Synopsys, Inc. provides electronic design automation (EDA) software products used to design and test integrated circuits (ICs). It offers Galaxy Design platform that offers IC design solutions; 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 DesignWare 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 for creating virtual prototypes and virtualizers; and HAPS 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 services and others. The company has a collaboration agreement with Arm. Synopsys, Inc. was founded in 1986 and is headquartered in Mountain View, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNASDAQ:SNPS
CUSIP87160710
Phone650-584-5000
Debt
Debt-to-Equity Ratio0.04
Current Ratio0.73
Quick Ratio0.73
Price-To-Earnings
Trailing P/E Ratio67.42
Forward P/E Ratio55.57
P/E Growth5.56
Sales & Book Value
Annual Sales$2.72 billion
Price / Sales5.01
Cash Flow$2.1697 per share
Price / Cash42.26
Book Value$21.83 per share
Price / Book4.20
Profitability
EPS (Most Recent Fiscal Year)$0.88
Net Income$136.56 million
Net Margins3.25%
Return on Equity6.55%
Return on Assets3.81%
Miscellaneous
Employees11,686
Outstanding Shares149,010,000
Market Cap$13,662.82
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 announced that its board has approved a stock repurchase 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 buy up to 4.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.
How were Synopsys' earnings last quarter?
Synopsys, Inc. (NASDAQ:SNPS) posted its quarterly earnings data on Wednesday, May, 23rd. The semiconductor company reported $1.08 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.08. The semiconductor company had revenue of $776.80 million for the quarter, compared to analysts' expectations of $775.60 million. Synopsys had a net margin of 3.25% and a return on equity of 6.55%. The company's revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.88 earnings per share. View Synopsys' Earnings History.
When is Synopsys' next earnings date?
What guidance has Synopsys issued on next quarter's earnings?
Synopsys updated its FY18 earnings guidance on Wednesday, May, 23rd. The company provided earnings per share guidance of $3.76-3.83 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.72. The company issued revenue guidance of $3.07-3.10 billion, compared to the consensus revenue estimate of $2.94 billion.Synopsys also updated its Q3 guidance to $0.89-0.93 EPS.
What price target have analysts set for SNPS?
6 brokerages have issued 12 month target prices for Synopsys' stock. Their forecasts range from $87.00 to $120.00. On average, they expect Synopsys' stock price to reach $104.3333 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price. View Analyst Ratings for Synopsys.
What is the consensus analysts' recommendation for Synopsys?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last year. There are currently 1 sell rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Synopsys' key competitors?
Some companies that are related to Synopsys include Electronic Arts (EA), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP), Splunk (SPLK), ANSYS (ANSS), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Mobileye (MBBYF), UBISOFT Entmt S/ADR (UBSFY) and SS&C Technologies (SSNC).
Who are Synopsys' key executives?
Synopsys' management team includes the folowing people:
- Dr. Aart J. de Geus, Co-Founder, Chairman & Co-CEO (Age 64)
- Dr. Chi-Foon Chan, Co-CEO, Pres & Director (Age 69)
- Mr. Trac Pham, Chief Financial Officer (Age 49)
- Mr. John F. Runkel Jr., Gen. Counsel & Corp. Sec. (Age 62)
- Mr. Joseph W. Logan, Sales & Corp. Marketing Officer (Age 58)
Has Synopsys been receiving favorable news coverage?
News stories about SNPS stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Synopsys earned a media sentiment score of 0.24 on Accern's scale. They also assigned headlines about the semiconductor company an impact score of 44.90 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Synopsys' major shareholders?
Synopsys' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Swedbank (1.95%), Assenagon Asset Management S.A. (0.26%), Bank of Montreal Can (0.22%), Fisher Asset Management LLC (0.19%), Westpac Banking Corp (0.05%) and Retirement Systems of Alabama (0.05%). Company insiders that own Synopsys stock include Alfred Castino, Brian M Beattie, 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 Meag Munich Ergo Kapitalanlagegesellschaft MBH, Fisher Asset Management LLC, Hartford Investment Management Co., Smith Graham & Co. Investment Advisors LP, Nisa Investment Advisors LLC, Monument Capital Management, Retirement Systems of Alabama and Contravisory Investment Management Inc.. Company insiders that have sold Synopsys company stock in the last year include Chi-Foon Chan, Chrysostomos L Nikias, John F Runkel Jr, Joseph W Logan and Steven Walske. 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 Assenagon Asset Management S.A., Swedbank, Bank of Montreal Can, Pwmco LLC, Clinton Group Inc., LS Investment Advisors LLC, State of Alaska Department of Revenue and Dorsey Wright & Associates. 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 $91.69.
How big of a company is Synopsys?
Synopsys has a market capitalization of $13.66 billion and generates $2.72 billion in revenue each year. The semiconductor company earns $136.56 million in net income (profit) each year or $0.88 on an earnings per share basis. Synopsys employs 11,686 workers across the globe.
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)
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.
