The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Synopsys, Inc (NASDAQ: SNPS) closed at $457.95 down -2.58% from its previous closing price of $470.08. In other words, the price has decreased by -$2.58 from its previous closing price. On the day, 1.87 million shares were traded.
Ratios:
For a deeper understanding of Synopsys, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.15. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.44. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Redburn Atlantic on January 13, 2025, initiated with a Buy rating and assigned the stock a target price of $600.
On November 22, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $570.
On November 12, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $675.Loop Capital initiated its Buy rating on November 12, 2024, with a $675 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 15 ’25 when MAHONEY RICHARD S. sold 20,838 shares for $506.01 per share. The transaction valued at 10,544,205 led to the insider holds 1,460 shares of the business.
RICHARD S. MAHONEY bought 20,838 shares of SNPS for $10,544,205 on Jan 15 ’25. On Aug 23 ’24, another insider, Ghazi Sassine, who serves as the PRESIDENT AND CEO of the company, sold 10,293 shares for $553.89 each. As a result, the insider received 5,701,201 and left with 62,568 shares of the company.
Valuation Measures:
As of this moment, Synopsys,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.53, and their Forward P/E ratio for the next fiscal year is 26.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.31 while its Price-to-Book (P/B) ratio in mrq is 7.85.
Stock Price History:
Over the past 52 weeks, SNPS has reached a high of $624.80, while it has fallen to a 52-week low of $457.52. The 50-Day Moving Average of the stock is -9.97%, while the 200-Day Moving Average is calculated to be -14.50%.
Shares Statistics:
A total of 154.11M shares are outstanding, with a floating share count of 153.90M. Insiders hold about 0.47% of the company’s shares, while institutions hold 88.39% stake in the company.
