Synaptics
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Synaptics's revenues will increase 66.3% and EPS will grow 129.6%.
The average estimate for revenue is $228.8 million. On the bottom line, the average EPS estimate is $1.24.
Revenue details
Last quarter, Synaptics booked revenue of $163.3 million. GAAP reported sales were 24% higher than the prior-year quarter's $131.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.79. GAAP EPS of $1.07 for Q3 were 224% higher than the prior-year quarter's $0.33 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 49.6%, 240 basis points better than the prior-year quarter. Operating margin was 14.6%, 340 basis points better than the prior-year quarter. Net margin was 22.3%, much better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $662.0 million. The average EPS estimate is $2.94.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 750 members out of 788 rating the stock outperform, and 38 members rating it underperform. Among 160 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 154 give Synaptics a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Synaptics is outperform, with an average price target of $41.91.
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