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.
Many analysts weighed in on price targets for SYNA. The most optimistic price target was 77, implying a possible profit of 39.47 percent. The most pessimistic price target was 38.5, implying potential capital losses 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.3 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, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SYNA to grow at a rate of 332.69 percent. Another measure frequently examined by investors is 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. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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 below the 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 market cap of SYNA is $1.94 billion. SYNA will post this quarters earnings in days, on 0000-00-00.