|Bid||81.09 x 800|
|Ask||81.15 x 1100|
|Day's Range||80.25 - 81.58|
|52 Week Range||41.01 - 92.32|
|Beta (5Y Monthly)||1.19|
|PE Ratio (TTM)||23.83|
|Earnings Date||Nov 05, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||95.00|
Apple's (NASDAQ: AAPL) latest generation of iPhone has been announced and will go on sale in early November, and the new devices could not have come out at a better time as the world transitions to fifth-generation (5G) wireless networks. The company reportedly has millions of iPhone users that are currently in an upgrade window, and the aggressive pricing of the iPhone 12 line-up could trigger a "supercycle." As such, Apple looks all set to reap the benefits of the shift to 5G smartphones, as hundreds of millions of such devices are expected to be sold over the next few years.
In the latest trading session, Synaptics (SYNA) closed at $80.91, marking a +0.01% move from the previous day.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Synaptics...