Alert: Negative Fundamental Signals (9/4/24)-Synaptics Inc (NASDAQ: SYNA)

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Recent extremely meaningful negative changes in fundamentals have impacted Synaptics Inc (NASDAQ: SYNA): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for June, 2026 decreased significantly, and the consensus estimate for June, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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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.

Recent Price Action

On 9/4/24, Synaptics Inc (NASDAQ: SYNA) stock enjoyed a large increase of 2.3%, closing at $74.47. This advance was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months and has declined -7.1% during the last week.

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