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Will Synaptics Beat These Analyst Estimates?

By Seth Jayson - Updated Apr 10, 2017 at 1:46PM

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Checking expectations

Synaptics (Nasdaq: SYNA) is expected to report Q3 earnings on April 25. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Synaptics's revenues will grow 10.7% and EPS will grow 11.8%.

The average estimate for revenue is $145.8 million. On the bottom line, the average EPS estimate is $0.57.

Revenue details
Last quarter, Synaptics booked revenue of $143.0 million. GAAP reported sales were 1.7% lower than the prior-year quarter's $145.5 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 $0.53. GAAP EPS of $0.33 for Q2 were 35% lower than the prior-year quarter's $0.51 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 48.3%, 110 basis points better than the prior-year quarter. Operating margin was 10.8%, 370 basis points worse than the prior-year quarter. Net margin was 7.8%, 410 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $574.1 million. The average EPS estimate is $2.09.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 741 members out of 778 rating the stock outperform, and 37 members rating it underperform. Among 150 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 143 give Synaptics a green thumbs-up, and seven 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 $29.75.

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Stocks Mentioned

Synaptics Incorporated Stock Quote
Synaptics Incorporated
$138.62 (-0.69%) $0.96

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