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Synopsys (SNPS)
NASDAQ:SNPS
Synopsys (SNPS) Stock Price & Analysis
3,139 Followers
SNPS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$418.51 - $629.38
Previous Close$601.75
Volume531.53K
Average Volume (3M)882.33K
Market Cap
$92.20B
Enterprise Value$91.22B
Total Cash (Recent Filing)$1.66B
Total Debt (Recent Filing)$644.72M
Price to Earnings (P/E)65.5
Beta1.50
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. Volume860,622
30 Day Avg. Volume882,332
Standard Deviation0.09
R-Squared0.44
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)26.90
Price to Sales (P/S)15.88
Price to Cash Flow (P/CF)48.70
P/FCF Ratio52.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue23.82
Enterprise Value/Gross Profit19.74
Enterprise Value/Ebitda112.26
Forecast
1Y Price Target
$653.80Price Target Upside7.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Synopsys News
Bulls Say, Bears Say
Bulls Say
Acquisitions And GrowthAnsys shareholders approved acquisition by Synopsys, which is expected to contribute to long-term revenue growth and EBIT margins.
AI And TechnologyThe rapid adoption of AI-infused solutions is expanding the customer set with a growing design-win pipeline and driving around 20% monetization uplift.
Financial PerformanceSynopsys delivered a solid quarter and slightly raised the FY24 outlook, showcasing robust financial health and growth potential.
Bears Say
Market RiskConcerns about slowing growth in China could pressure SNPS' multiple.
Regulatory ApprovalChina SAMR has become a hurdle to clear for the ANSS acquisition.
ValuationSNPS 37x CY25E PE valuation at premium to peers and at upper end of historical range (19x-49x), makes exposure to China export controls and enterprise software softness more of a concern.
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Ownership Overview
0.83% Insiders
33.34% Mutual Funds
23.56% Other Institutional Investors
42.28% 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 $418.50 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 49 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
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$653.80 (7.24% Upside)
$653.80 (7.24% Upside)
Blogger Sentiment
Bullish
SNPS Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 291.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $34.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.7%
Last 30 Days ▲ 0.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.20%
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
$653.80
▲(7.24% Upside)
Technical Analysis
Best Analysts Covering SNPS
1 Year
1 Year Success Rate
16/17 ratings generated profit
1 Year Average Return
+20.15%
reiterated a buy rating last month
Copying Vivek Arya's trades and holding each position for 1 Year would result in 94.12% of your transactions generating a profit, with an average return of +20.15% per trade.
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