Synopsys, Inc (NASDAQ: SNPS) is -7.71% lower on its value in year-to-date trading and has touched a low of $429.77 and a high of $624.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNPS stock was last observed hovering at around $445.47 in the last trading session, with the day’s gains setting it 2.49%.
Currently trading at $447.96, the stock is -9.05% and -10.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing 0.56% at the moment leaves the stock -15.87% off its SMA200. SNPS registered -24.25% loss for a year compared to 6-month gain of -13.78%.
The stock witnessed a -13.90% loss in the last 1 month and extending the period to 3 months gives it a -19.79%, and is -4.78% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.17% over the week and 3.45% over the month.
Synopsys, Inc (SNPS) has around 20000 employees, a market worth around $69.26B and $6.07B in sales. Current P/E ratio is 33.12 and Fwd P/E is 26.25. Profit margin for the company is 34.78%. Distance from 52-week low is 4.23% and -28.30% from its 52-week high. The company has generated returns on investments over the last 12 months (21.38%).
The EPS is expected to grow by 13.06% this year
The shares outstanding are 154.62M, and float is at 153.90M with Short Float at 2.33%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.14 million shares valued at $8.41 billion. The investor’s holdings represent 9.2404 of the SNPS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 12.83 million shares valued at $7.64 billion to account for 8.3885 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 7.4 million shares representing 4.8204 and valued at over $4.4 billion, while STATE STREET CORP holds 4.4645 of the shares totaling 6.83 million with a market value of $4.06 billion.
Synopsys, Inc (SNPS) Insider Activity
A total of 0 insider transactions have happened at Synopsys, Inc (SNPS) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Ghazi Sassine, the company’s PRESIDENT AND CEO. SEC filings show that Ghazi Sassine sold 11,366 shares of the company’s common stock on Mar 03 ’25 at a price of $463.75 per share for a total of $5.27 million. Following the sale, the insider now owns 70922.0 shares.
Still, SEC filings show that on Jan 15 ’25, MAHONEY RICHARD S. (Chief Revenue Officer) disposed off 20,838 shares at an average price of $506.01 for $10.54 million. The insider now directly holds 1,460 shares of Synopsys, Inc (SNPS).
Synopsys, Inc (SNPS): Who are the competitors?
One of the company’s main competitors (and peers) include Applied Materials Inc. (AMAT) that is trading -26.79% down over the past 12 months.Lam Research Corp. (LRCX) lies in the list of competitors of the Synopsys, Inc and is -19.49% lower over the same period from SNPSAutodesk Inc. (ADSK) is 6.43% up on the 1-year trading charts.
