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.

Many analysts weighed in on price targets for SNCR. The most optimistic analyst gave a price target of 27, which equates to a potential upside of 62.85 percent. The lowest price target was 13, which equates to a potential downside of -21.59 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.87 percent. That number becomes -65.28 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 3.42 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -52.01 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

The growth rate of SNCR's earnings is estimated by analysts to be 104.69 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SNCR is 0.36.

In the last 52-weeks, SNCR has achieved a high of 49.94 and a low of 10.11. The current market price is above the trailing year's low by 64 percent, and 66.8 percent below the high. SNCR has a P/E 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 stock has a market capitalization of $0.76514 billion. SNCR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.