30 May, 2017
SNX's profit will be $70.97M for 15.89 P/E if the $1.75 EPS becomes a reality. After having $1.82 EPS previously, SYNNEX Corporation's analysts see -3.85% EPS growth. The stock declined 1.57% or $1.77 reaching $111.21 per share. About 84,051 shares traded. It has outperformed by 13.23% the S&P500. Finally, Kennedy Capital Management Inc. increased its stake in shares of SYNNEX by 74.4% in the first quarter. Following the completion of the transaction, the senior vice president now directly owns 25,462 shares in the company, valued at $3,060,277.78. (NYSE:SNX) will announce earnings per share (EPS) of $1.75 for the current quarter, according to Zacks. About shares traded. Illumina, Inc. Sequans Communications SA ADR (NYSE:SQNS) has risen 90.48% since May 26, 2016 and is uptrending. It has outperformed by 11.54% the S&P500.
Since December 1, 2016, it had 0 insider buys, and 28 selling transactions for $4.53 million activity. Insiders sold 10,442 shares of company stock worth $1,180,658 in the last ninety days. MURAI KEVIN M also sold $240,870 worth of SYNNEX Corporation (NYSE:SNX) shares. The shares were sold at an average price of $108.68, for a total transaction of $217,360.00. LEUNG SIMON also sold $15,385 worth of SYNNEX Corporation (NYSE:SNX) on Wednesday, February 1. Nationwide Fund Advsrs stated it has 0.04% in SYNNEX Corporation (NYSE:SNX). LAROCQUE PETER sold $323,500 worth of stock. Investors of record on Friday, April 14th were paid a $0.25 dividend. Its down 0.54, from 1.32 in 2016Q3.
Following U.S. election volatility some analysts have updated their recommended target prices on shares of Synnex Corporation (NYSE:SNX). Oregon Public Employees Retirement Fund raised its position in shares of SYNNEX by 1.0% in the first quarter. Los Angeles Cap Mgmt & Equity reported 25,563 shares. Tiaa Cref Investment Management Limited Co has invested 0.01% in SYNNEX Corporation (NYSE:SNX). Creative Planning holds 0% of its portfolio in SYNNEX Corporation (NYSE:SNX) for 100 shares. Prudential Financial, a New Jersey-based fund reported 377,920 shares. Wellington Group Llp, a Massachusetts-based fund reported 169,584 shares. Dekabank Deutsche Girozentrale stated it has 0.03% of its portfolio in SYNNEX Corporation (NYSE:SNX). 2,700 are owned by Fuller Thaler Asset Mgmt Incorporated. Credit Suisse Ag accumulated 61,282 shares or 0.01% of the stock. First Midwest Bankshares Trust Division accumulated 4,392 shares. Princeton Alpha L P invested 0.06% in SYNNEX Corporation (NYSE:SNX).
09/27/2016 - Synnex Corporation had its "hold" rating reiterated by analysts at Needham & Company. Therefore 25% are positive. Two analysts have provided estimates for SYNNEX's earnings, with the lowest sales estimate coming in at $3.65 billion and the highest estimate coming in at $3.68 billion. The rating was maintained by Stifel Nicolaus with "Hold" on Tuesday, September 27. Brean Capital maintained the stock with "Buy" rating in Friday, September 25 report. As per Thursday, October 29, the company rating was downgraded by CLSA. Raymond James downgraded SYNNEX Corporation (NYSE:SNX) on Wednesday, March 23 to "Underperform" rating. Zacks Investment Research upgraded shares of SYNNEX from a "hold" rating to a "strong-buy" rating and set a $147.00 target price for the company in a research note on Friday, January 13th. Manufacturers Life Insurance Company The has invested 0.01% in SYNNEX Corporation (NYSE:SNX). On Thursday, August 20 the stock rating was upgraded by Zacks to "Sell". Brean Capital maintained SYNNEX Corporation (NYSE:SNX) on Friday, June 24 with "Buy" rating.
Synnex Corporation is a business process services company. The stock has a market cap of $4.35 billion, a price-to-earnings ratio of 17.43 and a beta of 1.18. The Company provides a range of distribution, logistics and integration services for the technology industry and providing outsourced services focused on customer engagement strategy. SYNNEX's dividend payout ratio is presently 17.01%. The Company operates in two segments: Technology Solutions and Concentrix. The company presently has an average rating of "Hold" and an average price target of $115.33. Therefore 46% are positive. Sequans Communications had 3 analyst reports since February 8, 2016 according to SRatingsIntel. As per Tuesday, March 29, the company rating was maintained by Citigroup. The firm earned "Equal-Weight" rating on Tuesday, April 19 by Morgan Stanley. The rating was downgraded by First Analysis on Wednesday, November 2 to "Underweight". The firm earned "Hold" rating on Thursday, August 27 by Zacks.
04/12/2017 - Synnex Corporation was upgraded to "buy" by analysts at Stifel Nicolaus. Apple Inc. (NASDAQ:AAPL) was reduced too. Pictet Cie (Europe) Sa reported 0.43% of its portfolio in Illumina, Inc. World Asset Management Inc increased its stake in SYNNEX by 0.8% in the first quarter. (NASDAQ:ILMN) for 15,856 shares. US Bancorp DE now owns 1,112 shares of the business services provider's stock worth $124,000 after buying an additional 284 shares in the last quarter. During the same quarter in the prior year, the firm earned $1.37 earnings per share. The Ahl Partners Llp holds 20,844 shares with $2.52 million value, down from 87,700 last quarter. Dubuque Savings Bank Company holds 0% of its portfolio in Illumina, Inc. Guggenheim Lc reported 384,172 shares.
