Synopsys (SNPS) in Focus: Stock Adds 6.2% in Session


Synopsys Inc. (SNPS) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 10.16% since Aug 7.

None of the estimates for this computer software company were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Synopsys carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same industry include Aspen Technology, Inc. (AZPN), Progress Software Corporation (PRGS) and ACI Worldwide, Inc. (ACIW), While Aspen Technology and Progress Software sport a Zacks Rank #1 (Strong Buy), ACI Worldwide holds a Zacks Rank #2 (Buy).

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SYNOPSYS INC (SNPS): Free Stock Analysis Report

ASPEN TECH INC (AZPN): Free Stock Analysis Report

PROGRESS SOFTWARE CP (PRGS): Free Stock Analysis Report

ACI WORLDWIDE INC (ACIW): Free Stock Analysis Report

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