Synaptics Incorporated

Company Profile

Synaptics Incorporated had its IPO on 2002-01-29 under the ticker symbol SYNA.

The company operates in the Technology sector and Semiconductors industry. Synaptics Incorporated has a staff strength of 1,775 employees.

Stock update

Shares of Synaptics Incorporated opened at $85.5 at the start of the last trading session i.e. 2023-06-03.

The stocks traded within a range of $82.12 - $86.52, and closed at $82.75.

This is a -1.31% slip from the previous day's closing price.

A total volume of 841,400 shares were traded at the close of the day’s session.

In the last one week, shares of Synaptics Incorporated have increased by +4.81%.

Synaptics Incorporated's Key Ratios

Synaptics Incorporated has a market cap of $3.27 billion, indicating a price to book ratio of 3.11 and a price to sales ratio of 2.1217.

In the last 12-months Synaptics Incorporated’s revenue was $1.60 billion with a gross profit of $943.10 million and an EBITDA of $472.60 million. The EBITDA ratio measures Synaptics Incorporated's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Synaptics Incorporated’s operating margin was 19.75% while its return on assets stood at 7.32% with a return of equity of 14.52%.

In Q1, Synaptics Incorporated’s quarterly earnings growth was a negative -83.6% while revenue growth was a negative 30.5%.

Synaptics Incorporated’s PE and PEG Ratio

Forward PE

10.6496

Trailing PE

19.0668

PEG

0.4818

Its diluted EPS in the last 12-months stands at $4.34 per share while it has a forward price to earnings multiple of 10.6496 and a PEG multiple of 0.4818. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Synaptics Incorporated’s profitability.

Synaptics Incorporated stock is trading at a EV to sales ratio of 2.3394 and a EV to EBITDA ratio of 7.4915. Its price to sales ratio in the trailing 12-months stood at 2.1217.

Synaptics Incorporated stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.71 billion

Total Liabilities

$268.90 million

Operating Cash Flow

$-9300000.00

Capital Expenditure

$13.70 million

Dividend Payout Ratio

0%

Synaptics Incorporated ended 2023 with $2.71 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.71 billion while shareholder equity stood at $1.32 billion.

Synaptics Incorporated ended 2023 with $0 in deferred long-term liabilities, $268.90 million in other current liabilities, 981300000.00 in common stock, $1.14 billion in retained earnings and $816.40 million in goodwill. Its cash balance stood at $898.00 million and cash and short-term investments were $933.90 million. The company’s total short-term debt was $6,000,000 while long-term debt stood at $972.90 million.

Synaptics Incorporated’s total current assets stands at $1.33 billion while long-term investments were $0 and short-term investments were $35.90 million. Its net receivables were $218.20 million compared to accounts payable of $60.80 million and inventory worth $147.80 million.

In 2023, Synaptics Incorporated's operating cash flow was $-9300000.00 while its capital expenditure stood at $13.70 million.

Comparatively, Synaptics Incorporated paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$82.75

52-Week High

$150.31

52-Week Low

$67.73

Analyst Target Price

$101.78

Synaptics Incorporated stock is currently trading at $82.75 per share. It touched a 52-week high of $150.31 and a 52-week low of $150.31. Analysts tracking the stock have a 12-month average target price of $101.78.

Its 50-day moving average was $91.15 and 200-day moving average was $103.38 The short ratio stood at 2.5 indicating a short percent outstanding of 0%.

Around 93.2% of the company’s stock are held by insiders while 9574.6% are held by institutions.