Synaptics (NASDAQ:SYNA - Get Free Report) is expected to release its earnings data after the market closes on Thursday, February 6th. Analysts expect Synaptics to post earnings of $0.86 per share and revenue of $265.14 million for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.
Synaptics Stock Performance
NASDAQ SYNA traded down $1.71 during trading hours on Thursday, hitting $86.16. The company's stock had a trading volume of 867,558 shares, compared to its average volume of 587,977. The company has a market cap of $3.45 billion, a P/E ratio of 21.81 and a beta of 1.44. The company's 50 day simple moving average is $79.90 and its two-hundred day simple moving average is $77.85. Synaptics has a 12 month low of $67.83 and a 12 month high of $115.85. The company has a debt-to-equity ratio of 0.66, a current ratio of 4.49 and a quick ratio of 4.02.
Insider Activity at Synaptics
In related news, insider Vikram Gupta sold 411 shares of the business's stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $81.63, for a total transaction of $33,549.93. Following the transaction, the insider now directly owns 40,795 shares in the company, valued at approximately $3,330,095.85. The trade was a 1.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.30% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
SYNA has been the subject of a number of recent analyst reports. TD Cowen upped their price target on shares of Synaptics from $90.00 to $100.00 and gave the stock a "buy" rating in a research report on Friday, November 8th. Susquehanna boosted their target price on shares of Synaptics from $95.00 to $105.00 and gave the stock a "positive" rating in a report on Wednesday, January 22nd. Needham & Company LLC reaffirmed a "buy" rating and set a $90.00 price objective on shares of Synaptics in a research note on Wednesday. Rosenblatt Securities reduced their target price on Synaptics from $130.00 to $92.00 and set a "buy" rating on the stock in a research note on Friday, November 8th. Finally, KeyCorp cut Synaptics from an "overweight" rating to a "sector weight" rating in a report on Tuesday, October 8th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, Synaptics presently has an average rating of "Moderate Buy" and a consensus price target of $98.44.
Read Our Latest Stock Analysis on Synaptics
About Synaptics
(
Get Free Report)
Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions.
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