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Is this Large Market Cap Stock target price reasonable for Synaptics Inc. (NASDAQ:SYNA)?

The company in question is, Synaptics Inc. (NASDAQ:SYNA) currently with a stock price of 66.1 (0.84% today). The market cap for Synaptics Inc. is 2399.13, and is in the sector Technology, and Application Software industry. The target price for Synaptics Inc. is 63.59. Currently Synaptics Inc. is trading with a P/E of 34.5, and a forward P/E of 11.86. Average volume for Synaptics Inc. is 632.08 and so far today it is 302562.

Performance in the last year for Synaptics Inc. has been -21.54%. For EPS growth, Synaptics Inc. has seen a growth of -32.90%, and is looking to grow in the next year to 6.66%. More long term stats show that EPS growth has been 1.10% over the last five years and could be 13.33% for the next five years. Synaptics Inc. has seen sales growth quarter over quarter at -32.40%, with EPS growth quarter over quarter at -124.30%. The 20-day simple moving average is 13.72%, with the 200-day simple moving average coming to -0.44%.

Since the IPO date for Synaptics Inc. on the 1/29/2002, Synaptics Inc. has seen performance year to date to be -18.41%. With Synaptics Inc. trading at 66.1, the dividend yield is *TBA, and the EPS is 1.9.

So could Synaptics Inc., be undervalued? Well as said before P/E is 34.5. The PEG is 2.59, P/S is 1.44 and the P/B is at 3.4. The P/cash is 6.81, with P/free cash flow at 10.74.

Synaptics Inc. ability to deal with debt shows that the current ratio is 2.2, and the quick ratio is 1.8. This is with long term debt/equity at 0.31, and total debt/equity at 0.37.

In terms of margins, Synaptics Inc. has a gross margin of 34.90%, an operating margin of 4.50% and a profit margin of 4.30%.Payout ratio for Synaptics Inc. is 0.00%. Return on assets come to 5.20% with return on investment coming to 7.70%.

Insider ownership for Synaptics Inc., is at 0.40% and institutional ownership comes to 92.30%. Outstanding shares are at 36.6. While shares float is 34.62. The float short is currently 12.23%, and short ratio is 6.7.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Peter Clarke

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