Synap
Synaptics (SYNA) closed at $72.47 within the newest buying and selling session, marking a +1.32% transfer from the prior day. This transfer outpaced the S&P 500’s day by day achieve of 0.39%. In the meantime, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.34%.
Previous to in the present day’s buying and selling, shares of the maker of touch-screen know-how had gained 4.18% over the previous month. This has lagged the Pc and Expertise sector’s achieve of 6.58% and the S&P 500’s achieve of 4.73% in that point.
Wall Road might be on the lookout for positivity from SYNA because it approaches its subsequent earnings report date. That is anticipated to be February 6, 2020. In that report, analysts count on SYNA to put up earnings of $1.44 per share. This could mark a year-over-year decline of seven.1%. Our most up-to-date consensus estimate is looking for quarterly income of $354.44 million, down 16.7% from the year-ago interval.
Wanting on the full 12 months, our Zacks Consensus Estimates recommend analysts predict earnings of $Four per share and income of $1.29 billion. These totals would mark adjustments of 0% and -12.3%,…