Currently, Synaptics Inc [SYNA] is trading at $65.00, up 8.64%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SYNA shares have gain 11.95% over the last week, with a monthly amount glided 36.96%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, TD Cowen reaffirmed its Buy rating on November 08, 2024, and elevated its price target to $100. On October 08, 2024, downgrade downgraded it’s rating to Sector Weight. TD Cowen reiterated its Buy rating and decreased its price target to $90 on August 09, 2024. TD Cowen reiterated its recommendation of a Buy and reduced its price target to $115 on May 10, 2024. TD Cowen reiterated a Outperform rating for this stock on February 09, 2024, and upped its price target to $135. In a note dated February 09, 2024, Craig Hallum downgraded an Hold rating on this stock but restated the target price of $105.
This stock has fluctuated between a low of $41.80 and a high of $98.00 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $160.83 within the next 12 months. Synaptics Inc [NASDAQ: SYNA] shares were valued at $65.00 at the most recent close of the market. An investor can expect a potential return of 147.43% based on the average SYNA price forecast.
Analyzing the SYNA fundamentals
Trailing Twelve Months sales for Synaptics Inc [NASDAQ:SYNA] were 1.04B which represents 12.35% growth. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 63.71 points at the first support level, and at 62.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.88, and for the 2nd resistance point, it is at 66.75.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Synaptics Inc [NASDAQ:SYNA] is 2.88. Also, the Quick Ratio is 2.34, while the Cash Ratio stands at 1.46. Considering the valuation of this stock, the price to sales ratio is 2.41, the price to book ratio is 1.82 and price to earnings (TTM) ratio is 15.75.
Transactions by insiders
Recent insider trading involved Rizvi Ken, that happened on Feb 10 ’25 when 3600.0 shares were purchased., Gupta Vikram completed a deal on Dec 04 ’24 to sell 411.0 shares. Meanwhile, Officer VIKRAM GUPTA bought 411.0 shares on Dec 04 ’24.
