With 0.81 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $79.52 whereas the lowest price it dropped to was $77.285. The 52-week range on SYNA shows that it touched its highest point at $121.37 and its lowest point at $67.83 during that stretch. It currently has a 1-year price target of $93.14. Beta for the stock currently stands at 1.44.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SYNA was down-trending over the past week, with a drop of -4.71%, but this was up by 4.31% over a month. Three-month performance surged to 3.09% while six-month performance fell -14.74%. The stock lost -31.49% in the past year, while it has lost -31.21% so far this year. A look at the trailing 12-month EPS for SYNA yields 3.95 with Next year EPS estimates of 4.84. For the next quarter, that number is 0.86. This implies an EPS growth rate of 44.93% for this year and 48.41% for next year.
Float and Shares Shorts:
At present, 40.05 million SYNA shares are outstanding with a float of 39.19 million shares on hand for trading. On 2024-11-29, short shares totaled 4.16 million, which was 1039.0 higher than short shares on 1730332800. In addition to Mr. Michael E. Hurlston as the firm’s President, CEO & Director, Ms. Lisa M. Bodensteiner J.D. serves as its Senior VP, Chief Legal Officer & Secretary.
Institutional Ownership:
Through their ownership of 0.95498 of SYNA’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-28, SYNA reported revenue of $257700000.0 and operating income of -$14200000.0. The EBITDA in the recently reported quarter was $17600000.0 and diluted EPS was -$0.58.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SYNA since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SYNA analysts setting a high price target of 100.0 and a low target of 80.0, the average target price over the next 12 months is 93.14286. Based on these targets, SYNA could surge 27.42% to reach the target high and rise by 1.94% to reach the target low. Reaching the average price target will result in a growth of 18.68% from current levels.
Analysts have provided yearly estimates in a range of $2.19761 being high and $2.14789 being low. For SYNA, this leads to a yearly average estimate of $2.17772. Based on analyst estimates, the high estimate for the next quarter is $0.78 and the low estimate is $0.64. The average estimate for the next quarter is thus $0.72.
