A new trading day began on Monday, with Synaptics Inc (NASDAQ: SYNA) stock price up 6.73% from the previous day of trading, before settling in for the closing price of $76.50. SYNA’s price has ranged from $67.83 to $121.37 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -6.08%. Meanwhile, its annual earnings per share averaged 44.94%. With a float of $39.19 million, this company’s outstanding shares have now reached $39.57 million.
Considering the fact that the conglomerate employs 1248 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 45.51%, operating margin of -6.09%, and the pretax margin is -12.08%.
Synaptics Inc (SYNA) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Synaptics Inc is 2.17%, while institutional ownership is 94.40%. The most recent insider transaction that took place on Nov 25 ’24, was worth 32,880. Before that another transaction happened on Sep 27 ’24, when Company’s See Remarks sold 2,731 for $80.00, making the entire transaction worth $218,480. This insider now owns 43,245 shares in total.
Synaptics Inc (SYNA) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.57 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.94% per share during the next fiscal year.
Synaptics Inc (NASDAQ: SYNA) Trading Performance Indicators
Here are Synaptics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.42. Likewise, its price to free cash flow for the trailing twelve months is 19.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.95, a number that is poised to hit 0.86 in the next quarter and is forecasted to reach 4.84 in one year’s time.
Technical Analysis of Synaptics Inc (SYNA)
Compared to the last year’s volume of 0.34 million, its volume of 0.59 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 62.19%. Additionally, its Average True Range was 3.27.
During the past 100 days, Synaptics Inc’s (SYNA) raw stochastic average was set at 45.81%, which indicates a significant decrease from 86.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.06% in the past 14 days, which was higher than the 51.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.20, while its 200-day Moving Average is $85.97. Nevertheless, the first resistance level for the watch stands at $84.17 in the near term. At $86.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $90.04. If the price goes on to break the first support level at $78.31, it is likely to go to the next support level at $74.97. Should the price break the second support level, the third support level stands at $72.44.
Synaptics Inc (NASDAQ: SYNA) Key Stats
With a market capitalization of 3.35 billion, the company has a total of 40,058K Shares Outstanding. Currently, annual sales are 959,400 K while annual income is 125,600 K. The company’s previous quarter sales were 257,700 K while its latest quarter income was -23,100 K.
