Synaptics (SYNA) Lags In Post-Market Trading
- SYNA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $64.8 million.
- SYNA is down 3.2% today from today's close.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in SYNA with the Ticky from Trade-Ideas. See the FREE profile for SYNA NOW at Trade-Ideas More details on SYNA: Synaptics Incorporated develops, markets, and sells custom-designed human interface solutions for electronic devices and products primarily in China, South Korea, Taiwan, Japan, and the United States. SYNA has a PE ratio of 15.7. Currently there are 7 analysts that rate Synaptics a buy, no analysts rate it a sell, and 1 rates it a hold. The average volume for Synaptics has been 1.0 million shares per day over the past 30 days. Synaptics has a market cap of $1.9 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 1.99 and a short float of 29.6% with 6.28 days to cover. Shares are up 9.9% year-to-date as of the close of trading on Wednesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Synaptics as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Highlights from the ratings report include:
- SYNA's very impressive revenue growth greatly exceeded the industry average of 0.4%. Since the same quarter one year prior, revenues leaped by 75.2%. Growth in the company's revenue appears to have helped boost the earnings per share.
- SYNA's debt-to-equity ratio is very low at 0.00 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 3.41, which clearly demonstrates the ability to cover short-term cash needs.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Semiconductors & Semiconductor Equipment industry and the overall market, SYNAPTICS INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
- Powered by its strong earnings growth of 455.55% and other important driving factors, this stock has surged by 75.53% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, SYNA should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- SYNAPTICS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, SYNAPTICS INC increased its bottom line by earning $2.87 versus $1.59 in the prior year. This year, the market expects an improvement in earnings ($3.73 versus $2.87).
- You can view the full Synaptics Ratings Report.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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