Synchronoss Technologies, Inc. (SNCR) is Attracting Investor Attention: Here is What You Should Know

Zacks11-29

Synchronoss (SNCR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. ...

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So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/synchronoss-technologies-inc-sncr-attracting-140011137.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Synchronoss Technologies, Inc. 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(SNCR) is Attracting Investor Attention: Here is What You Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-29 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/synchronoss-technologies-inc-sncr-attracting-140011137.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Synchronoss (SNCR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/synchronoss-technologies-inc-sncr-attracting-140011137.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNCRL","symbol_name":"Synchronoss Technologies, Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/synchronoss-technologies-inc-sncr-attracting-140011137.html","article_id":"2487556946","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/UYup8AGIrn99rMsHiTllqA--~B/aD04NzY7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d0d4ab152198da2f423d92da8a7d22ee"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2487556946","pubTimestamp":1732888811,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Synchronoss  is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this mobile services company have returned -8.9% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Internet - Software industry, to which Synchronoss belongs, has gained 4.9% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for l","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNCRL":"Synchronoss Technologies, Inc.","BK4023":"应用软件","SNCR":"Synchronoss Technologies, Inc."},"translate_title":"Synchronoss Technologies,Inc.(SNCR)正在吸引投资者的关注：以下是您应该了解的内容","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNCR":1,"SNCRL":1},"content_text":"Synchronoss (SNCR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.\nShares of this mobile services company have returned -8.9% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Internet - Software industry, to which Synchronoss belongs, has gained 4.9% over this period. Now the key question is: Where could the stock be headed in the near term?\nAlthough media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.\nRevisions to Earnings Estimates\nHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.\nOur analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.\nSynchronoss is expected to post earnings of $0.10 per share for the current quarter, representing a year-over-year change of +111.8%. Over the last 30 days, the Zacks Consensus Estimate has changed -102.9%.\nFor the current fiscal year, the consensus earnings estimate of $0.73 points to a change of +151.8% from the prior year. Over the last 30 days, this estimate has changed -86.5%.\nFor the next fiscal year, the consensus earnings estimate of $1.33 indicates a change of +82.2% from what Synchronoss is expected to report a year ago. Over the past month, the estimate has changed +15.7%.\nWith an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Synchronoss.\nThe chart below shows the evolution of the company's forward 12-month consensus EPS estimate:\n12 Month EPS\nProjected Revenue Growth\nEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.\nIn the case of Synchronoss, the consensus sales estimate of $43.64 million for the current quarter points to a year-over-year change of +5.4%. The $172.9 million and $182.88 million estimates for the current and next fiscal years indicate changes of -19.4% and +5.8%, respectively.\nLast Reported Results and Surprise History\nSynchronoss reported revenues of $42.96 million in the last reported quarter, representing a year-over-year change of -22.8%. EPS of -$0.26 for the same period compares with $0.45 a year ago.\nCompared to the Zacks Consensus Estimate of $43.31 million, the reported revenues represent a surprise of -0.79%. The EPS surprise was -204%.\nOver the last four quarters, Synchronoss surpassed consensus EPS estimates two times. The company topped consensus revenue estimates two times over this period.\nValuation\nNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.\nWhile comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.\nThe Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.\nSynchronoss is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.\nConclusion\nThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Synchronoss. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nSynchronoss Technologies, Inc. (SNCR) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2487556946"}