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, implying potential capital gains of 39.47 percent. The lowest price target was 38.5, which equates to a potential downside of -30.27 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.95 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.2 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.74 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.3 percent.

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, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. 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. SYNA has a PEG ratio of 0.24.

In the last 52-weeks, SYNA has achieved a high of 69.45 and a 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's next earnings release will be on 0000-00-00, which is days away.