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Synopsys Inc SNPS Stock Quote

| Rating as of

NASDAQ: SNPS

Last close prices updated as of Feb 02, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 368.59
  • Sector Technology
  • Industry Software - Infrastructure
  • Investment Style Large Growth
  • Day Range 366.06  –  374.65
  • Year Range 255.02  –  391.17
  • Market Cap 56.1795 Bil
  • Volume / Avg 939,740.0 /  843,275.4
  • Price / Sales 11.35
  • Price / Book 10.19
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis SNPS

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Economic Moat

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Synopsys Boasts Compelling Growth Outlook With Its EDA Portfolio

Business Strategy and Outlook

| Abhinav Davuluri |

Synopsys provides electronic design automation, or EDA, software, intellectual property, and software integrity products that are critical to the semiconductor chip design process. We expect that as secular trends toward artificial intelligence, 5G communications, autonomous vehicles, and cloud computing, among others, accelerate, Synopsys will benefit from both the rising complexity of chip designs and the advancing digitalization of various end markets. We believe narrow-moat Synopsys has a long growth runway ahead as it continues to make strategic organic and inorganic investments to expand its platform amid a growing semiconductor landscape.

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Key Statistics SNPS

Company Profile SNPS

Business Description

Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm’s growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys’ comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.

Contact
690 East Middlefield Road
Mountain View, CA, 94043
Industry Software - Infrastructure
Employees 19,000

Related Articles SNPS

FAQs for Synopsys Inc Stock

No. SNPS does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

SNPS’s market cap is 56.18 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

SNPS’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

SNPS’s price/sales is 11.30.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

SNPS’s price/forward earnings is 37.04.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

SNPS’s price/book is 10.14.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See SNPS’s valuation ratios compared to the Market Index.

SNPS’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare SNPS’s historical performance against its industry peers and the overall market.