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

$3.06
-0.18 (-5.56 %)
(As of 03/29/2020 04:55 AM ET)
Today's Range
$3.01
Now: $3.06
$3.26
50-Day Range
$2.90
MA: $4.52
$5.50
52-Week Range
$2.46
Now: $3.06
$9.05
Volume240,808 shs
Average Volume550,345 shs
Market Capitalization$136.35 million
P/E RatioN/A
Dividend YieldN/A
Beta0.49
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. The company also provides Synchronoss Enterprise solutions, such as secure mobility management, data and analytics, and identity and access management solutions for the financial, healthcare, and life sciences markets; and Synchronoss Personal Cloud platform that delivers an operator-branded experience for subscribers to backup, restore, synchronize, and share their personal content across smartphones, tablets, computers, and other connected devices. Its products and platforms are designed to enable multiple converged communication services to manage across a range of distribution channels, such as e-commerce, m-commerce, telesales, customer stores, indirect, and other retail outlets. The company markets and sells its services through direct sales force and strategic partners. Synchronoss Technologies, Inc. was founded in 2000 and is headquartered in Bridgewater, New Jersey.
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Synchronoss Technologies logo

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$308.75 million
Cash Flow$0.70 per share
Book Value$1.69 per share

Profitability

Net Income$-104,590,000.00

Miscellaneous

Employees1,659
Market Cap$136.35 million
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

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Synchronoss Technologies (NASDAQ:SNCR) Frequently Asked Questions

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

Synchronoss Technologies' stock was trading at $3.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SNCR stock has decreased by 17.1% and is now trading at $3.06. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Synchronoss Technologies?

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

When is Synchronoss Technologies' next earnings date?

Synchronoss Technologies is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Synchronoss Technologies.

How were Synchronoss Technologies' earnings last quarter?

Synchronoss Technologies, Inc. (NASDAQ:SNCR) released its quarterly earnings results on Monday, March, 9th. The software maker reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.42) by $0.36. The software maker had revenue of $90.59 million for the quarter, compared to the consensus estimate of $91.64 million. Synchronoss Technologies had a negative net margin of 33.68% and a negative return on equity of 36.48%. The business's revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($3.01) EPS. View Synchronoss Technologies' earnings history.

What price target have analysts set for SNCR?

2 Wall Street analysts have issued 1-year price targets for Synchronoss Technologies' stock. Their forecasts range from $13.00 to $13.00. On average, they anticipate Synchronoss Technologies' share price to reach $13.00 in the next year. This suggests a possible upside of 324.8% from the stock's current price. View analysts' price targets for Synchronoss Technologies.

Has Synchronoss Technologies been receiving favorable news coverage?

News headlines about SNCR stock have been trending somewhat positive on Sunday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Synchronoss Technologies earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutSynchronoss Technologies.

Are investors shorting Synchronoss Technologies?

Synchronoss Technologies saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 7,421,200 shares, an increase of 5.1% from the February 27th total of 7,060,000 shares. Based on an average trading volume of 467,000 shares, the short-interest ratio is presently 15.9 days. Approximately 21.5% of the shares of the stock are sold short. 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 Frontier Communications (FTR), BlackRock (BLK), CA (CA), Gilead Sciences (GILD), NVIDIA (NVDA), Alibaba Group (BABA), Activision Blizzard (ATVI), Skyworks Solutions (SWKS), Advanced Micro Devices (AMD) and Starbucks (SBUX).

Who are Synchronoss Technologies' key executives?

Synchronoss Technologies' management team includes the following 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)

What is Synchronoss Technologies' stock symbol?

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

Who are Synchronoss Technologies' major shareholders?

Synchronoss Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Archon Capital Management LLC (5.07%), Renaissance Technologies LLC (2.99%), California Public Employees Retirement System (2.51%), State Street Corp (1.70%), Acadian Asset Management LLC (1.45%) and Jacobs Levy Equity Management Inc. (1.43%). Company insiders that own Synchronoss Technologies stock include David D Clark, Glenn Lurie, Jeffrey George Miller, Mary P Clark, Ronald Prague, Stephen G Waldis and William J Cadogan. View institutional ownership trends for Synchronoss Technologies.

Which institutional investors are selling Synchronoss Technologies stock?

SNCR stock was sold by a variety of institutional investors in the last quarter, including Archon Capital Management LLC, Brighton Jones LLC, New York State Common Retirement Fund, AQR Capital Management LLC, Alliancebernstein L.P., and Bank of America Corp DE. Company insiders that have sold Synchronoss Technologies company stock in the last year include David D Clark, Jeffrey George Miller, Mary P Clark, Ronald Prague, and Stephen G Waldis. View insider buying and selling activity for Synchronoss Technologies.

Which institutional investors are buying Synchronoss Technologies stock?

SNCR stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Acadian Asset Management LLC, Norges Bank, Jacobs Levy Equity Management Inc., Lapides Asset Management LLC, AXA, Renaissance Technologies LLC, and Russell Investments Group Ltd.. Company insiders that have bought Synchronoss Technologies stock in the last two years include David D Clark, Glenn Lurie, and William J Cadogan. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Synchronoss Technologies' stock price today?

One share of SNCR stock can currently be purchased for approximately $3.06.

How big of a company is Synchronoss Technologies?

Synchronoss Technologies has a market capitalization of $136.35 million and generates $308.75 million in revenue each year. The software maker earns $-104,590,000.00 in net income (profit) each year or ($1.87) on an earnings per share basis. Synchronoss Technologies employs 1,659 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:  526 (Vote Outperform)
Underperform Votes:  406 (Vote Underperform)
Total Votes:  932
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 3/29/2020 by MarketBeat.com Staff

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