Neonode (NASDAQ:NEON – Get Free Report) and TD SYNNEX (NYSE:SNX – Get Free Report) are both technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, risk, valuation, institutional ownership, profitability and dividends.
Analyst Recommendations
This is a summary of recent ratings for Neonode and TD SYNNEX, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Neonode | 1 | 0 | 0 | 0 | 1.00 |
| TD SYNNEX | 0 | 1 | 7 | 1 | 3.00 |
TD SYNNEX has a consensus price target of $331.14, indicating a potential upside of 21.04%. Given TD SYNNEX’s stronger consensus rating and higher probable upside, analysts clearly believe TD SYNNEX is more favorable than Neonode.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Neonode | 397.84% | -32.35% | -28.42% |
| TD SYNNEX | 1.75% | 16.78% | 3.98% |
Valuation & Earnings
This table compares Neonode and TD SYNNEX”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Neonode | $2.06 million | 6.83 | $8.49 million | ($0.33) | -2.54 |
| TD SYNNEX | $62.51 billion | 0.35 | $827.66 million | $16.41 | 16.67 |
TD SYNNEX has higher revenue and earnings than Neonode. Neonode is trading at a lower price-to-earnings ratio than TD SYNNEX, indicating that it is currently the more affordable of the two stocks.
Risk and Volatility
Neonode has a beta of 1.65, meaning that its stock price is 65% more volatile than the S&P 500. Comparatively, TD SYNNEX has a beta of 1.37, meaning that its stock price is 37% more volatile than the S&P 500.
Insider & Institutional Ownership
11.6% of Neonode shares are owned by institutional investors. Comparatively, 84.0% of TD SYNNEX shares are owned by institutional investors. 21.9% of Neonode shares are owned by company insiders. Comparatively, 0.7% of TD SYNNEX shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Summary
TD SYNNEX beats Neonode on 11 of the 15 factors compared between the two stocks.
About Neonode
Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, Germany, Switzerland, France, Sweden, China, and internationally. It also offers software solutions for machine perception to detect and track persons and objects in video streams from cameras and other types of imagers. In addition, the company sells touch sensor modules to OEMs, original design manufacturers, and systems integrators. Further, it licenses its zForce technology to original equipment manufacturers and automotive Tier 1 suppliers, as well as provides non-recurring engineering services related to application development. It serves office equipment, automotive, industrial automation, medical, military, and avionics markets. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden.
About TD SYNNEX
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.
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