NASDAQ:SNCR - Synchronoss Technologies Stock Price, News, & Analysis

Synchronoss Technologies trades on the NASDAQ under the ticker symbol "SNCR."

Synchronoss Technologies, Inc. (NASDAQ:SNCR) posted its quarterly earnings results on Thursday, May, 9th. The software maker reported ($0.50) earnings per share for the quarter, missing analysts' consensus estimates of ($0.49) by $0.01. The software maker had revenue of $88.11 million for the quarter, compared to analyst estimates of $83.37 million. Synchronoss Technologies had a negative return on equity of 76.17% and a negative net margin of 67.57%. View Synchronoss Technologies' Earnings History.

Synchronoss Technologies is scheduled to release their next quarterly earnings announcement on Monday, August 5th 2019. View Earnings Estimates for Synchronoss Technologies.

2 analysts have issued 12 month target prices for Synchronoss Technologies' stock. Their predictions range from $7.00 to $13.00. On average, they anticipate Synchronoss Technologies' share price to reach $10.00 in the next year. This suggests a possible upside of 35.7% from the stock's current price. View Analyst Price Targets for Synchronoss Technologies.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchronoss Technologies in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synchronoss Technologies.

News coverage about SNCR stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Synchronoss Technologies earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Synchronoss Technologies.

Synchronoss Technologies saw a decline in short interest in June. As of June 30th, there was short interest totalling 1,023,500 shares, a decline of 6.4% from the May 30th total of 1,093,600 shares. Based on an average trading volume of 410,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.8% of the company's shares are sold short. View Synchronoss Technologies' Current Options Chain.

Some companies that are related to Synchronoss Technologies include Perficient (PRFT), Glu Mobile (GLUU), Formula Systems (1985) (FORTY), Monotype Imaging (TYPE), PDF Solutions (PDFS), Computer Programs & Systems (CPSI), AGM Group (AGMH), Bright Mountain Media (BMTM), Perion Network (PERI), Innovative Solutions & Support (ISSC), RealNetworks (RNWK), Computer Task Group (CTG), MIND C.T.I. (MNDO), Powerbridge Technologies (PBTS) and Modsys International (MDSYF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Synchronoss Technologies investors own include BlackRock (BLK), CA (CA), Frontier Communications (FTR), NVIDIA (NVDA), Alibaba Group (BABA), Activision Blizzard (ATVI), Advanced Micro Devices (AMD), Gilead Sciences (gild), Starbucks (SBUX) and Intel (INTC).

Synchronoss Technologies' stock is owned by many different of institutional and retail investors. Top institutional investors include Supplemental Annuity Collective Trust of NJ (0.08%) and New Jersey Better Educational Savings Trust (0.04%). Company insiders that own Synchronoss Technologies stock include David D Clark, Glenn Lurie, Mary P Clark, Robert Garcia, Ronald Prague, Stephen G Waldis and William J Cadogan. View Institutional Ownership Trends for Synchronoss Technologies.

SNCR stock was sold by a variety of institutional investors in the last quarter, including New Jersey Better Educational Savings Trust and Supplemental Annuity Collective Trust of NJ. Company insiders that have sold Synchronoss Technologies company stock in the last year include David D Clark, Glenn Lurie, Mary P Clark, Ronald Prague and Stephen G Waldis. View Insider Buying and Selling for Synchronoss Technologies.

Shares of SNCR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SNCR stock can currently be purchased for approximately $7.37.

Synchronoss Technologies has a market capitalization of $316.03 million and generates $325.84 million in revenue each year. The software maker earns $-218,150,000.00 in net income (profit) each year or ($4.90) on an earnings per share basis. Synchronoss Technologies employs 1,428 workers across the globe.View Additional Information About Synchronoss Technologies.

The official website for Synchronoss Technologies is http://www.synchronoss.com/.

Synchronoss Technologies' mailing address is 200 CROSSING BOULEVARD 8TH FLOOR, BRIDGEWATER NJ, 08807. The software maker can be reached via phone at 866-620-3940 or via email at [email protected]