Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Synaptics Inc (NASDAQ: SYNA) closed at $63.56 in the last session, up 0.94% from day before closing price of $62.97. In other words, the price has increased by $0.94 from its previous closing price. On the day, 0.29 million shares were traded. SYNA stock price reached its highest trading level at $64.275 during the session, while it also had its lowest trading level at $62.7289.
Ratios:
We take a closer look at SYNA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.93. For the most recent quarter (mrq), Quick Ratio is recorded 2.34 and its Current Ratio is at 2.88. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.63.
On November 08, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $90 to $100.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 10 ’25 when Rizvi Ken bought 3,600 shares for $69.15 per share. The transaction valued at 248,940 led to the insider holds 27,630 shares of the business.
Gupta Vikram sold 411 shares of SYNA for $33,550 on Dec 04 ’24. The insider now owns 40,795 shares after completing the transaction at $81.63 per share. On Dec 04 ’24, another insider, VIKRAM GUPTA, who serves as the Officer of the company, bought 411 shares for $81.63 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SYNA now has a Market Capitalization of 2449952000 and an Enterprise Value of 2909949184. As of this moment, Synaptics’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.40, and their Forward P/E ratio for the next fiscal year is 14.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 1.78. Its current Enterprise Value per Revenue stands at 2.801 whereas that against EBITDA is 38.188.
Stock Price History:
The Beta on a monthly basis for SYNA is 1.69, which has changed by -0.27451205 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, SYNA has reached a high of $98.00, while it has fallen to a 52-week low of $41.80. The 50-Day Moving Average of the stock is 8.76%, while the 200-Day Moving Average is calculated to be -8.92%.
Shares Statistics:
According to the various share statistics, SYNA traded on average about 504.19K shares per day over the past 3-months and 383480 shares per day over the past 10 days. A total of 38.85M shares are outstanding, with a floating share count of 37.61M. Insiders hold about 2.43% of the company’s shares, while institutions hold 102.94% stake in the company. Shares short for SYNA as of 1748563200 were 3774745 with a Short Ratio of 7.49, compared to 1745971200 on 3806380. Therefore, it implies a Short% of Shares Outstanding of 3774745 and a Short% of Float of 15.329999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
