Currently, Synchronoss Technologies Inc [SNCR] is trading at $8.66, down -0.57%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SNCR shares have gain 78.56% over the last week, with a monthly amount glided 57.17%, and 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 an 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 a Buy rating and provided a target price of $13 on this stock.
This stock has fluctuated between a low of $3.98 and a high of $12.85 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Synchronoss Technologies Inc [NASDAQ: SNCR] shares were valued at $8.66 at the most recent close of the market. An investor can expect a potential return of 3.93% based on the average SNCR price forecast.
Analyzing the SNCR fundamentals
Trailing Twelve Months sales for Synchronoss Technologies Inc [NASDAQ:SNCR] were 170.91M which represents -2.24% decline. 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 8.62 points at the first support level, and at 8.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.73, and for the 2nd resistance point, it is at 8.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Synchronoss Technologies Inc [NASDAQ:SNCR] is 1.53. Also, the Quick Ratio is 1.53, while the Cash Ratio stands at 0.87. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 1.80.
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.
