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Synopsys (SNPS)
NASDAQ:SNPS
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SNPS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$457.52 - $629.38
Previous Close$556.26
Volume607.21K
Average Volume (3M)1.03M
Market Cap
$85.45B
Enterprise Value$84.16B
Total Cash (Recent Filing)$1.99B
Total Debt (Recent Filing)$673.88M
Price to Earnings (P/E)57.7
Beta1.68
Next Earnings
Dec 04, 2024EPS Estimate
$3.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)9.63
Shares Outstanding153,613,744
10 Day Avg. Volume916,768
30 Day Avg. Volume1,030,790
Standard Deviation0.09
R-Squared0.42
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)11.03
Price to Sales (P/S)13.72
Price to Cash Flow (P/CF)46.90
P/FCF Ratio53.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.04
Enterprise Value/Gross Profit18.22
Enterprise Value/Ebitda49.68
Forecast
1Y Price Target
$656.15Price Target Upside18.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Synopsys News
Bulls Say, Bears Say
Bulls Say
AI And InnovationAI products (VSO.ai) introduce another monetization lever which is delivering a +20% uplift to contracts where adoption remains in early days.
Market ExpansionA move into the complementary multi-physics simulation software market nearly doubles the TAM for SNPS, all the while driving operating margin accretion.
Revenue GrowthSNPS has the ingredients to generate consistent 12-14% revenue growth & high-teens-% EPS growth over the long run.
Bears Say
Earnings GrowthA slightly slower EDA growth for FY24 than expected.
Global Economic ConditionsThe China slowdown is likely a multi-year phenomenon.
Revenue VolatilityMomentum in IP revenue, which makes up 30% of sales, can lead to lumpy quarter-on-quarter growth.
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Ownership Overview
0.40% Insiders
31.17% Mutual Funds
11.41% Other Institutional Investors
32.07% 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 $457.51 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 Dec 04, 2024 which is in 14 days.
How were Synopsys’s earnings last quarter?
Synopsys released its earnings results on Aug 21, 2024. The company reported $3.43 earnings per share for the quarter, beating the consensus estimate of $3.281 by $0.149.
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 $3.3.
How many shares outstanding does Synopsys have?
Synopsys has 153,613,740 shares outstanding.
What happened to Synopsys’s price movement after its last earnings report?
Synopsys reported an EPS of $3.43 in its last earnings report, beating expectations of $3.281. Following the earnings report the stock price went down -2.943%.
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 427M.
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Synopsys Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$656.15 (18.55% Upside)
$656.15 (18.55% Upside)
Blogger Sentiment
Bullish
SNPS Sentiment 73%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 90.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 10.0%
Last 30 Days ▲ 10.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.21%
12-Months-Change
Fundamentals
Return on Equity
22.29%
Trailing 12-Months
Asset Growth
17.39%
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
Q3 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
$656.15
▲(18.55% Upside)
Technical Analysis
Best Analysts Covering SNPS
1 Year
1 Year Success Rate
22/26 ratings generated profit
1 Year Average Return
+25.96%
reiterated a buy rating 3 months ago
Copying Joseph Vruwink's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +25.96% per trade.
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