Analyst Ratings for Synchronoss Technologies Inc. (SNCR)

Updated: 2017-07-27

Synchronoss Technologies Inc. (NASDAQ:SNCR) was awarded an average rating of Hold from investment analysts following the stock. About 30 days ago, SNCR was issued an average rating of Hold.

0 analysts declared SNCR a buy, 1 issued an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Today, there are 6 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 1.

A number of analysts gave price targets for SNCR. The maximum price target given was 27, which equates to a potential upside of 62.85 percent. The minimum price target given was 13, which equates to a potential downside of -21.59 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.87 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -65.28 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 3.42 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -52.01 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

SNCR has an estimated earnings growth rate of 104.69 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SNCR has a PEG ratio of 0.36.

SNCR has traded between a high of 49.94 and a low of 10.11 over the past year. Today's price is 64 percent above the 52-week low, and below the high by 66.8 percent. SNCR has a price/earnings ratio of 37.95. Investors typically compare the P/E ratio to a company's peers in the industry. The SNCR value stock report compares SNCR to some of its peers using value stock charts. The market cap of SNCR is $0.76514 billion. SNCR will post this quarters earnings in days, on 0000-00-00.