The leading market experts have placed a mean price target of $63.59 on Synaptics Incorporated (NASDAQ:SYNA) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.35 a share for the upcoming quarter and $5.18 for the current fiscal.
The technical analysis of Synaptics Incorporated plainly substantiates that the 50-day moving average of Synaptics Incorporated is $54.78, and stock is trading $3.64 points away or +6.64% from its 50-day moving average of $54.78. Further it is trading $-8.32 or -12.46% away its 200-day moving average of $66.74. Synaptics Incorporated (NASDAQ:SYNA) 52-week high is $94.48 and the 52-week low is $47.09.
This explains if the stock moves $-36.06, it will post a 52-week high. In event of +24.06% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Synaptics Incorporated, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Synaptics Incorporated (NASDAQ:SYNA) ratio came in at 30.59.
The stock last ended the trading session at $58.42 and registered a market cap of $2.03B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Synaptics Incorporated (NASDAQ:SYNA) PEG ratio is at 0.85.
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