Synopsys, Inc (NASDAQ: SNPS) started the day on Thursday, with a price increase of 3.02% at $557.94, before settling in for the price of $541.56 at the close. Taking a more long-term approach, SNPS posted a 52-week range of $457.52-$629.38.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 14.96%. Meanwhile, its Annual Earning per share during the time was 22.96%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 17.26%. This publicly-traded company’s shares outstanding now amounts to $153.61 million, simultaneously with a float of $152.91 million. The organization now has a market capitalization sitting at $85.71 billion. At the time of writing, stock’s 50-day Moving Average stood at $519.29, while the 200-day Moving Average is $549.41.
Synopsys, Inc (SNPS) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Infrastructure Industry. Synopsys, Inc’s current insider ownership accounts for 0.46%, in contrast to 88.77% institutional ownership. According to the most recent insider trade that took place on Aug 23 ’24, this organization’s PRESIDENT AND CEO sold 10,293 shares at the rate of 553.89, making the entire transaction reach 5,701,201 in total value, affecting insider ownership by 62,568.
Synopsys, Inc (SNPS) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.5 per share during the current fiscal year.
Synopsys, Inc’s EPS increase for this current 12-month fiscal period is 17.26% and is forecasted to reach 14.91 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.55% 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 1.87. The Stock has managed to achieve an average true range (ATR) of 16.28. Alongside those numbers, its PE Ratio stands at $57.91, 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 13.76. Similarly, its price to free cash flow for trailing twelve months is now 85.84.
In the same vein, SNPS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.64, a figure that is expected to reach 3.30 in the next quarter, and analysts are predicting that it will be 14.91 at the market close of one year from today.
Technical Analysis of Synopsys, Inc (SNPS)
If we take a close look at the recent performances of Synopsys, Inc (NASDAQ: SNPS), its last 5-days Average volume was 0.82 million that shows plunge from its year to date volume of 1.05 million. During the previous 9 days, stock’s Stochastic %D was recorded 53.20% While, its Average True Range was 16.64.
Raw Stochastic average of Synopsys, Inc (SNPS) in the period of the previous 100 days is set at 60.03%, which indicates a major fall in contrast to 72.00% 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 41.29% that was lower than 41.46% volatility it exhibited in the past 100-days period.
