Investors focused on the Computer and Technology space have likely heard of Synaptics (SYNA - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
Synaptics is a member of our Computer and Technology group, which includes 606 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. SYNA is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for SYNA's full-year earnings has moved 7.52% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, SYNA has returned 9.55% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 18.22% on average. This means that Synaptics is performing better than its sector in terms of year-to-date returns.
Looking more specifically, SYNA belongs to the Electronics - Semiconductors industry, which includes 35 individual stocks and currently sits at #107 in the Zacks Industry Rank. On average, stocks in this group have gained 8.14% this year, meaning that SYNA is performing better in terms of year-to-date returns.
SYNA will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Investors focused on the Computer and Technology space have likely heard of Synaptics (SYNA - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
Synaptics is a member of our Computer and Technology group, which includes 606 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. SYNA is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for SYNA's full-year earnings has moved 7.52% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, SYNA has returned 9.55% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 18.22% on average. This means that Synaptics is performing better than its sector in terms of year-to-date returns.
Looking more specifically, SYNA belongs to the Electronics - Semiconductors industry, which includes 35 individual stocks and currently sits at #107 in the Zacks Industry Rank. On average, stocks in this group have gained 8.14% this year, meaning that SYNA is performing better in terms of year-to-date returns.
SYNA will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on SYNA - FREE