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NASDAQ:SYNHSyneos Health Stock Price, Forecast & News

$60.99
-0.13 (-0.21 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$58.71
Now: $60.99
$61.30
50-Day Range
$46.56
MA: $53.88
$62.43
52-Week Range
$30.02
Now: $60.99
$74.25
Volume672,694 shs
Average Volume455,306 shs
Market Capitalization$6.35 billion
P/E Ratio32.97
Dividend YieldN/A
Beta1.79
Syneos Health, Inc. operates as an integrated biopharmaceutical 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 various clinical development services spanning Phase I to Phase IV, including full-service global studies, as well as clinical monitoring, investigator recruitment, patient recruitment, data management, and study startup to assist customers with drug development process. The Commercial Solutions segment provides commercialization services, including medication adherence, communications, and consulting services. Its customers include small, mid-sized, and large companies in the pharmaceutical, biotechnology, and medical device 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.27 out of 5 stars


Industry, Sector and Symbol

Industry Commercial physical research
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:SYNH
CUSIPN/A
Phone919-876-9300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.68 billion
Cash Flow$5.20 per share
Book Value$28.59 per share

Profitability

Net Income$131.26 million

Miscellaneous

Employees24,000
Market Cap$6.35 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Syneos Health (NASDAQ:SYNH) Frequently Asked Questions

How has Syneos Health's stock been impacted by COVID-19 (Coronavirus)?

Syneos Health's stock was trading at $57.30 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SYNH shares have increased by 6.4% and is now trading at $60.99. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Syneos Health?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Syneos Health in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Syneos Health.

When is Syneos Health's next earnings date?

Syneos Health is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Syneos Health.

How were Syneos Health's earnings last quarter?

Syneos Health Inc (NASDAQ:SYNH) released its quarterly earnings data on Thursday, April, 30th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.04. The firm earned $1.16 billion during the quarter, compared to the consensus estimate of $1.14 billion. Syneos Health had a net margin of 4.13% and a return on equity of 10.33%. The company's revenue was up 4.0% compared to the same quarter last year. During the same period last year, the company posted $0.59 earnings per share. View Syneos Health's earnings history.

What price target have analysts set for SYNH?

11 Wall Street analysts have issued 12-month price objectives for Syneos Health's stock. Their forecasts range from $42.00 to $82.00. On average, they expect Syneos Health's stock price to reach $60.45 in the next twelve months. This suggests that the stock has a possible downside of 0.9%. View analysts' price targets for Syneos Health.

Has Syneos Health been receiving favorable news coverage?

News articles about SYNH stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Syneos Health earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutSyneos Health.

Are investors shorting Syneos Health?

Syneos Health saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,030,000 shares, an increase of 5.1% from the April 30th total of 5,740,000 shares. Based on an average daily volume of 812,200 shares, the days-to-cover ratio is currently 7.4 days. Approximately 9.7% of the shares of the company are short sold. View Syneos Health's Current Options Chain.

Who are some of Syneos Health's key competitors?

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 Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Square (SQ), AT&T (T), CVS Health (CVS), Gilead Sciences (GILD), UnitedHealth Group (UNH), Visa (V) and Delta Air Lines (DAL).

Who are Syneos Health's key executives?

Syneos Health's management team includes the following people:
  • Mr. Alistair Macdonald, CEO & Director (Age 49)
  • Mr. Jason M. Meggs, Chief Financial Officer (Age 43)
  • Mr. Jonathan Olefson, Gen. Counsel & Corp. Sec. (Age 43)
  • Mr. Michael Adam Bell, Consultant (Age 63)
  • Mr. Robert Parks, Exec. VP & Chief Accounting Officer

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.18%), Clearbridge Investments LLC (3.37%), ArrowMark Colorado Holdings LLC (2.32%), Mackenzie Financial Corp (2.15%), State Street Corp (1.90%) and JPMorgan Chase & Co. (1.79%). Company insiders that own Syneos Health stock include Alistair Macdonald, H Lee Equity Fund Vi Thomas, Jason M Meggs, Jonathan Olefson, Michelle Keefe, Paul Colvin and Robert Parks. View institutional ownership trends for Syneos Health.

Which institutional investors are selling Syneos Health stock?

SYNH stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Mackenzie Financial Corp, BlackRock Inc., Principal Financial Group Inc., Clearbridge Investments LLC, Nuveen Asset Management LLC, Magnetar Financial LLC, and Bank of New York Mellon Corp. Company insiders that have sold Syneos Health company stock in the last year include Michelle Keefe, and Robert Parks. View insider buying and selling activity for Syneos Health.

Which institutional investors are buying Syneos Health stock?

SYNH stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., ArrowMark Colorado Holdings LLC, JPMorgan Chase & Co., AQR Capital Management LLC, Massachusetts Financial Services Co. MA, Geode Capital Management LLC, and Mutual of America Capital Management LLC. Company insiders that have bought Syneos Health stock in the last two years include Jason M Meggs, Jonathan Olefson, and Paul Colvin. View insider buying and selling activity for Syneos Health.

How do I buy shares of Syneos Health?

Shares of SYNH 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.

What is Syneos Health's stock price today?

One share of SYNH stock can currently be purchased for approximately $60.99.

How big of a company is Syneos Health?

Syneos Health has a market capitalization of $6.35 billion and generates $4.68 billion in revenue each year. The company earns $131.26 million in net income (profit) each year or $2.83 on an earnings per share basis. Syneos Health employs 24,000 workers across the globe.

What is Syneos Health's official website?

The official website for Syneos Health is www.syneoshealth.com.

How can I contact Syneos Health?

Syneos Health's mailing address is 1030 Sync Street, Morrisville NC, 27560. The company can be reached via phone at 919-876-9300 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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