NYSE:SNX', 'SYNNEX Corporation', 'http://weeklyregister.com/weekly-register-logo.png');

SYNNEX Corporation (SNX) EPS Estimated At $2.68

December 11, 2017 - By Darrin Black

 SYNNEX Corporation (SNX) EPS Estimated At $2.68
Investors sentiment decreased to 1.14 in Q2 2017. Its down 0.44, from 1.58 in 2017Q1. It dived, as 28 investors sold SYNNEX Corporation shares while 71 reduced holdings. 33 funds opened positions while 80 raised stakes. 28.27 million shares or 0.33% less from 28.37 million shares in 2017Q1 were reported.
120,070 were accumulated by Morgan Stanley. Moreover, Brown Brothers Harriman & has 0% invested in SYNNEX Corporation (NYSE:SNX) for 525 shares. Liberty Mutual Grp Asset Mngmt reported 0.05% in SYNNEX Corporation (NYSE:SNX). Guggenheim Capital Ltd Liability accumulated 0.01% or 28,587 shares. Northern reported 915,985 shares. Proshare Ltd Liability Company holds 5,689 shares or 0.01% of its portfolio. Teacher Retirement Of Texas owns 0% invested in SYNNEX Corporation (NYSE:SNX) for 2,390 shares. Oppenheimer Asset holds 0% or 37 shares. 4,140 were reported by Alpha Windward Ltd. Citigroup Inc reported 397 shares. Vanguard Grp Incorporated holds 0.02% or 3.22M shares in its portfolio. Grantham Mayo Van Otterloo And Ltd Liability accumulated 3,200 shares. 41,043 are held by Los Angeles Capital Management & Equity Rech. Bb&T Corporation holds 17,809 shares. Royal Bancorp Of Canada owns 7,740 shares.

Analysts expect SYNNEX Corporation (NYSE:SNX) to report $2.68 EPS on January, 9.They anticipate $0.11 EPS change or 4.28 % from last quarter’s $2.57 EPS. SNX’s profit would be $107.11 million giving it 12.26 P/E if the $2.68 EPS is correct. After having $2.16 EPS previously, SYNNEX Corporation’s analysts see 24.07 % EPS growth. The stock increased 0.54% or $0.71 during the last trading session, reaching $131.43. About 127,178 shares traded. SYNNEX Corporation (NYSE:SNX) has risen 29.93% since December 11, 2016 and is uptrending. It has outperformed by 13.23% the S&P500.

SYNNEX Corporation (NYSE:SNX) Ratings Coverage

Among 11 analysts covering SYNNEX (NYSE:SNX), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. SYNNEX had 25 analyst reports since August 20, 2015 according to SRatingsIntel. The stock of SYNNEX Corporation (NYSE:SNX) earned “Hold” rating by Needham on Friday, June 24. The firm earned “Buy” rating on Wednesday, April 12 by Stifel Nicolaus. Stifel Nicolaus maintained SYNNEX Corporation (NYSE:SNX) rating on Sunday, September 10. Stifel Nicolaus has “Buy” rating and $132.0 target. The stock of SYNNEX Corporation (NYSE:SNX) has “Outperform” rating given on Wednesday, May 18 by Raymond James. The rating was downgraded by Credit Agricole on Thursday, October 29 to “Underperform”. Cross Research downgraded the stock to “Hold” rating in Thursday, March 24 report. On Friday, June 9 the stock rating was maintained by Stifel Nicolaus with “Buy”. Zacks upgraded it to “Hold” rating and $86 target in Thursday, August 27 report. Brean Capital maintained the stock with “Buy” rating in Friday, June 24 report. On Tuesday, September 26 the stock rating was maintained by Citigroup with “Neutral”.

SYNNEX Corporation provides business process services to resellers, system integrators, retailers, and original equipment manufacturers in North and South America, the Asia-Pacific, Europe, and internationally. The company has market cap of $5.25 billion. It operates in two divisions, Technology Solutions and Concentrix. It has a 17.83 P/E ratio. The Technology Solutions segment distributes peripherals; information technology systems, including data center server and storage solutions; system components; software; networking/communications/security equipment; consumer electronics; and complementary products.

More notable recent SYNNEX Corporation (NYSE:SNX) news were published by: Prnewswire.com which released: “SYNNEX Corporation Advances to Number Fifteen on the 2017 Best Places to Work …” on August 14, 2017, also Prnewswire.com with their article: “SYNNEX Teams with Verizon Wireless to Offer Cloud-Based Unified Phone System” published on November 16, 2017, Prnewswire.com published: “SYNNEX Corporation Reports Fiscal 2017 Third Quarter Results” on September 25, 2017. More interesting news about SYNNEX Corporation (NYSE:SNX) were released by: Nasdaq.com and their article: “Should Value Investors Pick SYNNEX Corporation (SNX) Stock?” published on November 13, 2017 as well as Nasdaq.com‘s news article titled: “Synnex Corporation (SNX) Ex-Dividend Date Scheduled for October 12, 2017” with publication date: October 11, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.