Synopsys Inc (NASDAQ: SNPS) has reported E.P.S. of $2.78 for its third fiscal quarter (ending July 31) versus $2.21 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $9.90 versus $6.79 for the same period a year ago.
Recent Price Action
On 8/21/24, Synopsys Inc (NASDAQ: SNPS) stock increased 1.4%, closing at $564.68. NORMAL trading volume accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 6.8% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Synopsys has a very low Appreciation Score of 13 but a neutral Power Rating of 58, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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