Synaptics (SYNA) Given Daily News Sentiment Score of 0.11
News headlines about Synaptics (NASDAQ:SYNA) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Synaptics earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 46.9691987957163 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern’s analysis:
- Fishtailing Stocks: Glu Mobile Inc., (NASDAQ: GLUU), Synaptics Incorporated, (NASDAQ: SYNA), UnitedHealth Group … – Stocks In The News (press release) (tradingnewsnow.com)
- Synaptics, Inc. breached its 50 day moving average in a Bearish Manner : SYNA-US : December 1, 2017 (finance.yahoo.com)
- Apple supplier Dialog falls on report of in-house chip move (standard.net)
- $431.92 Million in Sales Expected for Synaptics Incorporated (SYNA) This Quarter (americanbankingnews.com)
- Synaptics to Webcast Analyst and Investor Meeting on December 12, 2017 (finance.yahoo.com)
SYNA has been the subject of a number of research reports. Cowen set a $60.00 target price on shares of Synaptics and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Stifel Nicolaus decreased their price target on shares of Synaptics from $68.00 to $59.00 and set a “buy” rating on the stock in a research note on Wednesday, November 8th. Mizuho downgraded shares of Synaptics from a “buy” rating to a “neutral” rating and decreased their price target for the company from $60.00 to $42.00 in a research note on Monday, October 9th. BidaskClub downgraded shares of Synaptics from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Finally, Citigroup reaffirmed an “underperform” rating and set a $35.00 price target (down previously from $45.00) on shares of Synaptics in a research note on Tuesday, August 22nd. Seven investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $48.03.
Shares of Synaptics (NASDAQ SYNA) opened at $38.84 on Friday. The stock has a market cap of $1,284.35, a price-to-earnings ratio of 11.54, a P/E/G ratio of 0.90 and a beta of 1.19. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.70 and a current ratio of 2.35. Synaptics has a 12 month low of $33.73 and a 12 month high of $64.54.
Synaptics (NASDAQ:SYNA) last announced its earnings results on Tuesday, November 7th. The software maker reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.46. Synaptics had a net margin of 1.06% and a return on equity of 15.85%. The business had revenue of $417.40 million for the quarter, compared to the consensus estimate of $398.68 million. During the same quarter in the prior year, the firm posted $1.03 earnings per share. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. equities analysts forecast that Synaptics will post 2.8 EPS for the current year.
In other news, CFO Wajid Ali sold 2,918 shares of the stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $41.75, for a total value of $121,826.50. Following the sale, the chief financial officer now owns 27,281 shares of the company’s stock, valued at $1,138,981.75. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Rick Bergman sold 2,000 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $40.00, for a total transaction of $80,000.00. Following the completion of the sale, the insider now directly owns 130,307 shares in the company, valued at approximately $5,212,280. The disclosure for this sale can be found here. Corporate insiders own 3.70% of the company’s stock.
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Synaptics Incorporated is engaged in the development, marketing and sale of intuitive human interface solutions for electronic devices and products. The Company is a developer and supplier of custom-designed human interface product solutions that enable people to interact with a range of mobile computing, communications, entertainment and other electronic devices.
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