NASDAQ:SYNA

Synaptics (SYNA) Stock Price, News & Analysis

$79.80
-1.24 (-1.53%)
(As of 04/22/2024 ET)
Today's Range
$79.47
$81.76
50-Day Range
$79.80
$110.68
52-Week Range
$67.73
$121.37
Volume
593,403 shs
Average Volume
284,040 shs
Market Capitalization
$3.14 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$125.36

Synaptics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
57.1% Upside
$125.36 Price Target
Short Interest
Bearish
5.83% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.64mentions of Synaptics in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$382,392 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.48) to $1.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.29 out of 5 stars

Computer And Technology Sector

284th out of 589 stocks

Semiconductors & Related Devices Industry

42nd out of 87 stocks

SYNA stock logo

About Synaptics Stock (NASDAQ:SYNA)

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions. It also provides Natural ID, a fingerprint ID product that is used in notebook personal computers (PCs), PC peripherals, automobiles, and other applications; TouchPad, a touch-sensitive pad that senses the position and movement of one or more fingers on its surface; SecurePad that integrates fingerprint sensor directly into the TouchPad area; ClickPad that offers a clickable mechanical design; and ForcePad. In addition, the company offers ClearPad, which enables users to interact directly with the display on mobile smartphones, tablets, and automobiles; ClearView products that provide advanced image processing and low power technology for displays on smartphones and tablets; and TouchView products, a touch controller and display driver integration product. Further, it provides TouchPad with a pointing stick in a single notebook computer enabling users to select their interface of choice; TouchStyk, a self-contained pointing stick module; ultra-low power edge artificial intelligence platform for battery powered wireless devices; wireless connectivity solutions comprising Wi-Fi, Bluetooth, global positioning system, global navigation satellite system, and ULE; and voice over IP and digital enhanced cordless telecommunications solutions. The company sells its products through direct sales, outside sales representatives, distributors, and resellers to mobile and PC OEMs; IoT OEMs; and automotive and consumer electronics manufacturers. The company was incorporated in 1986 and is headquartered in San Jose, California.

SYNA Stock Price History

SYNA Stock News Headlines

[Shocking] Elon Musk’s Plan To End Banks
Leaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030.
Synaptics: Looks To Be Heading Lower
[Shocking] Elon Musk’s Plan To End Banks
Leaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030.
SYNA Apr 2024 150.000 call
SYNA May 2024 160.000 call
SYNA Apr 2024 85.000 put
SYNA Apr 2024 120.000 call
3 Cheap AI Stocks to Buy in March 2024
Silicon Labs Poaches Synaptics Finance Chief Butler
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/22/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:SYNA
CUSIP
87157D10
Employees
1,891
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$125.36
High Stock Price Target
$195.00
Low Stock Price Target
$80.00
Potential Upside/Downside
+57.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$73.60 million
Pretax Margin
-7.94%

Debt

Sales & Book Value

Annual Sales
$1.36 billion
Cash Flow
$9.63 per share
Book Value
$31.46 per share

Miscellaneous

Free Float
38,828,000
Market Cap
$3.14 billion
Optionable
Optionable
Beta
1.56

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Key Executives


SYNA Stock Analysis - Frequently Asked Questions

Should I buy or sell Synaptics stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Synaptics in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SYNA shares.
View SYNA analyst ratings
or view top-rated stocks.

What is Synaptics' stock price target for 2024?

9 Wall Street research analysts have issued 1-year price objectives for Synaptics' stock. Their SYNA share price targets range from $80.00 to $195.00. On average, they anticipate the company's stock price to reach $125.36 in the next year. This suggests a possible upside of 57.1% from the stock's current price.
View analysts price targets for SYNA
or view top-rated stocks among Wall Street analysts.

How have SYNA shares performed in 2024?

Synaptics' stock was trading at $114.08 at the beginning of the year. Since then, SYNA shares have decreased by 30.0% and is now trading at $79.80.
View the best growth stocks for 2024 here
.

When is Synaptics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our SYNA earnings forecast
.

How can I listen to Synaptics' earnings call?

Synaptics will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Synaptics' earnings last quarter?

Synaptics Incorporated (NASDAQ:SYNA) released its earnings results on Thursday, February, 8th. The software maker reported $0.57 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.11. The software maker earned $237 million during the quarter, compared to analyst estimates of $235.26 million. Synaptics had a positive trailing twelve-month return on equity of 3.01% and a negative net margin of 7.54%. The company's quarterly revenue was down 32.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.47 EPS.

How will Synaptics' stock buyback program work?

Synaptics declared that its Board of Directors has initiated a share repurchase plan on Wednesday, May 3rd 2023, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 14.3% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

What guidance has Synaptics issued on next quarter's earnings?

Synaptics issued an update on its third quarter 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $220.0 million-$250.0 million, compared to the consensus revenue estimate of $245.3 million.

What is Michael Hurlston's approval rating as Synaptics' CEO?

16 employees have rated Synaptics Chief Executive Officer Michael Hurlston on Glassdoor.com. Michael Hurlston has an approval rating of 56% among the company's employees. This puts Michael Hurlston in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Synaptics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Synaptics investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), QUALCOMM (QCOM), Micron Technology (MU), NVIDIA (NVDA), Chipotle Mexican Grill (CMG), Alibaba Group (BABA), Endologix (ELGX), Intel (INTC) and Pfizer (PFE).

Who are Synaptics' major shareholders?

Synaptics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Cardinal Capital Management (0.05%), Bridge City Capital LLC (0.05%), Allspring Global Investments Holdings LLC (0.04%), State of Michigan Retirement System (0.02%), Register Financial Advisors LLC (0.00%) and CWM LLC (0.00%). Insiders that own company stock include Ares Management Llc, Dean Warren Butler, James L Whims, Jeffrey D Buchanan, Jeffrey D Buchanan, John Mcfarland, Kermit Nolan, Kiva A Allgood, Kiva A Allgood, Michael E Hurlston, Saleel Awsare and Vikram Gupta.
View institutional ownership trends
.

How do I buy shares of Synaptics?

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

Does Synaptics have any subsidiaries?
The following companies are subsidiares of Synaptics: Conexant Systems, Marvell Technology - Multimedia Solutions Business, Synaptics Holding GmbH, Synaptics Hong Kong Limited, Synaptics Japan GK, Synaptics LLC, and Validity Sensors.
Read More
This page (NASDAQ:SYNA) was last updated on 4/22/2024 by MarketBeat.com Staff

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