Financial Contrast: Dragonfly Energy (NASDAQ:DFLI) & TD SYNNEX (NYSE:SNX)

TD SYNNEX (NYSE:SNXGet Free Report) and Dragonfly Energy (NASDAQ:DFLIGet Free Report) are both computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, valuation, dividends, profitability, analyst recommendations, institutional ownership and risk.

Valuation and Earnings

This table compares TD SYNNEX and Dragonfly Energy”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
TD SYNNEX $60.97 billion 0.20 $689.09 million $9.22 16.61
Dragonfly Energy $50.65 million 1.86 -$40.62 million ($3.89) -0.29

TD SYNNEX has higher revenue and earnings than Dragonfly Energy. Dragonfly Energy is trading at a lower price-to-earnings ratio than TD SYNNEX, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

84.0% of TD SYNNEX shares are held by institutional investors. Comparatively, 8.2% of Dragonfly Energy shares are held by institutional investors. 1.0% of TD SYNNEX shares are held by insiders. Comparatively, 3.1% of Dragonfly Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and price targets for TD SYNNEX and Dragonfly Energy, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TD SYNNEX 0 2 9 1 2.92
Dragonfly Energy 1 1 1 1 2.50

TD SYNNEX currently has a consensus target price of $169.55, suggesting a potential upside of 10.69%. Dragonfly Energy has a consensus target price of $1.50, suggesting a potential upside of 35.14%. Given Dragonfly Energy’s higher possible upside, analysts plainly believe Dragonfly Energy is more favorable than TD SYNNEX.

Profitability

This table compares TD SYNNEX and Dragonfly Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
TD SYNNEX 1.27% 12.13% 3.29%
Dragonfly Energy -55.84% N/A -46.49%

Risk & Volatility

TD SYNNEX has a beta of 1.43, meaning that its stock price is 43% more volatile than the S&P 500. Comparatively, Dragonfly Energy has a beta of -0.23, meaning that its stock price is 123% less volatile than the S&P 500.

Summary

TD SYNNEX beats Dragonfly Energy on 11 of the 14 factors compared between the two stocks.

About TD SYNNEX

(Get Free Report)

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfillment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was founded in 1974 and is headquartered in Fremont, California.

About Dragonfly Energy

(Get Free Report)

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others. It also offers battery management systems for monitoring and controlling of battery systems and to protect battery cells from damage in various scenarios. The company provides its products under the Dragonfly Energy, Battle Born, and Wakespeed brand names. Dragonfly Energy Holdings Corp. is headquartered in Reno, Nevada.

Receive News & Ratings for TD SYNNEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TD SYNNEX and related companies with MarketBeat.com's FREE daily email newsletter.