Synchronoss Technologies (SNCR) Set to Announce Quarterly Earnings on Wednesday
Synchronoss Technologies (NASDAQ:SNCR) will announce its earnings results on Wednesday, February 5th. Parties that wish to listen to the company’s conference call can do so using this link.
Synchronoss Technologies (NASDAQ:SNCR) opened at 26.49 on Tuesday. Synchronoss Technologies has a 52-week low of $23.67 and a 52-week high of $39.30. The stock has a 50-day moving average of $29.92 and a 200-day moving average of $33.49. The company has a market cap of $1.037 billion and a price-to-earnings ratio of 95.56.
A number of analysts have recently weighed in on SNCR shares. Analysts at Pacific Crest cut their price target on shares of Synchronoss Technologies from $39.00 to $37.00 in a research note to investors on Thursday, December 19th. They now have an “outperform” rating on the stock. On the ratings front, analysts at Raymond James upgraded shares of Synchronoss Technologies from an “outperform” rating to a “strong-buy” rating in a research note to investors on Thursday, December 12th. They now have a $40.00 price target on the stock. Finally, analysts at Robert W. Baird downgraded shares of Synchronoss Technologies from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, November 18th. They now have a $35.00 price target on the stock, down previously from $40.00. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $40.35.
In other Synchronoss Technologies news, EVP Paula Hilbert sold 5,574 shares of Synchronoss Technologies stock in a transaction dated Wednesday, January 29th. The stock was sold at an average price of $27.66, for a total value of $154,176.84. Following the sale, the executive vice president now directly owns 24,004 shares of the company’s stock, valued at approximately $663,951. The sale was disclosed in a filing with the SEC, which is available at this link.
Synchronoss Technologies, Inc (NASDAQ:SNCR) is a provider of on-demand transaction management solutions.
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