Synaptics Inc (NASDAQ: SYNA) stock closed at $72.83 on 9/3/24 after a major decline of -10.6%. Moreover, above average trading volume at 129% of normal accompanied the decline. The stock has declined -9.6% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SYNA is expected to continue to be a Value Builder.
Synaptics has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Synaptics has a neutral Appreciation Score of 45 but a very low Power Rating of 12, producing the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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