NASDAQ:SNCR

Synchronoss Technologies Stock Forecast, Price & News

$2.89

0.00 (0.00 %)

(As of 07/29/2021 01:45 PM ET)

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Today's Range

$2.82

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$2.92

50-Day Range

$2.42

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$3.67

52-Week Range

$2.35

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$6.59

Volume8,984 shs

Average Volume895,230 shs

Market Capitalization$127.60 million

P/E RatioN/A

Dividend YieldN/A

Beta1

30 days | 90 days | 365 days | Advanced Chart

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About Synchronoss Technologies

Synchronoss Technologies, Inc. provides cloud, digital, messaging, and network management platforms, products, and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its platforms, products, and solutions include cloud sync, backup, storage, device set up, content transfer, and content engagement for user generated content; multi-channel messaging peer-to-peer communications and application-to-person commerce solutions; customer journey and workflow design, development, orchestration, and experience management solutions; and telecom network infrastructure designing, procuring, managing, and optimizing solutions. In addition, the company offers software development and customization services. It markets and sells its services through direct sales force and strategic partners. Synchronoss Technologies, Inc. was incorporated in 2000 and is headquartered in Bridgewater, New Jersey.

Synchronoss To Report Second Quarter 2021 Financial Results on August 9, 2021
July 29, 2021 | finance.yahoo.com

Synchronoss Names Christina Gabrys Chief Legal Officer
July 27, 2021 | finance.yahoo.com

Synchronoss Technologies, Inc. (NASDAQ:SNCR) Given Consensus Recommendation of "Buy" by Brokerages
July 25, 2021 | americanbankingnews.com

Synchronoss Technologies, Inc. (NASDAQ:SNCR) Short Interest Down 31.5% in June
July 19, 2021 | americanbankingnews.com

Brokerages Expect Synchronoss Technologies, Inc. (NASDAQ:SNCR) Will Announce Quarterly Sales of $66.49 Million
July 17, 2021 | americanbankingnews.com

-$0.22 EPS Expected for Synchronoss Technologies, Inc. (NASDAQ:SNCR) This Quarter
July 15, 2021 | americanbankingnews.com

Synchronoss Announces Major Upgrade to Its Comprehensive Network Management Suite
July 14, 2021 | finance.yahoo.com

Synchronoss Technologies, Inc.: Martin Bernstein Joins Synchronoss Board of Directors
July 12, 2021 | finanznachrichten.de

Martin Bernstein Joins Synchronoss Board of Directors
July 12, 2021 | finance.yahoo.com

David D. Clark Sells 19,039 Shares of Synchronoss Technologies, Inc. (NASDAQ:SNCR) Stock
July 12, 2021 | americanbankingnews.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:SNCR
Previous Symbol
CUSIP87157B10
CIK1131554
Webwww.synchronoss.com
Phone866-620-3940
Employees1,598
Year Founded2000

Sales & Book Value

Annual Sales$291.67 million
Price / Sales0.44
Cash Flow$1.62 per share
Price / Cash Flow1.78
Book Value$0.98 per share
Price / Book2.95

Profitability

EPS (Most Recent Fiscal Year)($0.28)
Net Income$-10,700,000.00
Net Margins-6.80%
Return on Equity16.85%
Return on Assets1.55%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares44,151,000
Market Cap$127.60 million
Next Earnings Date8/9/2021 (Estimated)
OptionableOptionable

Social Links

MarketRank^™

Overall MarketRank^™

2.41 out of 5 stars

Computer And Technology Sector

56th out of 1,650 stocks

Custom Computer Programming Services Industry

3rd out of 53 stocks

4.5 Analyst's Opinion

Consensus Rating
Synchronoss Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.23, Synchronoss Technologies has a forecasted upside of 152.8% from its current price of $2.86.
Amount of Analyst Coverage
Synchronoss Technologies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.6 Community Rank

Outperform Votes
Synchronoss Technologies has received 543 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Synchronoss Technologies has received 205 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Synchronoss Technologies has received 72.59% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Synchronoss Technologies and other stocks. Vote “Outperform” if you believe SNCR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SNCR will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Synchronoss Technologies does not currently pay a dividend.
Dividend Growth
Synchronoss Technologies does not have a long track record of dividend growth.

3.3 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Synchronoss Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $65,954.00 in company stock.
Percentage Held by Insiders
30.70% of the stock of Synchronoss Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
45.70% of the stock of Synchronoss Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Synchronoss Technologies are expected to grow in the coming year, from ($0.79) to ($0.22) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Synchronoss Technologies is -2.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Synchronoss Technologies is -2.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Synchronoss Technologies has a P/B Ratio of 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Synchronoss Technologies (NASDAQ:SNCR) Frequently Asked Questions

Is Synchronoss Technologies a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Synchronoss Technologies in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Synchronoss Technologies stock.
View analyst ratings for Synchronoss Technologies or view top-rated stocks.

What stocks does MarketBeat like better than Synchronoss Technologies?

Wall Street analysts have given Synchronoss Technologies a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Synchronoss Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Synchronoss Technologies?

Synchronoss Technologies saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 4,000,000 shares, a drop of 31.5% from the June 15th total of 5,840,000 shares. Based on an average daily trading volume, of 1,250,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 11.7% of the shares of the stock are sold short.
View Synchronoss Technologies' Short Interest.

When is Synchronoss Technologies' next earnings date?

Synchronoss Technologies is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Synchronoss Technologies.

How were Synchronoss Technologies' earnings last quarter?

Synchronoss Technologies, Inc. (NASDAQ:SNCR) announced its quarterly earnings data on Monday, May, 10th. The software maker reported ($0.33) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.36) by $0.03. The software maker earned $65.50 million during the quarter, compared to analysts' expectations of $64.40 million. Synchronoss Technologies had a positive trailing twelve-month return on equity of 16.85% and a negative net margin of 6.80%.
View Synchronoss Technologies' earnings history.

How has Synchronoss Technologies' stock been impacted by COVID-19?

Synchronoss Technologies' stock was trading at $3.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SNCR shares have decreased by 21.4% and is now trading at $2.90.
View which stocks have been most impacted by COVID-19.

What guidance has Synchronoss Technologies issued on next quarter's earnings?

Synchronoss Technologies issued an update on its FY 2021 earnings guidance on Wednesday, July, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $275 million-$285 million, compared to the consensus revenue estimate of $278.79 million.

What price target have analysts set for SNCR?

5 brokers have issued 1-year price targets for Synchronoss Technologies' stock. Their forecasts range from $5.25 to $9.00. On average, they expect Synchronoss Technologies' stock price to reach $7.23 in the next year. This suggests a possible upside of 149.3% from the stock's current price.
View analysts' price targets for Synchronoss Technologies or view top-rated stocks among Wall Street analysts.

Who are Synchronoss Technologies' key executives?

Synchronoss Technologies' management team includes the following people:

Mr. Stephen G. Waldis, Founder & Exec. Chairman (Age 53, Pay $307.63k)
Mr. Jeffrey George Miller, Pres, CEO & Director (Age 57, Pay $701.76k)
Mr. David D. Clark, Chief Financial Officer (Age 55, Pay $555.79k)
Mr. Patrick J. Doran, Chief Technology Officer (Age 48, Pay $506.03k)
Mr. Ronald J. Prague, Exec. VP, Chief Legal Officer & Sec. (Age 57, Pay $475.98k)
Mr. Christopher K. Hill, Exec. VP of Products & Sales (Age 50, Pay $616.9k)
Mr. Joseph J. Crivelli, VP of Investor Relations
Mr. Andrew Wilmott, Sr. VP of Service Delivery and Gen. Mang.
Mr. Anthony Socci, Pres & GM of APAC
Olman Barber, Sr. VP of Product Management of Cloud

What is Jeff Miller's approval rating as Synchronoss Technologies' CEO?

7 employees have rated Synchronoss Technologies CEO Jeff Miller on Glassdoor.com. Jeff Miller has an approval rating of 76% among Synchronoss Technologies' employees.

Who are some of Synchronoss Technologies' key competitors?

Some companies that are related to Synchronoss Technologies include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Nuance Communications (NUAN), Fair Isaac (FICO), FactSet Research Systems (FDS) and Citrix Systems (CTXS).
View all of SNCR's competitors.

What other stocks do shareholders of Synchronoss Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Synchronoss Technologies investors own include Advanced Micro Devices (AMD), BlackRock (BLK), NVIDIA (NVDA), Frontier Communications (FTR), Activision Blizzard (ATVI), Alibaba Group (BABA), CA (CA), Cisco Systems (CSCO), General Electric (GE) and QUALCOMM (QCOM).

What is Synchronoss Technologies' stock symbol?

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

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Synchronoss Technologies' stock price today?

One share of SNCR stock can currently be purchased for approximately $2.90.

How much money does Synchronoss Technologies make?

Synchronoss Technologies has a market capitalization of $128.04 million and generates $291.67 million in revenue each year. The software maker earns $-10,700,000.00 in net income (profit) each year or ($0.28) on an earnings per share basis.

How many employees does Synchronoss Technologies have?

Synchronoss Technologies employs 1,598 workers across the globe.

Does Synchronoss Technologies have any subsidiaries?

The following companies are subsidiares of Synchronoss Technologies: FusionOne, Miyowa, Openwave Messaging, Razorsight, SpeechCycle, Voxmobili, Wisor Telecom, and Younited.

When was Synchronoss Technologies founded?

Synchronoss Technologies was founded in 2000.

What is Synchronoss Technologies' official website?

The official website for Synchronoss Technologies is www.synchronoss.com.

Where are Synchronoss Technologies' headquarters?

Synchronoss Technologies is headquartered at 200 CROSSING BOULEVARD 8TH FLOOR, BRIDGEWATER NJ, 08807.

How can I contact Synchronoss Technologies?

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]

This page was last updated on 7/29/2021 by MarketBeat.com Staff

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