Synopsys Stock Today
| SNPS Stock | USD 519.71 7.87 1.49% |
Performance1 of 100
| Odds Of DistressLess than 3
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Synopsys is selling for under 519.71 as of the 18th of April 2024; that is -1.49 percent down since the beginning of the trading day. The stock's lowest day price was 517.06. Synopsys has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Synopsys are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 26th of February 1992 | Category Technology | Classification Information Technology |
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. The company has 152.54 M outstanding shares of which 3.44 M shares are at this time shorted by private and institutional investors with about 3.41 trading days to cover. More on Synopsys
Moving together with Synopsys Stock
| 0.7 | SQ | Block Inc Financial Report 2nd of May 2024 | PairCorr |
Moving against Synopsys Stock
| 0.61 | BB | BlackBerry Financial Report 26th of June 2024 | PairCorr |
| 0.53 | VRSN | VeriSign Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 15th of May 2024
Synopsys Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Synopsys' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Synopsys or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Synopsys' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Synopsys' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| President CEO | Sassine Ghazi | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Infrastructure, Information Technology, Nasdaq CTA Artificial, SP 500 Index, NASDAQ 100 Technology, Nasdaq 100, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Synopsys report their recommendations after researching Synopsys' financial statements, talking to executives and customers, or listening in on Synopsys' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Synopsys. The Synopsys consensus assessment is calculated by taking the average forecast from all of the analysts covering Synopsys. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Synopsys' liquidity, profitability, solvency, and operating efficiency, Synopsys is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in May. Financial strength of Synopsys is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Synopsys' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Synopsys' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Synopsys' financial leverage. It provides some insight into what part of Synopsys' total assets is financed by creditors.
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Synopsys (SNPS) is traded on NASDAQ Exchange in USA. It is located in 675 Almanor Avenue, Sunnyvale, CA, United States, 94085 and employs 20,300 people. Synopsys is listed under Application Software category by Fama And French industry classification. 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 conducts business under Software sector and is part of Information Technology industry. The entity has 152.54 M outstanding shares of which 3.44 M shares are at this time shorted by private and institutional investors with about 3.41 trading days to cover.
Synopsys currently holds about 1.53 B in cash with 1.7 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.01.
Check Synopsys Probability Of Bankruptcy
Ownership AllocationSynopsys shows a total of 152.54 Million 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 is about to change at the company. Please note that no matter how many 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.
Check Synopsys Ownership Details
Synopsys Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Synopsys jumping above the current price in 90 days from now is over 95.52%. The Synopsys probability density function shows the probability of Synopsys stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4354. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Synopsys will likely underperform. Additionally, synopsys has an alpha of 0.0458, implying that it can generate a 0.0458 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Synopsys to move above the current price in 90 days from now is over 95.52 (This Synopsys probability density function shows the probability of Synopsys Stock to fall within a particular range of prices over 90 days) .
Synopsys Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Synopsys that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Synopsys' 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 Synopsys' value.| Instituion | Recorded On | 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 Historical Income Statement
Synopsys Income Statement is one of the three primary financial statements used for reporting Synopsys's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Synopsys revenue and expense. Synopsys Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Synopsys' Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 1.6 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (48.6 M). View More FundamentalsSynopsys Stock Against Markets
Picking the right benchmark for Synopsys stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Synopsys stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Synopsys is critical whether you are bullish or bearish towards Synopsys at a given time. Please also check how Synopsys' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Synopsys without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Synopsys Corporate Directors
Synopsys corporate directors refer to members of a Synopsys board of directors. The board of directors generally takes responsibility for the Synopsys' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Synopsys' board members must vote for the resolution. The Synopsys board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Chrysostomos Nikias | Independent Director | Profile | |
| Janice Chaffin | Director | Profile | |
| Mercedes Johnson | Independent Director | Profile | |
| Alfred Castino | Independent Director | Profile |
How to buy Synopsys Stock?
Before investing in Synopsys, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Synopsys. To buy Synopsys stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Synopsys. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Synopsys stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Synopsys stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Synopsys stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Synopsys, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Synopsys Stock please use our How to Invest in Synopsys guide.
Already Invested in Synopsys?
The danger of trading Synopsys is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Synopsys is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Synopsys. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Synopsys is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Synopsys is a strong investment it is important to analyze Synopsys' 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 Synopsys' future performance. For an informed investment choice regarding Synopsys Stock, refer to the following important reports: 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.