Synopsys Stock Analysis
SNPS Stock | USD 527.58 13.51 2.50% |
Synopsys is overvalued with Real Value of 400.96 and Target Price of 483.61. The main objective of Synopsys stock analysis is to determine its intrinsic value, which is an estimate of what Synopsys is worth, separate from its market price. There are two main types of Synopsys' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Synopsys' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Synopsys' stock to identify patterns and trends that may indicate its future price movements.
The Synopsys stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Synopsys is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Synopsys Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Synopsys' ongoing operational relationships across important fundamental and technical indicators.
Synopsys |
Synopsys Stock Analysis Notes
About 94.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.6. Synopsys recorded earning per share (EPS) of 9.03. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 24th of September 2003. Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company was incorporated in 1986 and is headquartered in Mountain View, California. Synopsys operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 16361 people. To find out more about Synopsys contact Sassine Ghazi at 650-584-5000 or learn more at https://www.synopsys.com.Synopsys Quarterly Total Revenue |
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Synopsys Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Synopsys' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Synopsys or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 94.0% of the company shares are owned by institutional investors | |
Latest headline from benzinga.com: A Closer Look at Synopsyss Options Market Dynamics |
Synopsys Upcoming and Recent Events
Earnings reports are used by Synopsys to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Synopsys previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
21st of February 2024 Upcoming Quarterly Report | View | |
15th of May 2024 Next Financial Report | View | |
31st of January 2024 Next Fiscal Quarter End | View | |
4th of December 2024 Next Fiscal Year End | View | |
31st of October 2023 Last Quarter Report | View | |
31st of October 2023 Last Financial Announcement | View |
Synopsys Largest EPS Surprises
Earnings surprises can significantly impact Synopsys' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2006-11-29 | 2006-10-31 | 0.19 | 0.21 | 0.02 | 10 | ||
2006-08-16 | 2006-07-31 | 0.19 | 0.21 | 0.02 | 10 | ||
2006-05-17 | 2006-04-30 | 0.15 | 0.17 | 0.02 | 13 |
Synopsys Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Synopsys is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Synopsys backward and forwards among themselves. Synopsys' institutional investor refers to the entity that pools money to purchase Synopsys' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Nuveen Asset Management, Llc | 2023-12-31 | 2.5 M | Norges Bank | 2023-12-31 | 2.5 M | Ameriprise Financial Inc | 2023-12-31 | 1.8 M | Amvescap Plc. | 2023-12-31 | 1.8 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.7 M | Northern Trust Corp | 2023-12-31 | 1.6 M | Legal & General Group Plc | 2023-12-31 | 1.4 M | Amundi | 2023-12-31 | 1.3 M | Alliancebernstein L.p. | 2023-12-31 | 1.3 M | Vanguard Group Inc | 2023-12-31 | 13.6 M | Blackrock Inc | 2023-12-31 | 11.8 M |
Synopsys Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 82.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Synopsys's market, we take the total number of its shares issued and multiply it by Synopsys's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Synopsys Profitablity
Synopsys' profitability indicators refer to fundamental financial ratios that showcase Synopsys' ability to generate income relative to its revenue or operating costs. If, let's say, Synopsys is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Synopsys' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Synopsys' profitability requires more research than a typical breakdown of Synopsys' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.23 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.22 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.22. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.19 | 0.20 | |
Return On Capital Employed | 0.20 | 0.15 | |
Return On Assets | 0.14 | 0.08 | |
Return On Equity | 0.23 | 0.12 |
Management Efficiency
Synopsys has return on total asset (ROA) of 0.0875 % which means that it generated a profit of $0.0875 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2254 %, meaning that it created $0.2254 on every $100 dollars invested by stockholders. Synopsys' management efficiency ratios could be used to measure how well Synopsys manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.20 in 2024, whereas Return On Capital Employed is likely to drop 0.15 in 2024. At this time, Synopsys' Fixed Asset Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.67 in 2024, whereas Deferred Long Term Asset Charges is likely to drop slightly above 313 M in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 36.36 | 38.18 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 10.29 | 10.81 | |
Enterprise Value Over EBITDA | 38.08 | 39.98 | |
Price Book Value Ratio | 13.36 | 14.03 | |
Enterprise Value Multiple | 38.08 | 39.98 | |
Price Fair Value | 13.36 | 14.03 | |
Enterprise Value | 44.6 B | 46.9 B |
The analysis of Synopsys' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Synopsys' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Synopsys Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.055 |
Technical Drivers
As of the 18th of April 2024, Synopsys has the Semi Deviation of 1.73, risk adjusted performance of 0.0426, and Coefficient Of Variation of 1776.66. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Synopsys, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Synopsys, which can be compared to its competition. Please validate Synopsys variance and potential upside to decide if Synopsys is priced more or less accurately, providing market reflects its prevalent price of 527.58 per share. Given that Synopsys has jensen alpha of 0.0458, we advise you to double-check Synopsys's current market performance to make sure the company can sustain itself at a future point.Synopsys Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Synopsys middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Synopsys. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Synopsys Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Synopsys insiders, such as employees or executives, is commonly permitted as long as it does not rely on Synopsys' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Synopsys insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Roy Vallee over six months ago Exercise or conversion by Roy Vallee of 6666 shares of Synopsys subject to Rule 16b-3 | ||
Roy Vallee over a year ago Acquisition by Roy Vallee of 464 shares of Synopsys subject to Rule 16b-3 |
Synopsys Predictive Daily Indicators
Synopsys intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Synopsys stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 0.0382 | |||
Daily Balance Of Power | (0.65) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 536.22 | |||
Day Typical Price | 533.34 | |||
Market Facilitation Index | 20.9 | |||
Price Action Indicator | (15.39) | |||
Period Momentum Indicator | (13.51) | |||
Relative Strength Index | 40.73 |
Synopsys Corporate Filings
17th of April 2024 Other Reports | ViewVerify | |
F4 | 12th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
11th of April 2024 Other Reports | ViewVerify | |
F4 | 5th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 27th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 25th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 20th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 19th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Synopsys Forecast Models
Synopsys' time-series forecasting models are one of many Synopsys' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Synopsys' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Synopsys Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Synopsys prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Synopsys shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Synopsys. By using and applying Synopsys Stock analysis, traders can create a robust methodology for identifying Synopsys entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.20 | 0.11 | |
Operating Profit Margin | 0.25 | 0.15 | |
Net Profit Margin | 0.19 | 0.20 | |
Gross Profit Margin | 0.91 | 0.92 |
Current Synopsys Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Synopsys analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Synopsys analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
483.61 | Strong Buy | 18 | Odds |
Most Synopsys analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Synopsys stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Synopsys, talking to its executives and customers, or listening to Synopsys conference calls.
Synopsys Stock Analysis Indicators
Synopsys stock analysis indicators help investors evaluate how Synopsys stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Synopsys shares will generate the highest return on investment. By understating and applying Synopsys stock analysis, traders can identify Synopsys position entry and exit signals to maximize returns.
Begin Period Cash Flow | 1.4 B | |
Long Term Debt | 18.1 M | |
Common Stock Shares Outstanding | 155.2 M | |
Total Stockholder Equity | 6.1 B | |
Tax Provision | 83.7 M | |
Quarterly Earnings Growth Y O Y | 0.651 | |
Property Plant And Equipment Net | 1.1 B | |
Cash And Short Term Investments | 1.6 B | |
Cash | 1.4 B | |
Accounts Payable | 155.9 M | |
Net Debt | -751.1 M | |
50 Day M A | 569.2666 | |
Total Current Liabilities | 3 B | |
Other Operating Expenses | 4.5 B | |
Non Current Assets Total | 6.9 B | |
Forward Price Earnings | 42.1941 | |
Non Currrent Assets Other | 470.2 M | |
Stock Based Compensation | 563.3 M |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synopsys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Synopsys Stock please use our How to Invest in Synopsys guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Synopsys Stock analysis
When running Synopsys' price analysis, check to measure Synopsys' 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 Synopsys is operating at the current time. Most of Synopsys' value examination focuses on studying past and present price action to predict the probability of Synopsys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synopsys' price. Additionally, you may evaluate how the addition of Synopsys to your portfolios can decrease your overall portfolio volatility.
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Is Synopsys' 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 Synopsys. If investors know Synopsys 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 Synopsys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.651 | Earnings Share 9.03 | Revenue Per Share 40.3 | Quarterly Revenue Growth 0.211 | Return On Assets 0.0875 |
The market value of Synopsys is measured differently than its book value, which is the value of Synopsys that is recorded on the company's balance sheet. Investors also form their own opinion of Synopsys' value that differs from its market value or its book value, called intrinsic value, which is Synopsys' 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 Synopsys' market value can be influenced by many factors that don't directly affect Synopsys' 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 Synopsys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Synopsys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synopsys' 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.