Home News Current Trend: Synaptics (NASDAQ: SYNA)

Current Trend: Synaptics (NASDAQ: SYNA)

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Synaptics trades as part of the application software industry and is part of the technology sector. The company CEO is Hing Chung Alex Wong. Synaptics Inc is a developer and supplier of custom-designed human interface solutions that enable people to interact easily and intuitively with mobile computing, communications, entertainment, and other electronic devices.

Previous Intraday Trading Performance:

The SYNA stock showed a previous change of 5.24% with an open at 27.64 and a close of 28.72. It reached an intraday high of 28.78 and a low of 27.50.

SeekingAlpha:  Synaptics Incorporated (SYNA) Q3 2019 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $990.8m with 34.5m shares outstanding, of which the float is 33.2m shares. Trading volume reached 1,074,494 shares compared to its average volume of 888,600 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Synaptics shares returned 4.97% and in the past 30 trading days it returned -23.27%. Over three months, it changed -33.33%. In one year it has changed -32.31% and within that year its 52-week high was 55.25 and its 52-week low was 26.34. SYNA stock is 9.04% above its 52 Week Low.

Our calculations show a 200 day moving average of 38.86 and a 50 day moving average of 34.54. Currently SYNA stock is trading -26.08% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Synaptics Incorporated 2019 Q3 – Results – Earnings Call Slides

Earnings:

The last annual fiscal EPS for the company was reported at -3.63 that ended on 30th of June 2018. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.75. The TTM EPS is 2.56, which comes to a TTM PE of 11.22.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/09/2019): 0.19
4thQtr of 2018 (Reported on 02/07/2019): 0.36
3rdQtr of 2018 (Reported on 11/08/2018): 0.11
2ndQtr of 2018 (Reported on 08/09/2018): -0.04
1stQtr of 2018 (Reported on 05/09/2018): -0.40

Base on our calculations, the intrinsic value per share is 25.82, which means it may be overvalued by -11.22%.

Indicators to Watch:

The current calculated beta is 1.04.

SeekingAlpha:  Synaptics Incorporated 2019 Q3 – Results – Earnings Call Slides

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 3.20%, return on assets is 1.57%, profit margin is 1.00%, price-to-sales is 0.60 and price-to-book is 1.30.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 3  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.