Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Synaptics Inc (NASDAQ: SYNA) closed the day trading at $74.34 down -12.59% from the previous closing price of $85.05. In other words, the price has decreased by -$12.59 from its previous closing price. On the day, 2.74 million shares were traded.
Ratios:
For a better understanding of SYNA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 69.42. For the most recent quarter (mrq), Quick Ratio is recorded 4.02 and its Current Ratio is at 4.49. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.68.
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, TD Cowen on November 08, 2024, Reiterated its Buy rating but revised its target price to $100 from $90 previously.
TD Cowen reiterated its Buy rating for the stock on August 09, 2024, while the target price for the stock was revised from $115 to $90.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 04 ’24 when Gupta Vikram sold 411 shares for $81.63 per share. The transaction valued at 33,550 led to the insider holds 40,795 shares of the business.
VIKRAM GUPTA bought 411 shares of SYNA for $33,550 on Dec 04 ’24. On Nov 27 ’24, another insider, Gupta Vikram, who serves as the insider of the company, sold 412 shares for $80.17 each. As a result, the insider received 33,030 and left with 41,206 shares of the company.
Valuation Measures:
As of this moment, Synaptics’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.82, and their Forward P/E ratio for the next fiscal year is 15.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.04 while its Price-to-Book (P/B) ratio in mrq is 2.03.
Stock Price History:
Over the past 52 weeks, SYNA has reached a high of $115.85, while it has fallen to a 52-week low of $67.83. The 50-Day Moving Average of the stock is -6.90%, while the 200-Day Moving Average is calculated to be -8.70%.
Shares Statistics:
A total of 40.05M shares are outstanding, with a floating share count of 39.20M. Insiders hold about 2.15% of the company’s shares, while institutions hold 94.76% stake in the company.
