Synopsys stock falls 1.09%, upcoming earnings show decrease, company trading at a premium.
From Nasdaq: 2025-02-14 17:45:11
In the latest trading session, Synopsys (SNPS) closed at $522.53, down 1.09% from the previous day, underperforming the S&P 500. The company’s shares have risen by 2.42% in the last month but lag behind the sector and S&P 500 gains.
Synopsys is set to release its earnings on February 26, 2025, with an estimated EPS of $2.81, a 21.07% decrease from the previous year. Revenue is projected at $1.45 billion, down 11.9% year-over-year. Analysts suggest monitoring estimate revisions for insight into the company’s future performance.
The Zacks Rank system rates Synopsys as a #3 (Hold) stock. With a Forward P/E ratio of 35.46 and PEG ratio of 2.47, the company is trading at a premium compared to industry averages. The Computer – Software industry ranks in the top 36% of over 250 industries, indicating relative strength.
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Read more at Nasdaq: Synopsys (SNPS) Falls More Steeply Than Broader Market: What Investors Need to Know
