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Synopsys (SNPS)
NASDAQ:SNPS
Synopsys (SNPS) Stock Price & Analysis
3,036 Followers
SNPS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$416.87 - $629.38
Previous Close$587.94
Volume992.09K
Average Volume (3M)909.53K
Market Cap
$90.08B
Enterprise Value$89.10B
Total Cash (Recent Filing)$1.66B
Total Debt (Recent Filing)$644.72M
Price to Earnings (P/E)64.0
Beta1.35
Next Earnings
Aug 21, 2024EPS Estimate
$3.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)9.19
Shares Outstanding153,216,093
10 Day Avg. Volume814,016
30 Day Avg. Volume909,528
Standard Deviation0.09
R-Squared0.44
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)41.44
Price to Sales (P/S)61.92
Price to Cash Flow (P/CF)-255.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue23.27
Enterprise Value/Gross Profit22.18
Enterprise Value/Ebitda109.66
Forecast
1Y Price Target
$649.70Price Target Upside11.98% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Synopsys News
Bulls Say, Bears Say
Bulls Say
Expansion And GrowthRapid adoption of AI-infused solutions is expanding the customer set with a growing design-win pipeline, driving monetization uplift.
Financial PerformanceNon-cancellable backlog of $7.9bn remains healthy, signaling robust demand and a strong pipeline for future revenue.
Mergers And AcquisitionsAnsys shareholders approved acquisition by Synopsys, reiterating pro-forma targets of revenue growth and long-term EBIT margins.
Bears Say
Guidance RevisionFull-year sales guided to $6.09bn from $6.6bn prior, and consensus estimates at $6.62bn.
Regulatory RisksChina SAMR has become a hurdle to clear for the ANSS acquisition.
Valuation ConcernsSNPS 37x CY25E PE valuation at premium to peers and at upper end of historical range, makes exposure to China export controls and enterprise software softness more of a concern.
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Ownership Overview
0.82% Insiders
32.06% Mutual Funds
45.52% Other Institutional Investors
21.60% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SNPS FAQ
What was Synopsys’s price range in the past 12 months?
Synopsys lowest stock price was $416.87 and its highest was $629.38 in the past 12 months.
What is Synopsys’s market cap?
Currently, no data Available
When is Synopsys’s upcoming earnings report date?
Synopsys’s upcoming earnings report date is Aug 21, 2024 which is in 83 days.
How were Synopsys’s earnings last quarter?
Synopsys released its earnings results on May 22, 2024. The company reported $3 earnings per share for the quarter, beating the consensus estimate of $2.953 by $0.047.
Is Synopsys overvalued?
According to Wall Street analysts Synopsys’s price is currently Undervalued.
Does Synopsys pay dividends?
Synopsys does not currently pay dividends.
What is Synopsys’s EPS estimate?
Synopsys’s EPS estimate is $3.28.
How many shares outstanding does Synopsys have?
Synopsys has 153,216,100 shares outstanding.
What happened to Synopsys’s price movement after its last earnings report?
Synopsys reported an EPS of $3 in its last earnings report, beating expectations of $2.953. Following the earnings report the stock price went up 2.298%.
Which hedge fund is a major shareholder of Synopsys?
Among the largest hedge funds holding Synopsys’s share is Matrix Capital Management Company, LP. It holds Synopsys’s shares valued at 410M.
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Synopsys Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$649.70 (11.98% Upside)
$649.70 (11.98% Upside)
Blogger Sentiment
Bullish
SNPS Sentiment 81%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 291.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $18.3M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.20%
12-Months-Change
Fundamentals
Return on Equity
22.08%
Trailing 12-Months
Asset Growth
12.47%
Trailing 12-Months
Company Description
Synopsys
California-based Synopsys, Inc. is a software company which develops electronic products and software applications in the electronic design automation (EDA) industry. The firm operates through two segments: (1) Semiconductor & System Design, which includes EDA tools, IP products, system integration solutions and associated services, and (2) Software Integrity, which includes security and quality solutions for software development across many industries.
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SNPS Company Deck
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SNPS Earnings Call
Q2 2024
0:00 / 0:00
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SNPS Revenue Breakdown
57.91% Time-based products
24.46% Upfront products
17.62% Maintenance and service
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SNPS Stock 12 Month Forecast
Average Price Target
$649.70
▲(11.98% Upside)
Technical Analysis
Best Analysts Covering SNPS
1 Year
1 Year Success Rate
25/26 ratings generated profit
1 Year Average Return
+28.01%
reiterated a buy rating 8 days ago
Copying Gary Mobley's trades and holding each position for 1 Year would result in 96.15% of your transactions generating a profit, with an average return of +28.01% per trade.
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