Synchronoss Technologies Company Profile (NASDAQ:SNCR)

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

Synchronoss Technologies, Inc. (NASDAQ:SNCR) issued its quarterly earnings results on Wednesday, August, 3rd. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.53 by $0.04. The company had revenue of $161.49 million for the quarter, compared to the consensus estimate of $156.99 million. Synchronoss Technologies had a net margin of 3.38% and a return on equity of 11.20%. The firm's revenue was up 17.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.56 EPS. View Synchronoss Technologies' Earnings History.

7 brokerages have issued 1 year price targets for Synchronoss Technologies' shares. Their forecasts range from $13.00 to $35.00. On average, they expect Synchronoss Technologies' stock price to reach $21.20 in the next twelve months. View Analyst Ratings for Synchronoss Technologies.

Here are some recent quotes from research analysts about Synchronoss Technologies stock:

• 1. According to Zacks Investment Research, "SYNCHRONOSS TECHNOLOGIES is the premier provider of on-demand transaction management software to Tier One communications service providers. Synchronoss enables service providers to drive growth in new and existing markets while delivering an improved customer experience at lower costs. The company's flagship ActivationNow and ConvergenceNow software platforms automate, synchronize and simplify electronic service creation and management of advanced wireline, wireless and IP services across existing networks. " (7/25/2017)
• 2. Stifel Nicolaus analysts commented, "On Wednesday, February 8th after the market close, Synchronoss reported its 4Q16 earnings results. The report was a challenging one to digest, with the presented financials chock full of moving parts as SNCR embarks on a fairly massive pivot into the Enterprise and away from its traditional AT&T Activation business. Q4 results themselves were generally in-line with the previous revised outlook (set on December 8th at the time of the IL announcement), with Continuing Operation Cloud revenue figures coming in at $123.9mn and Continuing Ops EPS coming in at $0.24 (vs. our Cloud estimate of $125.0mn and EPS of $0.25). However, FY17 guidance will likely prove disappointing to the Street, as it was merely held consistent with the company's prior targets for $810-$820mn, despite holding Intralinks for an extra 40 days or so. We have highlighted our concerns that the numerous moving parts present an operational challenge and serve to obfuscate true results and growth rates, and as such, we are maintaining our Hold rating while lowering our Target Price to $32." (2/9/2017)

Some companies that are related to Synchronoss Technologies include GTT Communications (GTT), Veritone (VERI), Marin Software Incorporated (MRIN), support.com (SPRT), Blur Group PLC (BLUR), Demandware (DWRE), E2open (EOPN), Incontact (SAAS), Rackspace Hosting (RAX) and Rally Software Development Corp (RALY).

Synchronoss Technologies' management team includes the folowing people:

• Stephen G. Waldis, Executive Chairman of the Board, Chief Executive Officer
• Robert E. Garcia, President, Chief Operating Officer
• Lawrence R. Irving, Chief Financial Officer
• Ronald J. Prague, Chief Legal Officer, Executive Vice President, General Counsel, Secretary
• John DeFeo, EVP, General Manager - Customer Success and Technology Operations
• William J. Cadogan, Independent Director
• Thomas J. Hopkins, Independent Director
• James M. McCormick, Independent Director
• Donnie M. Moore, Independent Director

Synchronoss Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include SIRIS CAPITAL GROUP, LLC (12.93%), SIRIS CAPITAL GROUP, LLC (12.93%), Vanguard Group Inc. (7.44%), Dimensional Fund Advisors LP (5.36%), ELK CREEK PARTNERS, LLC (5.05%) and Elk Creek Partners LLC (5.32%). Company insiders that own Synchronoss Technologies stock include Charles E Hoffman, Chris Halbard, David Schuette, Donnie Moore, James M Mccormick, Karen Rosenberger, Nicholas P Lazzaro, Patrick Joseph Doran, Robert Garcia, Ronald Prague, Silver Private Holdings I, Llc, Stephen G Waldis, Thomas J Hopkins and William J Cadogan. View Institutional Ownership Trends for Synchronoss Technologies.

Synchronoss Technologies' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Royal Bank of Canada, UBS Asset Management Americas Inc., Vanguard Group Inc., Teachers Advisors LLC, AHL Partners LLP, The Manufacturers Life Insurance Company and Cornerstone Capital Management Holdings LLC.. Company insiders that have sold Synchronoss Technologies stock in the last year include David Schuette, Donnie Moore, Karen Rosenberger, Robert Garcia, Ronald Prague, Stephen G Waldis, Thomas J Hopkins and William J Cadogan. View Insider Buying and Selling for Synchronoss Technologies.

Synchronoss Technologies' stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, State of New Jersey Common Pension Fund D, Stephens Inc. AR, Elk Creek Partners LLC, Smith Graham & Co. Investment Advisors LP, Gotham Asset Management LLC and Kennedy Capital Management Inc.. View Insider Buying and Selling for Synchronoss Technologies.

Shares of Synchronoss Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Synchronoss Technologies stock can currently be purchased for approximately $16.75.