NASDAQ:SNPS - Synopsys Stock Price, News & Analysis

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

Synopsys announced that its Board of Directors has initiated a stock repurchase program 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 purchase up to 4.1% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

Synopsys, Inc. (NASDAQ:SNPS) released its quarterly earnings results on Wednesday, May, 22nd. The semiconductor company reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.04. The semiconductor company earned $836.20 million during the quarter, compared to analyst estimates of $829.41 million. Synopsys had a return on equity of 16.88% and a net margin of 18.74%. Synopsys's quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.08 earnings per share. View Synopsys' Earnings History.

Synopsys is scheduled to release their next quarterly earnings announcement on Wednesday, August 21st 2019. View Earnings Estimates for Synopsys.

Synopsys will be holding an earnings conference call on Wednesday, August 21st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Synopsys issued an update on its FY19 earnings guidance on Wednesday, May, 22nd. The company provided EPS guidance of $4.24-4.40 for the period, compared to the Thomson Reuters consensus estimate of $4.28. The company issued revenue guidance of $3.29-3.35 billion, compared to the consensus revenue estimate of $3.33 billion.

9 analysts have issued twelve-month price objectives for Synopsys' stock. Their predictions range from $98.00 to $152.00. On average, they expect Synopsys' stock price to reach $126.1250 in the next year. This suggests that the stock has a possible downside of 2.2%. View Analyst Price Targets for Synopsys.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last year. There are currently 2 hold ratings, 6 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 negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Synopsys earned a media sentiment score of -2.3 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 next several days. View News Stories for Synopsys.

Synopsys saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 1,760,300 shares, a drop of 11.3% from the June 30th total of 1,985,500 shares. Based on an average trading volume of 1,170,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.2% of the shares of the company are sold short. View Synopsys' Current Options Chain.

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

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

Synopsys' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.05%), BlackRock Inc. (8.60%), Price T Rowe Associates Inc. MD (6.72%), JPMorgan Chase & Co. (4.16%), Parnassus Investments CA (3.48%) and Invesco Ltd. (2.34%). 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 Parnassus Investments CA, Egerton Capital UK LLP, Prudential Financial Inc., Pictet Asset Management Ltd., Price T Rowe Associates Inc. MD, D. E. Shaw & Co. Inc., Victory Capital Management Inc. and Amundi Pioneer Asset 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.

SNPS stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, JPMorgan Chase & Co., Invesco Ltd., BlackRock Inc., Marshall Wace North America L.P., WINTON GROUP Ltd, UBS Group AG and PointState Capital LP. 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, Scottrade, Fidelity and Charles Schwab.

One share of SNPS stock can currently be purchased for approximately $128.98.

Synopsys has a market capitalization of $19.33 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]