The stock of Synopsys, Inc (SNPS) has gone down by -3.59% for the week, with a -7.62% drop in the past month and a -2.63% drop in the past quarter. The volatility ratio for the week is 3.79%, and the volatility levels for the past 30 days are 3.00% for SNPS. The simple moving average for the past 20 days is -7.52% for SNPS’s stock, with a -9.63% simple moving average for the past 200 days.
Is It Worth Investing in Synopsys, Inc (NASDAQ: SNPS) Right Now?
Synopsys, Inc (NASDAQ: SNPS) has a price-to-earnings ratio that is above its average at 33.98x. The stock has a 36-month beta value of 1.11. Opinions on the stock are mixed, with 14 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SNPS is 152.21M, and at present, short sellers hold a 1.87% of that float. On December 20, 2024, the average trading volume of SNPS was 1.05M shares.
SNPS) stock’s latest price update
The stock price of Synopsys, Inc (NASDAQ: SNPS) has dropped by -0.22 compared to previous close of 494.43. Despite this, the company has seen a fall of -3.59% in its stock price over the last five trading days. globenewswire.com reported 2024-12-19 that Sustainability Roundtable Inc. announced Synopsys, IDEXX, and Juniper Networks as winners of the 2024 SBER Awards for standout leadership in sustainability
Analysts’ Opinion of SNPS
Many brokerage firms have already submitted their reports for SNPS stocks, with Wells Fargo repeating the rating for SNPS by listing it as a “Equal Weight.” The predicted price for SNPS in the upcoming period, according to Wells Fargo is $570 based on the research report published on November 22, 2024 of the current year 2024.
Loop Capital, on the other hand, stated in their research note that they expect to see SNPS reach a price target of $675. The rating they have provided for SNPS stocks is “Buy” according to the report published on November 12th, 2024.
Mizuho gave a rating of “Outperform” to SNPS, setting the target price at $650 in the report published on October 22nd of the current year.
SNPS Trading at -6.85% from the 50-Day Moving Average
After a stumble in the market that brought SNPS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.61% of loss for the given period.
Volatility was left at 3.00%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares sank -8.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.74% lower at present.
During the last 5 trading sessions, SNPS fell by -3.59%, which changed the moving average for the period of 200-days by -14.34% in comparison to the 20-day moving average, which settled at $533.47. In addition, Synopsys, Inc saw -4.19% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SNPS starting from Ghazi Sassine, who sale 10,293 shares at the price of $553.89 back on Aug 23 ’24. After this action, Ghazi Sassine now owns 62,568 shares of Synopsys, Inc, valued at $5,701,201 using the latest closing price.
SASSINE E GHAZI, the Officer of Synopsys, Inc, proposed sale 10,293 shares at $553.89 during a trade that took place back on Aug 23 ’24, which means that SASSINE E GHAZI is holding shares at $5,701,200 based on the most recent closing price.
Stock Fundamentals for SNPS
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.79 for the gross margin
The net margin for Synopsys, Inc stands at 0.36. The total capital return value is set at 0.13. Equity return is now at value 19.20, with 12.42 for asset returns.
Based on Synopsys, Inc (SNPS), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 2.06. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 10.05.
Currently, EBITDA for the company is 1.36 billion with net debt to EBITDA at -1.97. When we switch over and look at the enterprise to sales, we see a ratio of 11.58. The receivables turnover for the company is 6.71for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.44.
Conclusion
To sum up, Synopsys, Inc (SNPS) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
