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EPS for Synopsys, Inc. (SNPS) Expected At $0.41

Synopsys, Inc. (NASDAQ:SNPS) LogoInvestors sentiment increased to 1.04 in Q2 2018. Its up 0.29, from 0.75 in 2018Q1. It is positive, as 25 investors sold Synopsys, Inc. shares while 157 reduced holdings. 46 funds opened positions while 144 raised stakes. 128.62 million shares or 0.27% less from 128.97 million shares in 2018Q1 were reported.
26,209 were accumulated by Sumitomo Mitsui Asset Mngmt Co Ltd. Stone Ridge Asset invested in 24,074 shares or 0.12% of the stock. Moreover, Teachers Retirement Sys Of The State Of Kentucky has 0.02% invested in Synopsys, Inc. (NASDAQ:SNPS). Daiwa Grp holds 0% or 5,016 shares. Susquehanna Intl Limited Liability Partnership holds 0% or 3,447 shares. Amica Pension Fund Board Of Trustees holds 0.05% or 4,505 shares in its portfolio. Toronto Dominion Natl Bank invested 0.02% in Synopsys, Inc. (NASDAQ:SNPS). Signaturefd Limited Liability Company owns 624 shares for 0.01% of their portfolio. Atria Invs Limited stated it has 9,874 shares. Utah Retirement has 0.05% invested in Synopsys, Inc. (NASDAQ:SNPS) for 27,462 shares. State Street Corp reported 6.35 million shares stake. Envestnet Asset accumulated 8,015 shares. Hightower Advisors Llc holds 0.01% or 8,223 shares in its portfolio. Great West Life Assurance Can, Manitoba – Canada-based fund reported 148,744 shares. Bbva Compass Bancshares Inc stated it has 0.08% in Synopsys, Inc. (NASDAQ:SNPS).

Since May 25, 2018, it had 0 insider buys, and 6 selling transactions for $9.84 million activity. On Friday, August 24 the insider CHAN CHI-FOON sold $367,565. Shares for $2.03M were sold by Logan Joseph W on Friday, August 24.

Analysts expect Synopsys, Inc. (NASDAQ:SNPS) to report $0.41 EPS on December, 5.They anticipate $1.21 EPS change or 151.25 % from last quarter’s $-0.8 EPS. SNPS’s profit would be $60.92M giving it 56.92 P/E if the $0.41 EPS is correct. After having $0.52 EPS previously, Synopsys, Inc.’s analysts see -21.15 % EPS growth. The stock decreased 1.05% or $0.99 during the last trading session, reaching $93.35. About 787,378 shares traded. Synopsys, Inc. (NASDAQ:SNPS) has risen 28.30% since November 10, 2017 and is uptrending. It has outperformed by 12.68% the S&P500.

Synopsys, Inc. (NASDAQ:SNPS) Ratings Coverage

Among 3 analysts covering Synopsys (NASDAQ:SNPS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Synopsys had 4 analyst reports since May 24, 2018 according to SRatingsIntel. KeyBanc Capital Markets maintained Synopsys, Inc. (NASDAQ:SNPS) rating on Thursday, May 24. KeyBanc Capital Markets has “Overweight” rating and $112 target. The stock of Synopsys, Inc. (NASDAQ:SNPS) has “Overweight” rating given on Thursday, August 23 by KeyBanc Capital Markets. Credit Suisse maintained the stock with “Outperform” rating in Thursday, May 24 report. The stock of Synopsys, Inc. (NASDAQ:SNPS) earned “Neutral” rating by JP Morgan on Tuesday, October 23.

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits (ICs). The company has market cap of $13.87 billion. It offers Galaxy Design platform that offers IC design solutions; Verification Continuum Platform, which provides virtual prototyping, static and formal verification, simulation, emulation, field-programmable gate array (FPGA) prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It has a 251.62 P/E ratio. The firm also offers DesignWare 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 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.

Another recent and important Synopsys, Inc. (NASDAQ:SNPS) news was published by which published an article titled: “Analysis: Positioning to Benefit within At Home Group, Synopsys, Agilent Technologies, AGNC Investment, Helios and …” on October 31, 2018.

Synopsys, Inc. (NASDAQ:SNPS) Institutional Positions Chart

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