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.
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Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
Phone650-584-5000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.12 billion
Profitability
Miscellaneous
Employees13,245
Next Earnings Date12/4/2019 (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 initiated a stock buyback plan on Thursday, April 5th 2018, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its shares are undervalued.
How were Synopsys' earnings last quarter?
Synopsys, Inc. (NASDAQ:SNPS) posted its earnings results on Wednesday, August, 21st. The semiconductor company reported $0.65 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.03. The semiconductor company earned $853 million during the quarter, compared to the consensus estimate of $831.03 million. Synopsys had a return on equity of 16.56% and a net margin of 18.94%. Synopsys's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.95 EPS. View Synopsys' Earnings History.
When is Synopsys' next earnings date?
What guidance has Synopsys issued on next quarter's earnings?
Synopsys updated its fourth quarter earnings guidance on Wednesday, August, 21st. The company provided EPS guidance of $1.10-1.15 for the period, compared to the Thomson Reuters consensus estimate of $1.01. The company issued revenue guidance of $830-860 million, compared to the consensus revenue estimate of $838.45 million.
What price target have analysts set for SNPS?
10 analysts have issued 1-year price targets for Synopsys' stock. Their predictions range from $110.00 to $171.00. On average, they anticipate Synopsys' stock price to reach $146.00 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Synopsys.
What is the consensus analysts' recommendation 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.
Has Synopsys been receiving favorable news coverage?
Media stories about SNPS stock have trended somewhat positive recently, according to InfoTrie. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog 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 media sentiment score of 0.8 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Synopsys.
Are investors shorting Synopsys?
Synopsys saw a increase in short interest in the month of 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 trading volume of 997,700 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.2% of the company's shares are short sold. View Synopsys' Current Options Chain.
Who are some of Synopsys' key competitors?
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), Cadence Design Systems (CDNS), ANSYS (ANSS) and Splunk (SPLK).
What other stocks do shareholders of Synopsys own?
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 number of of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.42%), Artemis Investment Management LLP (0.09%), Envestnet Asset Management Inc. (0.07%), State of Alaska Department of Revenue (0.05%), Nisa Investment Advisors LLC (0.04%) and Contravisory Investment Management Inc. (0.04%). 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.
Which major investors are selling Synopsys stock?
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, Smith Graham & Co. Investment Advisors LP and Contravisory Investment Management Inc.. 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.
Which major investors are buying Synopsys stock?
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, Tuttle Tactical Management, Envestnet Asset Management Inc., Commerzbank Aktiengesellschaft FI and Gradient Investments LLC. 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, Robinhood, Fidelity and Charles Schwab.
What is Synopsys' stock price today?
One share of SNPS stock can currently be purchased for approximately $134.95.
How big of a company is Synopsys?
Synopsys has a market capitalization of $20.28 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.
What is Synopsys' official website?
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.
