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Realtime updates for Synopsys Inc [SNPS]

Exchange: NASDAQ Sector: Technology Industry: Software—Infrastructure
BUY
55.10%
return -7.63%
SELL
40.82%
return -5.32%
Last Updated26 Apr 2024 @ 16:00

2.56% $ 543.66

BUY 520 min ago

@ $545.42

Issued: 26 Apr 2024 @ 15:31


Return: -0.32%


Previous signal: Apr 26 - 09:33


Previous signal: Sell


Return: 1.61 %

Live Chart Being Loaded With Signals

Commentary (26 Apr 2024 @ 16:00):
Our systems believe the stock currently is undervalued by 0.46% compare to its pairs and should correct upwards.

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Fusion Design Platform that provides digital design implementation solutions; Verification Continuum Platform that provides virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions...

Stats
Today's Volume 997 169
Average Volume 1.07M
Market Cap 82.93B
EPS $0 ( 2024-02-21 )
Next earnings date ( $3.01 ) 2024-05-15
Last Dividend $0 ( N/A )
Next Dividend $0 ( N/A )
P/E 60.01
ATR14 $19.29 (3.55%)
Insider Trading
Date Person Action Amount type
2024-04-10 Borgen Luis Buy 356 Common Stock
2024-04-10 Vallee Roy Buy 356 Common Stock
2024-04-10 Schwarz John Buy 356 Common Stock
2024-04-10 Sargent Jeannine P Buy 356 Common Stock
2024-04-10 Painter Robert G Buy 356 Common Stock
INSIDER POWER
23.67
Last 100 transactions
Buy: 197 048 | Sell: 116 266
Correlation (AI algo v.1.1b): Undervalued: 0.46% $546.08 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: -0.77 (moderate negative)
Short: -0.98 (very strong negative)
Signal:(32) Neutral

Synopsys Inc Correlation

10 Most Positive Correlations
LWAC0.947
SRAC0.945
RMBS0.924
TXG0.923
HEWG0.92
NEOG0.918
HOFT0.915
NYMTM0.912
OXAC0.909
STRA0.908
10 Most Negative Correlations
MTSL-0.896
CNSP-0.896
CNEY-0.893
ASPU-0.893
FEAM-0.889
ABCL-0.886
STAB-0.882
BXRX-0.879
SVAC-0.878
LSAQ-0.871

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Synopsys Inc Correlation - Currency/Commodity

The country flag -0.56
( weak negative )
The country flag -0.60
( weak negative )
The country flag 0.39
( neutral )
The country flag -0.34
( neutral )
The country flag 0.09
( neutral )
The country flag -0.01
( neutral )

Synopsys Inc Financials

Annual 2023
Revenue: $5.84B
Gross Profit: $4.62B (79.08 %)
EPS: $8.08
FY 2023
Revenue: $5.84B
Gross Profit: $4.62B (79.08 %)
EPS: $8.08
FY 2022
Revenue: $5.08B
Gross Profit: $4.02B (79.07 %)
EPS: $6.44
FY 2021
Revenue: $4.20B
Gross Profit: $3.34B (79.50 %)
EPS: $4.96

Financial Reports:

No articles found.

Synopsys Inc

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Fusion Design Platform that provides digital design implementation solutions; Verification Continuum Platform that provides virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. Further, it provides Platform Architect solutions for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. Additionally, the company offers security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. It serves electronics, financial services, automotive, medicine, energy, and industrial areas. The company was incorporated in 1986 and is headquartered in Mountain View, California.

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