Synacor, Inc. operates as a technology development, multiplatform services, and revenue partner for video, Internet, and communications providers; and device manufacturers, governments, and enterprises. It enables its customers to provide their consumers engaging, multiscreen experiences with products that require scale, and actionable data and implementation. The company, through its managed portals and advertising solutions, enables its customers to earn revenue by monetizing media among their consumers. It also offers recurring and fee-based revenue solutions, such as Cloud ID Authentication that offers home-based auto-authentication and social login, which enhances the consumer experience by reducing login failures; Email/Collaboration Services that include white-label hosting, security, and migration; and paid content and premium services. The company was formerly known as CKMP, Inc. and changed its name to Synacor, Inc. in July 2001. Synacor, Inc. was founded in 1998 and is headquartered in Buffalo, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Computer programming, data processing, & other computer related
Sub-IndustryInternet Software & Services
SectorComputer and Technology
SymbolNASDAQ:SYNC
CUSIP87156110
Phone716-853-1362
Debt
Debt-to-Equity Ratio0.05
Current Ratio1.36
Quick Ratio1.36
Price-To-Earnings
Trailing P/E Ratio-7.41
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$140.03 million
Price / Sales0.55
Cash Flow$0.0011 per share
Price / Cash1,799.37
Book Value$1.40 per share
Price / Book1.43
Profitability
EPS (Most Recent Fiscal Year)($0.27)
Net Income$-9,770,000.00
Net Margins-3.75%
Return on Equity-12.52%
Return on Assets-6.72%
Miscellaneous
Employees449
Outstanding Shares38,800,000
Market Cap$77.59
Synacor (NASDAQ:SYNC) Frequently Asked Questions
What is Synacor's stock symbol?
Synacor trades on the NASDAQ under the ticker symbol "SYNC."
How were Synacor's earnings last quarter?
Synacor Inc (NASDAQ:SYNC) issued its quarterly earnings results on Wednesday, May, 9th. The information services provider reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.02. The information services provider earned $32.92 million during the quarter. Synacor had a negative return on equity of 12.52% and a negative net margin of 3.75%. View Synacor's Earnings History.
When is Synacor's next earnings date?
What price target have analysts set for SYNC?
2 brokerages have issued 12 month price targets for Synacor's stock. Their forecasts range from $4.00 to $5.00. On average, they expect Synacor's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 125.0% from the stock's current price. View Analyst Ratings for Synacor.
What is the consensus analysts' recommendation for Synacor?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synacor in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Synacor's key competitors?
Some companies that are related to Synacor include Internap (INAP), The Rubicon Project (RUBI), Sify Technologies (SIFY), Edgewater Technology (EDGW), Autoweb (AUTO), Chinanet Online (CNET), GigaMedia (GIGM), MassRoots (MSRT), Professional Diversity Network (IPDN), Blue Sphere Co. common stock (BLSP), FunctionX (FNCX), Infinite Group (IMCI), Moko Social Media (MOKOY) and DecisionPoint Systems (DPSI).
Who are Synacor's key executives?
Synacor's management team includes the folowing people:
- Mr. Himesh Bhise, Pres, CEO & Director (Age 50)
- Mr. William J. Stuart, CFO & Corp. Sec. (Age 66)
- Mr. Steven M. Davi, Exec. VP of Technology (Age 54)
- Ms. Michelle Webb, Corp. Counsel
- Mr. Anand Subramanian, Sr. VP of Strategic Operations
Has Synacor been receiving favorable news coverage?
News articles about SYNC stock have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Synacor earned a media sentiment score of 0.14 on Accern's scale. They also assigned news stories about the information services provider an impact score of 45.22 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
How do I buy shares of Synacor?
Shares of SYNC 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, Scottrade, Fidelity and Charles Schwab.
What is Synacor's stock price today?
One share of SYNC stock can currently be purchased for approximately $2.00.
How big of a company is Synacor?
Synacor has a market capitalization of $77.59 million and generates $140.03 million in revenue each year. The information services provider earns $-9,770,000.00 in net income (profit) each year or ($0.27) on an earnings per share basis. Synacor employs 449 workers across the globe.
How can I contact Synacor?
Synacor's mailing address is 40 LARIVIERE DRIVE SUITE 300, BUFFALO NY, 14202. The information services provider can be reached via phone at 716-853-1362 or via email at [email protected]
MarketBeat Community Rating for Synacor (NASDAQ SYNC)
MarketBeat's community ratings are surveys of what our community members think about Synacor and other stocks. Vote "Outperform" if you believe SYNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SYNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
