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SNX $118.11

SNX target price
118.11
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SYNNEX Corporation
Type
Information technology
Traded as NYSE: SNX
S&P 400 Component
Industry Supply chain and electronics manufacturing services
Founded 1980
Headquarters Fremont, California, U.S.
Key people
Dwight Steffensen, Chairman; Kevin Murai, President and CEO
Revenue $14.1 billion USD (Fiscal 2016)
Number of employees
110,000 (2016)
Website www.synnexcorp.com

SYNNEX Corporation, a Fortune 500 company founded in 1980 by Robert T. Huang based in Fremont, California, is an information technology supply chain services company offering services to original equipment manufacturers, software publishers and reseller customers. The president and CEO, as of November 2008, was Kevin M. Murai.

Synnex distributes products and related logistics services. As a business process outsourcing and contract assembly it works with industry suppliers of IT systems, peripherals, system components, software and networking equipment. The company is one of the major employers in Greenville, South Carolina.

On December 21, 2009, SYNNEX acquired Jack of All Games from Take-Two Interactive.

In December 2010 SYNNEX acquired the managed business solutions division of e4e, an ITes service provider located in Bangalore in India.

A division known as Hyve Solutions integrates and sells products based on the 2012 specifications published by the Open Compute Project. In the same year, Hyve Solutions announced a partnership with IBM and Zettaset to produce a bundled "turnkey" platform for Hadoop-based analytics targeted to the needs of small- and medium-sized businesses.

SYNNEX Corp. Acquired IBM's worldwide customer care business process outsourcing (BPO) services business on 11 September 2013.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-09-26 Future report Set alerts
Q2 2022 2022-06-28 2.72 2.72
Q1 2022 2022-03-24 3.03 3.03
Q4 2021 2022-01-11 2.86 2.86
Q3 2021 2021-09-28 2.14 2.14
Q2 2021 2021-06-24 2.09 2.09
Q1 2021 2021-03-22 1.89 1.89
Q3 2020 2020-09-29 0.00 0.00
Q2 2020 2020-06-25 1.83 1.10
Q1 2020 2020-03-24 3.26 2.36

Ratings

2016-06-25 Reiterated Rating Raymond James Market Perform
2016-06-25 Reiterated Rating Raymond James Financial Inc. Market Perform
2016-06-24 Reiterated Rating Brean Capital Buy $97.00 to $108.00
2016-06-24 Reiterated Rating Needham & Company LLC Hold
2016-06-08 Downgrade Raymond James Outperform to Market Perform
2016-05-18 Upgrade Raymond James Underperform to Outperform $87.00
2016-05-02 Downgrade Citigroup Inc. Buy to Neutral
2016-03-29 Reiterated Rating Raymond James Underperform
2016-03-29 Reiterated Rating Citigroup Inc. Buy $105.00 to $101.00
2016-03-29 Reiterated Rating Needham & Company LLC Hold
2016-03-24 Downgrade Cross Research Buy to Hold
2016-03-23 Downgrade Raymond James Market Perform to Underperform
2016-01-11 Boost Price Target Macquarie Outperform $83.00 to $90.00
2016-01-08 Reiterated Rating Brean Capital Buy $97.00
2016-01-04 Reiterated Rating Raymond James Market Perform
2015-10-29 Downgrade Credit Agricole Outperform to Underperform
2015-10-29 Downgrade CLSA Outperform to Underperform
2015-10-29 Downgrade Credit Agricole SA Outperform to Underperform
2015-09-29 Initiated Coverage Needham & Company LLC Hold
2015-09-25 Boost Price Target Brean Capital Buy $90.00 to $97.00
2015-07-05 Reiterated Rating Citigroup Inc. Buy
2015-07-02 Reiterated Rating Brean Capital Buy
2015-06-29 Reiterated Rating Citigroup Inc. Buy $92.00 to $88.00
2015-06-26 Reiterated Rating Brean Capital Buy $90.00
2015-06-26 Downgrade Needham & Company LLC Buy to Hold
2015-06-23 Reiterated Rating Raymond James Market Perform
2015-04-01 Set Price Target Brean Capital Buy $90.00
2015-04-01 Reiterated Rating Citigroup Inc. Buy $93.00 to $92.00
2015-02-27 Downgrade Stifel Nicolaus Buy to Hold
2015-01-13 Reiterated Rating Citigroup Inc. Buy $88.00 to $93.00
2015-01-13 Set Price Target Brean Capital Buy $90.00
2015-01-13 Boost Price Target Stifel Nicolaus Buy $71.00 to $80.00
2015-01-05 Downgrade Raymond James Outperform to Market Perform $70.00
2014-12-30 Reiterated Rating Brean Capital Buy $85.00 to $90.00
2014-09-30 Reiterated Rating Citigroup Inc. Buy $85.00 to $88.00
2014-09-24 Upgrade Raymond James Market Perform to Outperform $68.00
2014-09-16 Upgrade Stifel Hold to Buy $71
2014-09-16 Upgrade Stifel Nicolaus Hold to Buy $71.00
2014-07-03 Reiterated Needham Buy $74 to $78
2014-07-03 Boost Price Target Needham & Company LLC Buy $74.00 to $78.00
2014-07-03 Reiterated Rating Bank of America Buy $80.00 to $85.00
2014-07-03 Reiterated Rating Bank of America Corp. Buy $80.00 to $85.00
2014-05-21 Upgrade Credit Agricole Outperform to Buy
2014-05-19 Upgrade Cross Research Hold to Buy $81.00
2014-05-12 Upgrade Needham & Company LLC Hold to Buy $79.00
2014-04-04 Boost Price Target Citigroup Inc. $72.00 to $85.00
2014-04-04 Boost Price Target Brean Capital Buy $72.00 to $85.00
2014-04-04 Boost Price Target Goldman Sachs $61.00 to $67.00
2014-02-18 Upgrade Ned Davis Research Neutral to Buy
2014-01-15 Upgrade Citigroup Inc. Neutral to Buy $64.00 to $72.00
2014-01-14 Upgrade Credit Agricole Underperform to Outperform $64.00 to $65.00
2014-01-03 Downgrade Cross Research Buy to Hold $70.00
2013-10-07 Initiated Coverage Ned Davis Research Neutral
2013-09-27 Boost Price Target Brean Capital Buy $46.00 to $72.00
2013-06-26 Reiterated Needham Buy $42 to $46
2013-01-11 Reiterated Needham Buy $40 to $42
2012-09-26 Downgrade Needham Strong Buy to Buy $42 to $40
2012-03-08 Downgrade Stifel Nicolaus Buy to Hold
2011-06-29 Reiterated Brean Murray Buy $43 to $40
2011-01-27 Downgrade Kaufman Bros Buy to Hold $38
2011-01-12 Reiterated Brean Murray Buy $38 to $43
2009-06-24 Initiated Credit Suisse Outperform
2009-03-27 Upgrade Needham Hold to Buy $21
2008-02-14 Downgrade Needham & Co Buy to Hold
2007-08-07 Initiated Banc of America Sec Buy $25 to $24
2016-06-25 Reiterated Rating Raymond James Market Perform
2016-06-25 Reiterated Rating Raymond James Financial Inc. Market Perform
2016-06-24 Reiterated Rating Brean Capital Buy $97.00 to $108.00
2016-06-24 Reiterated Rating Needham & Company LLC Hold
2016-06-08 Downgrade Raymond James Outperform to Market Perform

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
SILVER STAR DEVELOPMENTS LTD 12.71%  (4997878) SNX /
PEER DEVELOPMENTS LTD 9.81%  (3859888) SNX /
MIAU MATTHEW 0.93%  (364352) SNX /
MURAI KEVIN M Chief Executive Officer 0.21%  (83956) SFG / SNX /
Caldwell Christopher A President, Concentrix 0.07%  (27341) SNX /
POLK DENNIS Chief Operating Officer 0.06%  (24295) SNX / TRNO /
LEUNG SIMON SVP, GC & Corporate Secretary 0.06%  (21880) SNX /
Witt Marshall Chief Financial Officer 0.05%  (19610) SNX /
LAROCQUE PETER President, U.S. Distribution 0.04%  (17458) SNX /
BREIDENBACH FRED A 0.04%  (16882) SNX /
ZITZNER DUANE E 0.04%  (16832) SNX /
Lee Hau L. 0.04%  (15526) SNX /
Zulberti Andrea M 0.03%  (13717) SNX /
Wurster Thomas S. 0.03%  (11526) SNX /
QUESNEL GREGORY L 0.02%  (9308) PCH / ROST / SNX /
STEFFENSEN DWIGHT 0.01%  (4164) OVTI / SNX /
VEZINA ANN F 0.01%  (2519) SNX /