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 authorized a stock buyback plan on Thursday, April 5th 2018, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 4.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Synopsys, Inc. (NASDAQ:SNPS) released its quarterly earnings data on Wednesday, May, 22nd. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.73 by $0.04. The semiconductor company had revenue of $836.20 million for the quarter, compared to analysts' expectations of $829.41 million. Synopsys had a return on equity of 16.88% and a net margin of 18.74%. The company's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the firm earned $1.08 EPS. 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 earnings per share (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 targets for Synopsys' shares. Their predictions range from $98.00 to $152.00. On average, they anticipate Synopsys' share price to reach $126.1250 in the next twelve months. This suggests that the stock has a possible downside of 2.3%. 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 somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Synopsys earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Synopsys.

Synopsys saw a decrease in short interest in July. As of July 31st, there was short interest totalling 1,760,300 shares, a decrease of 11.3% from the June 30th total of 1,985,500 shares. Based on an average daily volume of 1,170,000 shares, the short-interest ratio is presently 1.5 days. Approximately 1.2% of the company's stock are short sold. View Synopsys' Current Options Chain.

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

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 number of of retail and institutional investors. Top institutional shareholders 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 purchased 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 $129.09.

Synopsys has a market capitalization of $19.35 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]