Synaptics Incorporated (NASDAQ:SYNA) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Synaptics Incorporated (NASDAQ:SYNAGet Free Report) have been given an average recommendation of “Moderate Buy” by the fourteen research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $92.5556.

A number of brokerages have recently commented on SYNA. Mizuho set a $94.00 price target on Synaptics in a research note on Friday. Northland Securities upped their target price on shares of Synaptics from $85.00 to $106.00 and gave the company an “outperform” rating in a research note on Monday, December 29th. Needham & Company LLC reiterated a “buy” rating and issued a $85.00 target price on shares of Synaptics in a report on Friday, November 7th. Northland Capmk raised shares of Synaptics to a “strong-buy” rating in a report on Tuesday, December 2nd. Finally, TD Cowen raised their price target on Synaptics from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Friday, November 7th.

Check Out Our Latest Report on Synaptics

Synaptics Price Performance

Shares of SYNA stock opened at $84.50 on Tuesday. The stock has a 50-day moving average price of $72.46 and a 200 day moving average price of $69.75. The company has a quick ratio of 2.31, a current ratio of 2.86 and a debt-to-equity ratio of 0.60. The firm has a market cap of $3.29 billion, a price-to-earnings ratio of -72.84, a PEG ratio of 3.44 and a beta of 1.71. Synaptics has a 12 month low of $41.80 and a 12 month high of $89.81.

Synaptics (NASDAQ:SYNAGet Free Report) last released its earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. The company had revenue of $292.50 million for the quarter, compared to the consensus estimate of $289.93 million. Synaptics had a negative net margin of 4.08% and a positive return on equity of 4.35%. The company’s revenue was up 13.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.81 EPS. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. Research analysts expect that Synaptics will post 0.96 EPS for the current year.

Insider Activity

In related news, insider Vikram Gupta sold 694 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total transaction of $52,050.00. Following the completion of the transaction, the insider directly owned 100,082 shares in the company, valued at approximately $7,506,150. This trade represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lisa Bodensteiner sold 336 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $75.83, for a total value of $25,478.88. Following the completion of the sale, the insider owned 74,425 shares in the company, valued at $5,643,647.75. The trade was a 0.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,906 shares of company stock worth $698,177 in the last three months. Company insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Synaptics

Several hedge funds have recently bought and sold shares of SYNA. Optiver Holding B.V. increased its position in Synaptics by 40.2% during the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after buying an additional 170 shares during the last quarter. Johnson Investment Counsel Inc. lifted its position in shares of Synaptics by 6.1% in the second quarter. Johnson Investment Counsel Inc. now owns 3,601 shares of the software maker’s stock valued at $233,000 after buying an additional 206 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of Synaptics by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 36,853 shares of the software maker’s stock worth $2,389,000 after acquiring an additional 209 shares during the period. Nisa Investment Advisors LLC increased its holdings in shares of Synaptics by 50.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock worth $46,000 after acquiring an additional 237 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Synaptics by 3.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,617 shares of the software maker’s stock worth $490,000 after acquiring an additional 239 shares during the last quarter. 99.43% of the stock is currently owned by institutional investors and hedge funds.

Synaptics Company Profile

(Get Free Report)

Synaptics Incorporated is a global developer and supplier of human interface solutions for computing, networking, communications, and entertainment devices. The company specializes in the design, development and integration of custom chips and software that enable intuitive, natural user interactions. Synaptics solutions support touch, display, audio and biometrics functions, facilitating seamless human-to-machine interfaces across a broad range of end markets.

Key product offerings include touch controllers for laptops and tablets, capacitive touchscreens and display drivers for mobile devices, fingerprint sensors and secure authentication modules, as well as advanced audio processing and voice enhancement technologies.

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Analyst Recommendations for Synaptics (NASDAQ:SYNA)

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