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? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Synchronoss (SNCR) . Synchronoss currently has an average brokerage recommendation (ABR) of 1. ...

BRIDGEWATER, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective after the US market opens today, July 1. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30, ranking them by total market capitalization. Mem ...

BRIDGEWATER, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective after the US market opens today, July 1. "Synchronoss' inclusion in the Russell Microcap® Index underscores our successful transformation into a focused Cloud company," said CEO Jeff Miller. "Our ...

The mobile services company's stock has dropped by 10.21% in the past month, falling short of the Computer and Technology sector's gain of 6.18% and the S&P 500's gain of 3.38%. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.56 per share and revenue of $172.84 million, which would represent changes of +139.72% and -19.41%, respectively, from the prior year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capital ...

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Synchronoss is expected to post earnings of $0.07 per share for the current quarter, representing a year-overyear change of +125.9%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. Shares of this mobile services company have ...

Coming into today, shares of the mobile services company had lost 26.47% in the past month. In that same time, the Computer and Technology sector gained 8.85%, while the S&P 500 gained 3.59%. It's also important for investors to be aware of any recent modifications to analyst estimates for Synchronoss. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. With respect t ...

Synchronoss (SNCR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Revisions to Earnings Estimates For the current quarter, Synchronoss is expected to post earnings of $0.07 per share, indicating a change of +125.9% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. With an impressive externally audited track record, our proprietary stock ...

About Synchronoss Investor Relations Contact: Tom Colton and Alec Wilson Gateway Group, Inc. SNCR@gateway-grp.com Synchronoss granted the newly hired Japan Country Manager an aggregate of 15,000 time-based restricted stock awards. The shares of restricted stock will vest 1/3rd on the first, second, and third anniversary of the grant date, subject to continuous service after the first and second vesting. In addition, the employee received an aggregate of 5,000 time-based stock option awards. The Stock Option ...

BRIDGEWATER, N.J., May 29, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. ("Synchronoss" or the "Company") (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, is pleased to announce that Junji Nishara has been appointed as the new Country Manager for Japan operations, effective May 15, 2024. Synchronoss, which has operated in Japan for over 20-years, announced on November 1, 2023, that it will focus on its Cloud business following the sale of its Messaging and NetworkX busine ...

BRIDGEWATER, N.J., May 29, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. ("Synchronoss" or the "Company") (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, is pleased to announce that Junji Nishara has been appointed as the new Country Manager for Japan operations, effective May 15, 2024. Synchronoss, which has operated in Japan for over 20-years, announced on November 1, 2023, that it will focus on its Cloud business following the sale of its Messaging and NetworkX busine ...