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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
NASDAQ:SYNH

Syneos Health - SYNH Stock Forecast, Price & News

$68.88
-0.58 (-0.84%)
(As of 08/12/2022 09:15 PM ET)
Add
Compare
Today's Range
$68.46
$69.46
50-Day Range
$63.06
$79.14
52-Week Range
$62.28
$104.18
Volume
379,000 shs
Average Volume
675,038 shs
Market Capitalization
$7.07 billion
P/E Ratio
25.89
Dividend Yield
N/A
Price Target
$84.67

Syneos Health MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
22.9% Upside
$84.67 Price Target
Short Interest
Healthy
1.95% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.00
Upright™ Environmental Score
News Sentiment
-0.20mentions of Syneos Health in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$1.65 M Sold Last Quarter
Proj. Earnings Growth
6.17%
From $4.54 to $4.82 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.43 out of 5 stars

Medical Sector

264th out of 1,135 stocks

Commercial Physical Research Industry

6th out of 17 stocks

SYNH stock logo

About Syneos Health (NASDAQ:SYNH) Stock

Syneos Health, Inc. provides biopharmaceutical outsourcing solutions company in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. It operates through two segments, Clinical Solutions and Commercial Solutions. The Clinical Solutions segment offers services for the development of diagnostics, drugs, biologics, devices, and digital therapeutics in the Phase I to IV of clinical development. This segment also provides individual services, including product development and regulatory consulting, project management, protocol development, investigational site recruitment, clinical monitoring, technology-enabled patient recruitment and engagement, clinical home health, clinical trial diversity, biometric, and regulatory affair services. The Commercial Solutions segment provides commercialization services, including deployment solutions, communications solutions, such as public relations, advertising, and medical communication services; and consulting services to the pharmaceutical, biotechnology, and healthcare industries. The company was formerly known as INC Research Holdings, Inc. and changed its name to Syneos Health, Inc. in January 2018. Syneos Health, Inc. was incorporated in 2010 and is headquartered in Morrisville, North Carolina.

Syneos Health Price Performance

Shares of Syneos Health stock traded down $0.58 during trading on Friday, reaching $68.88. 379,043 shares of the stock traded hands, compared to its average volume of 771,714. The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 25.89 and a beta of 1.68. The business has a fifty day simple moving average of $71.04 and a two-hundred day simple moving average of $75.85. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.10 and a quick ratio of 1.10. Syneos Health has a 52-week low of $62.28 and a 52-week high of $104.18.

Syneos Health (NASDAQ:SYNH - Get Rating) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $1.08 by $0.17. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.39 billion. Syneos Health had a return on equity of 14.04% and a net margin of 5.13%. The business's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.86 earnings per share. Sell-side analysts expect that Syneos Health will post 4.54 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SYNH. Barclays decreased their target price on Syneos Health from $90.00 to $80.00 in a report on Wednesday, August 3rd. TheStreet lowered Syneos Health from a "b" rating to a "c+" rating in a research note on Wednesday, May 18th. William Blair lowered Syneos Health from an "outperform" rating to a "market perform" rating in a research note on Wednesday, August 3rd. Robert W. Baird cut their price target on Syneos Health to $89.00 in a research note on Tuesday, August 9th. Finally, Citigroup cut their price target on Syneos Health from $80.00 to $70.00 in a research note on Wednesday, August 3rd. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $84.67.

Insider Buying and Selling

In related news, COO Michael Lee Brooks sold 1,002 shares of Syneos Health stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $78.00, for a total value of $78,156.00. Following the completion of the transaction, the chief operating officer now owns 47,552 shares in the company, valued at $3,709,056. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Syneos Health news, CEO Michelle Keefe sold 8,333 shares of the firm's stock in a transaction dated Monday, July 18th. The shares were sold at an average price of $72.81, for a total value of $606,725.73. Following the completion of the sale, the chief executive officer now owns 71,266 shares of the company's stock, valued at $5,188,877.46. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Michael Lee Brooks sold 1,002 shares of the firm's stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $78.00, for a total transaction of $78,156.00. Following the completion of the sale, the chief operating officer now directly owns 47,552 shares of the company's stock, valued at approximately $3,709,056. The disclosure for this sale can be found here. Over the last quarter, insiders sold 22,403 shares of company stock worth $1,646,313. Corporate insiders own 0.34% of the company's stock.

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SYNH Stock News Headlines

Analysts Set Syneos Health, Inc. (NASDAQ:SYNH) PT at $84.67
Syneos Health (NASDAQ:SYNH) Downgraded by William Blair
Syneos Health (NASDAQ:SYNH) Price Target Cut to $70.00
Update: SYNH and GLDD, August 2
Syneos Health Reports Second Quarter 2022 Results
Syneos Health (SYNH) Beats Q2 Earnings Estimates
Michelle Keefe Joins Tandym Group as Board Member
See More Headlines
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SYNH Company Calendar

Last Earnings
8/02/2022
Today
8/14/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Commercial physical research
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:SYNH
Employees
28,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$84.67
High Stock Price Forecast
$105.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+22.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$234.83 million
Pretax Margin
6.91%

Debt

Sales & Book Value

Annual Sales
$5.21 billion
Cash Flow
$6.29 per share
Book Value
$32.43 per share

Miscellaneous

Free Float
102,304,000
Market Cap
$7.07 billion
Optionable
Optionable
Beta
1.68














SYNH Stock - Frequently Asked Questions

Should I buy or sell Syneos Health stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Syneos Health in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SYNH shares.
View SYNH analyst ratings
or view top-rated stocks.

What is Syneos Health's stock price forecast for 2022?

9 brokers have issued twelve-month price objectives for Syneos Health's stock. Their SYNH share price forecasts range from $70.00 to $105.00. On average, they predict the company's share price to reach $84.67 in the next year. This suggests a possible upside of 22.9% from the stock's current price.
View analysts price targets for SYNH
or view top-rated stocks among Wall Street analysts.

How have SYNH shares performed in 2022?

Syneos Health's stock was trading at $102.68 on January 1st, 2022. Since then, SYNH stock has decreased by 32.9% and is now trading at $68.88.
View the best growth stocks for 2022 here
.

When is Syneos Health's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our SYNH earnings forecast
.

How were Syneos Health's earnings last quarter?

Syneos Health, Inc. (NASDAQ:SYNH) announced its quarterly earnings data on Tuesday, August, 2nd. The company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.17. The business earned $1.36 billion during the quarter, compared to the consensus estimate of $1.39 billion. Syneos Health had a trailing twelve-month return on equity of 14.04% and a net margin of 5.13%. The business's quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.86 earnings per share.

What guidance has Syneos Health issued on next quarter's earnings?

Syneos Health issued an update on its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of $4.97-$5.11 for the period, compared to the consensus estimate of $5.11. The company issued revenue guidance of $5.44 billion-$5.54 billion, compared to the consensus revenue estimate of $5.66 billion.

What is Alistair Macdonald's approval rating as Syneos Health's CEO?

322 employees have rated Syneos Health Chief Executive Officer Alistair Macdonald on Glassdoor.com. Alistair Macdonald has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Syneos Health own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Syneos Health investors own include NVIDIA (NVDA), Pfizer (PFE), Block (SQ), Advanced Micro Devices (AMD), Boeing (BA), Alibaba Group (BABA), ICON Public (ICLR), Netflix (NFLX), AbbVie (ABBV) and Intel (INTC).

What is Syneos Health's stock symbol?

Syneos Health trades on the NASDAQ under the ticker symbol "SYNH."

Who are Syneos Health's major shareholders?

Syneos Health's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Clearbridge Investments LLC (4.02%), FMR LLC (3.83%), Massachusetts Financial Services Co. MA (3.05%), Cooke & Bieler LP (2.77%), Mackenzie Financial Corp (2.20%) and JPMorgan Chase & Co. (2.12%). Insiders that own company stock include Alistair Macdonald, Donna Hildebrand Kralowetz, International Corp/Ma Advent, Jason M Meggs, John L Maldonado, John M Dineen, Jonathan Olefson, Linda S Harty, Mark E Jagiela, Matthew E Monaghan, Matthew E Monaghan, Michael Lee Brooks, Michelle Keefe, Paul Colvin, Robert Parks, Thomas H Lee Advisors, Llc and Tom Allen.
View institutional ownership trends
.

How do I buy shares of Syneos Health?

Shares of SYNH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Syneos Health's stock price today?

One share of SYNH stock can currently be purchased for approximately $68.88.

How much money does Syneos Health make?

Syneos Health (NASDAQ:SYNH) has a market capitalization of $7.07 billion and generates $5.21 billion in revenue each year. The company earns $234.83 million in net income (profit) each year or $2.66 on an earnings per share basis.

How many employees does Syneos Health have?

The company employs 28,000 workers across the globe.

How can I contact Syneos Health?

Syneos Health's mailing address is 1030 Sync Street, Morrisville NC, 27560. The official website for the company is www.syneoshealth.com. The company can be reached via phone at (919) 876-9300, via email at investor.relations@syneoshealth.com, or via fax at 919-876-9360.

This page (NASDAQ:SYNH) was last updated on 8/15/2022 by MarketBeat.com Staff

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