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.

Many analysts weighed in on price targets for SNPS. The most optimistic price target was 87, implying a possible profit of 13.16 percent. The lowest price target was 70, implying potential capital losses of -8.95 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 upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 39.68 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -2.57 percent in FY estimates.

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, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of SNPS's earnings is estimated by analysts to be 4.37 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 SNPS is 9.83.

In the last 52-weeks, SNPS has achieved a high of 77.25 and a low of 53.53. Today's price is 43.62 percent above the 52-week low, and below the high by 0.48 percent. SNPS has a price/earnings 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.