Shares of Technology sector company Synopsys moved 0.4% today, and are now trading at a price of $536.83. The large-cap stock's daily volume was 86,873 compared to its average volume of 778,020. The S&P 500 index returned a 0.0% performance.
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company is based in Mountain View and has 19,000 full time employees. Its market capitalization is $81,643,257,856.
14 analysts are following Synopsys and have set target prices ranging from $420.0 to $600.0 per share. On average, they have given the company a rating of buy. At today's prices, SNPS is trading 4.69% away from its average analyst target price of $512.79 per share.
Over the last year, SNPS's share price has increased by 65.0%, which represents a difference of 50.0% when compared to the S&P 500. The stock's 52 week high is $541.84 per share whereas its 52 week low is $312.25. With average free cash flows of $1.06 Billion that have been growing at an average rate of 30.4% over the last 6 years, Synopsys is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,770,718 | 170,175 | 1,600,543 | -0.11 |
| 2022 | 1,738,900 | 136,589 | 1,602,311 | 14.54 |
| 2021 | 1,492,622 | 93,764 | 1,398,858 | 67.21 |
| 2020 | 991,313 | 154,717 | 836,596 | 38.88 |
| 2019 | 800,513 | 198,129 | 602,384 | 85.2 |
| 2018 | 424,232 | 98,976 | 325,256 |
