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 most optimistic price target was 87, implying potential capital gains of 13.16 percent. The most pessimistic analyst gave a price target of 70, implying a possible loss of -8.95 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 39.68 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 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.57 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

SNPS has an estimated earnings growth rate of 4.37 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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 SNPS is 9.83.

SNPS has a 52-week high of 77.25 and a 52-week low of 53.53. The current market price is above the trailing year's low by 43.62 percent, and below the high by 0.48 percent. 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 stock has a market capitalization of $11.48 billion. SNPS's next earnings release will be on 0000-00-00, which is days away.