Synaptics Incorporated (NASDAQ:SYNA) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 2.17 by 12 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Mizuho Securities downgrades the rating on Synaptics Incorporated (NASDAQ:SYNA). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on April 29, 2016.
Synaptics Incorporated (NASDAQ:SYNA): The mean estimate for the short term price target for Synaptics Incorporated (NASDAQ:SYNA) stands at $79 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $91 while the lower price target estimate is at $68.
Synaptics Incorporated (NASDAQ:SYNA) witnessed a decline in the market cap on Tuesday as its shares dropped 0.74% or 0.4 points. After the session commenced at $54.88, the stock reached the higher end at $54.88 while it hit a low of $53.477. With the volume soaring to 1,224,214 shares, the last trade was called at $53.88. The company has a 52-week high of $97.25. The company has a market cap of $1,985 million and there are 36,843,461 shares in outstanding. The 52-week low of the share price is $52.85.
Synaptics Inc. has lost 13.46% in the last five trading days and dropped 16.44% in the last 4 weeks. Synaptics Inc. has dropped 33.46% during the last 3-month period . Year-to-Date the stock performance stands at -32.94%.
Synaptics Incorporated developer and supplier of custom-designed human interface solutions that enable people to interact more easily and intuitively with a wide variety of mobile computing, communications, entertainment, and other electronic devices. The portfolio includes Display Driver ICs (DDICs) which drive high-performance displays for smartphones and tablets. The ClearPad family supports touchscreen solutions for devices ranging from entry-level mobile phones to flagship premium smartphones, tablets and notebook PCs. The TouchPad family, including ClickPad and ForcePad, is integrated into the majority of todays notebook PCs. Natural ID fingerprint sensor technology enables authentication, mobile payments, and touch-based navigation for smartphones, tablets, and notebook computers. Synaptics portfolio also includes ThinTouch supporting thin and light keyboard solutions, as well as key technologies for next generation touch-enabled video and display applications.