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
Current SymbolNASDAQ:SNPS
Previous Symbol
CUSIP87160710
Phone650-584-5000
Debt
Debt-to-Equity Ratio0.04
Current Ratio0.70
Quick Ratio0.70
Price-To-Earnings
Trailing P/E Ratio96.78
Forward P/E Ratio54.25
P/E Growth3.54
Sales & Book Value
Annual Sales$2.72 billion
Price / Sales4.64
Cash Flow$2.0503 per share
Price / Cash41.54
Book Value$21.83 per share
Price / Book3.90
Profitability
EPS (Most Recent Fiscal Year)$0.88
Net Income$136.56 million
Net Margins1.92%
Return on Equity5.52%
Return on Assets3.13%
Miscellaneous
Employees11,686
Outstanding Shares148,590,000
Market Cap$13.39 billion
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 has initiated a share buyback program on Thursday, April 5th 2018, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 4.1% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.
How were Synopsys' earnings last quarter?
Synopsys, Inc. (NASDAQ:SNPS) issued its quarterly earnings data on Wednesday, August, 22nd. The semiconductor company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.03. The semiconductor company had revenue of $779.70 million for the quarter, compared to the consensus estimate of $773.61 million. Synopsys had a net margin of 1.92% and a return on equity of 5.52%. The business's quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 EPS. View Synopsys' Earnings History.
When is Synopsys' next earnings date?
How can I listen to Synopsys' earnings call?
Synopsys will be holding an earnings conference call on Wednesday, December 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301085.
What guidance has Synopsys issued on next quarter's earnings?
Synopsys updated its fourth quarter earnings guidance on Wednesday, August, 22nd. The company provided earnings per share guidance of $0.76-0.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.71. The company issued revenue guidance of $774-804 million, compared to the consensus revenue estimate of $764.05 million.
What price target have analysts set for SNPS?
7 brokerages have issued 12 month price targets for Synopsys' shares. Their forecasts range from $98.00 to $120.00. On average, they expect Synopsys' stock price to reach $109.8571 in the next twelve months. This suggests a possible upside of 29.0% 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?
News coverage about SNPS stock has been trending very positive on Tuesday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 3.1 on InfoTrie's scale. They also gave press coverage about the semiconductor company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the stock's share price in the next few days.
Who are some of Synopsys' key competitors?
Some companies that are related to Synopsys include Activision Blizzard (ATVI), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), Check Point Software Technologies (CHKP), CA (CA), Shopify (SHOP), Symantec (SYMC), Citrix Systems (CTXS), Splunk (SPLK), Veeva Systems (VEEV), ANSYS (ANSS) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO).
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)
Who are Synopsys' major shareholders?
Synopsys' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.48%), Dodge & Cox (2.30%), Pictet Asset Management Ltd. (2.21%), JPMorgan Chase & Co. (2.10%), Swedbank (1.92%) and Deutsche Bank AG (1.30%). Company insiders that own Synopsys stock include Alfred Castino, Chi-Foon Chan, Chrysostomos L Nikias, Geus Aart De, John F Runkel Jr, John Schwarz, Joseph W Logan, Steven Walske and Trac Pham. View Institutional Ownership Trends for Synopsys.
Which institutional investors are selling Synopsys stock?
SNPS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Dodge & Cox, Macquarie Group Ltd., Janus Henderson Group PLC, State of New Jersey Common Pension Fund D, American Century Companies Inc., First Quadrant L P CA and TIAA CREF Investment Management LLC. 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 institutional investors are buying Synopsys stock?
SNPS stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Wells Fargo & Company MN, Renaissance Technologies LLC, Franklin Resources Inc., Rothschild & Co. Asset Management US Inc., Prudential Financial Inc., Korea Investment CORP and PointState Capital LP. 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 $85.17.
How big of a company is Synopsys?
Synopsys has a market capitalization of $13.39 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.
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.
