Synopsys, Inc. (SNPS) EPS is poised to hit 3.28 next quarter: How Investors Can Make It Count the Most?

Synopsys, Inc. (NASDAQ: SNPS) flaunted slowness of -2.64% at $538.72, before settling in for the price of $553.33 at the close. Taking a more long-term approach, SNPS posted a 52-week range of $418.51-$629.38.

The Technology sector firm’s twelve-monthly sales growth has been 13.50% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 22.96%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 15.78%. This publicly-traded company’s shares outstanding now amounts to $153.22 million, simultaneously with a float of $152.41 million. The organization now has a market capitalization sitting at $82.54 billion. At the time of writing, stock’s 50-day Moving Average stood at $587.44, while the 200-day Moving Average is $549.00.

Synopsys, Inc. (SNPS) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Synopsys, Inc. industry. Synopsys, Inc.’s current insider ownership accounts for 0.53%, in contrast to 88.48% institutional ownership. According to the most recent insider trade that took place on Jul 15 ’24, this organization’s EXECUTIVE CHAIR sold 493 shares at the rate of 620.60, making the entire transaction reach 305,954 in total value, affecting insider ownership by 106,983. Preceding that transaction, on Jul 11 ’24, Company’s EXECUTIVE CHAIR sold 4,588 for 621.68, making the whole transaction’s value amount to 2,852,273. This particular insider is now the holder of 106,983 in total.

Synopsys, Inc. (SNPS) Earnings and Revenue Records

Going through the last 3-months fiscal report unveiled on the 4/30/2024, it has been observed that the corporation posted 2.74 earnings per share (EPS) during the time that was better the consensus figure (set at 2.6) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.23 per share during the current fiscal year.

Synopsys, Inc.’s EPS increase for this current 12-month fiscal period is 15.78% and is forecasted to reach 14.99 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 16.59% through the next 5 years, which can be compared against the 22.96% growth it accomplished over the previous five years trading on the market.

Synopsys, Inc. (NASDAQ: SNPS) Trading Performance Indicators

Let’s observe the current performance indicators for Synopsys, Inc. (SNPS). It’s Quick Ratio in the last reported quarter now stands at 1.70. The Stock has managed to achieve an average true range (ATR) of 18.07. Alongside those numbers, its PE Ratio stands at $58.61, and its Beta score is 1.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 13.32. Similarly, its price to free cash flow for trailing twelve months is now 75.22.

In the same vein, SNPS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.19, a figure that is expected to reach 3.28 in the next quarter, and analysts are predicting that it will be 14.99 at the market close of one year from today.

Technical Analysis of Synopsys, Inc. (SNPS)

Now, what If we examine the latest scores posted by [Synopsys, Inc., SNPS]. During the last 5-days, its volume was lower the volume of 1.06 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 21.28% While, its Average True Range was 19.76.

Raw Stochastic average of Synopsys, Inc. (SNPS) in the period of the previous 100 days is set at 26.18%, which indicates a major rise in contrast to 1.86% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 44.84% that was higher than 30.84% volatility it exhibited in the past 100-days period.