NASDAQ:SNPS - Synopsys Stock Price, News, & Analysis

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$110.31 -2.60 (-2.30 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$112.91
Today's Range$110.29 - $112.50
52-Week Range$79.14 - $112.93
Volume1.26 million shs
Average Volume1.15 million shs
Market Capitalization$16.51 billion
P/E Ratio39.12
Dividend YieldN/A
Beta1.29
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits (ICs). It offers Fusion Design Platform, a digital design implementation solution; Verification Continuum Platform, which provides virtual prototyping, static and formal verification, simulation, emulation, field-programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. The company also offers intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; and system-on-chip infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating point components, and ARM AMBA interconnect fabric and peripherals. In addition, it provides logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. Further, the company offers Platform Architect tools for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. Additionally, it provides testing tools, services, and programs, which include security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate defects in the software development lifecycle; manufacturing solutions for semiconductor manufacturers to develop fabrication processes; and professional and other services. Synopsys, Inc. was founded in 1986 and is headquartered in Mountain View, California.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:SNPS
CUSIP87160710
Phone650-584-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.12 billion
Cash Flow$4.3601 per share
Book Value$25.29 per share

Profitability

Net Income$432.51 million

Miscellaneous

Employees13,245
Market Cap$16.51 billion
Next Earnings Date5/22/2019 (Estimated)
OptionableOptionable

Synopsys (NASDAQ:SNPS) Frequently Asked Questions

What is Synopsys' stock symbol?

Synopsys trades on the NASDAQ under the ticker symbol "SNPS."

How will Synopsys' stock buyback program work?

Synopsys declared that its Board of Directors has authorized a stock buyback plan on Thursday, April 5th 2018, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 4.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

How were Synopsys' earnings last quarter?

Synopsys, Inc. (NASDAQ:SNPS) announced its quarterly earnings data on Wednesday, February, 20th. The semiconductor company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.51. The semiconductor company earned $820.40 million during the quarter, compared to analyst estimates of $796.30 million. Synopsys had a net margin of 18.59% and a return on equity of 17.23%. Synopsys's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.10 earnings per share. View Synopsys' Earnings History.

When is Synopsys' next earnings date?

Synopsys is scheduled to release their next quarterly earnings announcement on Wednesday, May 22nd 2019. View Earnings Estimates for Synopsys.

What guidance has Synopsys issued on next quarter's earnings?

Synopsys issued an update on its FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $4.20-4.27 for the period, compared to the Thomson Reuters consensus estimate of $4.24. The company issued revenue guidance of $3.29-3.34 billion, compared to the consensus revenue estimate of $3.32 billion.Synopsys also updated its FY 2019 guidance to $4.20-4.27 EPS.

What price target have analysts set for SNPS?

7 equities research analysts have issued 1-year target prices for Synopsys' stock. Their forecasts range from $98.00 to $125.00. On average, they anticipate Synopsys' share price to reach $112.00 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for Synopsys.

What is the consensus analysts' recommendation for Synopsys?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synopsys.

Has Synopsys been receiving favorable news coverage?

Media headlines about SNPS stock have trended neutral on Friday, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Synopsys earned a news sentiment score of 0.5 on InfoTrie's scale. They also assigned press coverage about the semiconductor company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the next few days.

Who are some of Synopsys' key competitors?

What other stocks do shareholders of Synopsys own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Synopsys investors own include NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Adobe (ADBE), Square (SQ), salesforce.com (CRM), Netflix (NFLX), Tesla (TSLA), Cisco Systems (CSCO) and Xilinx (XLNX).

Who are Synopsys' key executives?

Synopsys' management team includes the folowing people:
  • Dr. Aart J. de Geus, Co-Founder, Chairman & Co-CEO (Age 65)
  • Dr. Chi-Foon Chan, Co-CEO, Pres & Director (Age 70)
  • Mr. Trac Pham, Chief Financial Officer (Age 50)
  • Mr. John F. Runkel Jr., Gen. Counsel & Corp. Sec. (Age 63)
  • Mr. Joseph W. Logan, Sales & Corp. Marketing Officer (Age 59)

Who are Synopsys' major shareholders?

Synopsys' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Lunia Capital LP (12.26%), BlackRock Inc. (8.16%), Parnassus Investments CA (4.54%), Swedbank (1.99%), D. E. Shaw & Co. Inc. (1.64%) and Geode Capital Management LLC (1.48%). Company insiders that own Synopsys stock include Chi-Foon Chan, Chrysostomos L Nikias, Geus Aart De, John F Runkel Jr, John Schwarz, Joseph W Logan, Steven Walske, Sudhindra Kankanwadi and Trac Pham. View Institutional Ownership Trends for Synopsys.

Which major investors are selling Synopsys stock?

SNPS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Los Angeles Capital Management & Equity Research Inc., Bank of Montreal Can, Kornitzer Capital Management Inc. KS, Stevens Capital Management LP, Picton Mahoney Asset Management, Martingale Asset Management L P and First Trust Advisors LP. Company insiders that have sold Synopsys company stock in the last year include Chi-Foon Chan, Geus Aart De, John F Runkel Jr, Joseph W Logan, Sudhindra Kankanwadi and Trac Pham. View Insider Buying and Selling for Synopsys.

Which major investors are buying Synopsys stock?

SNPS stock was purchased by a variety of institutional investors in the last quarter, including Lunia Capital LP, Norges Bank, Parnassus Investments CA, Bessemer Group Inc., Prudential Financial Inc., D. E. Shaw & Co. Inc., Assenagon Asset Management S.A. and Nordea Investment Management AB. View Insider Buying and Selling for Synopsys.

How do I buy shares of Synopsys?

Shares of SNPS 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 Synopsys' stock price today?

One share of SNPS stock can currently be purchased for approximately $110.31.

How big of a company is Synopsys?

Synopsys has a market capitalization of $16.51 billion and generates $3.12 billion in revenue each year. The semiconductor company earns $432.51 million in net income (profit) each year or $2.82 on an earnings per share basis. Synopsys employs 13,245 workers across the globe.

What is Synopsys' official website?

The official website for Synopsys is http://www.synopsys.com.

How can I contact Synopsys?

Synopsys' mailing address is 690 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA, 94043. The semiconductor company can be reached via phone at 650-584-5000 or via email at [email protected]


MarketBeat Community Rating for Synopsys (NASDAQ SNPS)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  435 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  780
MarketBeat's community ratings are surveys of what our community members think about Synopsys and other stocks. Vote "Outperform" if you believe SNPS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SNPS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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