NASDAQ:SYNA - Synaptics Stock Price, Forecast & News

Synaptics trades on the NASDAQ under the ticker symbol "SYNA."

Synaptics, Incorporated (NASDAQ:SYNA) announced its earnings results on Thursday, February, 6th. The software maker reported $2.04 EPS for the quarter, topping the Zacks' consensus estimate of $1.45 by $0.59. The software maker earned $388.30 million during the quarter, compared to the consensus estimate of $354.90 million. Synaptics had a negative net margin of 1.16% and a positive return on equity of 15.92%. The firm's revenue was down 8.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.55 earnings per share. View Synaptics' Earnings History.

Synaptics is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Synaptics.

Synaptics updated its third quarter 2020 After-Hours earnings guidance on Thursday, February, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $330-350 million, compared to the consensus revenue estimate of $299.03 million.

10 equities research analysts have issued twelve-month price objectives for Synaptics' stock. Their forecasts range from $40.00 to $100.00. On average, they expect Synaptics' share price to reach $71.63 in the next twelve months. This suggests that the stock has a possible downside of 12.0%. View Analyst Price Targets for Synaptics.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synaptics in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synaptics.

News articles about SYNA stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Synaptics earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned media coverage about the software maker a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the stock's share price in the next several days. View News Stories for Synaptics.

Synaptics saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 6,640,000 shares, an increase of 7.3% from the January 15th total of 6,190,000 shares. Based on an average daily volume of 795,200 shares, the days-to-cover ratio is presently 8.4 days. Currently, 20.4% of the shares of the company are short sold. View Synaptics' Current Options Chain.

Some companies that are related to Synaptics include Western Digital (WDC), NetApp (NTAP), Immersion (IMMR), Intevac (IVAC) and HGST Technologies Santa Ana (STEC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Synaptics investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Allergan (AGN), QUALCOMM (QCOM), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), Netflix (NFLX) and Workday (WDAY).

Synaptics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (2.71%), Franklin Resources Inc. (2.38%), Jacobs Levy Equity Management Inc. (2.24%), Maverick Capital Ltd. (1.79%), Charles Schwab Investment Management Inc. (1.26%) and Prudential Financial Inc. (1.20%). Company insiders that own Synaptics stock include Francis F Lee, Hing Chung Wong, John Mcfarland, Kermit Nolan, Kevin D Barber, Nelson C Chan, Rick Bergman, Russell J Knittel, Saleel Awsare and Shawn Tsai-Shyang Liu. View Institutional Ownership Trends for Synaptics.

SYNA stock was sold by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank, Retirement Systems of Alabama, Managed Asset Portfolios LLC, Franklin Resources Inc., CLARET ASSET MANAGEMENT Corp, First Trust Advisors LP, Smith Graham & Co. Investment Advisors LP and State of New Jersey Common Pension Fund D. Company insiders that have sold Synaptics company stock in the last year include Hing Chung Wong, John Mcfarland, Kermit Nolan, Nelson C Chan, Saleel Awsare and Shawn Tsai-Shyang Liu. View Insider Buying and Selling for Synaptics.

SYNA stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Maverick Capital Ltd., Prudential Financial Inc., Hennessy Advisors Inc., Jacobs Levy Equity Management Inc., AQR Capital Management LLC, Acadian Asset Management LLC and State of Tennessee Treasury Department. View Insider Buying and Selling for Synaptics.

Shares of SYNA 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.

One share of SYNA stock can currently be purchased for approximately $81.36.

Synaptics has a market capitalization of $2.76 billion and generates $1.47 billion in revenue each year. The software maker earns $-22,900,000.00 in net income (profit) each year or $2.50 on an earnings per share basis. Synaptics employs 1,861 workers across the globe.View Additional Information About Synaptics.

The official website for Synaptics is http://www.synaptics.com/.

Synaptics' mailing address is 1251 MCKAY DRIVE, SAN JOSE CA, 95131. The software maker can be reached via phone at 408-904-1100.