The stock price of Synaptics Inc (NASDAQ: SYNA) has dropped by -1.38 compared to previous close of 81.17. Despite this, the company has seen a gain of 4.89% in its stock price over the last five trading days. globenewswire.com reported 2025-01-07 that SAN JOSE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) — Synaptics® Incorporated (Nasdaq: SYNA ) today announced its participation in an upcoming investor conference.
Is It Worth Investing in Synaptics Inc (NASDAQ: SYNA) Right Now?
Synaptics Inc (NASDAQ: SYNA) has a price-to-earnings ratio that is above its average at 20.27x. The stock has a 36-month beta value of 1.44. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for SYNA is 39.20M, and at present, short sellers hold a 11.47% of that float. On January 08, 2025, the average trading volume of SYNA was 499.35K shares.
SYNA’s Market Performance
SYNA stock saw a decrease of 4.89% in the past week, with a monthly decline of -0.56% and a quarterly a decrease of 10.54%. The volatility ratio for the week is 4.28%, and the volatility levels for the last 30 days are 4.02% for Synaptics Inc (SYNA). The simple moving average for the last 20 days is 1.63% for SYNA’s stock, with a simple moving average of -2.86% for the last 200 days.
Analysts’ Opinion of SYNA
Many brokerage firms have already submitted their reports for SYNA stocks, with TD Cowen repeating the rating for SYNA by listing it as a “Buy.” The predicted price for SYNA in the upcoming period, according to TD Cowen is $100 based on the research report published on November 08, 2024 of the previous year 2024.
TD Cowen gave a rating of “Buy” to SYNA, setting the target price at $90 in the report published on August 09th of the previous year.
SYNA Trading at 3.77% from the 50-Day Moving Average
After a stumble in the market that brought SYNA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.90% of loss for the given period.
Volatility was left at 4.02%, however, over the last 30 days, the volatility rate increased by 4.28%, as shares sank -3.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.69% upper at present.
During the last 5 trading sessions, SYNA rose by +4.63%, which changed the moving average for the period of 200-days by -18.69% in comparison to the 20-day moving average, which settled at $78.76. In addition, Synaptics Inc saw 4.89% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SYNA starting from Gupta Vikram, who sale 411 shares at the price of $81.63 back on Dec 04 ’24. After this action, Gupta Vikram now owns 40,795 shares of Synaptics Inc, valued at $33,550 using the latest closing price.
VIKRAM GUPTA, the Officer of Synaptics Inc, proposed sale 411 shares at $81.63 during a trade that took place back on Dec 04 ’24, which means that VIKRAM GUPTA is holding shares at $33,550 based on the most recent closing price.
Stock Fundamentals for SYNA
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.46 for the gross margin
The net margin for Synaptics Inc stands at 0.16. The total capital return value is set at -0.02. Equity return is now at value 11.84, with 5.92 for asset returns.
Based on Synaptics Inc (SYNA), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 0.66. The interest coverage ratio of the stock is -0.91.
Currently, EBITDA for the company is 49.9 million with net debt to EBITDA at 5.08. When we switch over and look at the enterprise to sales, we see a ratio of 3.44. The receivables turnover for the company is 7.21for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.49.
Conclusion
To sum up, Synaptics Inc (SYNA) has seen a mixed 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.
