Synopsys stock: buy or sell?
May 22nd, 2020
Synopsys, Inc. provides electronic design automation (EDA) software products used to design and test integrated circuits (ICs).
Should I buy Synopsys stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, 2 buy setups work for Synopsys stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Synopsys stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't detect any rating for SNPS stock for the last month.
Synopsys stock analysis
Synopsys closed on Friday at $171.11 after reaching a new all time high ($171.47) and grew a fine 1.55%.
After topping to all time highs on Friday, Synopsys grew 1.55% to $171.11. Since April 13th when SNPS stock price broke up the SMA200d line, it gained $34.53 (25.28%). SNPS shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on May/15, SNPS climbed unceasignly breaking out to new all time highs.
Synopsys touched new all time highs back again this week, marking to $171.47. Shares closed at $171.11 and rocketed 7.80% during the week.
Since price and SMA40w lines crossed up by mid April, SNPS climbed $34.53 (25.28%).
Synopsys stock price history
Synopsys stock went public on February 26th, 1992 with a price of $7.131. Since then, SNPS stock surged a 2,299.90%, with an average of 82.10% per year. If you had invested right after SNPS's IPO a $1,000 in Synopsys stock in 1992, it would worth $22,999.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Synopsys stock historical price chart
SNPS stock reached all-time highs on Friday with a price of $171.47.
Synopsys stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' SNPS stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for Synopsys stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSynopsys reported extraordinary results for 2019-Q1 . Synopsys rocketed Earnings per Share (EPS) by 77.20%, beating experts consensus of $0.57. Synopsys posted $1.01.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Synopsys annual sales skyrocketed a dazzling 14.54% to $3,121.06 million dollars from $2,724.88 marked in 2017. Likewise, its earnings margin (compared to revenues) escalated to 13.86%, that is $432.52 million. To have an updated view of the financial situation of Synopsys, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Synopsys TTM sales up to January 2019 were $3,172.03 and income was $589.72 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem Synopsys business evolution since October 2018: Annual sales up to January, compared to lastest yearly report, raised a slightly good 1.63%. Likewise, profit margin (net income/revenues) inched at 13.86%.
|2013||$1,950 M||-||$248 M12.7%||-|
|2014||$2,060 M||5.64%||$259 M12.6%||4.57%|
|2014||$2,057 M||-0.12%||$259 M12.6%||0.00%|
|2015||$2,230 M||8.39%||$226 M10.1%||-12.81%|
|2015||$2,242 M||0.55%||$226 M10.1%||0.00%|
|2016||$2,430 M||8.38%||$267 M11.0%||18.10%|
|2016||$2,423 M||-0.31%||$267 M11.0%||0.00%|
|2017||$2,730 M||12.69%||$137 M5.0%||-48.82%|
|2017||$2,725 M||-0.19%||$137 M5.0%||0.00%|
|2018||$3,121 M||14.54%||$433 M13.9%||216.72%|
|TTM||$3,172 M||1.63%||$590 M18.6%||36.35%|
Quarterly financial resultsSynopsys posted $820.40 million in revenues for 2019-Q1, a 3.18% improvement compared to previous quarter. Reported quarter income marked $153.51 M with a profit margin of 18.71%. Profit margin collapsed a -13.28% compared to previous quarter when profit margin was 31.99%. When comparing sales to same quarter last year, Synopsys sales marked a very good gain and jumped a 6.63%. Looking back to recent quarterly results, Synopsys posted 7 negative quarters in a row.
|2017-Q2||$681 M||-||$53 M7.8%||-|
|2017-Q3||$696 M||2.22%||$117 M16.8%||119.00%|
|2017-Q4||$697 M||0.15%||$-120 M-17.2%||-202.85%|
|2018-Q1||$769 M||10.45%||$-4 M-0.5%||-96.93%|
|2018-Q2||$777 M||0.96%||$102 M13.2%||-2,876.27%|
|2018-Q3||$780 M||0.37%||$79 M10.2%||-22.51%|
|2018-Q4||$795 M||1.97%||$254 M32.0%||220.28%|
|2019-Q1||$820 M||3.18%||$154 M18.7%||-39.64%|
Synopsys ownershipWhen you are planning to buy shares of a company, it's always worth to review its ownership structure.
Synopsys shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.73% of all shares.
Bearish positions for SNPS stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Synopsys:
|Market cap||$25.7 B|
|Total shares||150.2 M|
|Float shares||149.6 M|
|- Institutional holdings (%)||91.0%|
|- Insider holdings (%)||0.7%|
|Shares in short selling||0.0%|
|Friday, May 22nd, 2020|
|Day range||$167.06 - $171.47|
|Average true range||$4.64|
|50d mov avg||$143.05|
|100d mov avg||$145.48|
|200d mov avg||$141.07|
Synopsys performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Synopsys, the comparison is made against .
Synopsys competitorsUnfortunately, we could not find any public company that could be defined as Synopsys competitor. This doesn't mean Synopsys does not have any competitor in the market, it's just we could not detected it.
Latest Synopsys stock news
- Seeking AlphaSynopsys: A Growth Model Of AcquisitionsMay 22, 2019
- InvestorPlace3 Big Stock Charts for Tuesday: Synopsys, DISH Network and WellCare Health PlansMay 21, 2019
- Investors.comDow Jones Futures: Synopsys Leads 4 Top Stocks Near Buy Points Moving On EarningsFebruary 20, 2019
- Seeking AlphaSynopsys: The Time Has ComeSeptember 25, 2018