Value Investing and Stock Selection - Value investing is a preferred method for identifying strong stocks across various market conditions, utilizing proven valuation metrics [1] - Zacks' Style Scores system highlights stocks with specific traits, such as high grades in the "Value" category, which are particularly attractive to value investors [2] Synchronoss Technologies (SNCR) Valuation Metrics - SNCR currently holds a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong potential [3] - The stock's P/E ratio of 13.12 is significantly lower than the industry average of 35.82, suggesting undervaluation [3] - SNCR's Forward P/E has ranged from -16 to 27.71 over the past 52 weeks, with a median of 8.48 [3] - The P/B ratio of 2.94 is also attractive compared to the industry average of 3.64, with a historical range of 2.08 to 5.22 and a median of 3.44 [4] Investment Outlook for SNCR - SNCR appears undervalued based on key valuation metrics and its strong earnings outlook, making it a compelling value stock [5] - The Zacks Rank emphasizes earnings estimates and revisions, but investors also consider value, growth, and momentum trends when selecting stocks [6]

Synchronoss Technologies (SNCR) shares have rallied 16.3% in the past month, outpacing the Zacks Computer & Technology sector’s appreciation of 6%. It has also surpassed the Zacks Internet - Software industry’s 11% rise and peers like Fortinet’s (FTNT) 6.7% growth over the same time frame.Synchronoss's recent positive share price movement has been driven by its strong 2024 revenue growth guidance. The company has indicated an upward revision in its expectations due to consistent growth in its cloud segment, ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

BRIDGEWATER, N.J., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced a three-year contract extension with a leading U.S. telecom provider. Synchronoss Personal Cloud™ enables the provider to deliver cloud offerings for users to securely backup, manage, and share content across smartphones, devices, and the cloud. “We’re proud of our long-standing relationship with this k ...

Synchronoss Technologies (SNCR) shares have surged 44.2% in the year-to-date (YTD) period compared with the Zacks Internet - Software industry’s return of 25.2% and the broader Zacks Computer & Technology sector’s appreciation of 25.8%.SNCR has outperformed its peers, such as Alphabet (GOOGL) and Dropbox (DBX) , which also offer personal cloud services integrated with its respective platforms.Alphabet has returned 23.5% YTD, whereas Dropbox has lost 8.2% over the same time frame.  The outperformance can be ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very sm ...

Synchronoss Technologies (SNCR) reported a non-GAAP loss of 26 cents per share in the third quarter of 2024. This lagged the Zacks Consensus Estimate for earnings of 25 cents. SNCR had reported earnings of 35 cents in the year-ago quarter.Net revenues of $43 million increased 8% year over year and missed the Zacks Consensus Estimate by 0.79%.Following the results, SNCR shares fell 4.65% in the pre-market trading. However, Synchronoss’ stock has gained 78.3% against the Zacks Computer and Technology sector’s ...

Synchronoss Technologies, Inc. (NASDAQ:SNCR) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Ryan Gardella - Investor Relations Jeff Miller - President and Chief Executive Officer Lou Ferraro - Chief Financial Officer Conference Call Participants Jon Hickman - Ladenburg Thalmann Aditya Dagaonkar - Northland Capital Operator Greetings and welcome to the Synchronoss Technologies Third Quarter 2024 Earnings Call. At this time, all participants are in the listen-only mode. A q ...