synopsys inc. - SNPS

SNPS

Close Chg Chg %
557.94 7.13 1.28%

Closed Market

565.07

+7.13 (1.28%)

Volume: 899.97K

Last Updated:

Nov 22, 2024, 4:00 PM EDT

Company Overview: synopsys inc. - SNPS

SNPS Key Data

Open

$557.88

Day Range

556.35 - 568.41

52 Week Range

457.52 - 629.37

Market Cap

$85.71B

Shares Outstanding

153.61M

Public Float

152.91M

Beta

1.08

Rev. Per Employee

N/A

P/E Ratio

57.91

EPS

$9.82

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

846.75K

 

SNPS Performance

1 Week
 
8.51%
 
1 Month
 
12.66%
 
3 Months
 
4.76%
 
1 Year
 
4.12%
 
5 Years
 
317.40%
 

SNPS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
Full Ratings ➔

About synopsys inc. - SNPS

Synopsys, Inc. engages in the provision of electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs). It also offers semiconductor intellectual property (IP) products. It operates through the following segments: Design Automation, Design IP, and Software Integrity. The Design Automation segment includes silicon design, verification products and services, system integration products and services, digital, custom, and FPGA IC design software, verification software and hardware products, and manufacturing software products. The Software Integrity segment includes a solution for building security and compliance testing into the customers' software development lifecycle and supply chain. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Sunnyvale, CA.

SNPS At a Glance

Synopsys, Inc.
675 Almanor Avenue
Sunnyvale, California 94085
Phone 1-650-584-5000 Revenue 5.85B
Industry Packaged Software Net Income 1.23B
Sector Technology Services 2023 Sales Growth 15.422%
Fiscal Year-end 10 / 2024 Employees 20,300
View SEC Filings

SNPS Valuation

P/E Current 57.906
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 59.237
Price to Sales Ratio 12.448
Price to Book Ratio 11.612
Price to Cash Flow Ratio 42.773
Enterprise Value to EBITDA 41.576
Enterprise Value to Sales 12.30
Total Debt to Enterprise Value 0.01

SNPS Efficiency

Revenue/Employee 288,303.498
Income Per Employee 60,585.616
Receivables Turnover 6.18
Total Asset Turnover 0.593

SNPS Liquidity

Current Ratio 1.149
Quick Ratio 1.04
Cash Ratio 0.533

SNPS Profitability

Gross Margin 76.174
Operating Margin 23.693
Pretax Margin 22.243
Net Margin 21.015
Return on Assets 12.454
Return on Equity 21.09
Return on Total Capital 17.994
Return on Invested Capital 19.117

SNPS Capital Structure

Total Debt to Total Equity 11.189
Total Debt to Total Capital 10.063
Total Debt to Total Assets 6.656
Long-Term Debt to Equity 9.795
Long-Term Debt to Total Capital 8.809
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Synopsys Inc. - SNPS

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
3.68B 4.20B 5.07B 5.85B
Sales Growth
+9.69% +13.98% +20.73% +15.42%
Cost of Goods Sold (COGS) incl D&A
833.52M 895.70M 1.23B 1.39B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
214.10M 292.19M 317.95M 344.82M
Depreciation
119.10M 205.75M 218.58M 237.16M
Amortization of Intangibles
95.00M 86.45M 99.36M 107.66M
COGS Growth
+4.95% +7.46% +36.78% +13.82%
Gross Income
2.85B 3.30B 3.85B 4.46B
Gross Income Growth
+11.16% +15.89% +16.38% +15.93%
Gross Profit Margin
+77.38% +78.67% +75.84% +76.17%
2020 2021 2022 2023 5-year trend
SG&A Expense
2.19B 2.55B 2.65B 3.07B
Research & Development
1.28B 1.50B 1.68B 1.95B
Other SG&A
915.94M 1.05B 971.93M 1.12B
SGA Growth
+10.69% +16.21% +3.98% +15.80%
Other Operating Expense
- - - -
-
Unusual Expense
34.10M 34.26M 42.01M 98.00M
EBIT after Unusual Expense
622.17M 719.38M 1.15B 1.29B
Non Operating Income/Expense
21.13M 89.50M (33.87M) 14.32M
Non-Operating Interest Income
3.56M 2.44M 8.54M 36.67M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
5.14M 3.37M 1.70M 1.18M
Interest Expense Growth
-55.91% -34.53% -49.54% -30.62%
Gross Interest Expense
5.14M 3.37M 1.70M 1.18M
Interest Capitalized
- - - -
-
Pretax Income
638.16M 805.51M 1.12B 1.30B
Pretax Income Growth
+16.98% +26.22% +38.48% +16.70%
Pretax Margin
+17.32% +19.18% +22.00% +22.24%
Income Tax
(25.29M) 49.16M 137.08M 83.66M
Income Tax - Current - Domestic
31.14M 97.85M 128.69M 266.72M
Income Tax - Current - Foreign
55.10M 79.89M 45.30M 27.99M
Income Tax - Deferred - Domestic
(104.97M) (106.73M) (40.57M) (194.60M)
Income Tax - Deferred - Foreign
(6.55M) (21.85M) 3.65M (16.44M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
663.45M 756.36M 978.44M 1.22B
Minority Interest Expense
(900.00K) (1.16M) (6.16M) (11.76M)
Net Income
664.35M 757.52M 984.59M 1.23B
Net Income Growth
+24.79% +14.02% +29.98% +24.91%
Net Margin Growth
+18.03% +18.04% +19.42% +21.01%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
664.35M 757.52M 984.59M 1.23B
Preferred Dividends
- - - -
-
Net Income Available to Common
664.35M 757.52M 984.59M 1.23B
EPS (Basic)
4.3957 4.9609 6.4352 8.0836
EPS (Basic) Growth
+23.82% +12.86% +29.72% +25.62%
Basic Shares Outstanding
151.13M 152.70M 153.00M 152.15M
EPS (Diluted)
4.2667 4.8145 6.2919 7.9248
EPS (Diluted) Growth
+23.67% +12.84% +30.69% +25.95%
Diluted Shares Outstanding
155.71M 157.34M 156.49M 155.19M
EBITDA
870.38M 1.05B 1.51B 1.73B
EBITDA Growth
+10.70% +20.16% +44.48% +14.59%
EBITDA Margin
+23.62% +24.90% +29.80% +29.58%

Snapshot

Average Recommendation BUY Average Target Price 650.223
Number of Ratings 23 Current Quarters Estimate 3.529
FY Report Date 01 / 2025 Current Year's Estimate 14.903
Last Quarter’s Earnings 3.30 Median PE on CY Estimate N/A
Year Ago Earnings 13.12 Next Fiscal Year Estimate 17.297
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 13 13 17 10
Mean Estimate 3.53 3.51 14.90 17.30
High Estimates 3.85 3.69 15.24 18.05
Low Estimate 3.36 3.33 14.45 16.75
Coefficient of Variance 4.03 2.96 1.38 2.33

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 17 16 13
OVERWEIGHT 2 2 2
HOLD 3 2 2
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Buy Buy Overweight

Insider Actions for Synopsys Inc. - SNPS

Date Name Shares Transaction Value
Jul 18, 2024 Aart J. de Geus EXECUTIVE CHAIR; Director 107,476 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $89.76 per share 9,647,045.76
Jul 18, 2024 Aart J. de Geus EXECUTIVE CHAIR; Director 106,983 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $620.6 per share 66,393,649.80
Jul 18, 2024 Aart J. de Geus EXECUTIVE CHAIR; Director N/A Bona fide gift 0.00
Jul 18, 2024 Aart J. de Geus EXECUTIVE CHAIR; Director 15,705 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 12, 2024 Aart J. de Geus EXECUTIVE CHAIR; Director 106,983 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $621.68 per share 66,509,191.44
Jul 12, 2024 Aart J. de Geus EXECUTIVE CHAIR; Director 20,786 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 12, 2024 Aart J. de Geus EXECUTIVE CHAIR; Director 16,198 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 21, 2024 Richard S. Mahoney Chief Revenue Officer 3,265 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $611.41 per share 1,996,253.65
Jun 18, 2024 Richard S. Mahoney Chief Revenue Officer 15,664 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 0.00
Jun 18, 2024 Richard S. Mahoney Chief Revenue Officer 6,581 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $590.21 per share 3,884,172.01
Jun 12, 2024 John F. Runkel GC & Corporate Secretary 20,000 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $566.97 per share 11,339,400.00
Jun 12, 2024 John F. Runkel GC & Corporate Secretary 20,366 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $354.48 per share 7,219,339.68
Jun 12, 2024 John F. Runkel GC & Corporate Secretary 20,570 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $234.17 per share 4,816,876.90
Jun 12, 2024 John F. Runkel GC & Corporate Secretary 20,000 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $566.97 per share 11,339,400.00
Jun 12, 2024 John F. Runkel GC & Corporate Secretary 1,139 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 12, 2024 John F. Runkel GC & Corporate Secretary 2,197 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 30, 2024 John F. Runkel GC & Corporate Secretary 1,709 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 30, 2024 John F. Runkel GC & Corporate Secretary 3,352 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 30, 2024 Mercedes Johnson Director 1,543 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $581.38 per share 897,069.34
May 30, 2024 John F. Runkel GC & Corporate Secretary 2,563 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Synopsys Inc. in the News