Critical Contrast: Wayside Technology Group (WSTG) versus SYNNEX (SNX)
Wayside Technology Group (NASDAQ:WSTG) and SYNNEX (NYSE:SNX) are both retail/wholesale companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, risk, analyst recommendations, profitability, valuation and dividends.
This is a summary of recent recommendations and price targets for Wayside Technology Group and SYNNEX, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Wayside Technology Group||0||0||0||0||N/A|
Volatility & Risk
Wayside Technology Group has a beta of 0.16, suggesting that its stock price is 84% less volatile than the S&P 500. Comparatively, SYNNEX has a beta of 0.83, suggesting that its stock price is 17% less volatile than the S&P 500.
Institutional & Insider Ownership
48.1% of Wayside Technology Group shares are owned by institutional investors. Comparatively, 71.7% of SYNNEX shares are owned by institutional investors. 12.9% of Wayside Technology Group shares are owned by insiders. Comparatively, 3.2% of SYNNEX shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Wayside Technology Group pays an annual dividend of $0.68 per share and has a dividend yield of 5.7%. SYNNEX pays an annual dividend of $1.40 per share and has a dividend yield of 1.8%. SYNNEX pays out 15.8% of its earnings in the form of a dividend. SYNNEX has raised its dividend for 2 consecutive years.
This table compares Wayside Technology Group and SYNNEX’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Wayside Technology Group||1.13%||14.10%||5.38%|
Earnings and Valuation
This table compares Wayside Technology Group and SYNNEX’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Wayside Technology Group||$449.38 million||0.12||$5.06 million||N/A||N/A|
|SYNNEX||$17.05 billion||0.23||$301.17 million||$8.86||8.75|
SYNNEX has higher revenue and earnings than Wayside Technology Group.
SYNNEX beats Wayside Technology Group on 11 of the 16 factors compared between the two stocks.
About Wayside Technology Group
Wayside Technology Group, Inc. operates as an information technology channel company worldwide. It operates in two segments, Lifeboat Distribution and TechXtend. The company distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators; and software, hardware, and services for corporations, government organizations, and academic institutions. It also resells computer software and hardware developed by others, as well as provides technical services to end user customers in the United States and Canada. In addition, the company offers a line of products from various publishers of software; and tools for virtualization/cloud computing, security, networking, storage and infrastructure management, application lifecycle management, and other technically sophisticated domains, as well as computer hardware. Wayside Technology Group, Inc. markets its products through own Websites, local and online seminars, Webinars, and social media, as well as direct email and printed materials. The company was formerly known as Programmer's Paradise, Inc. and changed its name to Wayside Technology Group, Inc. in August 2006. Wayside Technology Group, Inc. was founded in 1982 and is headquartered in Eatontown, New Jersey.
SYNNEX Corporation provides business process services in North and South America, the Asia-Pacific, Europe, and internationally. It operates in two segments, Technology Solutions and Concentrix. 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. It also provides systems design and integration solutions, build-to-order, and configure-to-order assembly capabilities; logistics services that include outsourced fulfillment, virtual distribution, and direct ship to end-users; online services; and financing services comprising net terms, third party leasing, floor plan financing, and letters of credit backed financing and arrangements. In addition, this segment offers marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and Web-based marketing. This segment serves resellers, system integrators, and retailers. The Concentrix segment offers a portfolio of strategic solutions and end-to-end business services focused on customer engagement strategy, process optimization, technology innovation, front and back-office automation, and business transformation services. This segment serves clients in various industry verticals, including automotive, banking and financial services, consumer electronics, energy and public sector, healthcare, insurance, media and communications, retail and e-commerce, and technology, as well as travel, transportation, and tourism. The company was formerly known as SYNNEX Information Technologies, Inc. and changed its name to SYNNEX Corporation in October 2003. SYNNEX Corporation was founded in 1980 and is headquartered in Fremont, California.
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