Synchronoss Technologies Stock Net Income

SNCR Stock  USD 6.56  0.12  1.86%   
Synchronoss Technologies fundamentals help investors to digest information that contributes to Synchronoss Technologies' financial success or failures. It also enables traders to predict the movement of Synchronoss Stock. The fundamental analysis module provides a way to measure Synchronoss Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Synchronoss Technologies stock.
Last ReportedProjected for Next Year
Net Loss-34 M-32.3 M
Net Loss-15.7 M-16.5 M
Net Loss-35.8 M-37.6 M
Net Loss(3.92)(4.11)
Net Income Per E B T 1.30  1.37 
As of 04/24/2024, Net Income Per E B T is likely to grow to 1.37, though Net Loss is likely to grow to (32.3 M).
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Synchronoss Technologies Company Net Income Analysis

Synchronoss Technologies' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Synchronoss Technologies Net Income

    
  (34.02 M)  
Most of Synchronoss Technologies' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Synchronoss Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Synchronoss Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Synchronoss Technologies is extremely important. It helps to project a fair market value of Synchronoss Stock properly, considering its historical fundamentals such as Net Income. Since Synchronoss Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Synchronoss Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Synchronoss Technologies' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Synchronoss Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(24.45 Million)

Synchronoss Technologies reported last year Accumulated Other Comprehensive Income of (25.73 Million)
Based on the recorded statements, Synchronoss Technologies reported net income of (34.02 Million). This is 106.31% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The net income for all United States stocks is 105.96% higher than that of the company.

Synchronoss Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Synchronoss Technologies' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Synchronoss Technologies could also be used in its relative valuation, which is a method of valuing Synchronoss Technologies by comparing valuation metrics of similar companies.
Synchronoss Technologies is currently under evaluation in net income category among related companies.

Synchronoss Technologies Institutional Holders

Institutional Holdings refers to the ownership stake in Synchronoss Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Synchronoss Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Synchronoss Technologies' value.
Shares
Geode Capital Management, Llc2023-12-31
88.2 K
Bouvel Investment Partners, Llc2023-12-31
74.3 K
Citadel Advisors Llc2023-09-30
70.7 K
Renaissance Technologies Corp2023-12-31
57.6 K
Bridgeway Capital Management, Llc2023-12-31
56.3 K
Bank Of America Corp2023-12-31
41.3 K
Precept Management Llc2023-09-30
35 K
Dimensional Fund Advisors, Inc.2023-12-31
31.6 K
State Street Corporation2023-12-31
29.7 K
Awm Investment Company Inc2023-09-30
4.4 M
B. Riley Financial Inc2023-12-31
1.4 M

Synchronoss Fundamentals

About Synchronoss Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Synchronoss Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Synchronoss Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Synchronoss Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Synchronoss Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Synchronoss Technologies' short interest history, or implied volatility extrapolated from Synchronoss Technologies options trading.

Currently Active Assets on Macroaxis

When determining whether Synchronoss Technologies is a strong investment it is important to analyze Synchronoss Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synchronoss Technologies' future performance. For an informed investment choice regarding Synchronoss Stock, refer to the following important reports:
Check out Synchronoss Technologies Piotroski F Score and Synchronoss Technologies Altman Z Score analysis.
To learn how to invest in Synchronoss Stock, please use our How to Invest in Synchronoss Technologies guide.
Note that the Synchronoss Technologies information on this page should be used as a complementary analysis to other Synchronoss Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Synchronoss Stock analysis

When running Synchronoss Technologies' price analysis, check to measure Synchronoss Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synchronoss Technologies is operating at the current time. Most of Synchronoss Technologies' value examination focuses on studying past and present price action to predict the probability of Synchronoss Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synchronoss Technologies' price. Additionally, you may evaluate how the addition of Synchronoss Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Synchronoss Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synchronoss Technologies. If investors know Synchronoss will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Synchronoss Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.52)
Revenue Per Share
16.849
Quarterly Revenue Growth
(0.33)
Return On Assets
(0.01)
Return On Equity
(0.28)
The market value of Synchronoss Technologies is measured differently than its book value, which is the value of Synchronoss that is recorded on the company's balance sheet. Investors also form their own opinion of Synchronoss Technologies' value that differs from its market value or its book value, called intrinsic value, which is Synchronoss Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Synchronoss Technologies' market value can be influenced by many factors that don't directly affect Synchronoss Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Synchronoss Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchronoss Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchronoss Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.