Synaptics (SYNA) Competitors

$86.04
+2.58 (+3.09%)
(As of 04/24/2024 ET)

SYNA vs. FORM, TSEM, WOLF, DIOD, POWI, IPGP, SLAB, KLIC, SIMO, and OSIS

Should you be buying Synaptics stock or one of its competitors? The main competitors of Synaptics include FormFactor (FORM), Tower Semiconductor (TSEM), Wolfspeed (WOLF), Diodes (DIOD), Power Integrations (POWI), IPG Photonics (IPGP), Silicon Laboratories (SLAB), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), and OSI Systems (OSIS). These companies are all part of the "semiconductors & related devices" industry.

Synaptics vs.

Synaptics (NASDAQ:SYNA) and FormFactor (NASDAQ:FORM) are both mid-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, risk, media sentiment, community ranking, dividends, valuation and earnings.

Synaptics has a beta of 1.56, meaning that its share price is 56% more volatile than the S&P 500. Comparatively, FormFactor has a beta of 1.18, meaning that its share price is 18% more volatile than the S&P 500.

Synaptics presently has a consensus target price of $118.40, suggesting a potential upside of 37.61%. FormFactor has a consensus target price of $42.56, suggesting a potential upside of 2.00%. Given Synaptics' stronger consensus rating and higher probable upside, equities research analysts plainly believe Synaptics is more favorable than FormFactor.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Synaptics
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.78
FormFactor
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43

In the previous week, FormFactor had 15 more articles in the media than Synaptics. MarketBeat recorded 19 mentions for FormFactor and 4 mentions for Synaptics. Synaptics' average media sentiment score of 1.01 beat FormFactor's score of 0.77 indicating that Synaptics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Synaptics
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
FormFactor
6 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

FormFactor has lower revenue, but higher earnings than Synaptics. Synaptics is trading at a lower price-to-earnings ratio than FormFactor, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Synaptics$1.03B3.29$73.60M-$1.99-43.24
FormFactor$663.10M4.87$82.39M$1.0639.36

99.4% of Synaptics shares are owned by institutional investors. Comparatively, 98.8% of FormFactor shares are owned by institutional investors. 1.2% of Synaptics shares are owned by insiders. Comparatively, 1.0% of FormFactor shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

FormFactor has a net margin of 12.42% compared to Synaptics' net margin of -7.54%. Synaptics' return on equity of 3.01% beat FormFactor's return on equity.

Company Net Margins Return on Equity Return on Assets
Synaptics-7.54% 3.01% 1.44%
FormFactor 12.42%2.43%1.98%

Synaptics received 330 more outperform votes than FormFactor when rated by MarketBeat users. However, 69.07% of users gave FormFactor an outperform vote while only 63.20% of users gave Synaptics an outperform vote.

CompanyUnderperformOutperform
SynapticsOutperform Votes
790
63.20%
Underperform Votes
460
36.80%
FormFactorOutperform Votes
460
69.07%
Underperform Votes
206
30.93%

Summary

Synaptics beats FormFactor on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SYNA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SYNA vs. The Competition

MetricSynapticsSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$3.28B$25.87B$19.50B$7.48B
Dividend YieldN/A2.38%2.79%3.96%
P/E Ratio-43.2428.13268.7120.61
Price / Sales3.2913.85521.8980.27
Price / Cash8.1619.0427.4634.58
Price / Book2.735.246.664.30
Net Income$73.60M$706.08M$633.12M$213.92M
7 Day Performance3.26%1.72%1.05%1.26%
1 Month Performance-12.38%-7.43%-3.14%-4.19%
1 Year Performance-8.34%26.29%19.55%7.75%

Synaptics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FORM
FormFactor
2.0576 of 5 stars
$44.32
+0.5%
$41.63
-6.1%
+48.8%$3.43B$663.10M41.812,115Upcoming Earnings
TSEM
Tower Semiconductor
3.0275 of 5 stars
$31.80
+2.5%
$36.33
+14.3%
-29.2%$3.48B$1.42B6.845,613
WOLF
Wolfspeed
2.0679 of 5 stars
$25.42
-0.5%
$43.63
+71.6%
-59.0%$3.20B$921.90M-4.184,802Upcoming Earnings
Analyst Report
Gap Up
DIOD
Diodes
1.7365 of 5 stars
$68.38
+0.7%
$72.40
+5.9%
-14.8%$3.14B$1.66B13.938,635
POWI
Power Integrations
4.4077 of 5 stars
$66.84
-0.5%
$86.17
+28.9%
-11.8%$3.80B$444.54M68.91819Positive News
Gap Up
IPGP
IPG Photonics
4.8883 of 5 stars
$84.84
+0.5%
$117.20
+38.1%
-23.3%$3.91B$1.29B18.366,180Upcoming Earnings
SLAB
Silicon Laboratories
1.9115 of 5 stars
$124.73
+0.3%
$143.29
+14.9%
-30.4%$3.98B$782.26M-110.381,846Analyst Downgrade
News Coverage
Gap Down
KLIC
Kulicke and Soffa Industries
4.0255 of 5 stars
$47.47
0.0%
$62.00
+30.6%
-2.3%$2.67B$742.49M52.753,025Upcoming Earnings
SIMO
Silicon Motion Technology
4.6111 of 5 stars
$73.36
-0.7%
$87.57
+19.4%
+16.2%$2.42B$639.14M46.431,643Upcoming Earnings
Dividend Announcement
OSIS
OSI Systems
4.4124 of 5 stars
$137.31
flat
$163.67
+19.2%
+36.3%$2.34B$1.28B20.846,423News Coverage

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This page (NASDAQ:SYNA) was last updated on 4/25/2024 by MarketBeat.com Staff

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