Analyst Ratings for Synopsys Inc. (SNPS)

Updated: 2017-07-26

Synopsys Inc. (NASDAQ:SNPS) was awarded an average rating of Overweight from investment analysts following the stock. SNPS had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 7 analysts, 0 gave an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for SNPS by the analysts covering the stock. The highest price target was 87, which equates to a potential upside of 13.16 percent. The most pessimistic price target was 70, implying a possible loss of -8.95 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 39.68 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.57 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 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of SNPS to grow at a rate of 4.37 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SNPS is 9.83.

In the last 52-weeks, SNPS has achieved a high of 77.25 and a low of 53.53. Currently the stock is 43.62 percent higher than its low, and 0.48 percent below the high. SNPS has a P/E ratio of 42.95. Investors typically compare the P/E ratio to a company's peers in the industry. The SNPS value stock report compares SNPS to some of its peers using value stock charts. The market cap of SNPS is $11.48 billion. SNPS will post this quarters earnings in days, on 0000-00-00.