 1-year price target of $99.0, implying a potential 21.8% downside.
• Ingram Micro Holding received a Buy consensus from analysts, with an average 1-year price target of $26.5, implying a potential 79.07% downside.
• The prevailing sentiment among analysts is an Neutral trajectory for Avnet, with an average 1-year price target of $50.0, implying a potential 60.51% downside.

Key Findings: Peer Analysis Summary

The peer analysis summary provides a snapshot of key metrics for Arrow Electronics, Ingram Micro Holding and Avnet, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.

Key Takeaway:

TD Synnex is positioned favorably compared to its peers in terms of revenue growth, with the highest percentage increase. It also leads in gross profit, indicating strong operational efficiency. Additionally, TD Synnex outperforms in return on equity, showcasing better profitability relative to its peers.

Discovering TD Synnex: A Closer Look

TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and data center infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include the Americas, Europe, and APJ.

TD Synnex: Delving into Financials

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Revenue Growth: TD Synnex's revenue growth over a period of 3 months has been noteworthy. As of 30 November, 2024, the company achieved a revenue growth rate of approximately 9.98%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.

Net Margin: TD Synnex's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 1.22%, the company may face hurdles in effective cost management.

Return on Equity (ROE): TD Synnex's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.38%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.65%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: With a below-average debt-to-equity ratio of 0.49, TD Synnex adopts a prudent financial strategy, indicating a balanced approach to debt management.

To track all earnings releases for TD Synnex visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.