Synaptics Incorporated [NASDAQ: SYNA] shares went higher by 6.37% from its previous closing of $53.65, now trading at the price of $57.07, also adding 3.42 points. Is SYNA stock a buy or should you stay away?
The stock had a rather active trading session with the latest closing, by far recording 1.97 million contracts. Compared to the average trading volume of SYNA shares, the company saw a far better performance. Moreover, the stock has a 31.92M float and a +26.11% run over in the last seven days. SYNA share price has been hovering between $53.87 and $26.34 lately, and is definitely worthy of attention.
Synaptics Incorporated [NASDAQ:SYNA]: Analyst Rating and Earnings
Its stock price has been found in the range of 26.34 to 53.87. This is compared to its latest closing price of $53.65.
Pay attention to the next-scheduled financial results for this company to be released, which is slated for Coming Soon.. ).
Fundamental Analysis of Synaptics Incorporated [SYNA]
Now let’s turn to look at profitability: with a current Operating Margin for Synaptics Incorporated [SYNA] sitting at +1.02 and its Gross Margin at +32.97, this company’s Net Margin is now -1.60%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 1.30, and its Return on Invested Capital has reached -0.30%. Its Return on Equity is -3.30, and its Return on Assets is -1.57. These metrics suggest that this Synaptics Incorporated does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Synaptics Incorporated [SYNA] has generated a Total Debt to Total Equity ratio of 71.25. Similarly, its Total Debt to Total
What about valuation? This company’s Enterprise Value to EBITDA is 12.99 and its Total Debt to EBITDA Value is 3.75. The Enterprise Value to Sales for this firm is now 1.10, and its Total Debt to Enterprise Value stands at 0.41. Synaptics Incorporated [SYNA] has a Price to Book Ratio of 1.48, a Price to Cash Flow Ratio of 6.54.
Shifting the focus to workforce efficiency, Synaptics Incorporated [SYNA] earns $791,080 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 5.67 and its Total Asset Turnover is 1.01. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 2.25 and its Current Ratio is 2.88. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Synaptics Incorporated [SYNA] has 34.30M shares outstanding, amounting to a total market cap of $1.84B. Its stock price has been found in the range of 26.34 to 53.87. At its current price, it has moved up by 5.94% from its 52-week high, and it has moved up 116.67% from its 52-week low.
This stock’s Beta value is currently 1.00, which indicates that it is 8.47% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 83.78. This RSI suggests that Synaptics Incorporated is currently Overbought.
Conclusion: Is Synaptics Incorporated [SYNA] a Reliable Buy?
Shares of Synaptics Incorporated [SYNA], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.