Investors are on the edge of their collective seats, hoping that SYNNEX
What analysts say:
- Buy, sell, or hold?: Analysts strongly back SYNNEX, with four of six rating it a buy and the remainder rating it a hold. Analysts don't like SYNNEX as much as competitor Arrow Electronics overall. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $2.57 billion in revenue this quarter. That would represent a rise of 17.9% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.89 per share. Estimates range from $0.85 to $0.92.
What our community says:
CAPS All-Stars are solidly behind the stock with 93.8% awarding it an outperform rating. The community at large agrees with the All-Stars with 92.5% assigning it a rating of outperform. Fools have embraced SYNNEX, though the message boards have been quiet lately with only 33 posts in the past 30 days. SYNNEX has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.
SYNNEX's profit has risen year over year by an average of 17.5% over the past five quarters. Revenue has now gone up for three straight quarters.
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