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

Shares of Synaptics Incorporated (NASDAQ:SYNA) have been assigned a consensus rating of “Moderate Buy” from the fourteen ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $124.1818.

SYNA has been the subject of several recent analyst reports. Mizuho set a $128.00 target price on shares of Synaptics in a report on Friday, May 8th. Rosenblatt Securities lifted their target price on shares of Synaptics from $125.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. lifted their target price on shares of Synaptics from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Needham & Company LLC reissued a “buy” rating and set a $120.00 price objective on shares of Synaptics in a report on Friday, May 8th. Finally, Barclays boosted their price objective on shares of Synaptics from $100.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, May 8th.

Synaptics Stock Down 3.8%

Shares of Synaptics stock opened at $134.94 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.39 and a current ratio of 3.04. The stock has a market capitalization of $5.21 billion, a PE ratio of -108.82, a price-to-earnings-growth ratio of 4.49 and a beta of 1.98. Synaptics has a 52-week low of $58.28 and a 52-week high of $149.11. The company has a 50-day simple moving average of $112.57 and a two-hundred day simple moving average of $91.00.

Synaptics (NASDAQ:SYNA) last issued its earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.08. The business had revenue of $294.20 million during the quarter, compared to analysts’ expectations of $290.51 million. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, analysts anticipate that Synaptics will post 1.3 EPS for the current fiscal year.

Insider Activity

In other news, insider Vikram Gupta sold 1,548 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $92.90, for a total transaction of $143,809.20. Following the completion of the transaction, the insider directly owned 87,382 shares of the company’s stock, valued at $8,117,787.80. The trade was a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lisa Bodensteiner sold 1,798 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $81.87, for a total transaction of $147,202.26. Following the transaction, the insider directly owned 65,183 shares of the company’s stock, valued at $5,336,532.21. The trade was a 2.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 15,723 shares of company stock valued at $1,915,085 over the last three months. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SYNA. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Synaptics by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock valued at $5,780,000 after purchasing an additional 4,917 shares during the last quarter. M&T Bank Corp bought a new stake in Synaptics during the second quarter valued at approximately $205,000. First Trust Advisors LP grew its position in Synaptics by 9.8% during the second quarter. First Trust Advisors LP now owns 60,393 shares of the software maker’s stock valued at $3,915,000 after buying an additional 5,393 shares during the period. Marshall Wace LLP grew its position in Synaptics by 472.1% during the second quarter. Marshall Wace LLP now owns 89,490 shares of the software maker’s stock valued at $5,801,000 after buying an additional 73,848 shares during the period. Finally, Federated Hermes Inc. grew its position in Synaptics by 9.1% during the second quarter. Federated Hermes Inc. now owns 23,352 shares of the software maker’s stock valued at $1,514,000 after buying an additional 1,939 shares during the period. 99.43% of the stock is owned by hedge funds and other institutional investors.

Synaptics Company Profile

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.