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Synopsys (SNPS)

(Real Time Quote from BATS)

$548.08 USD

548.08
469,908

+17.97 (3.39%)

Updated Apr 26, 2024 12:56 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value C Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 33% (82 out of 252)

Industry: Computer - Software

Better trading starts here.

Balance Sheet

Research for SNPS

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Synopsys, Inc falls in the month of October.

All items in Millions except Per Share data.

10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019
Assets          
Cash & Equivalents 1,591 1,566 1,581 1,236 729
Receivables 947 796 601 813 579
Notes Receivable 0 0 0 0 0
Inventories 326 212 229 192 142
Other Current Assets 568 439 398 308 290
Total Current Assets 3,431 3,013 2,808 2,549 1,739
Net Property & Equipment 557 483 472 484 430
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 861 671 613 498 390
Intangibles 4,445 4,229 3,855 3,619 3,451
Deposits & Other Assets 471 464 511 414 396
Total Assets 10,333 9,418 8,752 8,030 6,405
Liabilities & Shareholders Equity 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 1,124 809 695 624 506
Current Portion Long-Term Debt 0 0 75 27 18
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 46 28 16
Other Current Liabilities 1,776 1,911 1,518 1,388 1,212
Total Current Liabilities 2,985 2,775 2,413 2,140 1,752
Mortgages 0 0 0 0 0
Deferred Taxes/Income 175 154 136 105 90
Convertible Debt 0 0 0 0 0
Long-Term Debt 18 21 25 101 120
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 386 328 391 310 354
Minority Interest (Liabilities) 31 39 0 0 0
Total Liabilities 4,180 3,898 3,453 3,118 2,316
Shareholders Equity 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2 2 2 2 2
Capital Surplus 1,276 1,487 1,576 1,653 1,635
Retained Earnings 6,742 5,534 4,550 3,795 3,164
Other Equity -190 -229 -46 -49 -87
Treasury Stock 1,676 1,273 783 489 626
Total Shareholder's Equity 6,153 5,521 5,299 4,912 4,089
Total Liabilities & Shareholder's Equity 10,333 9,418 8,752 8,030 6,405
Total Common Equity 6,153 5,521 5,299 4,912 4,089
Shares Outstanding 152.10 152.90 152.50 151.70 150.20
Book Value Per Share 40.46 36.11 34.75 32.38 27.22

Fiscal Year End for Synopsys, Inc falls in the month of October.

All items in Millions except Per Share data.

1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Assets          
Cash & Equivalents 1,273 1,591 1,835 1,695 1,302
Receivables 1,064 947 667 780 1,035
Notes Receivable 0 0 0 0 0
Inventories 383 326 283 256 221
Other Current Assets 688 568 484 429 470
Total Current Assets 3,408 3,431 3,268 3,161 3,028
Net Property & Equipment 567 557 536 546 517
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 955 861 814 774 719
Intangibles 4,509 4,445 4,225 4,245 4,226
Deposits & Other Assets 569 471 506 487 488
Total Assets 10,558 10,333 9,923 9,791 9,566
Liabilities & Shareholders Equity 1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Notes Payable 0 0 0 0 0
Accounts Payable 699 1,124 905 702 664
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1,856 1,776 1,744 1,969 1,995
Total Current Liabilities 2,645 2,985 2,730 2,749 2,725
Mortgages 0 0 0 0 0
Deferred Taxes/Income 190 175 195 191 173
Convertible Debt 0 0 0 0 0
Long-Term Debt 17 18 18 20 21
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 437 390 366 365
Minority Interest (Liabilities) 31 31 36 36 36
Total Liabilities 3,883 4,180 3,959 3,954 3,923
Shareholders Equity 1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2 2 2 2 2
Capital Surplus 1,183 1,276 1,257 1,330 1,293
Retained Earnings 7,189 6,742 6,390 6,075 5,806
Other Equity -159 -190 -142 -141 -136
Treasury Stock 1,539 1,676 1,543 1,429 1,321
Total Shareholder's Equity 6,676 6,153 5,964 5,837 5,643
Total Liabilities & Shareholder's Equity 10,558 10,333 9,923 9,791 9,566
Total Common Equity 6,676 6,153 5,964 5,837 5,643
Shares Outstanding 152.50 152.10 152.10 152.20 152.30
Book Value Per Share 43.77 40.46 39.21 38.35 37.05