NASDAQ:SYNA Synaptics (SYNA) Stock Forecast, Price & News $81.05 +1.84 (+2.32%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$78.08▼$82.3050-Day Range$73.55▼$111.1552-Week Range$67.73▼$150.31Volume615,970 shsAverage Volume541,504 shsMarket Capitalization$3.20 billionP/E Ratio18.25Dividend YieldN/APrice Target$124.55 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Synaptics MarketRank™ ForecastAnalyst RatingModerate Buy2.70 Rating ScoreUpside/Downside53.7% Upside$124.55 Price TargetShort InterestHealthy4.71% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.35Based on 5 Articles This WeekInsider TradingSelling Shares$4.60 M Sold Last QuarterProj. Earnings Growth-56.57%From $5.48 to $2.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.15 out of 5 starsComputer And Technology Sector272nd out of 606 stocksSemiconductors & Related Devices Industry37th out of 86 stocks 3.4 Analyst's Opinion Consensus RatingSynaptics has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $124.55, Synaptics has a forecasted upside of 53.7% from its current price of $81.05.Amount of Analyst CoverageSynaptics has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.71% of the outstanding shares of Synaptics have been sold short.Short Interest Ratio / Days to CoverSynaptics has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Synaptics has recently increased by 35.77%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSynaptics does not currently pay a dividend.Dividend GrowthSynaptics does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SYNA. Previous Next 1.3 News and Social Media Coverage News SentimentSynaptics has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Synaptics this week, compared to 5 articles on an average week.Search InterestOnly 5 people have searched for SYNA on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Synaptics to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Synaptics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,604,081.00 in company stock.Percentage Held by InsidersOnly 0.97% of the stock of Synaptics is held by insiders.Percentage Held by Institutions90.40% of the stock of Synaptics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Synaptics are expected to decrease by -56.57% in the coming year, from $5.48 to $2.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synaptics is 18.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Synaptics is 18.25, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 320.98.Price to Book Value per Share RatioSynaptics has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Synaptics (NASDAQ:SYNA) StockSynaptics, Inc. engages in the development, marketing, and sale of human interface semiconductor solutions for electronic devices and products. It specializes in custom-designed human interface that enable people to interact with mobile computing, communications, entertainment, and other electronic devices. The company was founded by Federico Faggin and Carver A. Mead in March 1986 and is headquartered in San Jose, CA.Read More Receive SYNA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Synaptics and its competitors with MarketBeat's FREE daily newsletter. Email Address SYNA Stock News HeadlinesJune 6, 2023 | msn.comNeedham Reiterates Synaptics (SYNA) Buy RecommendationJune 6, 2023 | msn.com12 Analysts Have This to Say About SynapticsJune 6, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Software" to Revolutionize WarfareThis breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>June 1, 2023 | americanbankingnews.comInsider Selling: Synaptics Incorporated (NASDAQ:SYNA) Insider Sells 46,981 Shares of StockMay 30, 2023 | finance.yahoo.comIs Now An Opportune Moment To Examine Synaptics Incorporated (NASDAQ:SYNA)?May 30, 2023 | msn.comSynaptics partners with Boreas Technologies on piezo haptic trackpadsMay 29, 2023 | finance.yahoo.comSynaptics Partners with Boréas Technologies to Deliver High-Performance Piezo Haptic TrackpadsMay 29, 2023 | finance.yahoo.comSynaptics Partners with Boréas Technologies to Deliver High-Performance Piezo Haptic TrackpadsJune 6, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Software" to Revolutionize WarfareThis breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>May 29, 2023 | finance.yahoo.comSynaptics Expands Industry Leading Match-in-Sensor (MiS) Fingerprint Authentication Portfolio with High-Performance, Frictionless Biometric Security SensorMay 21, 2023 | americanbankingnews.comSynaptics (NASDAQ:SYNA) Earns Hold Rating from Analysts at StockNews.comMay 19, 2023 | americanbankingnews.comBrokerages Set Synaptics Incorporated (NASDAQ:SYNA) PT at $124.55May 15, 2023 | finance.yahoo.comSynaptics to Participate at Upcoming Investor Conferences Monday, May 22, 2023 and Thursday, June 1, 2023May 11, 2023 | marketwatch.comSemiconductor Wireless Sensor IOT Market Size and Gross Margin: Latest Insights | 2031May 9, 2023 | finance.yahoo.comSynaptics Incorporated (NASDAQ:SYNA) Analysts Just Slashed Next Year's EstimatesMay 8, 2023 | americanbankingnews.comSynaptics (NASDAQ:SYNA) PT Lowered to $115.00 at SusquehannaMay 8, 2023 | americanbankingnews.comBMO Capital Markets Lowers Synaptics (NASDAQ:SYNA) Price Target to $80.00May 7, 2023 | americanbankingnews.comCraig Hallum Cuts Synaptics (NASDAQ:SYNA) Price Target to $115.00May 7, 2023 | americanbankingnews.comSynaptics (NASDAQ:SYNA) Given New $115.00 Price Target at Needham & Company LLCMay 7, 2023 | americanbankingnews.comMizuho Cuts Synaptics (NASDAQ:SYNA) Price Target to $130.00May 6, 2023 | americanbankingnews.comSynaptics (NASDAQ:SYNA) Approves Stock Repurchase ProgramMay 4, 2023 | americanbankingnews.comSynaptics (NASDAQ:SYNA) Given New $75.00 Price Target at Wells Fargo & CompanyMay 4, 2023 | finance.yahoo.comQ3 2023 Synaptics Inc Earnings CallMay 4, 2023 | americanbankingnews.comSynaptics (NASDAQ:SYNA) Given New $100.00 Price Target at KeyCorpMay 3, 2023 | finance.yahoo.comSynaptics (SYNA) Tops Q3 Earnings EstimatesMay 3, 2023 | finance.yahoo.comSynaptics Reports Third Quarter Fiscal 2023 ResultsMay 1, 2023 | americanbankingnews.comSynaptics (SYNA) to Release Earnings on WednesdaySee More Headlines SYNA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SYNA Company Calendar Last Earnings11/04/2021Today6/06/2023Fiscal Year End6/30/2023Next Earnings (Estimated)8/03/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryComputer Storage & Peripherals SectorComputer and Technology Current SymbolNASDAQ:SYNA CUSIP87157D10 CIK817720 Webwww.synaptics.com Phone(408) 904-1100Fax408-904-1110Employees1,775Year Founded1986Price Target and Rating Average Stock Price Forecast$124.55 High Stock Price Forecast$195.00 Low Stock Price Forecast$75.00 Forecasted Upside/Downside+55.6%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$4.44 Trailing P/E Ratio18.02 Forward P/E Ratio14.60 P/E GrowthN/ANet Income$257.50 million Net Margins11.21% Pretax Margin17.80% Return on Equity27.01% Return on Assets12.66% Debt Debt-to-Equity Ratio0.74 Current Ratio4.96 Quick Ratio4.41 Sales & Book Value Annual Sales$1.74 billion Price / Sales1.82 Cash Flow$14.26 per share Price / Cash Flow5.61 Book Value$31.97 per share Price / Book2.50Miscellaneous Outstanding Shares39,520,000Free Float39,141,000Market Cap$3.16 billion OptionableOptionable Beta1.56 Social Links Key ExecutivesMichael E. HurlstonPresident, Chief Executive Officer & DirectorDivyesh ShahSenior Vice President-OperationsDean ButlerChief Financial Officer & Senior Vice PresidentMichael BrookerChief Information Officer & Senior VP-ITJohn McFarlandSecretary, Senior Vice President & General CounselKey CompetitorsAmbarellaNASDAQ:AMBAKulicke and Soffa IndustriesNASDAQ:KLICDiodesNASDAQ:DIODCirrus LogicNASDAQ:CRUSMACOM Technology SolutionsNASDAQ:MTSIView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 1,665 shares on 6/1/2023Ownership: 0.033%Ontario Teachers Pension Plan BoardSold 474 shares on 6/1/2023Ownership: 0.021%Prelude Capital Management LLCSold 2,968 shares on 6/1/2023Ownership: 0.005%Michael E HurlstonSold 46,981 sharesTotal: $4.03 M ($85.73/share)ProShare Advisors LLCSold 311 shares on 5/26/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions SYNA Stock - Frequently Asked Questions Should I buy or sell Synaptics stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synaptics in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SYNA shares. View SYNA analyst ratings or view top-rated stocks. What is Synaptics' stock price forecast for 2023? 10 Wall Street research analysts have issued 1-year target prices for Synaptics' stock. Their SYNA share price forecasts range from $75.00 to $195.00. On average, they expect the company's share price to reach $124.55 in the next twelve months. This suggests a possible upside of 55.6% from the stock's current price. View analysts price targets for SYNA or view top-rated stocks among Wall Street analysts. How have SYNA shares performed in 2023? Synaptics' stock was trading at $95.16 at the start of the year. Since then, SYNA stock has decreased by 15.9% and is now trading at $80.02. View the best growth stocks for 2023 here. Are investors shorting Synaptics? Synaptics saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,860,000 shares, an increase of 35.8% from the April 30th total of 1,370,000 shares. Based on an average daily volume of 552,000 shares, the days-to-cover ratio is presently 3.4 days. View Synaptics' Short Interest. When is Synaptics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our SYNA earnings forecast. How were Synaptics' earnings last quarter? Synaptics Incorporated (NASDAQ:SYNA) issued its earnings results on Thursday, November, 4th. The software maker reported $2.68 EPS for the quarter, topping analysts' consensus estimates of $2.27 by $0.41. The software maker had revenue of $372.70 million for the quarter, compared to analysts' expectations of $370.58 million. Synaptics had a net margin of 11.21% and a trailing twelve-month return on equity of 27.01%. The business's quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.38 EPS. What ETFs hold Synaptics' stock? ETFs with the largest weight of Synaptics (NASDAQ:SYNA) stock in their portfolio include Columbia Seligman Semiconductor and Technology ETF (SEMI), SPDR S&P Semiconductor ETF (XSD), Fidelity Metaverse ETF (FMET), WisdomTree Artificial Intelligence and Innovation Fund (WTAI), Defiance Quantum ETF (QTUM), Pacer US Export Leaders ETF (PEXL), First Trust Mid Cap Value AlphaDEX Fund (FNK) and iShares Semiconductor ETF (SOXX). How will Synaptics' stock buyback program work? Synaptics announced that its Board of Directors has approved a stock buyback plan on Wednesday, May 3rd 2023, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 14.3% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued. What guidance has Synaptics issued on next quarter's earnings? Synaptics updated its fourth quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $210.00 million-$240.00 million, compared to the consensus revenue estimate of $330.39 million. What is Michael Hurlston's approval rating as Synaptics' CEO? 16 employees have rated Synaptics Chief Executive Officer Michael Hurlston on Glassdoor.com. Michael Hurlston has an approval rating of 56% among the company's employees. This puts Michael Hurlston in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Synaptics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Synaptics investors own include CA (CA), BlackRock (BLK), QUALCOMM (QCOM), Micron Technology (MU), NVIDIA (NVDA), Chipotle Mexican Grill (CMG), Alibaba Group (BABA), Endologix (ELGX), Intel (INTC) and Pfizer (PFE). What is Synaptics' stock symbol? Synaptics trades on the NASDAQ under the ticker symbol "SYNA." Who are Synaptics' major shareholders? Synaptics' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (12.61%), Ameriprise Financial Inc. (9.31%), Wellington Management Group LLP (6.74%), FMR LLC (6.60%), State Street Corp (4.29%) and Fisher Asset Management LLC (2.51%). Insiders that own company stock include Ares Management Llc, Dean Warren Butler, James L Whims, Jeffrey D Buchanan, Jeffrey D Buchanan, John Mcfarland, Keith Geeslin, Kermit Nolan, Kiva A Allgood, Kiva A Allgood, Michael E Hurlston, Nelson C Chan, Saleel Awsare and Susan J Hardman. View institutional ownership trends. How do I buy shares of Synaptics? Shares of SYNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Synaptics' stock price today? One share of SYNA stock can currently be purchased for approximately $80.02. How much money does Synaptics make? Synaptics (NASDAQ:SYNA) has a market capitalization of $3.16 billion and generates $1.74 billion in revenue each year. The software maker earns $257.50 million in net income (profit) each year or $4.44 on an earnings per share basis. How many employees does Synaptics have? The company employs 1,775 workers across the globe. Does Synaptics have any subsidiaries? The following companies are subsidiares of Synaptics: Conexant Systems, Marvell Technology - Multimedia Solutions Business, Synaptics Holding GmbH, Synaptics Hong Kong Limited, Synaptics Japan GK, Synaptics LLC, and Validity Sensors.Read More How can I contact Synaptics? Synaptics' mailing address is 1251 MCKAY DRIVE, SAN JOSE CA, 95131. The official website for the company is www.synaptics.com. The software maker can be reached via phone at (408) 904-1100, via email at ir@synaptics.com, or via fax at 408-904-1110. This page (NASDAQ:SYNA) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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