NASDAQ:SYNA

Synaptics (SYNA) Stock Price, News & Analysis

$89.57
+1.19 (+1.35%)
(As of 05/14/2024 ET)
Today's Range
$88.73
$91.45
50-Day Range
$79.80
$107.99
52-Week Range
$73.38
$121.37
Volume
280,139 shs
Average Volume
293,518 shs
Market Capitalization
$3.54 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$117.67

Synaptics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
31.4% Upside
$117.67 Price Target
Short Interest
Bearish
5.87% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of Synaptics in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$382,392 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.48) to $1.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.22 out of 5 stars

Computer And Technology Sector

1222nd out of 1,797 stocks

Semiconductors & Related Devices Industry

190th out of 267 stocks

SYNA stock logo

About Synaptics Stock (NASDAQ:SYNA)

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions. It also provides Natural ID, a fingerprint ID product that is used in notebook personal computers (PCs), PC peripherals, automobiles, and other applications; TouchPad, a touch-sensitive pad that senses the position and movement of one or more fingers on its surface; SecurePad that integrates fingerprint sensor directly into the TouchPad area; ClickPad that offers a clickable mechanical design; and ForcePad. In addition, the company offers ClearPad, which enables users to interact directly with the display on mobile smartphones, tablets, and automobiles; ClearView products that provide advanced image processing and low power technology for displays on smartphones and tablets; and TouchView products, a touch controller and display driver integration product. Further, it provides TouchPad with a pointing stick in a single notebook computer enabling users to select their interface of choice; TouchStyk, a self-contained pointing stick module; ultra-low power edge artificial intelligence platform for battery powered wireless devices; wireless connectivity solutions comprising Wi-Fi, Bluetooth, global positioning system, global navigation satellite system, and ULE; and voice over IP and digital enhanced cordless telecommunications solutions. The company sells its products through direct sales, outside sales representatives, distributors, and resellers to mobile and PC OEMs; IoT OEMs; and automotive and consumer electronics manufacturers. The company was incorporated in 1986 and is headquartered in San Jose, California.

SYNA Stock Price History

SYNA Stock News Headlines

Synaptics Appoints Ken Rizvi as Chief Financial Officer
TD Cowen Trims Synaptics (NASDAQ:SYNA) Target Price to $115.00
Synaptics (NASDAQ:SYNA) PT Lowered to $115.00
Synaptics (NASDAQ:SYNA) Shares Gap Down Following Analyst Downgrade
Oppenheimer Keeps Their Hold Rating on Synaptics (SYNA)
The Internet Of Things Market Grows Up
Here's what Wall Street expects from Synaptics's earnings report
Craig-Hallum Reaffirms Their Hold Rating on Synaptics (SYNA)
Synaptics: Looks To Be Heading Lower
See More Headlines
Receive SYNA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Synaptics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/09/2024
Today
5/14/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
8/01/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:SYNA
CUSIP
87157D10
Employees
1,891
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$117.67
High Stock Price Target
$135.00
Low Stock Price Target
$95.00
Potential Upside/Downside
+31.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$73.60 million
Pretax Margin
-14.07%

Debt

Sales & Book Value

Annual Sales
$939.30 million
Cash Flow
$9.84 per share
Book Value
$31.46 per share

Miscellaneous

Free Float
39,024,000
Market Cap
$3.54 billion
Optionable
Optionable
Beta
1.59

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Michael E. HurlstonMr. Michael E. Hurlston (Age 57)
    President, CEO & Director
    Comp: $1.24M
  • Mr. Divyesh Shah
    Senior Vice President of Operations
  • Esther Song
    CP, Corporate Controller & Principal Accounting Officer
  • Mr. Michael Brooker
    Senior VP & Chief Information Officer
  • Munjal Shah
    Investor Relations Officer
  • Ms. Lisa M. Bodensteiner (Age 62)
    Senior VP, Chief Legal Officer and Secretary
  • Mr. Todd Lepinski
    Senior Vice President of Worldwide Sales
  • Ms. Lori Stahl
    Senior VP & Chief People Officer
  • Mr. Satish Ganesan
    Senior VP, GM of Intelligent Sensing Division & Chief Strategy Officer
  • Mr. Venkat Kodavati
    Senior VP & GM of Wireless Products

SYNA Stock Analysis - Frequently Asked Questions

Should I buy or sell Synaptics stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Synaptics in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SYNA shares.
View SYNA analyst ratings
or view top-rated stocks.

What is Synaptics' stock price target for 2024?

9 brokers have issued 12 month price targets for Synaptics' stock. Their SYNA share price targets range from $95.00 to $135.00. On average, they predict the company's share price to reach $117.67 in the next year. This suggests a possible upside of 31.4% from the stock's current price.
View analysts price targets for SYNA
or view top-rated stocks among Wall Street analysts.

How have SYNA shares performed in 2024?

Synaptics' stock was trading at $114.08 at the beginning of 2024. Since then, SYNA stock has decreased by 21.5% and is now trading at $89.57.
View the best growth stocks for 2024 here
.

When is Synaptics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our SYNA earnings forecast
.

How were Synaptics' earnings last quarter?

Synaptics Incorporated (NASDAQ:SYNA) announced its quarterly earnings results on Thursday, May, 9th. The software maker reported $0.53 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.04. The software maker had revenue of $237.30 million for the quarter, compared to analyst estimates of $235.17 million. Synaptics had a negative net margin of 11.30% and a negative trailing twelve-month return on equity of 0.90%. The firm's revenue for the quarter was down 27.3% on a year-over-year basis. During the same quarter last year, the business posted $1.14 earnings per share.

How will Synaptics' stock buyback program work?

Synaptics declared that its board has initiated a stock buyback program on Wednesday, May 3rd 2023, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 14.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its shares are undervalued.

What guidance has Synaptics issued on next quarter's earnings?

Synaptics updated its fourth quarter 2024 earnings guidance on Thursday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $230.0 million-$260.0 million, compared to the consensus revenue estimate of $244.5 million.

What is Michael Hurlston's approval rating as Synaptics' CEO?

16 employees have rated Synaptics Chief Executive Officer Michael Hurlston on Glassdoor.com. Michael Hurlston has an approval rating of 56% among the company's employees. This puts Michael Hurlston in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Synaptics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Synaptics investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), QUALCOMM (QCOM), Micron Technology (MU), NVIDIA (NVDA), Chipotle Mexican Grill (CMG), Alibaba Group (BABA), Endologix (ELGX), Intel (INTC) and Pfizer (PFE).

Who are Synaptics' major shareholders?

Synaptics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.12%), TimesSquare Capital Management LLC (1.04%), Deroy & Devereaux Private Investment Counsel Inc. (0.46%), Principal Financial Group Inc. (0.38%), Westfield Capital Management Co. LP (0.34%) and Swiss National Bank (0.20%). Insiders that own company stock include Ares Management Llc, Dean Warren Butler, James L Whims, Jeffrey D Buchanan, Jeffrey D Buchanan, John Mcfarland, Kermit Nolan, Kiva A Allgood, Kiva A Allgood, Michael E Hurlston, Saleel Awsare and Vikram Gupta.
View institutional ownership trends
.

How do I buy shares of Synaptics?

Shares of SYNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Synaptics have any subsidiaries?
The following companies are subsidiares of Synaptics: Conexant Systems, Marvell Technology - Multimedia Solutions Business, Synaptics Holding GmbH, Synaptics Hong Kong Limited, Synaptics Japan GK, Synaptics LLC, and Validity Sensors.
Read More
This page (NASDAQ:SYNA) was last updated on 5/14/2024 by MarketBeat.com Staff

From Our Partners