TD SYNNEX (SNX) Expected to Announce Earnings on Tuesday

TD SYNNEX (NYSE:SNX) will likely be issuing its Q1 2026 results before the market opens on Tuesday, March 31st. Analysts expect the company to announce earnings of $3.24 per share and revenue of $15.5911 billion for the quarter. TD SYNNEX has set its Q1 2026 guidance at 3.000-3.500 EPS. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Tuesday, March 31, 2026 at 9:00 AM ET.

TD SYNNEX (NYSE:SNX) last posted its earnings results on Thursday, January 8th. The business services provider reported $3.83 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.15. TD SYNNEX had a return on equity of 12.60% and a net margin of 1.32%.The business had revenue of $17.38 billion during the quarter, compared to analyst estimates of $15.46 billion. During the same quarter in the previous year, the firm earned $3.09 EPS. The company’s quarterly revenue was up 9.7% compared to the same quarter last year. On average, analysts expect TD SYNNEX to post $12 EPS for the current fiscal year and $14 EPS for the next fiscal year.

TD SYNNEX Price Performance

SNX stock opened at $157.31 on Monday. The firm has a 50 day moving average of $158.54 and a 200-day moving average of $155.12. The company has a current ratio of 1.21, a quick ratio of 0.75 and a debt-to-equity ratio of 0.43. TD SYNNEX has a 12 month low of $92.23 and a 12 month high of $175.56. The firm has a market capitalization of $12.68 billion, a P/E ratio of 15.78, a price-to-earnings-growth ratio of 1.13 and a beta of 1.37.

TD SYNNEX Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were paid a $0.48 dividend. The ex-dividend date was Friday, January 16th. This represents a $1.92 annualized dividend and a yield of 1.2%. This is a boost from TD SYNNEX’s previous quarterly dividend of $0.44. TD SYNNEX’s dividend payout ratio is currently 19.26%.

Insider Transactions at TD SYNNEX

In related news, Director Richard T. Hume sold 25,000 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $160.67, for a total value of $4,016,750.00. Following the completion of the transaction, the director directly owned 47,515 shares in the company, valued at approximately $7,634,235.05. The trade was a 34.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Merline Saintil sold 167 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $157.75, for a total value of $26,344.25. Following the completion of the transaction, the director directly owned 6,995 shares in the company, valued at approximately $1,103,461.25. This represents a 2.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 80,915 shares of company stock valued at $13,111,786 in the last quarter. Insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On TD SYNNEX

Hedge funds and other institutional investors have recently modified their holdings of the company. CIBC Bancorp USA Inc. bought a new stake in TD SYNNEX in the 3rd quarter worth approximately $285,000. Sciencast Management LP purchased a new stake in TD SYNNEX in the fourth quarter worth approximately $284,000. Numerai GP LLC bought a new position in TD SYNNEX during the fourth quarter valued at approximately $280,000. Brooklyn Investment Group grew its position in TD SYNNEX by 26.2% during the fourth quarter. Brooklyn Investment Group now owns 1,774 shares of the business services provider’s stock valued at $272,000 after acquiring an additional 368 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. purchased a new position in shares of TD SYNNEX during the second quarter worth approximately $244,000. 84.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Barrington Research reissued an “outperform” rating and issued a $182.00 price target on shares of TD SYNNEX in a report on Friday. Zacks Research cut shares of TD SYNNEX from a “strong-buy” rating to a “hold” rating in a report on Monday, December 15th. The Goldman Sachs Group assumed coverage on TD SYNNEX in a research report on Tuesday, January 13th. They issued a “buy” rating and a $180.00 price objective on the stock. Morgan Stanley lifted their price objective on TD SYNNEX from $172.00 to $174.00 and gave the company an “overweight” rating in a research note on Friday, March 20th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of TD SYNNEX in a research note on Monday, December 22nd. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, TD SYNNEX currently has an average rating of “Moderate Buy” and an average price target of $174.70.

About TD SYNNEX

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the information technology industry. Formed in September 2021 through the merger of Tech Data and SYNNEX Corporation, the company provides a comprehensive range of products, services and solutions that span hardware, software, cloud, mobility, security and data center technologies. TD SYNNEX partners with vendors, resellers and system integrators to design, deploy and support IT infrastructures across diverse market segments, including commercial enterprises, public sector organizations and retail operations.

The company’s core business activities include the distribution of technology products from manufacturers such as servers, storage, networking equipment and peripherals, as well as the resale and provisioning of software licenses and cloud-based solutions.