NASDAQ:SYNCSynacor Stock Price, Forecast & News

Synacor's stock was trading at $1.04 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SYNC stock has increased by 4.8% and is now trading at $1.09. View which stocks have been most impacted by Coronavirus.

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." View analyst ratings for Synacor.

Synacor is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Synacor.

Synacor Inc (NASDAQ:SYNC) announced its earnings results on Wednesday, May, 6th. The information services provider reported ($0.08) EPS for the quarter, beating the Zacks' consensus estimate of ($0.10) by $0.02. The information services provider earned $20.58 million during the quarter. Synacor had a negative return on equity of 14.62% and a negative net margin of 10.22%. View Synacor's earnings history.

Synacor issued an update on its FY 2020 After-Hours earnings guidance on Tuesday, March, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $95-102 million, compared to the consensus revenue estimate of $100.07 million.

News stories about SYNC stock have been trending somewhat negative on Friday, according to InfoTrie. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Synacor earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave media stories about the information services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutSynacor.

Synacor saw a decline in short interest in May. As of May 15th, there was short interest totaling 74,100 shares, a decline of 89.8% from the April 30th total of 724,900 shares. Based on an average trading volume of 187,800 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company's shares are short sold. View Synacor's Current Options Chain.

Some companies that are related to Synacor include Facebook (FB), Equinix (EQIX), eBay (EBAY), CoStar Group (CSGP), SEA (SE), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), J2 Global (JCOM), Stamps.com (STMP), Cimpress (CMPR) and Cornerstone OnDemand (CSOD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Synacor investors own include Golar LNG (GLNG), Melco Resorts & Entertainment (MLCO), Vereit (VER), GlaxoSmithKline (GSK), Virtu Financial (VIRT), Nokia Oyj (NOK), LightPath Technologies (LPTH), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY) and Novavax (NVAX).

Synacor trades on the NASDAQ under the ticker symbol "SYNC."

Synacor's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Fondren Management LP (5.41%), Raffles Associates LP (3.36%), Cowen Prime Services LLC (0.55%) and BlackRock Inc. (0.25%). Company insiders that own Synacor stock include Elisabeth B Donohue, Himesh Bhise, Kevin Rendino, Marwan Fawaz, Scott Murphy and Timothy J Heasley. View institutional ownership trends for Synacor.

SYNC stock was sold by a variety of institutional investors in the last quarter, including Cowen Prime Services LLC, and BlackRock Inc.. View insider buying and selling activity for Synacor.

SYNC stock was purchased by a variety of institutional investors in the last quarter, including Raffles Associates LP, and Fondren Management LP. Company insiders that have bought Synacor stock in the last two years include Elisabeth B Donohue, Himesh Bhise, Kevin Rendino, Marwan Fawaz, Scott Murphy, and Timothy J Heasley. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of SYNC stock can currently be purchased for approximately $1.09.

Synacor has a market capitalization of $43.00 million and generates $121.85 million in revenue each year. Synacor employs 407 workers across the globe.

The official website for Synacor is www.synacor.com.

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]