News stories about Synaptics (NASDAQ:SYNA) have been trending somewhat positive on Thursday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Synaptics earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news articles about the software maker an impact score of 45.8527550165345 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:

Several research analysts recently weighed in on SYNA shares. BidaskClub lowered Synaptics from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 23rd. Oppenheimer Holdings, Inc. reiterated an “underperform” rating and issued a $35.00 price objective on shares of Synaptics in a research report on Thursday, September 14th. BMO Capital Markets lowered their price objective on Synaptics from $56.00 to $46.00 and set a “market perform” rating for the company in a research report on Friday, August 4th. Stifel Nicolaus reiterated a “buy” rating and issued a $68.00 price objective on shares of Synaptics in a research report on Friday, July 28th. Finally, Cowen and Company set a $75.00 price objective on Synaptics and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. Seven investment analysts have rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $54.09.

Shares of Synaptics (NASDAQ SYNA) traded up 0.63% during mid-day trading on Thursday, hitting $38.50. The stock had a trading volume of 839,759 shares. The company’s 50 day moving average price is $39.83 and its 200 day moving average price is $49.54. The stock has a market cap of $1.30 billion, a P/E ratio of 28.10 and a beta of 1.20. Synaptics has a 12-month low of $37.39 and a 12-month high of $69.45.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings results on Thursday, August 3rd. The software maker reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. Synaptics had a net margin of 2.84% and a return on equity of 16.51%. The firm had revenue of $426.50 million during the quarter, compared to analysts’ expectations of $426.49 million. During the same period in the prior year, the company earned $0.46 EPS. The firm’s revenue was up 31.7% on a year-over-year basis. Equities research analysts predict that Synaptics will post $4.50 EPS for the current fiscal year.

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Synaptics Company Profile

Synaptics Incorporated is engaged in the development, marketing and sale of intuitive human interface solutions for electronic devices and products. The Company is a developer and supplier of custom-designed human interface product solutions that enable people to interact with a range of mobile computing, communications, entertainment and other electronic devices.

Insider Buying and Selling by Quarter for Synaptics (NASDAQ:SYNA)

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