Synopsys Stock Price, News & Analysis (NASDAQ:SNPS)

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

Synopsys announced that its Board of Directors has initiated a share repurchase program on Thursday, April 5th 2018, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 4.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

Synopsys, Inc. (NASDAQ:SNPS) issued its quarterly earnings data on Wednesday, August, 21st. The semiconductor company reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.62 by $0.03. The semiconductor company had revenue of $853 million for the quarter, compared to analyst estimates of $831.03 million. Synopsys had a return on equity of 16.56% and a net margin of 18.94%. The firm's revenue for the quarter was up 9.5% on a year-over-year basis. During the same period last year, the firm earned $0.95 EPS. View Synopsys' Earnings History.

Synopsys is scheduled to release their next quarterly earnings announcement on Wednesday, December 4th 2019. View Earnings Estimates for Synopsys.

Synopsys issued an update on its fourth quarter earnings guidance on Wednesday, August, 21st. The company provided earnings per share (EPS) guidance of $1.10-1.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.01. The company issued revenue guidance of $830-860 million, compared to the consensus revenue estimate of $838.45 million.

10 equities research analysts have issued 1-year price objectives for Synopsys' stock. Their predictions range from $110.00 to $171.00. On average, they expect Synopsys' stock price to reach $146.00 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets for Synopsys.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last year. There are currently 1 hold rating, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synopsys.

Media headlines about SNPS stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Synopsys earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave news articles about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Synopsys.

Synopsys saw a increase in short interest in September. As of September 30th, there was short interest totalling 1,710,000 shares, an increase of 14.0% from the August 30th total of 1,500,000 shares. Based on an average daily trading volume, of 997,700 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.2% of the shares of the company are short sold. View Synopsys' Current Options Chain.

Some companies that are related to Synopsys include Intuit (INTU), VMware (VMW), Uber Technologies (UBER), ServiceNow (NOW), Activision Blizzard (ATVI), Dassault Systemes (DASTY), Shopify (SHOP), Autodesk (ADSK), Electronic Arts (EA), Electronic Arts (EA), Square (SQ), Veeva Systems (VEEV), ANSYS (ANSS), Cadence Design Systems (CDNS) and Splunk (SPLK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Synopsys investors own include NVIDIA (NVDA), Paypal (PYPL), Adobe (ADBE), Square (SQ), Micron Technology (MU), Xilinx (XLNX), Netflix (NFLX), Twilio (TWLO), salesforce.com (CRM) and Advanced Micro Devices (AMD).

Synopsys' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.42%), Artemis Investment Management LLP (0.09%), State of Alaska Department of Revenue (0.05%), Nisa Investment Advisors LLC (0.04%), Contravisory Investment Management Inc. (0.04%) and Navellier & Associates Inc (0.03%). 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, Roy Vallee, Steven Walske, Sudhindra Kankanwadi and Trac Pham. View Institutional Ownership Trends for Synopsys.

SNPS stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Perpetual Ltd, Artemis Investment Management LLP, Decatur Capital Management Inc., Meeder Asset Management Inc., Gateway Investment Advisers LLC, Contravisory Investment Management Inc. and Cerebellum GP LLC. Company insiders that have sold Synopsys company stock in the last year include Chi-Foon Chan, Chrysostomos L Nikias, Geus Aart De, John F Runkel Jr, John Schwarz, Joseph W Logan, Roy Vallee, Steven Walske, Sudhindra Kankanwadi and Trac Pham. View Insider Buying and Selling for Synopsys.

SNPS stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, Navellier & Associates Inc, TIAA FSB, Commerzbank Aktiengesellschaft FI, Gradient Investments LLC, Gulf International Bank UK Ltd and Winslow Evans & Crocker Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of SNPS stock can currently be purchased for approximately $136.83.

Synopsys has a market capitalization of $20.56 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.View Additional Information About Synopsys.

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

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]