Is Synopsys Stock a Buy, Sell or Hold at a P/E Multiple of 37.76X? [Yahoo! Finance]
Synopsys, Inc. (SNPS)
Last synopsys, inc. earnings: 2/19 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
synopsys.com/company/investor-relations.html
Company Research
Source: Yahoo! Finance
However, with a forward 12-month price-to-earnings (P/E) ratio of 36.76 — significantly above the Zacks Computer - Software industry average of 33.22 — concerns are rising about whether Synopsys' premium valuation is justified in the current market. Image Source: Zacks Investment Research One of the main red flags for investors is Synopsys' underperformance in 2024. Year to date, SNPS shares have risen only 6.5%, lagging the Technology Select Sector SPDR Fund XLK ETF, which is up 21.8%, and the S&P 500, which has gained 25.9%. The contrast is even more striking compared to top competitors like Cadence Design Systems CDNS and Arm Holdings ARM, which have surged 81.2% and 11.1%, respectively. This relative weakness suggests that Synopsys may not be keeping pace with broader market trends or its peers in the EDA space. Image Source: Zacks Investment Research The most concerning issue for Synopsys is the evident slowdown in its core Design Automation segment. In the third quarte
Show less
Read more
Impact Snapshot
Event Time:
SNPS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SNPS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SNPS alerts
High impacting Synopsys, Inc. news events
Weekly update
A roundup of the hottest topics
SNPS
News
- Can CDNS Stock Sustain its Rally After Gaining 12% in a Month? [Yahoo! Finance]Yahoo! Finance
- Black Duck Recognized as a Leader in Software Composition Analysis by Independent Research Firm [Yahoo! Finance]Yahoo! Finance
- Synopsys (SNPS) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Synopsys, Inc. (NASDAQ: SNPS) is now covered by analysts at Loop Capital. They set a "buy" rating and a $675.00 price target on the stock.MarketBeat
- SEMIFIVE Collaborates with Synopsys to Develop Advanced Chiplet Platform for High-Performance Multi-Die Designs [Yahoo! Finance]Yahoo! Finance
SNPS
Earnings
- 8/21/24 - Beat
SNPS
Sec Filings
- 10/1/24 - Form 8-K
- 9/17/24 - Form 4
- 9/4/24 - Form 4
- SNPS's page on the SEC website