Analysis Synaptics Inc (SYNA)
5/29/2024
Analysis of Synaptics Inc (SYNA)
Synaptics Inc (SYNA) has shown a recent uptrend in its stock price, with the price closing at $117.77. The Relative Strength Index (RSI) is currently at 78.15, indicating that the stock may be overbought.The Moving Average Convergence Divergence (MACD) indicator is positive at 2.42, with the MACD line above the signal line, suggesting bullish momentum. The MACD histogram is also positive at 1.87, further supporting the bullish outlook.
In terms of moving averages, the Simple Moving Average (SMA) is at 91.68, the Exponential Moving Average (EMA) is at 93.10, and the Weighted Moving Average (WMA) is at 92.56. The stock price is currently above all three moving averages, indicating a bullish trend.
Overall, based on the technical indicators, Synaptics Inc appears to be in a strong bullish phase. However, investors should be cautious of a potential pullback due to the high RSI value, which suggests the stock may be overvalued in the short term.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The results for the quarter ending on January 31, 2025, were released after hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits information for a specific company.In terms of financials, key figures such as cash flow, balance sheet details, profit margins, income statement metrics, and return on assets and equity are provided.
Stock statistics include information on short interest, shares outstanding, insider and institutional ownership percentages, and other relevant stock data.
Valuation metrics cover ratios such as PEG ratio, PE ratios, enterprise value, price to book, price to sales, and market capitalization.
The stock price summary includes data on beta, moving averages, fifty-two week high and low prices, and the percentage change over the past year.
Lastly, dividends and splits information includes details on payout ratio, dividend dates, split history, and dividend yield metrics.
Income statement 💸
Here are the revenue figures for the company over the past four fiscal years:- 2020: $274,515,000,000
- 2021: $365,817,000,000
- 2022: $394,328,000,000
- 2023: $383,285,000,000
From these numbers, we can observe that the company has experienced revenue growth over the past four years, with a slight decrease in revenue from 2022 to 2023. It is important to further analyze the reasons behind this fluctuation in revenue and assess the overall financial health and performance of the company.
Balance Sheet
These are balance sheets. Here are the conclusions based on the provided data:1. Total assets have been increasing over the years, reaching the highest value in 2023 at $352,583,000,000.
2. Current assets fluctuate from year to year, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2023 at $209,017,000,000.
4. Total liabilities have also been increasing, reaching the highest value in 2023 at $290,437,000,000.
5. Shareholders' equity has been fluctuating, with the highest value in 2019 at $90,488,000,000.
6. The company seems to be investing more in non-current assets over the years, which is reflected in the increase in total assets.
7. There is a significant amount of debt in the company's capital structure, both short-term and long-term, which is increasing over the years.
8. Retained earnings have been positive in most years, indicating profitability, except for a negative value in 2023.
9. The company has been relying on a mix of equity and debt to finance its operations and investments.
Cash Flow 💶
This is a cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, reaching its highest value in 2020.
5. Financing activities show significant changes each year, with large amounts spent on common stock repurchase and debt issuance.
6. Investing activities also vary, with notable amounts spent on the sale and purchase of investments, as well as capital expenditures.
7. Overall, the company's financial activities seem to be dynamic, with a focus on managing cash flow, investing in growth, and returning value to shareholders.
Earnings estimate
Based on analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average EPS estimate is $1.33, with a range from $1.27 to $1.36. This shows growth compared to the EPS of $1.26 from a year ago.
2. For the next quarter ending on September 30, 2024, the average EPS estimate is $1.53, with a range from $1.44 to $1.63. This indicates an increase compared to the EPS of $1.46 from a year ago.
3. For the current year ending on September 30, 2024, the average EPS estimate is $6.59, with a range from $6.43 to $6.92. This reflects growth compared to the EPS of $6.13 from the previous year.
4. For the next year ending on September 30, 2025, the average EPS estimate is $7.23, with a range from $6.40 to $7.90. This suggests an increase compared to the EPS of $6.59 from the current year.
Overall, the analysts' estimates point towards a positive outlook for the company's earnings per share, showing growth in both the quarterly and annual periods.
Revenue estimate
Based on the analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company over the specified periods, as indicated by the positive sales growth rates projected by the analysts.
Growth estimates
Based on the consensus estimates provided, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.6%.
2. Next Quarter: The estimated growth rate for the next quarter is 4.8%.
3. Current Year: The estimated growth rate for the current year is 7.5%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average annual growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated average annual growth rate for the next 5 years is 11%.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the next 5 years compared to the past 5 years. It indicates that analysts are optimistic about the company's growth prospects in the short and medium term.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, we can see that the analysts have a range of opinions on the future price of the security, with the low end at $164, the high end at $250, and the average forecast at $202.26. The current price of the security is $191.57, which is below the average and median forecasted prices.
MACD of SYNA
This is not investment advice. Remember to verify the information provided here.
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