Alert: New Earnings Report (12/4/24)-Synopsys Inc (NASDAQ: SNPS).

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For its fourth fiscal quarter (ending October 31), Synopsys Inc (NASDAQ: SNPS) has reported a -21% decline in E.P.S. from $2.30 a year ago to $1.81 in the current quarter. This performance was $-1.49 short of the consensus estimate of $3.30. For the latest four quarters through October 31, E.P.S. were $9.41 versus $8.08 for the same period a year ago — an increase of 16%.

Recent Price Action

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On 12/4/24, Synopsys Inc (NASDAQ: SNPS) stock enjoyed a large increase of 3.1%, closing at $588.00. Moreover, trading volume in this advance was exceptionally high at 204% of normal. Relative to the market the stock has been weak over the last nine months but has risen 4.7% during the last week.

Current PriceTarget Research Rating

Synopsys has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Synopsys has a neutral Power Rating of 42 but a poor Appreciation Score of 18, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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