Synopsys Inc (NASDAQ: SNPS) has reported E.P.S. of $1.96 for its second fiscal quarter (ending April 30) versus $1.79 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $9.34 compared to $6.03 a year ago.
Recent Price Action
On 5/22/24, Synopsys Inc (NASDAQ: SNPS) stock rose slightly by 0.3%, closing at $573.13. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 2.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SNPS is expected to continue to be a major Value Builder.
Synopsys has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Synopsys has a very low Appreciation Score of 14 but a good Power Rating of 72, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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