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 highest price target was 77, implying potential capital gains of 39.47 percent. The most pessimistic analyst gave a price target of 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.95 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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. If we look at the last 90 days instead, we find a net average change of 0.3 percent in FY estimates.
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. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of SYNA to grow at a rate of 332.69 percent. The PEG ratio of a stock is another value frequently studied by investors. 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, 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 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 below the high by 20.5 percent. 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's next earnings release will be on 0000-00-00, which is days away.