About Synacor (NASDAQ:SYNC)
Synacor, Inc. is a technology development, multiplatform services and revenue partner for video, Internet and communications providers, device manufacturers and enterprises. The Company enables its customers to provide their consumers engaging, multiscreen experiences with products that require scale, actionable data and implementation. Through its Managed Portals and Advertising solutions, the Company enables its customers to earn revenue by monetizing media among their consumers. Its Managed Portals are delivered across devices and under its customers' own brand names. The Company delivers content, such as top news, entertainment, and long- and short-form video and applications, on its Managed Portals. In addition, consumers have the ability through portals to manage their e-mail and messaging, pay bills, receive special promotions and perform other account management needs.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: IT Services & Consulting
- Sub-Industry: Internet Software & Services
- Symbol: NASDAQ:SYNC
- CUSIP: 87156110
- Web: www.synacor.com
Capitalization:- Market Cap: $104.4 million
- Outstanding Shares: 38,668,000
Average Prices:- 50 Day Moving Avg: $2.64
- 200 Day Moving Avg: $3.27
- 52 Week Range: $2.30 - $4.25
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 20.58
- P/E Growth: -0.340
Sales & Book Value:- Annual Revenue: $124.39 million
- Price / Sales: 0.83
- Book Value: $1.35 per share
- Price / Book: 1.98
Profitability:- EBITDA: ($4,340,000.00)
- Net Margins: -13.14%
- Return on Equity: -39.21%
- Return on Assets: -18.35%
Debt:- Debt-to-Equity Ratio: 0.06%
- Current Ratio: 1.23%
- Quick Ratio: 1.23%
Misc:- Average Volume: 196,500 shs.
- Beta: 0.84
- Short Ratio: 2.95
Frequently Asked Questions for Synacor (NASDAQ:SYNC)
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) released its quarterly earnings data on Wednesday, August, 9th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.02. The business had revenue of $31.22 million for the quarter, compared to the consensus estimate of $29.43 million. Synacor had a negative net margin of 13.14% and a negative return on equity of 39.21%. The firm's revenue for the quarter was up 2.4% compared to the same quarter last year. View Synacor's Earnings History.
When will Synacor make its next earnings announcement?
Where is Synacor's stock going? Where will Synacor's stock price be in 2017?
6 analysts have issued 12 month price targets for Synacor's stock. Their forecasts range from $4.00 to $6.00. On average, they expect Synacor's stock price to reach $5.25 in the next twelve months. View Analyst Ratings for Synacor.
What are analysts saying about Synacor stock?
Here are some recent quotes from research analysts about Synacor stock:
- 1. According to Zacks Investment Research, "Synacor, Inc. is a provider of solutions for delivery of online content and services. Synacor clients including cable, telecom, satellite and consumer electronics companies, use Synacor's Platform to deliver TV shows, movies, music, news, games, sports, email, tech support and other value-added services to their end-customers, across multiple connected devices. Its platform includes Website design and development, unified registration and login (single sign-on), billing integration, personalization, video delivery capability, content management system, household management, toolbar and television listings. Synacor, Inc. is headquartered in Buffalo, New York. " (10/18/2017)
- 2. Rosenblatt Securities analysts commented, "We believe that GDPR could drive demand for Zimbra as customers will need to significantly tighten up security in front of the more stringent rules." (6/12/2017)
- 3. Canaccord Genuity analysts commented, "The Trade Desk is a technology solution that enables agencies and other ad buyers to purchase online advertising through its self-service platform, using data to drive the best possible advertising decisions. The company charges its clients (agencies) a technology fee for using its platform, which is transparent and shows detailed performance metrics to its clients. The Trade Desk’s platform allows its clients to buy advertising across a wide swath of digital channels, including Display, Video, Mobile and Native, with TV also coming. TTD generated $203MM in revenue in 2016 and $66MM in EBITDA." (5/11/2017)
- 4. Needham & Company LLC analysts commented, "SYNC reported 4Q16 revenue of $34.9mm, (up 8% y/y and 3% below our estimate), Adjusted EBITDA of $1.2mm (down 59% y/y, but well above our estimate of $0.4mm) and an EPS loss of $0.09 (better than our loss of $0.10 estimate). The good news for SYNC shareholders is that the bulk of the OpEx and CapX spending (nearly $10mm) required to on-board ATT is now behind SYNC. ATT should double SYNC's mobile ad inventory available for sale, although we note that CPMs on mobile platforms are typically 1/3-1/2 of desktop CPMs. We expect the financial benefits from the ATT deal will begin in 3Q17 and extend for the next several years. SYNC continues to guide to $300mm of revenue in FY19. We retain our Hold rating, awaiting data about the ROI levels on SYNC's ATT investment." (3/16/2017)
Who are some of Synacor's key competitors?
Some companies that are related to Synacor include Liquidity Services (LQDT), Servelec Group PLC (SERV), SQS Software Quality Systems AG (SQS), Cohort PLC (CHRT), PFSweb (PFSW), Tracsis Plc (TRCS), ARI Network Services (ARIS), ModusLink Global Solutions (MLNK), Redcentric PLC (RCN), eGain Corporation (EGAN), Monitise Plc (MONI), eServGlobal Limited (ESG), Eagle Eye Solutions Group PLC (EYE), Coretx Holdings PLC (COR), WidePoint (WYY), Castleton Technology PLC (CTP), Seeing Machines Limited (SEE) and Watchstone Group PLC (QPP).
Who are Synacor's key executives?
Synacor's management team includes the folowing people:
- Jordan A. Levy, Independent Chairman of the Board
- Himesh Bhise, President, Chief Executive Officer, Director
- William J. Stuart, Chief Financial Officer
- George G. Chamoun, President - Sales & Marketing, Director
- Timothy Schermerhorn, Senior Vice President - Service Provider Sales and Marketing
- Michael Bishara, Senior Vice President of Product & General Manager of TV Everywhere
- Steve Davi, Senior Vice President - Software Engineering
- Anand Subramanian, Senior Vice President - Strategic Operations
- David Ho, Vice President - Professional Services
- Steve Oroszlan, Vice President - Business Development
How do I buy Synacor stock?
Shares of Synacor can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Synacor's stock price today?
One share of Synacor stock can currently be purchased for approximately $2.68.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Synacor (NASDAQ:SYNC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 4 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $5.25 (96.26% upside) |
Consensus Price Target History for Synacor (NASDAQ:SYNC)
Analysts' Ratings History for Synacor (NASDAQ:SYNC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/10/2017 | Canaccord Genuity | Lower Price Target | Buy | $8.00 -> $6.00 | High |  |
| 8/10/2017 | Craig Hallum | Downgrade | Buy -> Hold | $3.55 -> $4.00 | High | |
| 6/12/2017 | Rosenblatt Securities | Reiterated Rating | Buy | $5.50 | Low | |
| 3/16/2017 | Needham & Company LLC | Reiterated Rating | Hold | | Low | |
| 2/13/2017 | Lake Street Capital | Initiated Coverage | Buy | $5.50 | N/A | |
| 10/18/2016 | Ladenburg Thalmann Financial Services | Initiated Coverage | Buy | | N/A | |
(Data available from 10/18/2015 forward)
Earnings History for Synacor (NASDAQ:SYNC)Earnings History by Quarter for Synacor (NASDAQ SYNC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/13/2017 | | ($0.05) | | | | | N/A | |
| 8/9/2017 | Q2 2017 | ($0.11) | ($0.09) | $29.43 million | $31.22 million | View | Listen | |
| 5/10/2017 | Q1 2017 | ($0.20) | ($0.21) | $27.31 million | $26.50 million | View | N/A | |
| 3/15/2017 | Q4 2016 | ($0.10) | ($0.10) | $34.70 million | $34.92 million | View | N/A | |
| 11/14/2016 | Q316 | ($0.19) | ($0.11) | $30.69 million | $31.70 million | View | N/A | |
| 8/3/2016 | Q216 | ($0.10) | ($0.09) | $30.50 million | $30.50 million | View | N/A | |
| 5/10/2016 | Q1 | ($0.09) | ($0.05) | $28.60 million | $30.30 million | View | Listen | |
| 3/16/2016 | Q4 | ($0.03) | ($0.01) | | $32.40 million | View | Listen | |
| 11/11/2015 | Q315 | ($0.06) | ($0.03) | $23.47 million | $26.40 million | View | Listen | |
| 8/4/2015 | Q215 | ($0.04) | ($0.04) | $25.07 million | $24.72 million | View | Listen | |
| 4/30/2015 | Q1 | ($0.03) | ($0.04) | $26.30 million | $26.70 million | View | Listen | |
| 2/25/2015 | Q414 | $0.01 | $0.04 | $26.70 million | $30.90 million | View | Listen | |
| 10/30/2014 | Q314 | ($0.06) | ($0.09) | $29.40 million | $26.20 million | View | N/A | |
| 8/12/2014 | Q214 | ($0.09) | ($0.07) | $24.12 million | $24.20 million | View | N/A | |
| 5/13/2014 | Q114 | ($0.05) | ($0.05) | $24.55 million | $25.20 million | View | N/A | |
| 3/5/2014 | Q413 | ($0.01) | $0.01 | $28.51 million | $29.40 million | View | N/A | |
| 11/5/2013 | Q313 | ($0.04) | ($0.03) | $25.42 million | $26.55 million | View | N/A | |
| 8/6/2013 | Q2 2013 | ($0.02) | ($0.02) | $27.08 million | $26.70 million | View | N/A | |
| 5/7/2013 | Q1 2013 | $0.01 | $0.02 | $29.10 million | $29.10 million | View | N/A | |
| 2/20/2013 | Q1 2013 | $0.04 | $0.03 | $32.09 million | $32.18 million | View | N/A | |
| 10/24/2012 | Q312 | $0.02 | $0.02 | $28.34 million | $28.30 million | View | N/A | |
| 7/25/2012 | | $0.04 | $0.04 | | | View | N/A | |
| 4/25/2012 | | $0.03 | $0.06 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Synacor (NASDAQ:SYNC)2017 EPS Consensus Estimate: ($0.30)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.12) | ($0.12) | ($0.12) |
| Q2 2017 | 1 | ($0.08) | ($0.08) | ($0.08) |
| Q3 2017 | 1 | ($0.05) | ($0.05) | ($0.05) |
| Q4 2017 | 1 | ($0.05) | ($0.05) | ($0.05) |
(Data provided by Zacks Investment Research)
Dividend History for Synacor (NASDAQ:SYNC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Synacor (NASDAQ:SYNC)Insider Ownership Percentage: 21.90%
Institutional Ownership Percentage: 28.08%
Insider Trades by Quarter for Synacor (NASDAQ:SYNC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/14/2017 | William John Stuart | CFO | Buy | 10,000 | $2.50 | $25,000.00 | |
| 6/13/2016 | Jordan Levy | Director | Sell | 25,000 | $3.08 | $77,000.00 | |
| 6/6/2016 | Jordan Levy | Director | Sell | 25,000 | $3.03 | $75,750.00 | |
| 3/16/2015 | Jordan Levy | Director | Buy | 7,500 | $2.38 | $17,850.00 | |
| 3/11/2015 | Gary L Ginsberg | Director | Buy | 20,000 | $2.34 | $46,800.00 | |
| 3/9/2015 | Gary L Ginsberg | Director | Buy | 5,000 | $2.31 | $11,550.00 | |
| 3/5/2015 | William John Stuart | CFO | Buy | 15,000 | $2.16 | $32,400.00 | |
| 3/3/2015 | Himesh Bhise | CEO | Buy | 16,000 | $2.23 | $35,680.00 | |
| 3/3/2015 | Marwan Fawaz | Director | Buy | 25,000 | $2.18 | $54,500.00 | |
| 7/24/2014 | Ronald N Frankel | CEO | Sell | 11,500 | $2.43 | $27,945.00 | |
| 7/15/2014 | Ronald N Frankel | CEO | Sell | 11,500 | $2.52 | $28,980.00 | |
| 7/2/2014 | Ronald N Frankel | CEO | Sell | 11,500 | $2.56 | $29,440.00 | |
| 6/18/2014 | Ronald N Frankel | CEO | Sell | 11,500 | $2.33 | $26,795.00 | |
| 5/22/2014 | Ronald N Frankel | CEO | Sell | 11,500 | $2.26 | $25,990.00 | |
| 4/24/2014 | Ronald Frankel | CEO | Sell | 11,500 | $2.46 | $28,290.00 | |
| 4/15/2014 | George Chamoun | EVP | Sell | 5,000 | $2.54 | $12,700.00 | |
| 4/9/2014 | Ronald Frankel | CEO | Sell | 11,500 | $2.50 | $28,750.00 | |
| 3/27/2014 | Ronald Frankel | CEO | Sell | 11,500 | $2.45 | $28,175.00 | |
| 3/13/2014 | Ronald Frankel | CEO | Sell | 11,500 | $2.62 | $30,130.00 | |
| 2/12/2014 | Ronald Frankel | CEO | Sell | 11,500 | $2.49 | $28,635.00 | |
| 1/30/2014 | Ronald Frankel | CEO | Sell | 11,500 | $2.42 | $27,830.00 | |
| 1/15/2014 | George Chamoun | EVP | Sell | 5,000 | $2.60 | $13,000.00 | |
| 1/15/2014 | Ronald Frankel | CEO | Sell | 11,500 | $2.60 | $29,900.00 | |
| 1/2/2014 | Ronald Frankel | CEO | Sell | 11,500 | $2.48 | $28,520.00 | |
| 12/19/2013 | Ronald Frankel | CEO | Sell | 11,500 | $2.55 | $29,325.00 | |
| 12/6/2013 | Ronald Frankel | CEO | Sell | 11,500 | $2.70 | $31,050.00 | |
| 10/23/2013 | Ronald N Frankel | CEO | Sell | 11,500 | $2.45 | $28,175.00 | |
| 10/10/2013 | Ronald Frankel | CEO | Sell | 11,500 | $2.37 | $27,255.00 | |
| 3/15/2013 | Michael J Montgomery | Director | Buy | 40,000 | $3.02 | $120,800.00 | |
| 3/14/2013 | Jordan Levy | Director | Buy | 33,000 | $2.99 | $98,670.00 | |
| 11/26/2012 | Pacven Walden Management Co. L | Director | Sell | 45,600 | $5.05 | $230,280.00 | |
| 11/12/2012 | Pacven Walden Management Co. L | Major Shareholder | Sell | 50,600 | $4.71 | $238,326.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Synacor (NASDAQ:SYNC)
Latest Headlines for Synacor (NASDAQ:SYNC)
| Source: |
|
| Date | Headline |
|---|
 | Synacor staying put after renovation of downtown HQ
www.bizjournals.com - October 17 at 7:50 AM |
 | Synacor, Inc. (SYNC) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - October 12 at 8:54 AM |
| Synacor, Inc. (SYNC) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - October 8 at 7:56 AM |
 | ETFs with exposure to Synacor, Inc. : October 3, 2017
finance.yahoo.com - October 3 at 1:17 PM |
| ETFs with exposure to Synacor, Inc. : September 19, 2017
finance.yahoo.com - September 20 at 9:44 AM |
| Synacor, Inc. :SYNC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 18, 2017
finance.yahoo.com - September 19 at 8:16 AM |
| Synacor, Inc. (SYNC) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 17 at 8:40 AM |
| Contrasting Synacor (SYNC) & F5 Networks (FFIV)
www.americanbankingnews.com - September 11 at 8:36 PM |
| Head to Head Analysis: Synacor (SYNC) and eGain Corporation (EGAN)
www.americanbankingnews.com - August 29 at 6:22 AM |
| Synacor, Inc. (SYNC) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - August 23 at 8:37 AM |
| Synacor, Inc. (NASDAQ:SYNC) CFO William John Stuart Buys 10,000 Shares
www.americanbankingnews.com - August 15 at 12:16 AM |
| Head to Head Comparison: Premiere Global Services (PGI) vs. Synacor (SYNC)
www.americanbankingnews.com - August 14 at 4:22 AM |
| See what the IHS Markit Score report has to say about Synacor Inc.
finance.yahoo.com - August 12 at 8:19 AM |
| See what the IHS Markit Score report has to say about Synacor Inc.
finance.yahoo.com - August 12 at 8:19 AM |
| Synacor, Inc. (NASDAQ:SYNC) Issues Earnings Results
www.americanbankingnews.com - August 10 at 10:24 PM |
| Synacor, Inc. (NASDAQ:SYNC) Price Target Cut to $6.00 by Analysts at Canaccord Genuity
www.americanbankingnews.com - August 10 at 6:26 PM |
| GCI Taps Synacor for Hosted Email and TV Authentication
finance.yahoo.com - August 10 at 4:18 PM |
 | Synacor Exceeds Second-Quarter 2017 Financial Guidance ... - Business Wire (press release)
www.businesswire.com - August 10 at 8:30 AM |
 | BUZZ-US STOCKS ON THE MOVE-Perrigo, Chicago Bridge, Galapagos, Synacor - Nasdaq
www.nasdaq.com - August 10 at 8:30 AM |
| Synacor Exceeds Second-Quarter 2017 Financial Guidance; Remains on Path to ‘3/30/300’
finance.yahoo.com - August 10 at 8:30 AM |
| Edited Transcript of SYNC earnings conference call or presentation 9-Aug-17 9:00pm GMT
finance.yahoo.com - August 10 at 8:30 AM |
| Synacor to Present at the Canaccord Genuity 37th Annual Growth Conference
finance.yahoo.com - August 4 at 8:47 AM |
| Synacor (SYNC) Shows Strength: Stock Adds 5.4% in Session
finance.yahoo.com - August 2 at 7:34 AM |
| Mahanakorn University of Technology and Synacor Launch Zimbra Innovation Center
finance.yahoo.com - August 2 at 7:34 AM |
| Synacor, Inc. (SYNC) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - July 29 at 8:38 AM |
| Synacor to Host Second Quarter 2017 Financial Results Conference Call on August 9, 2017
finance.yahoo.com - July 28 at 8:32 AM |
| Synacor, Inc. (SYNC) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:41 AM |
| ETFs with exposure to Synacor, Inc. : July 13, 2017
finance.yahoo.com - July 14 at 8:53 AM |
| Synacor, Inc. (SYNC) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - July 4 at 9:16 AM |
| Synacor (SYNC) Catches Eye: Stock Adds 5.8% in Session - Nasdaq
www.nasdaq.com - June 30 at 7:06 AM |
 | After-Hours Stock Movers 04/05: (YUMC) (PLUG) (JAZZ) Higher; (SYNC) (CAFD) (RECN) Lower (more...)
www.streetinsider.com - April 7 at 10:59 PM |
 | Mid-Day Market Update: Crude Oil Up Over 1%; Synacor Shares Plunge
feeds.benzinga.com - April 6 at 1:27 PM |
 | Synacor extends Qwest services deal to at least 2020
seekingalpha.com - April 3 at 7:01 PM |
| SYNACOR, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 22 at 8:00 PM |
| Synacor, Inc. - Seeking Alpha
seekingalpha.com - March 16 at 2:07 AM |
| Earnings Reaction History: Synacor Inc., 50.0% Follow-Through ... - Nasdaq
www.nasdaq.com - March 16 at 2:07 AM |
| Q4 2016 Synacor Inc Earnings Release - After Market Close
biz.yahoo.com - March 15 at 9:04 PM |
| SYNACOR, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
biz.yahoo.com - March 15 at 9:04 PM |
| Synacor's Q4 2016, outlook largely at or below expectations
seekingalpha.com - March 15 at 6:39 PM |
| Synacor (SYNC) Contract with Google (GOOGL) Extended Through Feb 28, 2018 - StreetInsider.com
www.streetinsider.com - January 23 at 10:57 PM |
| SYNACOR, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement
biz.yahoo.com - January 23 at 10:57 PM |
Synacor (SYNC) Chart for Wednesday, October, 18, 2017
