NASDAQ:SYNA - Synaptics Stock Price, Forecast & News

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

Synaptics, Incorporated (NASDAQ:SYNA) announced its quarterly earnings results on Thursday, February, 6th. The software maker reported $2.04 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.59. The software maker earned $388.30 million during the quarter, compared to analysts' expectations of $354.90 million. Synaptics had a positive return on equity of 15.92% and a negative net margin of 1.16%. Synaptics's revenue was down 8.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.55 EPS. 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 issued an update on its third quarter 2020 After-Hours earnings guidance on Thursday, February, 6th. The company provided earnings per share (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 1 year price targets for Synaptics' stock. Their forecasts range from $40.00 to $100.00. On average, they anticipate Synaptics' stock price to reach $71.63 in the next year. 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 been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Synaptics earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned press coverage about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Synaptics.

Synaptics saw a increase in short interest in 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 trading volume, of 795,200 shares, the days-to-cover ratio is currently 8.4 days. Currently, 20.4% of the shares of the stock are sold short. 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 a variety of of institutional and retail investors. Top institutional investors 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 bought 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.