In Friday’s Wall Street session, Synaptics Inc (NASDAQ:SYNA) shares traded at $72.07, down -0.98% from the previous session.
SYNA stock price is now -8.62% away from the 50-day moving average and -10.93% away from the 200-day moving average. The market capitalization of the company currently stands at $2.82B.
With the price target enhanced from $90 to $100, TD Cowen maintained Buy rating for Synaptics Inc (NASDAQ: SYNA)., while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, Rizvi Ken, insider bought 3,600 shares of the company’s stock on Feb 10 ’25. The stock was bought for $248,940 at an average price of $69.15. Upon completion of the transaction, the insider now directly owns 27,630 shares in the company, valued at $1.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 04 ’24, Gupta Vikram sold 411 shares of the business’s stock. A total of $33,550 was realized by selling the stock at an average price of $81.63. This leaves the insider owning 40,795 shares of the company worth $2.94 million. A total of 2.15% of the company’s stock is owned by insiders.
During the past 12 months, Synaptics Inc has had a low of $67.16 and a high of $112.00. As of last week, the company has a debt-to-equity ratio of 0.64, a current ratio of 3.88, and a quick ratio of 3.36. According to the stock market information, the enterprise value for the company is $3108977664, which is based on a 17.06 price-to-earnings ratio, a 0.50 price-to-earnings-growth ratio, and a beta of 1.52. The fifty day moving average price for SYNA is $78.872 and a two-hundred day moving average price translates $80.91475 for the stock.
The latest earnings results from Synaptics Inc (NASDAQ: SYNA) was released for 2024-12-28. The net profit margin was 16.73% and return on equity was 13.01% for SYNA. The company reported revenue of $267.2 million for the quarter, compared to $237.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.74 percent.
