Synopsys logged a 0.7% change during today's morning session, and is now trading at a price of $447.29 per share. The S&P 500 index moved 0.0%. SNPS's trading volume is 55,859 compared to the stock's average volume of 780,433.
Synopsys trades -7.89% away from its average analyst target price of $485.62 per share. The 13 analysts following the stock have set target prices ranging from $420.0 to $515.0, and on average have given Synopsys a rating of buy.
Anyone interested in buying SNPS should be aware of the facts below:
-
Synopsys's current price is 530.8% above its Graham number of $70.91, which implies that at its current valuation it does not offer a margin of safety
-
Synopsys has moved 43.0% over the last year, and the S&P 500 logged a change of 16.0%
-
Based on its trailing earnings per share of 6.62, Synopsys has a trailing 12 month Price to Earnings (P/E) ratio of 67.6 while the S&P 500 average is 15.97
-
SNPS has a forward P/E ratio of 35.2 based on its forward 12 month price to earnings (EPS) of $12.7 per share
-
The company has a price to earnings growth (PEG) ratio of 2.35 — a number near or below 1 signifying that Synopsys is fairly valued compared to its estimated growth potential
-
Its Price to Book (P/B) ratio is 11.42 compared to its sector average of 6.23
-
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits.
-
Based in Mountain View, the company has 19,000 full time employees and a market cap of $68.03 Billion.