TD Synnex (NYSE:SNX) 주식

TD SYNNEX CORP

TD Synnex

TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and data center infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include the Americas, Europe, and APJ.

Synnex

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PAYX

CNN 머니 공포·탐욕 지수는 전반적인 시장 심리에 일부 개선을 나타냈으며 지수는 화요일(24일)에 &#34;탐욕&#34; 영역에 있었다.미국 주식은 화요일에 상승세를 보였다. 다우 존스 지수는 세션 중 500포인트 이상 상승했다. 이는 도널드 트럼프 대통령과 벤자민 네타냐후 이스라엘 총리가 확인한 이스라엘과 이란 간의 휴전 합의에 따라 투자자 심리가 개선되었음을 반영했다. 

이란-이스라엘 휴전 이후 다우 500p 이상 상승: 투자 심리 개선, 공포 지수는 &#39;탐욕&#39; 영역으로

November,14,,2022,,Brazil.,In,This,Photo,Illustration,The,Td

화요일(24일) 아침 미국 지수 선물이 상승세를 보이는 가운데 오늘 투자자들의 관심을 끌 가능성이 있는 주식은 다음과 같다. TD 시넥스, KB홈, 카니발, 워딩턴 엔터프라이즈 및 페덱스

화요일 주목해야 할 주식: TD 시넥스, KB홈, 카니발, 워딩턴 엔터프라이즈 및 페덱스

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CNN 머니 공포·탐욕 지수는 전체 시장 심리에 거의 변화가 없음을 보여 주었고, 지수는 목요일(27일)에 &#34;공포&#34; 영역에 남아 있었다.미국 증시는 목요일 하락세를 보였다. 다우존스 지수는 세션 동안 150포인트 이상 하락하면서 투자자들이 최근의 관세 관련 뉴스를 소화했다. 수

트럼프의 자동차 관세에 다우 지수 150p 하락: 탐욕 지수는 &#39;공포&#39; 영역 유지

TD Synnex Corp

Synthetix - United States Dollar

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Morgan Stanley raised TD SYNNEX Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) price target from $145 to $155. Morgan Stanley analyst Erik Woodring maintained an Overweight rating. TD SYNNEX shares closed at $136.88 on Tuesday. <a href="https://www.benzinga.com/quote/SNX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup cut the price target for FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) from $267 to $259. Citigroup analyst Ariel Rosa maintained a Buy rating. FedEx shares closed at $229.51 on Tuesday. See how other analysts <a href="https://www.benzinga.com/quote/FDX/analyst-ratings">view this stock</a>.</li>
<li>Loop Capital raised NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) price target from $175 to $250. Loop Capital analyst Ananda Barush maintained a Buy rating. Nvidia shares closed at $147.90 on Tuesday. <a href="https://www.benzinga.com/quote/NVDA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan boosted the price target for Guidewire Software, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWRE#NYSE">GWRE</a>) from $271 to $288. JP Morgan analyst Alexei Gogolev maintained an Overweight rating. Guidewire Software shares closed at $237.45 on Tuesday. <a href="https://www.benzinga.com/quote/GWRE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>TD Cowen raised the price target for General Dynamics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) from $290 to $300. TD Cowen analyst Gautam Khanna maintained a Buy rating. General Dynamics shares closed at $281.05 on Tuesday. <a href="https://www.benzinga.com/quote/GD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>DA Davidson cut Duolingo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>) price target from $600 to $500. DA Davidson analyst Wyatt Swanson maintained a Buy rating. Duolingo shares settled at $422.79 on Tuesday. <a href="https://www.benzinga.com/quote/duol/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel raised Carnival Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) price target from $33 to $34. Stifel analyst Steven Wieczynski maintained a Buy rating. Carnival shares closed at $25.70 on Tuesday. <a href="https://www.benzinga.com/quote/ccl/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wedbush increased Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) price target from $515 to $600. Wedbush analyst Daniel Ives maintained an Outperform rating. Microsoft shares closed at $490.11 on Tuesday.  <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS cut the price target for Constellation Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) from $205 to $195. UBS analyst Peter Grom maintained a Buy rating. Constellation shares settled at $164.49 on Tuesday. <a href="https://www.benzinga.com/quote/STZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>RBC Capital increased Biogen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIIB#NASDAQ">BIIB</a>) price target from $205 to $213. RBC Capital analyst Brian Abrahams maintained an Outperform rating. Biogen shares closed at $126.31 on Tuesday. <a href="https://www.benzinga.com/quote/BIIB/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying NVDA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/NVDA/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="571" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25130709/image-388-1024x571.png" alt="" class="wp-image-961994" style="width:642px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25130709/image-388-1024x571.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25130709/image-388-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25130709/image-388-768x428.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25130709/image-388.png 1130w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Nvidia To Rally Around 69%? Here Are 10 Top Analyst Forecasts For Wednesday

Morgan Stanley analyst Erik Woodring maintains TD Synnex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) with a Overweight and raises the price target from $145 to $155.

Morgan Stanley Maintains Overweight on TD Synnex, Raises Price Target to $155

RBC Capital Markets analyst David Paige reiterated an Outperform rating on TD Synnex Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) and maintained a $145 price forecast, citing strong billings growth, solid free cash flow, and conservative guidance positioning the company for potential outperformance in the <a href="https://www.benzinga.com/quote/SNX/analyst-ratings">second half of fiscal 2025</a>.
Paige&#8217;s $145 price target is based on 10.5 times his calendar 2026 EPS estimate of $13.69, above TD Synnex&#8217;s five-year average of 9.7 times. This reflects confidence in a re-rating driven by margin improvement and a recovery in IT spending.
Paige noted that the company&#8217;s third-quarter and second-half fiscal 2025 guidance appears conservative. Estimates are above consensus due to strong PC demand, a rebound in networking, and growth in Hyve.
The company expects Q3 adjusted EPS of $2.75–$3.25, slightly below the consensus estimate of $2.96. Revenue guidance is $14.7B—$15.5B, and gross billings are $21B—$22B.
The company also reaffirmed its $1.1 billion free cash flow target for fiscal 2025, supporting its shareholder-friendly capital allocation strategy.
Related: <a href="https://www.benzinga.com/markets/earnings/25/06/46075307/td-synnex-q2-gross-billings-soar-double-digits" target="_blank" rel="noreferrer noopener">TD SYNNEX Q2 Gross Billings Soar Double Digits</a>
Despite some risks in July and August and potential weakness in Asia-Pacific, Paige sees upside potential for full-year earnings, projecting adjusted EPS of $12.10, above the company&#8217;s guidance of $11.50–$12.00.
Paige also highlighted Hyve&#8217;s momentum, supported by 19% growth, improved working capital and expanding capabilities. Networking&#8217;s return to growth is seen as a positive, with steady demand expected moving forward.
The analyst attributes double-digit growth to strong demand from SMBs, MSPs, and public sector customers, with no major risks expected from government efficiency initiatives.
The analyst flagged margin pressures, with gross margin down 21bps year over year to 4.8%, impacted by Hyve&#8217;s mix and unrealized losses. However, Hyve margins are expected to improve in the second half of fiscal 2025.
Price Action: At the last check on Wednesday, SNX shares were trading lower by 1.62% at $134.62.
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Image: Shutterstock

Analyst Color

$SNX

RBC Analyst Sees Growth Potential In TD Synnex Despite Short-Term Margin Pressures

Barrington Research analyst Vincent Colicchio maintains TD Synnex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) with a Outperform and maintains $156 price target.

Barrington Research Maintains Outperform on TD Synnex, Maintains $156 Price Target

U.S. futures were flat on Wednesday after a positive day of trading on Tuesday. Futures of major benchmark indices were slightly positive.
Investors hoped the ceasefire between Iran and Israel would hold and help calm geopolitical tensions. President Donald Trump declared Tuesday that a ceasefire between the two adversaries was back in effect, even as reports of renewed hostilities raised doubts about its durability.
&#8220;Israel is not going to attack Iran. All planes will turn around and head home, while doing a friendly ‘Plane Wave&#8217; to Iran,&#8221; Trump posted on Truth Social, adding, &#8220;<a href="https://www.benzinga.com/news/politics/25/06/46072859/trump-says-israel-is-not-going-to-attack-iran-after-ceasefire-violation-turn-around-and-head-home">the Ceasefire is in effect!</a>&#8220;
The 10-year Treasury bond yielded 4.29% and the two-year bond was at 3.79%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 79,3% likelihood of the Federal Reserve keeping the current interest rates unchanged in its July meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.01%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.06%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.10%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.11%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Tuesday. The SPY was up 0.069% at $607.20, while the QQQ advanced 0.14% to $540.51, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
Information technology, communication services, and financial stocks led the gains on Tuesday, propelling U.S. stocks higher, with the Dow Jones index climbing over 500 points.
However, energy stocks bucked the overall market trend, closing the session lower.
Separately, TD Synnex Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) reported better-than-expected earnings for the second quarter, and Nano Labs Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) shares surged 36% after announcing a $500 million convertible notes private placement for its BNB treasury strategy.
On the economic front, the U.S. current account deficit widened by 44.3% to $450.2 billion in the first quarter, exceeding market estimates, while the S&amp;P CoreLogic Case-Shiller Home Price Index saw a smaller 3.4% year-over-year increase in April.
The Dow Jones index ended 507 points or 1.19% higher at 43,089.02, whereas the S&amp;P 500 index rose 1.11% to 6,092.18. Nasdaq Composite advanced 1.43% to 19,912.53, and the small-cap gauge, Russell 2000, gained 1.34% to end at 2,161.21.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>1.43%</td>
<td>19,912.53</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>1.11%</td>
<td>6,092.18</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>1.19%</td>
<td>43,089.02</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.34%</td>
<td>2,161.21</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Jurrien Timmer of Fidelity Investments said in a series of X posts that the S&amp;P 500 index was rangebound as it flirts with the all-time high and is heavily dependent on the movement of the Magnificent 7 stocks.
&#8220;The correction this year held at the 2021 high, and so far the recovery has been bounded by the 2025 high. That seems like a reasonable range to me,&#8221; he said.
He also predicted that the 20% &#8216;V&#8217; shaped recovery in the index from April lows could turn &#8220;to an M from here.&#8221; He pointed out that &#8220;there are only a few historical analogs left in which the market continues to make new highs so soon after drawing down 20%.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The V-shaped recovery in April has brought the S&amp;P 500 index back to within 2% of its all-time highs, while the MSCI EAFE index is making consistent new highs. As the chart shows below, there are only a few historical analogs left in which the market continues to make new highs… <a href="https://t.co/Fu0E5Z4MQJ">pic.twitter.com/Fu0E5Z4MQJ</a>
&mdash; Jurrien Timmer (@TimmerFidelity) <a href="https://twitter.com/TimmerFidelity/status/1937511169318637675?ref_src=twsrc%5Etfw">June 24, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Talking about the market breadth, he highlighted that the market has narrowed again, with only half of the stocks in the S&amp;P 500 trading above their various moving averages.
Meanwhile, he said the Magnificent 7, which led the downside in March and April, has led the upside in May but remains below its all-time high set in December. &#8220;Given the degree of concentration of these companies, wherever the Mag 7 goes, so goes the index as a whole.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The Mag 7, which led the downside in March and April, has led the upside in May but remains below its all-time high set in December. Given the degree of concentration of these companies, wherever the Mag 7 goes, so goes the index as a whole. <a href="https://t.co/0tvvI9y4aZ">pic.twitter.com/0tvvI9y4aZ</a>
&mdash; Jurrien Timmer (@TimmerFidelity) <a href="https://twitter.com/TimmerFidelity/status/1937512081429004339?ref_src=twsrc%5Etfw">June 24, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Talking about the ongoing tensions in the Middle East, Ed Yardeni said, &#8220;Any day with a ceasefire in the Middle East is a good day for stocks.&#8221;
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Wednesday:
<ul class="wp-block-list">
<li>May&#8217;s new home sales will be released at 10:00 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>General Mills Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) was up 0.094% in premarket on Wednesday as analysts expect it to report quarterly earnings of 71 cents per share on revenue of $4.59 billion, before the opening bell.</li>
<li>Paychex Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>) advanced 0.27% as analysts expect it to report quarterly earnings of $1.19 per share on revenue of $1.42 billion, before the opening bell.</li>
<li>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) was 0.657% higher as analysts expect it to report quarterly earnings of $1.59 per share on revenue of $8.86 billion after the closing bell.</li>
<li>Winnebago Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) fell 0.13% as analysts expect it to report quarterly earnings of 79 cents per share on revenue of $774.81 million, before the opening bell.</li>
<li>AeroVironment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) rose 1.41% after upbeat results. It sees fiscal 2027 adjusted EPS in a range of $2.80 to $3, versus the $3.72 estimate, and revenue in a range of $1.9 billion to $2 billion, versus the $1.98 billion estimate.</li>
<li>Worthington Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) jumped 11.39% after reporting better-than-expected fourth-quarter financial results. The company reported quarterly earnings of $1.06 per share, which beat the analyst consensus estimate of 84 cents per share.</li>
<li>Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) gained 2.98% as it is set to release its month-to-date trading metrics for June this Thursday, according to an update on the company's investor relations website.</li>
<li>Quantumscape Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>) surged 30.25% after its Cobra separator process entered into baseline production.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 0.87% to hover around $64.93 per barrel.
Gold Spot US Dollar rose 0.03% to hover around $3,323.71 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was higher by 0.24% at the 98.0900 level.
Asian markets ended higher on Wednesday as Australia's ASX 200, Japan's Nikkei 225, China&#8217;s CSI 300, South Korea's Kospi, Hong Kong's Hang Seng, and India's S&amp;P BSE Sensex indices advanced. European markets were mixed in early trade.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/25/06/46068345/blackrock-bets-big-on-defense-companies-amid-escalating-geopolitical-tensions-palantir-lockheed-martin-northrop-grumman-among-stocks-in-focus">BlackRock Bets Big On Defense Companies Amid Escalating Geopolitical Tensions: Palantir, Lockheed Martin, Northrop Grumman Among Stocks In Focus</a></li>
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Photo courtesy: godongphoto / Shutterstock.com

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US Stocks Likely To Edge Higher As Iran-Israel Ceasefire Holds: Micron Technology, General Mills In Focus Ahead Of Earnings

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index was in the &#8220;Greed&#8221; zone on Tuesday.
U.S. stocks settled higher on Tuesday, with the Dow Jones index gaining more than 500 points during the session as investor sentiment improved following a ceasefire agreement between Israel and Iran, confirmed by both President Donald Trump and Israeli Prime Minister Benjamin Netanyahu.
TD Synnex Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) reported better-than-expected earnings for the second quarter on Tuesday. Nano Labs Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) shares jumped 36% on Tuesday after the company announced a $500 million convertible notes private placement for its BNB treasury strategy.
On the economic front, the U.S. current account deficit increased by 44.3% to $450.2 billion in the first quarter versus a revised deficit of $312 billion in the fourth quarter and compared to market estimates of a $443.3 billion gap. The S&amp;P CoreLogic Case-Shiller Home Price Index increased 3.4% year-over-year in April following a 4.1% gain in the previous month.
Most sectors on the S&amp;P 500 closed on a positive note, with information technology, communication services and financial stocks recording the biggest gains on Tuesday. However, energy stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 507 points to 43,089.02 on Tuesday. The S&amp;P 500 rose 1.11% to 6,092.18, while the Nasdaq Composite climbed 1.43% to 19,912.53 during Tuesday's session.
Investors are awaiting earnings results from General Mills, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>), Paychex, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>) and Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 56.3, the index remained in the &#8220;Greed&#8221; zone on Tuesday, versus a prior reading of 55.4.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Photo courtesy: Shutterstock

Dow Jumps Over 500 Points Following Iran-Israel Ceasefire: Investor Sentiment Improves, Fear Index In 'Greed' Zone

WIIM

TD Synnex shares are trading higher after the company reported better-than-expected Q2 EPS and sales.

In the current session, the stock is trading at $134.95, after a 5.76% spike. Over the past month, TD Synnex Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) stock increased by 8.06%, and in the past year, by 16.22%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2025/1750780820_0.png" alt="Past Year Chart" />

<h3>How Does TD Synnex P/E Compare to Other Companies?</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
TD Synnex has a lower P/E than the aggregate P/E of 35.63 of the Electronic Equipment, Instruments &amp; Components industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1750780820_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

A Look Into TD Synnex Inc's Price Over Earnings

TD SYNNEX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) shares traded higher on Tuesday after the company reported its <a href="https://www.benzinga.com/pressreleases/25/06/b46071535/td-synnex-reports-fiscal-2025-second-quarter-results" target="_blank" rel="noreferrer noopener">second-quarter 2025 results</a>.
Quarterly revenue rose 7.2% year over year (yoy) to $14.95 billion, topping the high end of the company's guidance and beating <a href="https://www.benzinga.com/earnings">analysts' estimate</a> of $14.32 billion.
On a constant currency basis, revenue rose 6.3%, led by growth in Endpoint and Advanced Solutions. A shift in product mix reduced reported revenue by about 5% year over year.
Also Read: <a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/06/46049718/top-wall-street-forecasters-revamp-td-synnex-expectations-ahead-of-q2-earnings" target="_blank" rel="noreferrer noopener">Top Wall Street Forecasters Revamp TD Synnex Expectations Ahead Of Q2 Earnings</a>
Americas revenue grew 5.3% to $9.0 billion; gross billings rose 9% to $13.3 billion. Operating income hit $253 million with a 2.8% margin.
Europe revenue rose 10.5% to $4.9 billion, with gross billings up 16.7% to $6.8 billion. Operating income reached $50 million with a 1.0% margin.
Asia-Pacific and Japan revenue grew 8.7% to $1.0 billion, with gross billings up 22% to $1.5 billion. Operating income was $25 million with a 2.4% margin.
Non-GAAP gross billings rose 12.1% yoy to $21.6 billion, exceeding the high end of the company's outlook. On a constant currency basis, gross billings increased 11.3%.
Gross profit reached $1.05 billion, up from $974 million, with gross margin steady at 7.0%, helped by a 31-basis-point lift from product mix.
Operating income was $328 million, compared to $264 million, while non-GAAP operating income totaled $414 million versus $388 million. The operating margin improved to 2.2% from 1.9%, while the non-GAAP operating margin remained at 2.8%.
The Fremont, California-based company reported an adjusted EPS of $2.99, topping the street view of $2.72.
Operating cash flow totaled $573 million, up from a $115 million outflow last year. Free cash flow reached $543 million, compared to a negative $153 million. Shareholder returns were $186 million, down from $288 million.
TD SYNNEX's Board of Directors declared a quarterly cash dividend of 44 cents per share, payable on July 25, 2025, to stockholders of record as of the close of business on July 11, 2025.
<h2 class="wp-block-heading">Outlook</h2>
TD SYNNEX expects third-quarter adjusted EPS of $2.75-$3.25, compared to the estimate of $2.96.
The company projects revenue of $14.7 billion to $15.5 billion versus the estimated $15.02 billion. Additionally, gross billings are projected to be between $21 billion and $22 billion.
Price Action: SNX shares were trading higher by 4.35% to $133.15 at last check Tuesday.
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Photo via Shutterstock

Guidance

Movers

TD SYNNEX Q2 Gross Billings Soar Double Digits

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining over 1% on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.62% to 42,846.32 while the NASDAQ gained 1.03% to 19,832.45. The S&amp;P 500 also rose, gaining, 0.68% to 6,066.06.
Check This Out: <a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/06/46067537/blackberry-gears-up-for-q1-print-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate-analysts">BlackBerry Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a>
Leading and Lagging Sectors Information technology shares jumped by 1.2% on Tuesday.
In trading on Tuesday, energy stocks fell by 1.4%.
Top Headline
TD Synnex Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) reported better-than-expected earnings for the second quarter on Tuesday.
The company posted quarterly earnings of $2.99 per share which beat the analyst consensus estimate of $2.72 per share. The company reported quarterly sales of $14.95 billion which beat the analyst consensus estimate of $14.32 billion.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul class="wp-block-list">
<li>Nano Labs Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) shares shot up 155% to $27.83 after the company announced a $500 million convertible notes private placement for its BNB treasury strategy.</li>
<li>Shares of Nektar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTR#NASDAQ">NKTR</a>) got a boost, surging 95% to $18.65. The company released statistically significant data from the 16-week induction period of the ongoing Phase 2b REZOLVE-AD study of investigational rezpegaldesleukin.</li>
<li>OneMedNet Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONMD#NASDAQ">ONMD</a>) shares were also up, gaining 81% to $0.6162 after the company entered into private placement agreements with accredited investors raising approximately $3.7 million in gross proceeds.</li>
</ul>
Equities Trading DOWN
<ul class="wp-block-list">
<li>Upexi, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPXI#NASDAQ">UPXI</a>) shares dropped 59% to $4.0750.</li>
<li>Shares of Maase Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAAS#NASDAQ">MAAS</a>) were down 47% to $5.22.</li>
<li>Houston American Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUSA#NYSE">HUSA</a>) was down, falling 37% to $11.65 as the company announced a $1.2 million registered direct offering.</li>
</ul>
Commodities In commodity news, oil traded down 4% to $65.82 while gold traded down 2.2% at $3,320.70.
Silver traded down 1.5% to $35.630 on Tuesday, while copper rose 0.9% to $4.8940.
Euro zone
European shares were higher today. The eurozone's STOXX 600 rose 1.2%, while Spain's IBEX 35 Index surged 1.6%. London's FTSE 100 gained 0.4%, Germany's DAX 40 gained 1.8% and France's CAC 40 rose 1.3% during the session.
Asia Pacific Markets
Asian markets closed higher on Tuesday, with Japan's Nikkei gaining 1.14%, Hong Kong's Hang Seng Index gaining 2.06%, China's Shanghai Composite rising 1.15% and India's BSE Sensex rising 0.19%.
Economics
<ul class="wp-block-list">
<li>The U.S. current account deficit increased by 44.3% to $450.2 billion in the first quarter versus a revised deficit of $312 billion in the fourth quarter and compared to market estimates of a $443.3 billion gap.</li>
<li>The S&amp;P CoreLogic Case-Shiller Home Price Index increased 3.4% year-over-year in April following a 4.1% gain in the previous month.</li>
<li>The FHFA house price index fell by 0.4% from the previous month in April.</li>
</ul>
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</ul>
Photo via Shutterstock

Eurozone

Commodities

HUSA

Highest Performances Holdings Inc. - American Depository Shares

MAAS

NKTR

ONMD

UPXI

Nasdaq Surges 1%; TD Synnex Posts Upbeat Earnings

CORRECTION: TD SYNNEX Q2 Non-GAAP Gross Billings Rose 12.1% To $21.6B, Topping Guidance; Up 11.3% In Constant Currency

Fiscal 2025 Third Quarter Outlook
The following statements are based on TD SYNNEX's current expectations for the fiscal 2025 third quarter. These statements are forward-looking and actual results may differ materially. Non-GAAP gross billings(1) include the impact of costs incurred and netted against revenue related to sales of third-party supplier service contracts, software as a service arrangements and certain fulfillment contracts, and the remaining non-GAAP financial measures exclude the impact of acquisition, integration and restructuring costs, amortization of intangible assets, share-based compensation, and the related tax effects thereon.
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Q3 2025 Outlook</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Revenue</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$14.7 - $15.5 billion</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Non-GAAP gross billings(1)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$21.0 - $22.0 billion</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net income</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$159 - $200 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Non-GAAP net income(1)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$227 - $268 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Diluted earnings per share</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$1.93 - $2.43</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Non-GAAP diluted earnings per share(1)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$2.75 - $3.25</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Estimated outstanding diluted weighted average shares</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">81.8 million</td>
</tr>
</tbody>
</table>
</figure>

TD Synnex Sees Q3 Adj EPS $2.75-$3.25 Vs $2.96 Est; GAAP EPS $1.93-$2.43 Vs $2.19 Est.; And Expects Sales Of $14B-$15.50B Vs $15.02B Est.

TD Synnex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) reported quarterly earnings of $2.99 per share which beat the analyst consensus estimate of $2.72 by 10.05 percent. This is a 9.52 percent increase over earnings of $2.73 per share from the same period last year. The company reported quarterly sales of $14.95 billion which beat the analyst consensus estimate of $14.32 billion by 4.41 percent. This is a 7.16 percent increase over sales of $13.95 billion the same period last year.

Earnings Beats

TD Synnex Q2 Adj. EPS $2.99 Beats $2.72 Estimate, Sales $14.95B Beat $14.32B Estimate

U.S. futures were trading higher on Tuesday after a positive day of trading on Monday. Futures of major benchmark indices were trading higher.
President Donald Trump announced a &#8220;<a href="https://www.benzinga.com/news/25/06/46066239/dow-futures-jump-over-200-points-as-trump-announces-ceasefire-but-iran-says-no-agreement-crude-plunges">ceasefire</a>&#8221; in a Truth Social post, saying that "THE 12 DAY WAR" will be considered "ended." 
Despite this, the Foreign Minister of Iran, Syed Abbas Araghchi, refuted claims of a ceasefire, saying that there was "no agreement" for cessation of military operations, in a post on X.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As Iran has repeatedly made clear: Israel launched war on Iran, not the other way around. As of now, there is NO &quot;agreement&quot; on any ceasefire or cessation of military operations. However, provided that the Israeli regime stops its illegal aggression against the Iranian people no…
&mdash; Seyed Abbas Araghchi (@araghchi) <a href="https://twitter.com/araghchi/status/1937311435882922420?ref_src=twsrc%5Etfw">June 24, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The 10-year Treasury bond yielded 4.35% and the two-year bond was at 3.84%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 77.3% likelihood of the Federal Reserve keeping the current interest rates unchanged in its July meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.69%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.79%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>1.02%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.18%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Tuesday. The SPY was up 0.83% at $605.11, while the QQQ advanced 1.11% to $537.56, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
On Monday, U.S. stocks saw gains across most S&amp;P 500 sectors, with consumer discretionary, consumer staples, and real estate stocks leading the charge, though energy stocks diverged, ending the session in the red.
Economically, the S&amp;P Global US services PMI dropped to 53.1 in June from 53.7 the prior month, falling short of market expectations of 52.9. Meanwhile, the S&amp;P Global US manufacturing PMI held steady at 52 in June, matching the previous month's figure.
Shares of FactSet Research Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) rose approximately 3.5% on Monday after the company released its third-quarter results.
The Dow Jones index ended 375 points or 0.89% higher at 42,581.78, whereas the S&amp;P 500 index rose 0.96% to 6,025.17. Nasdaq Composite advanced 0.94% to 19,630.98, and the small-cap gauge, Russell 2000, gained 1.11% to end at 2,132.68.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.94%</td>
<td>19,630.98</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.96%</td>
<td>6,025.17</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.89%</td>
<td>42,581.78</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.11%</td>
<td>2,132.68</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Senior economist Jeremy Siegel expressed his opinions on the ongoing tensions as Trump announced a ceasefire.
&#8220;Geopolitics is a wildcard, but the U.S. is far less exposed than it was in the 1970s. Even a brief closure of the Strait of Hormuz would not derail domestic growth—shale capacity and strategic reserves mute the blow,&#8221; he said.
&#8220;I maintain that investors should stay overweight equities versus bonds,&#8221; he added, sayin that &#8220;don't just chase the AI enablers at high multiples to earnings; real margin expansion could very well accrue to users of AI—banks, industrial, consumer-staples, mid-cap firms that are learning where they can cut costs, increase output and improve margins.&#8221;
In its most recent note, BlackRock spotlighted the <a href="https://www.benzinga.com/markets/equities/25/06/46068345/blackrock-bets-big-on-defense-companies-amid-escalating-geopolitical-tensions-palantir-lockheed-">defense sector as a top investment prospect</a>, fueled by escalating geopolitical fragmentation and a worldwide focus on national security.
As per BlackRock, the U.S. distinguishes itself through its extensive defense spending, which, according to SIPRI data, "spends more than double on defense than Europe."
Moreover, the U.S. hosts the world's most advanced defense and defense technology companies, acting as a vital provider of critical systems like air and missile defense for numerous countries.
Within the defense sector, BlackRock identifies substantial opportunities in defense tech. This expansive field includes not just artificial intelligence (AI) and software firms but also crucial IT services and hardware, such as semiconductors, that drive cutting-edge defense capabilities.
BlackRock observes that "growing geopolitical fragmentation and strategic competition in AI are reinforcing the global focus on national security and resilience – creating opportunities in defense." This highlights a targeted investment strategy in defense, where technological leadership and strong national security frameworks are increasingly critical.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Tuesday:
<ul class="wp-block-list">
<li>April&#8217;s S&amp;P Case-Shiller home price index for 20 cities will be released by 9:00 a.m., and Cleveland Fed President Beth Hammack will speak at 9:15 a.m. ET.</li>
<li>June consumer confidence data will be out by 10:00 a.m., and the Fed Chairman Jerome Powell will testify to the House Financial Services Committee at 10:00 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>TD Synnex Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) was up 0.58% in premarket on Tuesday as analysts expect it to report quarterly earnings of $2.72 per share on revenue of $14.32 billion, before the opening bell.</li>
<li>Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) rose 2.04% as analysts expect it to report quarterly earnings of 24 cents per share on revenue of $6.21 billion, before the opening bell.</li>
<li>Worthington Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) advanced 3.55% as analysts expect it to report quarterly earnings of 84 cents per share on revenue of $301.44 million, before the opening bell.</li>
<li>FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) was 0.47% higher as analysts expect it to report quarterly earnings of $5.87 per share on revenue of $21.84 billion after the closing bell.</li>
<li>KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) was down 0.43% as it revised full-year 2025 housing revenue to be in the range of $6.3 billion to $6.5 billion, down from prior guidance of $6.6 billion to $7 billion.</li>
<li>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) dropped 1.31% as it commenced an underwritten public offering of $1 billion of its Class A common stock by a selling stockholder. It plans to concurrently repurchase $100 million of its common stock from the selling stockholder.</li>
<li>BlackBerry Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) jumped 1.62% as analysts expect it to report quarterly earnings of $0 per share on revenue of $112.19 million after the closing bell.</li>
<li>Ibio Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#NASDAQ">IBIO</a>) surged 44.58% after it announced a conference call scheduled for June 24 to discuss its obesity and cardiometabolic disease pipeline.</li>
<li>Nektar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTR#NASDAQ">NKTR</a>) zoomed 31.66% ahead of its investor call, where it plans to present top-line data from the 16-week induction period of its Phase 2b REZOLVE-AD clinical trial.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 3.40% to hover around $66.18 per barrel.
Gold Spot US Dollar fell 1.29% to hover around $3,325.68 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.30% at the 98.1240 level.
Asian markets ended higher on Tuesday as Australia's ASX 200, Japan's Nikkei 225, China&#8217;s CSI 300, South Korea's Kospi, Hong Kong's Hang Seng, and India's S&amp;P BSE Sensex indices advanced. European markets were also higher in early trade.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/46068345/blackrock-bets-big-on-defense-companies-amid-escalating-geopolitical-tensions-palantir-lockheed-">BlackRock Bets Big On Defense Companies Amid Escalating Geopolitical Tensions: Palantir, Lockheed Martin, Northrop Grumman Among Stocks In Focus</a></li>
</ul>
Photo courtesy: Shutterstock

CHWY

IBIO

US Stocks Likely To Open Higher After Trump Announces Iran-Israel Ceasefire: FedEx, TD Synnex In Focus Ahead Of Earnings

<h3>Companies Reporting Before The Bell</h3>
• TH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THCH#NASDAQ">THCH</a>) is projected to report earnings for its first quarter. 
• TD Synnex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) is expected to report quarterly earnings at $3.03 per share on revenue of $14.76 billion. 
<h3>Companies Reporting After The Bell</h3>
• Anterix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATEX#NASDAQ">ATEX</a>) is expected to report earnings for its fourth quarter. 
• AeroVironment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) is likely to report quarterly earnings at $1.41 per share on revenue of $242.69 million. 
• Worthington Enterprises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) is projected to report quarterly earnings at $0.84 per share on revenue of $301.44 million. 
• FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) is expected to report quarterly earnings at $5.89 per share on revenue of $21.82 billion. 
• BlackBerry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) is projected to report quarterly earnings at $0.00 per share on revenue of $112.18 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ATEX

THCH

Earnings Scheduled For June 24, 2025

The CNN Money Fear and Greed index showed a slight improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Monday.
U.S. stocks settled higher on Monday, with the Dow Jones index gaining more than 350 points during the session. Stocks recorded slight gains last week as the S&amp;P 500 fell around 0.2%, and the 30-stock Dow gained 0.02%.
Investors looked past a sharp escalation in the Middle East, where Iran fired missiles at U.S. military bases in Qatar and Iraq, just 48 hours after American strikes targeted Iranian nuclear facilities.
According to Axios, citing Israeli officials, Iran launched six ballistic missiles at Al Udeid Air Base in Qatar, the largest U.S. military presence in the Middle East. Another missile was reportedly fired at a U.S. base in Iraq.
On the economic front, the S&amp;P Global US services PMI fell to 53.1 in June versus 53.7 in the previous month, and compared to market expectations of 52.9. The S&amp;P Global US manufacturing PMI came in unchanged from the previous month at 52 in June.
Shares of FactSet Research Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) gained around 3.5% on Monday after the company posted results for the third quarter.
Most sectors on the S&amp;P 500 closed on a positive note, with consumer discretionary, consumer staples and real estate stocks recording the biggest gains on Monday. However, energy stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 375 points to 42,581.78 on Monday. The S&amp;P 500 rose 0.96% to 6,025.17, while the Nasdaq Composite climbed 0.94% at 19,630.97 during Monday's session.
Investors are awaiting earnings results from TD SYNNEX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>), Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) and FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 56.4, the index remained in the &#8220;Greed&#8221; zone on Monday, versus a prior reading of 56.3.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Photo courtesy: Shutterstock

Dow Jumps Over 350 Points As Iran Strikes On US Military Bases Result In No Casualty: Fear Index Remains In 'Greed' Zone

With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul class="wp-block-list">
<li>Wall Street expects TD SYNNEX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) to report quarterly earnings at $2.72 per share on revenue of $14.32 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. TD SYNNEX shares gained 0.9% to $128.70 in after-hours trading.</li>
<li>Analysts are expecting Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) to post earnings at 24 cents per share on revenue of $6.21 billion for the latest quarter. The company will release earnings before the markets open. Carnival shares rose 1.5% to $24.40 in the after-hours trading session.</li>
<li>KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) posted better-than-expected earnings for the second quarter after the closing bell on Monday. KB Home expects full-year 2025 housing revenue to be in the range of $6.3 billion to $6.5 billion, down from prior guidance of $6.6 billion to $7 billion. The company anticipates 2025 average selling prices of $480,000 to $490,000. KB Home shares fell 1.3% to $52.61 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul class="wp-block-list">
<li>Before the markets open, Worthington Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) is projected to post quarterly earnings at 84 cents per share on revenue of $301.44 million. Worthington shares gained 3.6% to $61.30 in the after-hours trading session.</li>
<li>Analysts expect FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) to post quarterly earnings at $5.87 per share on revenue of $21.84 billion after the closing bell. FedEx shares rose 0.3% to $229.88 in the after-hours trading session.</li>
</ul>
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TD Synnex, KB Home And 3 Stocks To Watch Heading Into Tuesday

TD Synnex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) will release its quarterly earnings report on Tuesday, 2025-06-24. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate TD Synnex to report an earnings per share (EPS) of $3.03.
The market awaits TD Synnex's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Past Earnings Performance</h3>
The company's EPS missed by $0.11 in the last quarter, leading to a 2.72% drop in the share price on the following day.
Here's a look at TD Synnex's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.91</td>
<td>3.05</td>
<td>2.80</td>
<td>2.82</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.80</td>
<td>3.09</td>
<td>2.86</td>
<td>2.73</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.0%</td>
<td>10.0%</td>
<td>1.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1750687245_0.png" alt="eps graph" />
<h3>Market Performance of TD Synnex's Stock</h3>
Shares of TD Synnex were trading at $124.39 as of June 20. Over the last 52-week period, shares are up 6.19%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analysts' Take on TD Synnex</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on TD Synnex.
The consensus rating for TD Synnex is Outperform, derived from 11 analyst ratings. An average one-year price target of $139.55 implies a potential 12.19% upside.
<h3>Analyzing Ratings Among Peers</h3>
The below comparison of the analyst ratings and average 1-year price targets of Arrow Electronics, Ingram Micro Holding and Avnet, three prominent players in the industry, gives insights for their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Underperform trajectory for Arrow Electronics, with an average 1-year price target of $110.0, suggesting a potential 11.57% downside.</li>
<li>Analysts currently favor an Neutral trajectory for Ingram Micro Holding, with an average 1-year price target of $22.5, suggesting a potential 81.91% downside.</li>
<li>Analysts currently favor an Neutral trajectory for Avnet, with an average 1-year price target of $46.5, suggesting a potential 62.62% downside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
The peer analysis summary outlines pivotal metrics for Arrow Electronics, Ingram Micro Holding and Avnet, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>TD Synnex</td>
<td>Outperform</td>
<td>3.98%</td>
<td>$998.01M</td>
<td>2.06%</td>
</tr>
<tr>
<td>Arrow Electronics</td>
<td>Underperform</td>
<td>-1.59%</td>
<td>$773.99M</td>
<td>1.36%</td>
</tr>
<tr>
<td>Ingram Micro Holding</td>
<td>Neutral</td>
<td>8.35%</td>
<td>$828.76M</td>
<td>1.82%</td>
</tr>
<tr>
<td>Avnet</td>
<td>Neutral</td>
<td>-5.98%</td>
<td>$587.85M</td>
<td>1.81%</td>
</tr>
</tbody>
</table>

Key Takeaway:
TD Synnex is positioned favorably compared to its peers in terms of revenue growth, with the highest percentage increase. It also leads in gross profit, indicating strong operational efficiency. However, its return on equity is lower than some peers, suggesting potential for improvement in utilizing shareholder equity. Overall, TD Synnex stands out positively among its peers in key financial metrics.
<h3>Unveiling the Story Behind TD Synnex</h3>
TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and data center infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include the Americas, Europe, and APJ.
<h3>TD Synnex: Financial Performance Dissected</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: TD Synnex's revenue growth over a period of 3 months has been noteworthy. As of 28 February, 2025, the company achieved a revenue growth rate of approximately 3.98%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: TD Synnex's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 1.14%, the company may face hurdles in effective cost management.
Return on Equity (ROE): TD Synnex's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.06%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): TD Synnex's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.56%, the company may face hurdles in achieving optimal financial returns.
Debt Management: TD Synnex's debt-to-equity ratio is below the industry average at 0.54, reflecting a lower dependency on debt financing and a more conservative financial approach.
<a href="https://www.benzinga.com/quote/SNX/earnings">To track all earnings releases for TD Synnex visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Exploring TD Synnex's Earnings Expectations

TD SYNNEX Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) will release earnings results for the second quarter, before the <a href="https://www.benzinga.com/quote/SNX/earnings">opening bell on Tuesday, June 24.</a>
Analysts expect the Fremont, California-based company to report quarterly earnings at $2.75 per share, up from $2.73 per share in the year-ago period. TD SYNNEX projects to report quarterly revenue of $14.32 billion, compared to $13.95 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On June 2, TD SYNNEX appointed Kenneth Lamneck as Chair of Nominating and Corporate Governance Committee.
TD SYNNEX shares fell 0.2% to close at $124.39 on Friday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/SNX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Morgan Stanley analyst Erik Woodring initiated coverage on the stock with an Overweight rating and a price target of $145 on June 11, 2025. This analyst has an accuracy rate of 60%.</li>
<li>Barrington Research analyst Vincent Colicchio maintained an Outperform rating with a price target of $156 on April 11, 2025. This analyst has an accuracy rate of 62%.</li>
<li>JP Morgan analyst Joseph Cardoso maintained a Neutral rating and cut the price target from $125 to $120 on April 11, 2025. This analyst has an accuracy rate of 63%.</li>
<li>RBC Capital analyst Ashish Sabadra maintained an Outperform rating and slashed the price target from $165 to $145 on April 11, 2025. This analyst has an accuracy rate of 74%.</li>
<li>Barclays analyst Tim Long maintained an Equal-Weight rating and cut the price target from $148 to $125 on March 28, 2025. This analyst has an accuracy rate of 75%</li>
</ul>
Considering buying SNX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/snx/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="594" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23021527/image-321-1024x594.png" alt="" class="wp-image-957514" style="width:624px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23021527/image-321-1024x594.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23021527/image-321-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23021527/image-321-768x445.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23021527/image-321.png 1107w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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