Synaptics Inc [NASDAQ: SYNA] closed the trading session at $49.07.
The stocks have a year to date performance of -35.70 percent and weekly performance of 3.39 percent. The stock has been moved at -34.13 percent over the last six months. The stock has performed -25.28 percent around the most recent 30 days and changed -39.34 percent over the most recent 3-months.
If compared to the average trading volume of 691.90K shares, SYNA reached to a volume of 356242 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Synaptics Inc [SYNA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SYNA shares is $95.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SYNA stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Cowen have made an estimate for Synaptics Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 08, 2024. The new note on the price target was released on October 08, 2024, representing the official price target for Synaptics Inc stock. Previously, the target price had yet another drop from $115 to $90, while TD Cowen kept a Buy rating on SYNA stock. On May 10, 2024, analysts decreased their price target for SYNA shares from 135 to 115.
The Average True Range (ATR) for Synaptics Inc is set at 3.79, with the Price to Sales ratio for SYNA stock in the period of the last 12 months amounting to 1.90. The Price to Book ratio for the last quarter was 1.40, with the Price to Cash per share for the same quarter was set at 15.21. Price to Free Cash Flow for SYNA in the course of the last twelve months was 11.86 with Quick ratio for the last quarter at 3.36.
SYNA stock trade performance evaluation
Synaptics Inc [SYNA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.39. With this latest performance, SYNA shares dropped by -25.28% in over the last four-week period, additionally sinking by -34.13% over the last 6 months – not to mention a drop of -43.51% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SYNA stock in for the last two-week period is set at 37.81, with the RSI for the last a single of trading hit 39.63, and the three-weeks RSI is set at 37.54 for Synaptics Inc [SYNA]. The present Moving Average for the last 50 days of trading for this stock 62.75, while it was recorded at 48.85 for the last single week of trading, and 74.51 for the last 200 days.
Synaptics Inc [SYNA]: An insightful look at the core fundamentals
Synaptics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.36 and a Current Ratio set at 3.88.
Earnings per share (EPS) analysis for Synaptics Inc [SYNA] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SYNA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Synaptics Inc go to 34.08%.
Synaptics Inc [SYNA]: Institutional Ownership
There are presently around $102.43%, or 103.93%% of SYNA stock, in the hands of institutional investors. The top three institutional holders of SYNA stocks are: AMERIPRISE FINANCIAL INC with ownership of 4.81 million shares, which is approximately 12.2501%. BLACKROCK INC., holding 4.73 million shares of the stock with an approximate value of $$417.25 million in SYNA stocks shares; and BLACKROCK INC., currently with $$396.33 million in SYNA stock with ownership which is approximately 11.4339%.
