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.
Several price targets were given for SYNA by the analysts covering the stock. The most optimistic analyst gave a price target of 77, implying a possible profit of 39.47 percent. The lowest price target was 38.5, implying potential capital losses of -30.27 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
The growth rate of SYNA's earnings is estimated by analysts to be 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. 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. The PEG ratio of SYNA is 0.24.
In the trailing 52-weeks, SYNA hit 69.45 at the highest peak, while it's lowest trading point was 47.00. Today's price is 17.47 percent above the 52-week low, and 20.5 percent below the high. SYNA has a P/E 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.