On Friday, Synnex Corp. announced it was splitting into two separate corporations. The information tech services company also released its latest earnings results that topped analysts’ expectations.
The two publicly listed companies that Synnex is separating into will be called Synnex Technology Solutions and Concentrix respectively.
Synnex Technology Solutions will focus on information technology distribution, and will generate annual revenue of around $19 billion, as indicated by Synnex. It will remain one of the top three IT distributors in the Americas and Japan, according to Synnex.
The other entity, Concentrix, will concentrate on customer experience in eight industries, including technology, financial services and media, and serve more than 125 of the Global Fortune 200 companies. The business generates annual revenue of about $4.7 billion, according to Synnex.
After the separation, Synnex shareholders will own shares of both Synnex Technology and Concentrix.
For the fiscal fourth quarter, Synnex’s adjusted earnings came in at $4.26 a share, exceeding analysts’ expectation of $3.61 a share. Revenue rose +19% year-over-year to $6.58 billion in the quarter, compared to analysts’ estimate of $5.99 billion.
The 10-day RSI Oscillator for SNX moved out of overbought territory on May 12, 2026. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 instances where the indicator moved out of the overbought zone. In of the 30 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where SNX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for SNX turned negative on May 01, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SNX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SNX advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 253 cases where SNX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 56, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SNX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.108) is normal, around the industry mean (4.148). P/E Ratio (19.175) is within average values for comparable stocks, (20.363). Projected Growth (PEG Ratio) (1.405) is also within normal values, averaging (1.157). Dividend Yield (0.008) settles around the average of (0.017) among similar stocks. P/S Ratio (0.288) is also within normal values, averaging (0.725).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a developer of computer systems and complementary products
Industry ElectronicsApplianceStores