At the time of writing, Synchronoss Technologies Inc [SNCR] stock is trading at $6.02, down -1.31%. An important factor to consider is whether the stock is rising or falling in short-term value. The SNCR shares have lost -8.93% over the last week, with a monthly amount drifted -17.76%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Synchronoss Technologies Inc [NASDAQ: SNCR] stock has seen the most recent analyst activity on November 25, 2024, when ROTH MKM upgraded its rating to a Buy and also boosted its price target to $13 from $11. Previously, ROTH Capital downgraded its rating to Neutral on August 10, 2021, and dropped its price target to $3. On June 30, 2021, B. Riley Securities initiated with a Buy rating and assigned a price target of $5.25 on the stock. Ladenburg Thalmann started tracking the stock assigning a Buy rating and suggested a price target of $8 on August 25, 2020. Northland Capital initiated its recommendation with a Outperform and recommended $6.50 as its price target on May 26, 2020. Canaccord Genuity started tracking with a Buy rating for this stock on August 27, 2019, and assigned it a price target of $13. In a note dated June 18, 2019, ROTH Capital initiated an Buy rating and provided a target price of $13 on this stock.
For the past year, the stock price of Synchronoss Technologies Inc fluctuated between $6.00 and $15.46. Synchronoss Technologies Inc [NASDAQ: SNCR] shares were valued at $6.02 at the most recent close of the market.
Analyzing the SNCR fundamentals
According to Synchronoss Technologies Inc [NASDAQ:SNCR], the company’s sales were 171.87M for trailing twelve months, which represents an -2.24% plunge. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.57 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.
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 5.89 points at the first support level, and at 5.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.15, and for the 2nd resistance point, it is at 6.27.
Ratios To Look Out For
It is important to note that Synchronoss Technologies Inc [NASDAQ:SNCR] has a current ratio of 1.72. On the other hand, the Quick Ratio is 1.72, and the Cash Ratio is 0.58. Considering the valuation of this stock, the price to sales ratio is 0.40, the price to book ratio is 1.40.
Transactions by insiders
Recent insider trading involved Miller Jeffrey George, Chief Executive Officer, that happened on Jun 05 ’25 when 8004.0 shares were sold. Chief Executive Officer, Miller Jeffrey George completed a deal on Jun 06 ’25 to sell 7913.0 shares. Meanwhile, Officer Miller Jeffrey George bought 7913.0 shares on Jun 06 ’25.
