Synchronoss Technologies, Inc. (NASDAQ:SNCR) shares are moving $39.47 on the news today and have traded in the range of $N/A during the current trading session. A number of brokerage analysts have recently weighed in on the stock, providing price target projections.
The covering firms currently have a consensus one year price target of $55.00 on the stock. This is according to brokerage analysts polled by Thomson Reuters First Call. This is the average number from the individual targets provided by the firms. Analysts are projecting earnings per share of $0.46 for the next fiscal quarter.
For the current year, analysts are predicting earnings of $2.00 per share according to First Call. In looking at where Synchronoss Technologies, Inc. (NASDAQ:SNCR) is trading on a technical level, the stock is trading -0.25% away from its 50 day moving average of $39.57. Based on the most recent available data, the equity is -20.97% off of its 52-week high of $49.94 and +94.15% away from its 52-week low, which is $20.33.
In taking a look at the company’s valuation, the firm’s price to earnings ratio stands at 3036.15. This is a crucial indicator investors’ watch as higher ratios compared to peers, would suggest higher future earnings growth potential for the stock. The price to current year EPS estimates from research analysts currently stands at 19.74. In looking further ahead, potential investors should note that the company’s price to next year’s EPS estimates is 16.18.
Today, the stock of Synchronoss Technologies, Inc. (NASDAQ:SNCR) opened at $N/A and the last bid at the time of writing stood at $39.47. During the session thus far, the equity dipped down to $N/A and touched $N/A as the high point. Synchronoss Technologies, Inc. has a market cap of $1.72B and has seen an average daily volume of 479076 over the past three months.