Synaptics Inc (NASDAQ: SYNA) has reported a loss for its first fiscal quarter (ending September 30) of $-1.43 versus $1.62 for the same period a year ago — a decline of -188%. This result fell short of the consensus estimate of $0.37 by $-1.80. E.P.S. were $-1.21 for the latest four quarters through September 30 versus $7.11 for the same period a year ago — a decline of -117%.
Recent Price Action
Synaptics Inc (NASDAQ: SYNA) stock closed at $88.50 on 11/9/23 after a slight decline of -0.2%. Relative to the market the stock has been weak over the last nine months but has risen 10.2% during the last week.
Current PriceTarget Research Rating
SYNA’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Synaptics has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Synaptics has a slightly negative Appreciation Score of 36 and a poor Power Rating of 27, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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