NASDAQ:SYNA

Synaptics - SYNA Stock Forecast, Price & News

$99.75

-0.83 (-0.83%)

(As of 09/30/2022 03:52 PM ET)

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Today's Range: $99.45
▼
$103.38
50-Day Range: $98.75
▼
$149.14
52-Week Range: $98.50
▼
$299.39

Volume: 9,977 shs
Average Volume: 574,153 shs
Market Capitalization: $3.99 billion

P/E Ratio: 15.76
Dividend Yield: N/A
Price Target: $207.08

Synaptics MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 107.4% Upside
$207.08 Price Target
Short Interest: Healthy
8.90% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.63
Based on 5 Articles This Week
Insider Trading: Selling Shares
$2.15 M Sold Last Quarter
Proj. Earnings Growth: 14.09%
From $10.15 to $11.58 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.85 out of 5 stars

Computer And Technology Sector

115th out of 650 stocks

Semiconductors & Related Devices Industry

18th out of 97 stocks

4.4

Analyst's Opinion

Consensus Rating
Synaptics has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $207.08, Synaptics has a forecasted upside of 107.4% from its current price of $99.87.
Amount of Analyst Coverage
Synaptics has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
8.90% of the outstanding shares of Synaptics have been sold short.
Short Interest Ratio / Days to Cover
Synaptics has a short interest ratio ("days to cover") of 7.6.
Change versus previous month
Short interest in Synaptics has recently decreased by 15.24%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Synaptics does not currently pay a dividend.
Dividend Growth
Synaptics does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SYNA.

2.0

News and Social Media Coverage

News Sentiment
Synaptics has a news sentiment score of 0.63. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Synaptics this week, compared to 5 articles on an average week.
Search Interest
11 people have searched for SYNA on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Synaptics to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $2,148,813.00 in company stock.
Percentage Held by Insiders
Only 0.80% of the stock of Synaptics is held by insiders.
Percentage Held by Institutions
97.15% of the stock of Synaptics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Synaptics are expected to grow by 14.09% in the coming year, from $10.15 to $11.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Synaptics is 15.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Synaptics is 15.78, 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 353.86.
Price to Book Value per Share Ratio
Synaptics has a P/B Ratio of 3.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated develops, markets, and sells semiconductor product solutions worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes or over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions. It also provides Natural ID, a fingerprint ID product that is used in automobiles, notebook personal computers (PCs), PC peripherals, and other applications; TouchPad, a touch-sensitive pad that senses the position and movement of one or more fingers on its surface; SecurePad that integrates fingerprint sensor directly into the TouchPad area; ClickPad that offers a clickable mechanical design; and ForcePad. In addition, the company offers ClearPad, which enables users to interact directly with the display on mobile smartphones, tablets, and automobiles; ClearView products that provide advanced image processing and low power technology for displays on smartphones and tablets; and TouchView products, a touch controller and display driver integration product. Further, it provides TouchPad with a pointing stick in a single notebook computer enabling users to select their interface of choice; TouchStyk, a self-contained pointing stick module; ultra-low power edge artificial intelligence platform for battery powered wireless devices; wireless connectivity solutions comprising Wi-Fi, Bluetooth, global positioning system, global navigation satellite system, and ULE; and voice over IP and digital enhanced cordless telecommunications solutions. The company sells its products through direct sales, outside sales representatives, distributors, and resellers to mobile and PC OEMs; IoT OEMs; and automotive and consumer electronics manufacturers. The company was incorporated in 1986 and is headquartered in San Jose, California.

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SYNA Stock News Headlines

September 27, 2022 | nasdaq.com

Cadence Design Systems and Synaptics have been highlighted as Zacks Bull and Bear of the Day - Nasdaq

September 27, 2022 | nasdaq.com

Bear of the Day: Synaptics (SYNA) - Nasdaq

September 30, 2022 | Investing Trends (Ad)

The NEW US – RUSSIA COLD WAR

In response to Putin's invasion of Ukraine, the US dusted off a Cold War-era power and invoked the 1950's Defense Production Act. It calls for the support of mining and manufacturing of critical minerals such as copper, to speed up the transition to green energy. But with Russia sitting on the world's third-largest reserves of copper, new sources of mining are desperately needed.

September 21, 2022 | nasdaq.com

Returns At Synaptics (NASDAQ:SYNA) Are On The Way Up - Nasdaq

September 19, 2022 | globenewswire.com

Synaptics Added to PHLX Semiconductor Sector Index (SOX) - GlobeNewswire

September 19, 2022 | finance.yahoo.com

Synaptics Added to PHLX Semiconductor Sector Index (SOX)

September 17, 2022 | fool.com

Synaptics (NASDAQ: SYNA)

September 13, 2022 | nasdaq.com

Synaptics (SYNA) & WNC Team Up for Smart Display Platform - Nasdaq

September 30, 2022 | Investing Trends (Ad)

The $193 Billion US-China War You Don't Know About

They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.

September 12, 2022 | benzinga.com

Synaptics (NASDAQ:SYNA) – Where Synaptics Stands With Analysts - Benzinga

September 9, 2022 | globenewswire.com

Hisense Selects Synaptics' DBM10L Processor For First - GlobeNewswire

September 9, 2022 | globenewswire.com

Synaptics and WNC Partner to Bring AI Capabilities to Smart Display - GlobeNewswire

September 9, 2022 | seekingalpha.com

Synaptics and WNC join hands for AI capabilities in smart display

September 9, 2022 | finance.yahoo.com

Hisense Selects Synaptics’ DBM10L Processor For First AI-Enabled Always-On Voice Remote Control

September 6, 2022 | marketwatch.com

Display Driver Market Potential growth Segments, covid 19impact on Industry, Top Players, Product types, Applications and Forecast to 2027

September 5, 2022 | finance.yahoo.com

Synaptics (NASDAQ:SYNA) shareholders are still up 222% over 3 years despite pulling back 8.8% in the past week

September 1, 2022 | globenewswire.com

Synaptics Announces Availability of the Katana™ Evaluation Kit on Edge Impulse Studio™ to Accelerate Deployment of Custom ML Models - GlobeNewswire

September 1, 2022 | finance.yahoo.com

Synaptics Announces Availability of the Katana™ Evaluation Kit on Edge Impulse Studio™ to Accelerate Deployment of Custom ML Models

August 29, 2022 | nasdaq.com

We Ran A Stock Scan For Earnings Growth And Synaptics (NASDAQ:SYNA) Passed With Ease - Nasdaq

August 26, 2022 | globenewswire.com

Synaptics to Participate at Upcoming Investor Conferences on Tuesday, August 30, 2022 and Thursday, September 8, 2022 - GlobeNewswire

August 26, 2022 | finance.yahoo.com

Synaptics to Participate at Upcoming Investor Conferences on Tuesday, August 30, 2022 and Thursday, September 8, 2022

August 26, 2022 | benzinga.com

Automotive Biometric Market Size, Share | Global Industry Growth Report 2022-2027 - Benzinga

August 24, 2022 | finance.yahoo.com

This Nasdaq Stock Grew 45% Last Quarter, and It Is a Terrific Bargain Right Now

August 17, 2022 | globenewswire.com

Synaptics to Participate at Upcoming Investor Conferences on Tuesday, August 23, 2022 and Wednesday, August 24, 2022 - GlobeNewswire

August 17, 2022 | finance.yahoo.com

Synaptics to Participate at Upcoming Investor Conferences on Tuesday, August 23, 2022 and Wednesday, August 24, 2022

August 16, 2022 | seekingalpha.com

Synaptics Is Set Up For Long-Term Success (NASDAQ:SYNA) - Seeking Alpha

August 9, 2022 | markets.businessinsider.com

What 5 Analyst Ratings Have To Say About Synaptics

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30 days | 90 days | 365 days | Advanced Chart

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SYNA Company Calendar

Last Earnings: 8/04/2022
Today: 9/30/2022
Next Earnings (Estimated): 11/03/2022
Fiscal Year End: 6/30/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Computer Storage & Peripherals
Sector: Computer and Technology
Current Symbol: NASDAQ:SYNA
CUSIP: 87157D10
CIK: 817720
Web: www.synaptics.com
Phone: (408) 904-1100
Fax: 408-904-1110
Employees: 1,775
Year Founded: 1986

Price Target and Rating

Average Stock Price Forecast: $207.08
High Stock Price Forecast: $345.00
Low Stock Price Forecast: $125.00
Forecasted Upside/Downside: +107.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.33
Trailing P/E Ratio: 15.76
Forward P/E Ratio: 9.83
P/E Growth: N/A
Net Income: $257.50 million
Net Margins: 14.80%
Pretax Margin: 18.42%
Return on Equity: 38.59%
Return on Assets: 17.49%

Debt

Debt-to-Equity Ratio: 0.77
Current Ratio: 3.03
Quick Ratio: 2.66

Sales & Book Value

Annual Sales: $1.74 billion
Price / Sales: 2.29
Cash Flow: $14.19 per share
Price / Cash Flow: 7.03
Book Value: $31.97 per share
Price / Book: 3.12

Miscellaneous

Outstanding Shares: 39,990,000
Free Float: 39,674,000
Market Cap: $3.99 billion
Optionable: Optionable
Beta: 1.50

Social Links

Key Executives

Mr. Michael E. Hurlston (Age 55)
Pres, CEO & Director
Comp: $1.98M

Mr. Dean Warren Butler (Age 40)
Sr. VP & CFO
Comp: $825.36k

Mr. John McFarland (Age 55)
Sr. VP, Gen. Counsel & Sec.
Comp: $1.39M

Mr. Saleel Awsare (Age 57)
Sr. VP and GM of PC & Peripherals Division
Comp: $1.22M

Mr. Divyesh Shah
Sr. VP of Operations

Mr. Kermit Nolan (Age 62)
Corp. VP & Chief Accounting Officer

Mr. Michael Brooker
Sr. VP of IT & Chief Information Officer

Munjal Shah
Investor Relations Officer

Mr. Todd Lepinski
Sr. VP of Worldwide Sales

Mr. Satish Ganesan
Sr. VP & Chief Strategy Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SYNA Stock - Frequently Asked Questions

Should I buy or sell Synaptics stock right now?: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synaptics in the last year. There are currently 3 hold ratings and 9 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 2022?: 12 brokers have issued 12-month target prices for Synaptics' stock. Their SYNA share price forecasts range from $125.00 to $345.00. On average, they predict the company's stock price to reach $207.08 in the next twelve months. This suggests a possible upside of 102.4% 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 2022?: Synaptics' stock was trading at $289.51 at the beginning of the year. Since then, SYNA shares have decreased by 64.7% and is now trading at $102.33.
View the best growth stocks for 2022 here.
When is Synaptics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our SYNA earnings forecast.
How were Synaptics' earnings last quarter?: Synaptics Incorporated (NASDAQ:SYNA) released its earnings results on Thursday, August, 4th. The software maker reported $3.87 EPS for the quarter, topping the consensus estimate of $3.13 by $0.74. The software maker earned $476.40 million during the quarter, compared to the consensus estimate of $472.74 million. Synaptics had a trailing twelve-month return on equity of 38.59% and a net margin of 14.80%. Synaptics's revenue was up 45.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.60 earnings per share.
What guidance has Synaptics issued on next quarter's earnings?: Synaptics updated its first quarter 2023 earnings guidance on Thursday, August, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $440.00 million-$470.00 million, compared to the consensus revenue estimate of $479.18 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."
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 $102.33.
How much money does Synaptics make?: Synaptics (NASDAQ:SYNA) has a market capitalization of $4.09 billion and generates $1.74 billion in revenue each year. The software maker earns $257.50 million in net income (profit) each year or $6.33 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 9/30/2022 by MarketBeat.com Staff

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Synaptics - SYNA Stock Forecast, Price & News

Synaptics MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows