Analyst Ratings for Synaptics Inc. (SYNA)Updated: 2017-07-27
Synaptics Inc. (NASDAQ:SYNA) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for SYNA last month.
16 analysts issued ratings on the stock, where 8 gave SYNA a buy rating, 1 issued an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for SYNA. The most optimistic price target was 77, which equates to a potential upside of 39.47 percent. The most pessimistic price target was 38.5, which equates to a potential downside of -30.27 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.95 percent. The average change in earnings estimates over the last 90 days is 1.2 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.74 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.3 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
SYNA has an estimated earnings growth rate of 332.69 percent as forecasted by analysts. People on Wall Street often look at a company's 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SYNA has a PEG ratio of 0.24.
SYNA has a 52-week high of 69.45 and a 52-week low of 47.00. Currently the stock is 17.47 percent higher than its low, and 20.5 percent lower than its 52-week high. SYNA has a price/earnings ratio of 80.35. Investors typically compare the P/E ratio to a company's peers in the industry. The SYNA value stock report compares SYNA to some of its peers using value stock charts. The stock has a market capitalization of $1.94 billion. SYNA will post this quarters earnings in days, on 0000-00-00.