Shares of Technology sector company Synopsys moved -0.7% today, and are now trading at a price of $506.29. The large-cap stock's daily volume was 1,224,438 compared to its average volume of 1,049,716. The S&P 500 index returned a -1.0% performance.
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company is based in Sunnyvale and has 20,300 full time employees. Its market capitalization is $77,219,856,384.
14 analysts are following Synopsys and have set target prices ranging from $420.0 to $675.0 per share. On average, they have given the company a rating of buy. At today's prices, SNPS is trading -17.09% away from its average analyst target price of $610.64 per share.
Over the last year, SNPS's share price has increased by 51.8%, which represents a difference of 30.5% when compared to the S&P 500. The stock's 52 week high is $573.77 per share whereas its 52 week low is $329.89. With average free cash flows of $1.05 Billion that have been growing at an average rate of 27.4% over the last 6 years, Synopsys is in a position to continue its strong stock performance trend.
Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
---|---|---|---|---|
2023 | 1,703,274 | 189,618 | 1,513,656 | -5.53 |
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 |