Synaptics (SYNA) Competitors

$89.63
+2.01 (+2.29%)
(As of 05/2/2024 ET)

SYNA vs. FORM, TSEM, POWI, WOLF, IPGP, KLIC, SLAB, OSIS, SIMO, and SMTC

Should you be buying Synaptics stock or one of its competitors? The main competitors of Synaptics include FormFactor (FORM), Tower Semiconductor (TSEM), Power Integrations (POWI), Wolfspeed (WOLF), IPG Photonics (IPGP), Kulicke and Soffa Industries (KLIC), Silicon Laboratories (SLAB), OSI Systems (OSIS), Silicon Motion Technology (SIMO), and Semtech (SMTC). These companies are all part of the "semiconductors & related devices" industry.

Synaptics vs.

Synaptics (NASDAQ:SYNA) and FormFactor (NASDAQ:FORM) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, institutional ownership, media sentiment, community ranking, dividends, risk and profitability.

Synaptics has a beta of 1.59, suggesting that its share price is 59% more volatile than the S&P 500. Comparatively, FormFactor has a beta of 1.15, suggesting that its share price is 15% more volatile than the S&P 500.

In the previous week, FormFactor had 23 more articles in the media than Synaptics. MarketBeat recorded 26 mentions for FormFactor and 3 mentions for Synaptics. Synaptics' average media sentiment score of 0.77 beat FormFactor's score of -0.13 indicating that Synaptics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Synaptics
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
FormFactor
5 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral

Synaptics presently has a consensus target price of $118.40, suggesting a potential upside of 32.10%. FormFactor has a consensus target price of $47.44, suggesting a potential downside of 8.32%. Given Synaptics' stronger consensus rating and higher probable upside, equities research analysts clearly believe Synaptics is more favorable than FormFactor.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Synaptics
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.78
FormFactor
0 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50

Synaptics received 327 more outperform votes than FormFactor when rated by MarketBeat users. However, 69.00% of users gave FormFactor an outperform vote while only 63.20% of users gave Synaptics an outperform vote.

CompanyUnderperformOutperform
SynapticsOutperform Votes
790
63.20%
Underperform Votes
460
36.80%
FormFactorOutperform Votes
463
69.00%
Underperform Votes
208
31.00%

99.4% of Synaptics shares are owned by institutional investors. Comparatively, 98.8% of FormFactor shares are owned by institutional investors. 1.2% of Synaptics shares are owned by insiders. Comparatively, 1.0% of FormFactor shares are owned 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.

FormFactor has lower revenue, but higher earnings than Synaptics. Synaptics is trading at a lower price-to-earnings ratio than FormFactor, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Synaptics$1.36B2.60$73.60M-$1.99-45.04
FormFactor$663.10M6.04$82.39M$1.0648.82

FormFactor has a net margin of 12.42% compared to Synaptics' net margin of -7.54%. Synaptics' return on equity of 3.01% beat FormFactor's return on equity.

Company Net Margins Return on Equity Return on Assets
Synaptics-7.54% 3.01% 1.44%
FormFactor 12.42%2.43%1.98%

Summary

Synaptics beats FormFactor on 10 of the 18 factors compared between the two stocks.

Get Synaptics News Delivered to You Automatically

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

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SYNA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ 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.
Skip Chart

SYNA vs. The Competition

MetricSynapticsSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$3.52B$42.59B$19.70B$7.55B
Dividend YieldN/A2.25%2.73%3.98%
P/E Ratio-45.0428.59258.8818.73
Price / Sales2.6015.58531.6190.27
Price / Cash9.2021.1028.0035.59
Price / Book2.855.726.534.31
Net Income$73.60M$938.27M$637.10M$214.33M
7 Day Performance2.35%1.48%1.44%2.20%
1 Month Performance-5.54%-5.64%-1.55%-2.94%
1 Year Performance0.46%2.61%16.91%9.24%

Synaptics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FORM
FormFactor
2.2615 of 5 stars
$41.41
+2.9%
$42.56
+2.8%
+90.3%$3.21B$663.10M39.072,115Analyst Report
Insider Selling
Short Interest ↑
News Coverage
Gap Up
TSEM
Tower Semiconductor
2.0504 of 5 stars
$31.75
-0.6%
$36.33
+14.4%
-27.0%$3.47B$1.42B6.835,613News Coverage
POWI
Power Integrations
4.0318 of 5 stars
$64.42
+2.1%
$86.17
+33.8%
-9.9%$3.66B$444.54M66.41819Upcoming Earnings
WOLF
Wolfspeed
1.7818 of 5 stars
$22.57
-5.7%
$41.88
+85.5%
-48.4%$2.84B$921.90M-3.714,802Analyst Report
Options Volume
News Coverage
Gap Down
IPGP
IPG Photonics
4.7899 of 5 stars
$85.37
+0.3%
$117.20
+37.3%
-27.6%$3.92B$1.29B18.486,180Earnings Report
Analyst Report
Analyst Revision
KLIC
Kulicke and Soffa Industries
3.5253 of 5 stars
$46.17
+1.4%
$62.00
+34.3%
-3.9%$2.60B$742.49M51.303,025Earnings Report
SLAB
Silicon Laboratories
0.9992 of 5 stars
$125.41
+5.3%
$143.29
+14.3%
-13.4%$4.00B$782.26M-110.981,846High Trading Volume
OSIS
OSI Systems
4.4386 of 5 stars
$140.82
+1.0%
$163.67
+16.2%
+15.5%$2.40B$1.28B21.376,423Insider Selling
SIMO
Silicon Motion Technology
4.3911 of 5 stars
$72.57
+0.1%
$87.57
+20.7%
+18.5%$2.40B$639.14M45.931,643Dividend Announcement
SMTC
Semtech
2.6776 of 5 stars
$32.64
+1.8%
$39.85
+22.1%
+107.5%$2.11B$868.76M-1.921,917High Trading Volume

Related Companies and Tools

This page (NASDAQ:SYNA) was last updated on 5/3/2024 by MarketBeat.com Staff

From Our Partners