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Synaptics (SYNA) Catches Eye: Stock Jumps 10%

Zacks Equity Research

Synaptics Incorporated SYNA was a big mover last session, as the company saw its shares rise nearly 10% 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 32.8% in the past one-month time frame.

The move came in after the company reported better-than-expected results in first-quarter fiscal 2020 (Sep 28, 2019).

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Synaptics currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Synaptics Incorporated Price

Synaptics Incorporated Price

Synaptics Incorporated price | Synaptics Incorporated Quote

A better-ranked stock in the Electronics – Semiconductors industry is Amkor Technology, Inc. AMKR, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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