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 Ratio0.04
Current Ratio1.28
Quick Ratio1.28
Price-To-Earnings
Trailing P/E Ratio-6.48
Forward P/E Ratio-17.50
P/E GrowthN/A
Sales & Book Value
Annual Sales$140.03 million
Price / Sales0.49
Cash Flow$0.0011 per share
Price / Cash1,619.43
Book Value$1.40 per share
Price / Book1.25
Profitability
EPS (Most Recent Fiscal Year)($0.27)
Net Income$-9,770,000.00
Net Margins-3.18%
Return on Equity-11.18%
Return on Assets-6.10%
Miscellaneous
Employees449
Outstanding Shares38,970,000
Market Cap$70.14 million
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) posted its quarterly earnings results on Wednesday, August, 1st. The information services provider reported ($0.06) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.07) by $0.01. The information services provider had revenue of $35.92 million for the quarter. Synacor had a negative net margin of 3.18% and a negative return on equity of 11.18%. View Synacor's Earnings History.
When is Synacor's next earnings date?
What price target have analysts set for SYNC?
1 Wall Street analysts have issued 1 year target prices for Synacor's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Synacor's stock price to reach $5.00 in the next year. This suggests a possible upside of 185.7% from the stock's current price. View Analyst Price Targets for Synacor.
What is the consensus analysts' recommendation for Synacor?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synacor in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Synacor.
Who are some of Synacor's key competitors?
Some companies that are related to Synacor include Internap (INAP), The Rubicon Project (RUBI), Edgewater Technology (EDGW), Sify Technologies (SIFY), Autoweb (AUTO), GigaMedia (GIGM), Chinanet Online (CNET), MassRoots (MSRT), Professional Diversity Network (IPDN), FunctionX (FNCX), Infinite Group (IMCI), Moko Social Media (MOKOY), Blue Sphere (BLSP) 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, Sr. Advisor (Age 66)
- Mr. Timothy J. Heasley, CFO & Sec. (Age 64)
- Mr. Steven M. Davi, Exec. VP of Technology (Age 54)
- Ms. Michelle Webb, Corp. Counsel
Has Synacor been receiving favorable news coverage?
Media headlines about SYNC stock have trended somewhat positive on Thursday, according to Accern. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Synacor earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave headlines about the information services provider an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Synacor.
Who are Synacor's major shareholders?
Synacor's stock is owned by a number of of retail and institutional investors. Top institutional investors include Ariel Investments LLC (10.25%), Renaissance Technologies LLC (3.55%), Cowen Prime Services LLC (0.80%), NJ State Employees Deferred Compensation Plan (0.49%) and Raffles Associates LP (0.21%). View Institutional Ownership Trends for Synacor.
Which major investors are selling Synacor stock?
Which major investors are buying Synacor stock?
SYNC stock was bought by a variety of institutional investors in the last quarter, including NJ State Employees Deferred Compensation Plan, Cowen Prime Services LLC, Raffles Associates LP and Renaissance Technologies LLC. View Insider Buying and Selling for Synacor.
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 $1.75.
How big of a company is Synacor?
Synacor has a market capitalization of $70.14 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.
