Synchronoss (SNCR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this mobile services company have returned -4.1% over the past month versus the Zacks S&P 500 composite's +3.5% change. The Zacks Internet - Software industry, to which Synchronoss belongs, has gained 9% over this period. Now the key question is: Where could the stock be headed in the near term? Althou ...

Synchronoss Technologies (SNCR) shares are one of the cheaper stocks in the broader Zacks Computer & Technology sector, with a Value Score of A. SNCR stock is trading at a significant discount with a forward 12-month Price/Sales (P/S) ratio of 0.73X compared with the sector's 6.2X. It is cheaper than its Zacks Internet Software industry peer Aspen Technology (AZPN) , which is currently trading at a forward 12-month P/S of 12.31X. SNCR's cheap valuation is attractive for investors. However, is it worth buyin ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Synchronoss (SNCR) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Synchronoss currently has an average brokerage recommendat ...

Synchronoss (SNCR) shares rallied 5.1% in the last trading session to close at $14.11. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.7% loss over the past four weeks. Synchronoss is benefitting from strong cloud subscriber growth. In the second quarter of 2024, the number of cloud subscribers grew 6.1%, which drove 5.9% of total revenues. This mobile services company is expected to post quarterly earnings ...

Synchronoss Technologies' (SNCR) announced the latest version of its carrier-grade Personal Cloud platform on Wednesday. This will enable service providers to deliver enhanced cloud solutions that are expected to boost subscriber engagement. The new Synchronoss Personal Cloud provides a customized white-label solution for service providers, empowering subscribers to manage, back up and optimize their digital content across various mobile devices, laptops, and computers. With the introduction of the Memories ...

Synchronoss Technologies (SNCR) shares have returned 111% in the year-to-date period, outperforming the Zacks Computer & Technology sector and the Zacks Internet Software industry. The sector and the industry have returned 20.8% and 22.1% over the same time frame. SNCR shares have also outperformed industry peer Aspen Technology (AZPN) , shares of which have returned 6% YTD. This white-label cloud software and services provider is benefiting from strong cloud subscriber growth. In the second quarter of 2024 ...

The most recent trading session ended with Synchronoss (SNCR) standing at $13.12, reflecting a +1% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.25%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.56%. Shares of the mobile services company have appreciated by 1.25% over the course of the past month, outperforming the Computer and Technology sector's loss of 0.11% and lagging the S&P 500's gain of 1.65%. The investment comm ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

The latest trading session saw Synchronoss (SNCR) ending at $13.67, denoting a +0.81% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.75%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1%. The mobile services company's stock has climbed by 14.62% in the past month, exceeding the Computer and Technology sector's gain of 2.48% and the S&P 500's gain of 4.03%. The investment community will be paying cl ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...