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

$8.22
-0.21 (-2.49 %)
(As of 08/20/2019 04:00 PM ET)
Today's Range
$8.19
Now: $8.22
$8.49
50-Day Range
$7.33
MA: $8.15
$8.90
52-Week Range
$4.96
Now: $8.22
$9.05
Volume29,197 shs
Average Volume283,235 shs
Market Capitalization$364.80 million
P/E RatioN/A
Dividend YieldN/A
Beta0.57
Synchronoss Technologies, Inc provides cloud, digital, messaging, and Internet of things platforms, products, and solutions worldwide. Its products and services include cloud-based sync, backup, storage and content engagement capabilities, broadband connectivity solutions, analytics, white label messaging, and identity/access management that enable communications service providers, cable operators/multi-services operators, original equipment manufacturers with embedded connectivity, and multi-channel retailers, as well as other customers to accelerate and monetize value-add services for secure and broadband networks and connected devices. Read More…

Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:SNCR
CUSIP87157B10
Phone866-620-3940

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$325.84 million
Book Value$4.45 per share

Profitability

Net Income$-218,150,000.00

Miscellaneous

Employees1,428
Market Cap$364.80 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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Synchronoss Technologies (NASDAQ:SNCR) Frequently Asked Questions

What is Synchronoss Technologies' stock symbol?

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

How were Synchronoss Technologies' earnings last quarter?

Synchronoss Technologies, Inc. (NASDAQ:SNCR) posted its earnings results on Monday, August, 5th. The software maker reported ($0.41) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.49) by $0.08. The software maker had revenue of $77.80 million for the quarter, compared to analyst estimates of $80.19 million. Synchronoss Technologies had a negative net margin of 55.89% and a negative return on equity of 81.70%. The firm's revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.48) EPS. View Synchronoss Technologies' Earnings History.

When is Synchronoss Technologies' next earnings date?

Synchronoss Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Synchronoss Technologies.

What price target have analysts set for SNCR?

2 brokerages have issued 12-month price targets for Synchronoss Technologies' shares. Their predictions range from $7.00 to $13.00. On average, they expect Synchronoss Technologies' stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 21.7% from the stock's current price. View Analyst Price Targets for Synchronoss Technologies.

What is the consensus analysts' recommendation 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.

Has Synchronoss Technologies been receiving favorable news coverage?

Headlines about SNCR stock have trended positive on Tuesday, according to InfoTrie. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Synchronoss Technologies earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news stories about the software maker a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Synchronoss Technologies.

Are investors shorting Synchronoss Technologies?

Synchronoss Technologies saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 1,801,800 shares, an increase of 76.0% from the June 15th total of 1,023,500 shares. Based on an average daily trading volume, of 390,900 shares, the short-interest ratio is currently 4.6 days. Approximately 4.9% of the company's shares are short sold. View Synchronoss Technologies' Current Options Chain.

Who are some of Synchronoss Technologies' key 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 BlackRock (BLK), CA (CA), Frontier Communications (FTR), Alibaba Group (BABA), NVIDIA (NVDA), Activision Blizzard (ATVI), Advanced Micro Devices (AMD), Gilead Sciences (gild), Starbucks (SBUX) and Intel (INTC).

Who are Synchronoss Technologies' key executives?

Synchronoss Technologies' management team includes the folowing people:
  • Mr. Stephen G. Waldis, Founder & Exec. Chairman (Age 51)
  • Mr. Glenn Lurie, CEO, Pres & Director (Age 54)
  • Mr. Lawrence R. Irving, Consultant (Age 62)
  • Mr. Ronald W. Hovsepian, Consultant (Age 58)
  • Mr. David D. Clark, Chief Financial Officer (Age 53)

Who are Synchronoss Technologies' major shareholders?

Synchronoss Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.62%), Vanguard Group Inc. (2.72%), Renaissance Technologies LLC (1.97%), JPMorgan Chase & Co. (1.15%), Jacobs Levy Equity Management Inc. (0.54%) and Royal Bank of Canada (0.53%). 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.

Which major investors are selling Synchronoss Technologies stock?

SNCR stock was sold by a variety of institutional investors in the last quarter, including Emancipation Management LLC, Royal Bank of Canada, JPMorgan Chase & Co., AXA, Jacobs Levy Equity Management Inc., Parametric Portfolio Associates LLC, Russell Investments Group Ltd. and DDD Partners LLC. 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.

Which major investors are buying Synchronoss Technologies stock?

SNCR stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Renaissance Technologies LLC, Acadian Asset Management LLC, Lapides Asset Management LLC, Charles Schwab Investment Management Inc., Northern Trust Corp and AE Wealth Management LLC. Company insiders that have bought Synchronoss Technologies stock in the last two years include David D Clark and William J Cadogan. View Insider Buying and Selling for Synchronoss Technologies.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Synchronoss Technologies' stock price today?

One share of SNCR stock can currently be purchased for approximately $8.22.

How big of a company is Synchronoss Technologies?

Synchronoss Technologies has a market capitalization of $364.80 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.

What is Synchronoss Technologies' official website?

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

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]


MarketBeat Community Rating for Synchronoss Technologies (NASDAQ SNCR)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  499 (Vote Outperform)
Underperform Votes:  384 (Vote Underperform)
Total Votes:  883
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.
This page was last updated on 8/20/2019 by MarketBeat.com Staff

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