Synchronoss Technologies Stock Revenue
SNCR Stock | USD 9.27 0.28 3.11% |
Synchronoss Technologies fundamentals help investors to digest information that contributes to Synchronoss Technologies' financial success or failures. It also enables traders to predict the movement of Synchronoss Stock. The fundamental analysis module provides a way to measure Synchronoss Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Synchronoss Technologies stock.
Last Reported | Projected for Next Year | ||
Total Revenue | 164.2 M | 247.8 M |
Synchronoss | Revenue |
Synchronoss Technologies Company Revenue Analysis
Synchronoss Technologies' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Synchronoss Technologies Revenue | 164.2 M |
Most of Synchronoss Technologies' fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Synchronoss Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Synchronoss
Projected quarterly revenue analysis of Synchronoss Technologies provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Synchronoss Technologies match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Synchronoss Technologies' stock price.
Synchronoss Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Synchronoss Technologies is extremely important. It helps to project a fair market value of Synchronoss Stock properly, considering its historical fundamentals such as Revenue. Since Synchronoss Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Synchronoss Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Synchronoss Technologies' interrelated accounts and indicators.
0.33 | 0.48 | -0.44 | 0.01 | -0.09 | ||
0.33 | 0.95 | 0.1 | -0.12 | 0.56 | ||
0.48 | 0.95 | 0.07 | -0.13 | 0.44 | ||
-0.44 | 0.1 | 0.07 | -0.25 | 0.09 | ||
0.01 | -0.12 | -0.13 | -0.25 | 0.16 | ||
-0.09 | 0.56 | 0.44 | 0.09 | 0.16 |
Click cells to compare fundamentals
Synchronoss Revenue Historical Pattern
Today, most investors in Synchronoss Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Synchronoss Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Synchronoss Technologies revenue as a starting point in their analysis.
Synchronoss Technologies Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Synchronoss Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Synchronoss Technologies reported 164.2 M of revenue. This is 95.97% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The revenue for all United States stocks is 98.26% higher than that of the company.
Synchronoss Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Synchronoss Technologies' direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Synchronoss Technologies could also be used in its relative valuation, which is a method of valuing Synchronoss Technologies by comparing valuation metrics of similar companies.Synchronoss Technologies is currently under evaluation in revenue category among its peers.
Synchronoss Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Synchronoss Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Synchronoss Technologies' managers, analysts, and investors.Environmental | Governance | Social |
Synchronoss Technologies Institutional Holders
Institutional Holdings refers to the ownership stake in Synchronoss Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Synchronoss Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Synchronoss Technologies' value.Shares | Bouvel Investment Partners, Llc | 2024-09-30 | 72.5 K | Lpl Financial Corp | 2024-09-30 | 63 K | Jpmorgan Chase & Co | 2024-09-30 | 58.8 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 56.3 K | Man Group Plc | 2024-09-30 | 53.1 K | Marshall Wace Asset Management Ltd | 2024-09-30 | 51.6 K | Eam Investors, Llc | 2024-09-30 | 49.8 K | Rbf Llc | 2024-09-30 | 49 K | Bank Of America Corp | 2024-09-30 | 48.5 K | B. Riley Financial Inc | 2024-09-30 | 753.2 K | Vanguard Group Inc | 2024-09-30 | 573.7 K |
Synchronoss Fundamentals
Return On Equity | -0.14 | ||||
Return On Asset | 0.0196 | ||||
Profit Margin | (0.19) % | ||||
Operating Margin | 0.10 % | ||||
Current Valuation | 277.04 M | ||||
Shares Outstanding | 10.84 M | ||||
Shares Owned By Insiders | 12.12 % | ||||
Shares Owned By Institutions | 45.80 % | ||||
Number Of Shares Shorted | 112.41 K | ||||
Price To Earning | 6.18 X | ||||
Price To Book | 2.76 X | ||||
Price To Sales | 0.58 X | ||||
Revenue | 164.2 M | ||||
Gross Profit | 160.93 M | ||||
EBITDA | 1.48 M | ||||
Net Income | (34.05 M) | ||||
Cash And Equivalents | 25.51 M | ||||
Cash Per Share | 0.29 X | ||||
Total Debt | 166.21 M | ||||
Debt To Equity | 1.08 % | ||||
Current Ratio | 1.41 X | ||||
Book Value Per Share | 2.71 X | ||||
Cash Flow From Operations | 18.83 M | ||||
Short Ratio | 1.23 X | ||||
Earnings Per Share | (1.98) X | ||||
Price To Earnings To Growth | 1.17 X | ||||
Target Price | 24.33 | ||||
Number Of Employees | 1.32 K | ||||
Beta | 2.0 | ||||
Market Capitalization | 97.45 M | ||||
Total Asset | 310.34 M | ||||
Retained Earnings | (431.16 M) | ||||
Working Capital | 34.3 M | ||||
Current Asset | 406.94 M | ||||
Current Liabilities | 80.18 M | ||||
Net Asset | 310.34 M |
About Synchronoss Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Synchronoss Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Synchronoss Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Synchronoss Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Synchronoss Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Synchronoss Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Synchronoss Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Synchronoss Stock
0.85 | NN | Nextnav Acquisition Corp | PairCorr |
0.81 | CETXP | Cemtrex Pref | PairCorr |
0.8 | FLYW | Flywire Corp | PairCorr |
0.79 | FIVN | Five9 Inc | PairCorr |
0.76 | FTNT | Fortinet | PairCorr |
The ability to find closely correlated positions to Synchronoss Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synchronoss Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Synchronoss Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Synchronoss Technologies to buy it.
The correlation of Synchronoss Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Synchronoss Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synchronoss Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Synchronoss Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Synchronoss Stock Analysis
When running Synchronoss Technologies' price analysis, check to measure Synchronoss Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synchronoss Technologies is operating at the current time. Most of Synchronoss Technologies' value examination focuses on studying past and present price action to predict the probability of Synchronoss Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synchronoss Technologies' price. Additionally, you may evaluate how the addition of Synchronoss Technologies to your portfolios can decrease your overall portfolio volatility.