Synchronoss Technologies (NASDAQ:SNCR - Get Free Report) is set to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Synchronoss Technologies (NASDAQ:SNCR - Get Free Report) last announced its earnings results on Tuesday, August 6th. The software maker reported $0.36 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.39. The company had revenue of $43.46 million during the quarter, compared to analyst estimates of $43.09 million. Synchronoss Technologies had a negative net margin of 16.97% and a positive return on equity of 28.60%. On average, analysts expect Synchronoss Technologies to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Synchronoss Technologies Trading Up 3.9 %
Shares of Synchronoss Technologies stock traded up $0.40 on Tuesday, reaching $10.60. The company had a trading volume of 90,166 shares, compared to its average volume of 85,311. The firm's 50 day moving average price is $12.78 and its two-hundred day moving average price is $10.52. The company has a debt-to-equity ratio of 6.68, a quick ratio of 1.78 and a current ratio of 1.78. Synchronoss Technologies has a 52-week low of $2.70 and a 52-week high of $15.46. The firm has a market cap of $114.69 million, a PE ratio of -2.75 and a beta of 1.99.
Analyst Ratings Changes
Separately, StockNews.com lowered Synchronoss Technologies from a "buy" rating to a "hold" rating in a research report on Friday, August 16th.
View Our Latest Report on SNCR
Insider Activity at Synchronoss Technologies
In other Synchronoss Technologies news, major shareholder B. Riley Financial, Inc. sold 61,690 shares of Synchronoss Technologies stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $11.73, for a total value of $723,623.70. Following the completion of the transaction, the insider now directly owns 1,168,217 shares of the company's stock, valued at $13,703,185.41. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, CEO Jeffrey George Miller sold 12,000 shares of the company's stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $13.50, for a total transaction of $162,000.00. Following the sale, the chief executive officer now owns 284,462 shares of the company's stock, valued at approximately $3,840,237. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder B. Riley Financial, Inc. sold 61,690 shares of Synchronoss Technologies stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $11.73, for a total value of $723,623.70. Following the completion of the transaction, the insider now owns 1,168,217 shares of the company's stock, valued at approximately $13,703,185.41. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 297,907 shares of company stock worth $3,616,726. 17.90% of the stock is currently owned by company insiders.
About Synchronoss Technologies
(
Get Free Report)
Synchronoss Technologies, Inc provides cloud, messaging, digital, and network management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Synchronoss Personal Cloud platform that allows customers' subscribers to backup and protect, engage with, and manage their personal content.
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