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 unbundled service offerings, such 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 outsourced field selling solutions, 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 Raleigh, North Carolina.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Commercial physical research
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:SYNH
CUSIPN/A
Phone919-876-9300
Debt
Debt-to-Equity Ratio1.01
Current Ratio1.09
Quick Ratio1.09
Price-To-Earnings
Trailing P/E Ratio25.88
Forward P/E Ratio21.27
P/E Growth1.17
Sales & Book Value
Annual Sales$2.67 billion
Price / Sales1.93
Cash Flow$3.9311 per share
Price / Cash12.77
Book Value$28.97 per share
Price / Book1.73
Profitability
EPS (Most Recent Fiscal Year)$1.94
Net Income$-138,460,000.00
Net Margins-5.50%
Return on Equity8.79%
Return on Assets3.53%
Miscellaneous
Employees21,000
Outstanding Shares102,780,000
Market Cap$4,959.19
Syneos Health (NASDAQ:SYNH) Frequently Asked Questions
What is Syneos Health's stock symbol?
Syneos Health trades on the NASDAQ under the ticker symbol "SYNH."
How were Syneos Health's earnings last quarter?
Syneos Health Inc (NASDAQ:SYNH) issued its quarterly earnings results on Wednesday, May, 9th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.51 by $0.04. The company had revenue of $761 million for the quarter, compared to the consensus estimate of $767.24 million. Syneos Health had a positive return on equity of 8.79% and a negative net margin of 5.50%. The firm's quarterly revenue was up 201.9% on a year-over-year basis. View Syneos Health's Earnings History.
When is Syneos Health's next earnings date?
What guidance has Syneos Health issued on next quarter's earnings?
Syneos Health issued an update on its FY18 earnings guidance on Wednesday, May, 9th. The company provided earnings per share guidance of $2.52-$2.80 for the period, compared to the Thomson Reuters consensus estimate of $2.63. The company issued revenue guidance of $3.235-$3.340, compared to the consensus revenue estimate of $3.24 billion.
What price target have analysts set for SYNH?
10 brokers have issued twelve-month price objectives for Syneos Health's shares. Their predictions range from $41.00 to $65.00. On average, they expect Syneos Health's stock price to reach $50.7778 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View Analyst Ratings for Syneos Health.
What is the consensus analysts' recommendation for Syneos Health?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Syneos Health in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Syneos Health's key competitors?
Some companies that are related to Syneos Health include Incyte (INCY), EXACT Sciences (EXAS), Icon (ICLR), PRA Health Sciences (PRAH), Exelixis (EXEL), Charles River Laboratories Intl. (CRL), BTG (BTGGF), Intrexon (XON), Medpace (MEDP), National Research (NRCIB), National Research (NRCIA), Sorrento Therapeutics (SRNE), Eloxx Pharmaceuticals (ELOX), Pieris Pharmaceuticals (PIRS) and VIRALYTICS Ltd/S (VRACY).
Who are Syneos Health's key executives?
Syneos Health's management team includes the folowing people:
- Mr. Alistair MacDonald, CEO & Director (Age 48)
- Dr. Michael Gibertini Ph.D., Pres of Clinical Devel. for Therapeutic Bus. Units (Age 60)
- Mr. Jason M. Meggs, Exec. VP, Interim CFO & Principal Accounting Officer (Age 42)
- Dr. Judith Ng-Cashin, Chief Scientific Officer
- Ms. Rachel Stahler, Chief Information Officer (Age 42)
Has Syneos Health been receiving favorable news coverage?
News articles about SYNH stock have been trending positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Syneos Health earned a daily sentiment score of 0.26 on Accern's scale. They also gave media stories about the company an impact score of 44.75 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Syneos Health's major shareholders?
Syneos Health's stock is owned by many different of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.63%), Pendal Group Ltd (0.04%), Municipal Employees Retirement System of Michigan (0.01%) and Hartford Investment Management Co. (0.01%). Company insiders that own Syneos Health stock include Alistair Macdonald, Avista Capital Partners Ii Gp,, Christopher L Gaenzle, D Jamie Macdonald, David F Burgstahler, Gregory S Rush, Robert W Breckon and Teachers Pension Plan Ontario. 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 Municipal Employees Retirement System of Michigan. Company insiders that have sold Syneos Health company stock in the last year include Alistair Macdonald, Christopher L Gaenzle and Gregory S Rush. View Insider Buying and Selling for Syneos Health.
Which institutional investors are buying Syneos Health stock?
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, Scottrade, Fidelity and Charles Schwab.
What is Syneos Health's stock price today?
One share of SYNH stock can currently be purchased for approximately $50.20.
How big of a company is Syneos Health?
Syneos Health has a market capitalization of $4.96 billion and generates $2.67 billion in revenue each year. The company earns $-138,460,000.00 in net income (profit) each year or $1.94 on an earnings per share basis. Syneos Health employs 21,000 workers across the globe.
How can I contact Syneos Health?
Syneos Health's mailing address is 3201 Beechleaf Court Suite 600, Raleigh NC, 27604. The company can be reached via phone at 919-876-9300 or via email at [email protected]
MarketBeat Community Rating for Syneos Health (NASDAQ SYNH)
MarketBeat's community ratings are surveys of what our community members think about Syneos Health and other stocks. Vote "Outperform" if you believe SYNH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SYNH will underperform the S&P 500 over the long term. You may vote once every thirty days.
