Last $74.19 USD
Change Today -1.91 / -2.51%
Volume 184.9K
SNX On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

synnex corp (SNX) Snapshot

Open
$75.38
Previous Close
$76.10
Day High
$75.92
Day Low
$73.93
52 Week High
01/26/15 - $80.24
52 Week Low
02/3/14 - $51.65
Market Cap
2.9B
Average Volume 10 Days
172.4K
EPS TTM
$5.14
Shares Outstanding
39.5M
EX-Date
01/14/15
P/E TM
14.4x
Dividend
$0.50
Dividend Yield
0.34%
Current Stock Chart for SYNNEX CORP (SNX)

synnex corp (SNX) Details

SYNNEX Corporation provides distribution and business process outsourcing (BPO) services to resellers, retailers, and original equipment manufacturers (OEMs) primarily in North America. It operates in two segments, Distribution Services and Global Business Services (GBS). The Distribution Services segment distributes information technology (IT) products, such as IT systems, peripherals, system components, software, networking equipment, consumer electronics, and complementary products to value-added resellers, system integrators, and retailers. This segment also offers data center server and storage solutions; and contract assembly services, including systems design, build-to-order, configure-to-order, and assembly capabilities, as well as value added services comprising kitting, reconfiguration, asset tagging, and hard drive imaging. The GBS segment provides BPO services, including customer management, renewals management, back office processing, and IT outsourcing through voice, chat, Web, email, and digital print. The company also provides logistics services consisting of outsourced fulfillment, virtual distribution, and direct ship to end-users; financing services comprising net terms, third party leasing, floor plan financing, letters of credit backed financing, and arrangements; 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; and online and technical support services. It also has operations in China, India, Japan, the Philippines, Costa Rica, Hungary, Mexico, Nicaragua, and the United Kingdom. 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.

59,000 Employees
Last Reported Date: 01/29/15
Founded in 1980

synnex corp (SNX) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $600.0K
Chief Financial Officer
Total Annual Compensation: $546.2K
Chief Operating Officer and Director
Total Annual Compensation: $435.0K
President of North American Distribution
Total Annual Compensation: $435.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $245.0K
Compensation as of Fiscal Year 2013.

synnex corp (SNX) Key Developments

Nexenta Collaborates with SYNNEX Corporation to Scale its North American Footprint

Nexenta announced the signing of an exclusive distribution agreement with SYNNEX Corporation. The agreement provides North American solution providers with access to SDS solutions that provide innovative enterprise features at a significantly lower total cost than legacy systems. Nexenta’s sales model is 100% channel focused and targets existing and new partners who are rapidly expanding their businesses. The agreement enables Nexenta and SYNNEX to provide partners the ability to expand their solutions with complete, hardware-agnostic, SDS options for their customers.

SYNNEX Corp. Declares Quarterly Cash Dividend, Payable on January 30, 2015

SYNNEX Corp. announced that its Board of Directors has declared a quarterly cash dividend of $0.125 per common share. The dividend will be payable on January 30, 2015 to the shareholders of record as of the close of business on January 16, 2015.

SYNNEX Corp. Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Year Ended November 30, 2014; Provides Earnings Guidance for the First Quarter and Annual Tax Rate Guidance for the Fiscal 2015

SYNNEX Corp. announced unaudited consolidated financial results for the fourth quarter and year ended November 30, 2014. For the quarter, revenue was $3,823,869,000 against $3,059,051,000 a year ago. Income before non-operating items, income taxes and non-controlling interest was $91,484,000 against $66,040,000 a year ago. Income before income taxes and non-controlling interest was $91,484,000 against $66,040,000 a year ago. Net income attributable to the company was $57,080,000 or $1.44 per diluted share against $41,488,000 or $1.09 per diluted share a year ago. Non-GAAP operating income was $124,861,000 against $77,254,000 a year ago. Non-GAAP net income attributable to the company was $72,677,000 or $1.83 per diluted share against $46,681,000 or $1.23 per diluted share a year ago. Capital expenditure for the quarter was approximately $20.1 million, which is primarily related to Concentrix facility expansion due to business growth. Preliminary cash flow generated from operations was approximately $50 million for the fourth quarter due to positive cash flow generated from Concentrix and efficient Technology Solutions working capital management. For the year, revenue was $13,839,590,000 against $10,845,164,000 a year ago. Income before non-operating items, income taxes and non-controlling interest was $308,507,000 against $240,828,000 a year ago. Income before income taxes and non-controlling interest was $284,282,000 against $238,052,000 a year ago. Net income attributable to the company was $180,034,000 or $4.57 per diluted share against $152,237,000 or $3.02 per diluted share a year ago. Non-GAAP operating income was $406,704,000 against $257,175,000 a year ago. Non-GAAP net income attributable to the company was $242,347,000 or $4.57 per diluted share against $163,312,000 or $3.02 per diluted share a year ago. For fiscal 2014, cash flow used in operations was $231 million. The company provided earnings guidance for the first quarter of fiscal year 2015. For the quarter, the company expects revenue to be in the range of $3.375 billion to $3.475 billion. Non-GAAP net income is expected to be in the range of $59.8 million to $61.8 million. Non-GAAP diluted earnings per share are expected to be in the range of $1.49 to $1.54. The non-GAAP diluted net income and non-GAAP EPS guidance exclude acquisition and integration-related expenses and after-tax cost of approximately $8.7 million or $0.22 per share related to amortization of intangibles. For fiscal 2015, the company anticipates the annual tax rate to be in the 35% to 36% range.

 

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Price/Earnings 16.4x
Price/Sales 0.2x
Price/Book 1.8x
Price/Cash Flow 16.6x
TEV/Sales 0.1x
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