Thinking to trade more of Synopsys (NASDAQ:SNPS)?

SNPS Stock  USD 359.97  1.47  0.41%   
Synopsys Calculated Tax Rate is relatively stable at the moment as compared to the past year. Synopsys reported last year Calculated Tax Rate of 5.49. As of 11/30/2022, PPandE Turnover is likely to grow to 10.82, while Revenue Per Employee is likely to drop slightly above 218.2 K. Even with relatively invariable basic indicators, Synopsys is not utilizing all of its potentials. The newest stock price agitation, may contribute to a short-term swings for the retail investors. The entity responds to the market. We can now discuss Synopsys as a potential investment option for your portfolios.
Published over two months ago
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Macroaxis provides recommendation on Synopsys to complement and cross-verify current analyst consensus on Synopsys. Our trade recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Synopsys income statement, its balance sheet, and the statement of cash flows. Potential Synopsys investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Synopsys investors may use each financial statement separately, they are all related. The changes in Synopsys's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Synopsys's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Synopsys fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Synopsys performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Synopsys shares is the value that is considered the true value of the share. If the intrinsic value of Synopsys is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Synopsys.
Please read more on our fundamental analysis page.

What is Synopsys Asset Breakdown?

Synopsys reports assets on its Balance Sheet. It represents the amount of Synopsys resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Synopsys volatility, please check the breakdown of all its fundamentals

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Synopsys, but it might be worth checking our own buy vs. sell analysis

Synopsys Gross Profit

Synopsys Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Synopsys previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Synopsys Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Going after Synopsys Financials

Institutional investors typically avoid acquiring a high percentage of Synopsys stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of Synopsys is distributed among investors.

Ownership Allocation

Synopsys shows a total of one hundred fifty-two million nine hundred ten thousand outstanding shares. The majority of Synopsys outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Synopsys to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Synopsys. Please pay attention to any change in the institutional holdings of Synopsys as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.


Retail Investors
7.15%
Institutions
92.27%
Retail Investors7.15
Insiders0.58
Institutions92.27

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Synopsys has an asset utilization ratio of 94.46 percent. This connotes that the company is making $0.94 for each dollar of assets. An increasing asset utilization means that Synopsys is more efficient with each dollar of assets it utilizes for everyday operations.


Current Assets
B
Assets Non Current
3.4 B
Goodwill
2.7 B
Current Assets2.04 Billion24.09
Assets Non Current3.42 Billion40.37
Goodwill2.7 Billion31.91
Tax Assets307.68 Million3.63

Our perspective of the latest Synopsys spike

Latest Treynor Ratio is up to -0.1. Price may fall again. Synopsys exhibits very low volatility with skewness of 0.89 and kurtosis of 3.47. However, we advise investors to further study Synopsys technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Synopsys' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Synopsys' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Takeaway on Synopsys Investment

While some firms under the software—infrastructure industry are still a bit expensive, Synopsys may offer a potential longer-term growth to retail investors. To conclude, as of the 30th of November 2022, our research shows that Synopsys is a rather very steady investment opportunity with a very low odds of financial turmoil in the next two years. From a slightly different view, the entity currently appears to be undervalued. Our current 90 days buy-or-sell advice on the enterprise is Strong Hold.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Synopsys. Please refer to our Terms of Use for any information regarding our disclosure principles.

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