SNX vs. ARW, NSIT, AGYS, CNXN, SCSC, RELL, PLUS, CLMB, TEL, and SNOW
Should you be buying TD SYNNEX stock or one of its competitors? The main competitors of TD SYNNEX include Arrow Electronics (ARW), Insight Enterprises (NSIT), Agilysys (AGYS), PC Connection (CNXN), ScanSource (SCSC), Richardson Electronics (RELL), ePlus (PLUS), Climb Global Solutions (CLMB), TE Connectivity (TEL), and Snowflake (SNOW).
TD SYNNEX (NYSE:SNX) and Arrow Electronics (NYSE:ARW) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their community ranking, valuation, earnings, analyst recommendations, institutional ownership, dividends, profitability, media sentiment and risk.
In the previous week, Arrow Electronics had 6 more articles in the media than TD SYNNEX. MarketBeat recorded 14 mentions for Arrow Electronics and 8 mentions for TD SYNNEX. TD SYNNEX's average media sentiment score of 0.82 beat Arrow Electronics' score of 0.46 indicating that TD SYNNEX is being referred to more favorably in the media.
Arrow Electronics has a net margin of 2.28% compared to TD SYNNEX's net margin of 1.12%. Arrow Electronics' return on equity of 14.61% beat TD SYNNEX's return on equity.
TD SYNNEX received 159 more outperform votes than Arrow Electronics when rated by MarketBeat users. However, 68.70% of users gave Arrow Electronics an outperform vote while only 61.99% of users gave TD SYNNEX an outperform vote.
Arrow Electronics has lower revenue, but higher earnings than TD SYNNEX. Arrow Electronics is trading at a lower price-to-earnings ratio than TD SYNNEX, indicating that it is currently the more affordable of the two stocks.
TD SYNNEX presently has a consensus price target of $121.82, suggesting a potential downside of 6.90%. Arrow Electronics has a consensus price target of $134.67, suggesting a potential upside of 2.56%. Given Arrow Electronics' higher possible upside, analysts clearly believe Arrow Electronics is more favorable than TD SYNNEX.
84.0% of TD SYNNEX shares are owned by institutional investors. Comparatively, 99.3% of Arrow Electronics shares are owned by institutional investors. 1.9% of TD SYNNEX shares are owned by insiders. Comparatively, 1.0% of Arrow Electronics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
TD SYNNEX has a beta of 1.59, suggesting that its stock price is 59% more volatile than the S&P 500. Comparatively, Arrow Electronics has a beta of 1.39, suggesting that its stock price is 39% more volatile than the S&P 500.
Summary
Arrow Electronics beats TD SYNNEX on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SNX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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