Synchronoss Technologies, Inc. (NASDAQ:SNCR) has a mean price target of $52.43 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.78 a share for the very next quarter and $2.51 for this year.
The technical study of Synchronoss Technologies, Inc. demonstrates that the 50-day moving average of Synchronoss Technologies, Inc. (NASDAQ:SNCR) stock is $40.76, and is trading $0.69 points away or +1.69% from 50-day moving average of $40.76. It is trading $6.47 or +18.48% away 200-day moving average of $34.98.
The 52-week high of Synchronoss Technologies, Inc. (NASDAQ:SNCR) was $43.65 while $20.33 is the low mark in the same period. It state Synchronoss Technologies, Inc. share price has to surge more than $-2.20 to hit 52-week high or drop +103.89% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Synchronoss Technologies, Inc., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Synchronoss Technologies, Inc. (NASDAQ:SNCR) ratio came in at 702.54, after dividing current equity price by yearly earnings. Synchronoss Technologies, Inc. stock recorded a close of $41.45 in last trading session, registering a market cap of $1.80B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Synchronoss Technologies, Inc. (NASDAQ:SNCR) PEG ratio is at 1.00.
1 Chart Pattern Every Investor Should Know
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