Synaptics Incorporated Stock Today

SYNA Stock  USD 71.00  0.38  0.53%   

Performance

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Odds Of Distress

Less than 26

 
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Synaptics Incorporated is trading at 71.00 as of the 10th of September 2024, a 0.53 percent decrease since the beginning of the trading day. The stock's open price was 71.38. Synaptics Incorporated has about a 26 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Synaptics Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of July 2024 and ending today, the 10th of September 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
29th of January 2002
Category
Technology
Classification
Information Technology
Synaptics Incorporated develops, markets, and sells semiconductor product solutions worldwide. The company was incorporated in 1986 and is headquartered in San Jose, California. Synaptics operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. The company has 39.58 M outstanding shares of which 3.02 M shares are at this time shorted by private and institutional investors with about 8.33 trading days to cover. More on Synaptics Incorporated

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Follow Valuation Options Odds of Bankruptcy
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Synaptics Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEO, DirectorMichael Hurlston
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.090.3396
Way Up
Slightly volatile
Gross Profit Margin0.290.4404
Way Down
Slightly volatile
Total Current Liabilities208.9 M277.2 M
Way Down
Slightly volatile
Non Current Liabilities Total1.1 B1.1 B
Sufficiently Up
Slightly volatile
Total AssetsB2.8 B
Sufficiently Up
Slightly volatile
Total Current Assets605.2 M1.2 B
Way Down
Slightly volatile
Debt Levels
Synaptics Incorporated can leverage 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 Synaptics Incorporated's financial leverage. It provides some insight into what part of Synaptics Incorporated's total assets is financed by creditors.
Liquidity
Synaptics Incorporated currently holds 1.02 B in liabilities with Debt to Equity (D/E) ratio of 0.82, which is about average as compared to similar companies. Synaptics Incorporated has a current ratio of 2.97, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Synaptics Incorporated's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(31.82 Million)
Synaptics Incorporated (SYNA) is traded on NASDAQ Exchange in USA. It is located in 1109 McKay Drive, San Jose, CA, United States, 95131 and employs 1,716 people. Synaptics Incorporated is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.83 B. Synaptics Incorporated conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 39.58 M outstanding shares of which 3.02 M shares are at this time shorted by private and institutional investors with about 8.33 trading days to cover. Synaptics Incorporated currently holds about 876 M in cash with 135.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.1.
Check Synaptics Incorporated Probability Of Bankruptcy
Ownership Allocation
Synaptics Incorporated shows a total of 39.58 Million outstanding shares. The majority of Synaptics Incorporated outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Synaptics Incorporated to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Synaptics Incorporated. Please pay attention to any change in the institutional holdings of Synaptics Incorporated 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 Synaptics Ownership Details

Synaptics Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-06-30
907.3 K
Point72 Asset Management, L.p.2024-06-30
814.9 K
Fisher Asset Management, Llc2024-06-30
795.2 K
Victory Capital Management Inc.2024-06-30
546 K
Northern Trust Corp2024-06-30
466.1 K
Manufacturers Life Insurance Co2024-06-30
452 K
Norges Bank2024-06-30
450.7 K
Amvescap Plc.2024-06-30
432.7 K
Charles Schwab Investment Management Inc2024-06-30
430.8 K
Ameriprise Financial Inc2024-06-30
4.8 M
Blackrock Inc2024-06-30
4.7 M
View Synaptics Incorporated Diagnostics

Synaptics Incorporated Historical Income Statement

At present, Synaptics Incorporated's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 131.9 M, whereas Gross Profit is forecasted to decline to about 343.2 M. View More Fundamentals

Synaptics Stock Against Markets

Synaptics Incorporated Corporate Management

Additional Information and Resources on Investing in Synaptics Stock

When determining whether Synaptics Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Synaptics Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Synaptics Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Synaptics Incorporated Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synaptics Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Synaptics Stock refer to our How to Trade Synaptics Stock guide.
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Is Semiconductors & Semiconductor Equipment space 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 Synaptics Incorporated. If investors know Synaptics 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 Synaptics Incorporated 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
(0.84)
Earnings Share
3.16
Revenue Per Share
24.474
Quarterly Revenue Growth
0.088
Return On Assets
(0.02)
The market value of Synaptics Incorporated is measured differently than its book value, which is the value of Synaptics that is recorded on the company's balance sheet. Investors also form their own opinion of Synaptics Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Synaptics Incorporated's 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 Synaptics Incorporated's market value can be influenced by many factors that don't directly affect Synaptics Incorporated's 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 Synaptics Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synaptics Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synaptics Incorporated's 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.