Alert: Negative Fundamental Signals (11/21/23)-Synaptics Inc (NASDAQ: SYNA)

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Extremely significant negative changes in Synaptics Inc (NASDAQ: SYNA) fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for June, 2025 decreased significantly, and the consensus estimate for June, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

SYNA is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Synaptics has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Synaptics has a slightly negative Power Rating of 34 and a poor Appreciation Score of 28, and the Lowest Value Trend Rating results.

Recent Price Action

Synaptics Inc (NASDAQ: SYNA) stock closed at $103.61 on 11/21/23 after a large decline of -2.3%. The stock has risen 8.5% during the last week and has performed in line with the market over the last nine months.

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