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.

SNPS was given price targets by several analysts. The maximum price target given was 87, which equates to a potential upside of 13.16 percent. The most pessimistic analyst gave a price target of 70, implying a possible loss of -8.95 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

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.

Another thing investors often look at is the level of agreement among analysts' 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 made negative revisions to their fiscal year's 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. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. SNPS has a PEG ratio of 9.83.

In the last 52-weeks, SNPS has achieved a high of 77.25 and a low of 53.53. The current market price is above the trailing year's low by 43.62 percent, 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 stock has a market capitalization of $11.48 billion. SNPS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.