The Short-term Rise and Fall of Synchronoss Technologies Inc (SNCR) Stock

Kevin Freeman

Synchronoss Technologies Inc [SNCR] stock is trading at $4.89, up 1.45%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SNCR shares have gain 13.46% over the last week, with a monthly amount drifted -2.78%, 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.

Synchronoss Technologies Inc [SNCR] stock has fluctuated between $3.98 and $12.85 over the past year. Synchronoss Technologies Inc [NASDAQ: SNCR] shares were valued at $4.89 at the most recent close of the market.

Analyzing the SNCR fundamentals

Synchronoss Technologies Inc [NASDAQ:SNCR] reported sales of 170.91M for the trailing twelve months, which represents a drop of -2.24%. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.23 and Total Capital is 0.12.

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 4.73 points at the first support level, and at 4.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.02, and for the 2nd resistance point, it is at 5.15.

Ratios To Look Out For

For context, Synchronoss Technologies Inc’s Current Ratio is 1.53. As well, the Quick Ratio is 1.53, while the Cash Ratio is 0.87. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 1.02.

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.

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