Synnex Corp (SNX) Earnings Fall Short: 2Q Adjusted EPS Forecast Misses Estimates

Synnex Corp on Smartkarma

Analysts on Smartkarma are upbeat about Synnex Corp, with Value Investors Club highlighting growth potential in the company’s Hyve division and a projected 35% increase in stock value. The report also praises Synnex’s undervaluation, shareholder-friendly capital allocation program, and expected organic net income growth for strong future returns. Published 3 months ago, this analysis emphasizes the company’s position as a global IT distributor benefitting from a recovery in IT hardware spend.

Meanwhile, Baptista Research points out TD Synnex Corporation’s mixed performance in the fourth quarter of fiscal year 2024. The report mentions a 10% year-over-year revenue increase driven by strength in Endpoint Solutions and robust demand for PCs. Despite the mixed aspects, including positive gross billings and portfolio growth, analysts are optimistic about Synnex’s performance in 2025 and beyond. The report sheds light on the major drivers influencing Synnex’s outlook in the coming years.

A look at Synnex Corp Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

SYNNEX Corp, a provider of IT supply chain services, holds a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Value, Growth, Resilience, and Momentum, the company is positioned for sustained success. A strong value score indicates that investors may find the company to be undervalued, while a solid growth score suggests potential for expansion. Additionally, a resilient score highlights the company’s ability to weather challenges, and a high momentum score indicates strong market performance.

In summary, SYNNEX Corporation, known for its IT supply chain services globally, showcases a positive overall outlook according to the Smartkarma Smart Scores. With impressive scores in Value, Growth, Resilience, and Momentum, the company demonstrates strong fundamentals for long-term success in the industry.

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