Synchronoss Technologies(SNCR)
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Synchronoss (SNCR) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-02-26 23:55
Company Performance - Synchronoss (SNCR) closed at $9.28, reflecting a -0.22% change from the previous trading day's close, underperforming the S&P 500's daily gain of 0.01% [1] - Over the past month, shares of Synchronoss have decreased by 5.87%, which is worse than the Computer and Technology sector's loss of 5.51% and the S&P 500's loss of 2.26% [1] Upcoming Earnings - Synchronoss is set to announce its earnings on March 11, 2025, with an expected EPS of $0.10, indicating a significant increase of 111.76% from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $43.64 million, representing a 5.41% increase from the previous year [2] Analyst Estimates - Recent changes in analyst estimates for Synchronoss are important as they reflect the shifting dynamics of short-term business patterns, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [4] Valuation Metrics - Synchronoss is currently trading at a Forward P/E ratio of 6.39, which is significantly lower than the industry average Forward P/E of 27.94 [6] - The Internet - Software industry, to which Synchronoss belongs, has a Zacks Industry Rank of 75, placing it in the top 30% of over 250 industries [6] Zacks Rank System - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with stocks rated 1 historically producing an average annual return of +25% since 1988 [5] - Currently, Synchronoss holds a Zacks Rank of 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the past month [5]
Synchronoss Technologies 公布 2024 年第四季度及全年财报电话会议日期
Globenewswire· 2025-02-26 20:00
Group 1 - Synchronoss Technologies Inc. will hold a conference call on March 11, 2025, at 4:30 PM ET to discuss its financial performance for Q4 and the full year ending December 31, 2024 [1] - The financial results will be released prior to the conference call through a press release [1] - The call will be hosted by Synchronoss management and will include a Q&A session [1] Group 2 - Synchronoss Technologies is a leading global provider of personal cloud solutions, aimed at helping service providers establish secure and meaningful connections with their users [2] - The company's SaaS cloud platform simplifies onboarding processes, enhances user engagement, increases revenue streams, reduces costs, and accelerates time to market [2] - Millions of users trust Synchronoss to protect their most valuable memories and important digital content [2]
Synchronoss Technologies Announces Fourth Quarter and Full Year 2024 Earnings Call Date
Globenewswire· 2025-02-25 21:05
Core Points - Synchronoss Technologies Inc. will hold a conference call on March 11, 2025, to discuss its financial results for Q4 and the full year ended December 31, 2024 [1][2] - The conference call will include a presentation by management followed by a Q&A session [2] - Synchronoss is recognized as a global leader in personal Cloud solutions, providing a SaaS Cloud platform that enhances subscriber engagement and revenue streams [3] Company Overview - Synchronoss Technologies empowers service providers to create secure connections with subscribers, simplifying onboarding processes [3] - The company focuses on safeguarding digital content for millions of subscribers, enhancing their digital experience [3]
Synchronoss (SNCR) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2025-01-31 23:56
In the latest trading session, Synchronoss (SNCR) closed at $9.88, marking a -1% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.51%. Meanwhile, the Dow lost 0.75%, and the Nasdaq, a tech-heavy index, lost 0.28%.The the stock of mobile services company has risen by 4.94% in the past month, leading the Computer and Technology sector's gain of 0.79% and the S&P 500's gain of 2.87%.Investors will be eagerly watching for the performance of Synchronoss in its upcomin ...
Is Trending Stock Synchronoss Technologies, Inc. (SNCR) a Buy Now?
ZACKS· 2025-01-27 15:01
Synchronoss (SNCR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this mobile services company have returned +9.4%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Internet - Software industry, which Synchronoss falls in, has gained 4.6%. The key question now is: What could be the stock's future ...
Synchronoss (SNCR) Laps the Stock Market: Here's Why
ZACKS· 2025-01-23 00:05
The latest trading session saw Synchronoss (SNCR) ending at $9.41, denoting a +1.18% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.61%. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.28%.Coming into today, shares of the mobile services company had gained 0.87% in the past month. In that same time, the Computer and Technology sector gained 1.24%, while the S&P 500 gained 2.08%.Investors will be eag ...
Synchronoss (SNCR) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-01-17 00:06
Company Performance - Synchronoss (SNCR) closed at $9.17, reflecting a +1.55% change from the previous session, outperforming the S&P 500's daily loss of 0.21% [1] - Over the past month, Synchronoss shares appreciated by 1.69%, while the Computer and Technology sector lost 2.15% and the S&P 500 lost 1.56% [1] Upcoming Earnings - The company is expected to report an EPS of $0.10, representing a 111.76% increase from the same quarter last year [2] - Revenue is forecasted at $43.64 million, up 5.41% from the prior-year quarter [2] Analyst Estimates - Recent adjustments to analyst estimates indicate positive sentiment towards Synchronoss's business operations and profit generation capabilities [3] - A 14.71% rise in the Zacks Consensus EPS estimate over the past month suggests increasing analyst confidence [5] Valuation Metrics - Synchronoss is currently trading at a Forward P/E ratio of 6.21, significantly lower than its industry's Forward P/E of 28.24 [6] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 33, placing it in the top 14% of over 250 industries [6] Zacks Rank System - Synchronoss holds a Zacks Rank of 1 (Strong Buy), which has historically outperformed with an average annual gain of +25% since 1988 [5] - The Zacks Rank system is based on the average Zacks Rank of individual stocks within industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
SNCR Stock Rises 59% in a Year: Here's Why the Stock is a Strong Buy
ZACKS· 2025-01-15 16:50
Stock Performance - Synchronoss Technologies (SNCR) shares surged 58.6% over the trailing 12-month period, outperforming the Zacks Internet - Software industry's return of 32.1% and the Zacks Computer & Technology sector's appreciation of 29.3% [1] - SNCR outperformed peers like Microsoft (MSFT), which returned 23.5%, and Dropbox (DBX), which lost 3.9% over the same period [2] Cloud Platform and AI Features - SNCR launched the next-generation Synchronoss Personal Cloud platform at CES 2025, featuring enhanced AI-powered photo editing tools, an improved interface, and advanced backup functionalities [4] - The platform supports over 11 million subscribers globally through carriers like AT&T, Verizon (VZ), and SoftBank, with features like iPhone storage optimization and Android's improved folder backup [4] - The platform prioritizes data privacy and security, offering a seamless, ad-free experience and customizable options for managing digital content [5] Revenue and Growth Drivers - SNCR's cloud subscribers grew 5.1% year over year in Q3 2024, driving 8% of total revenues, with quarterly recurring revenues at 92.2% [3] - 75% of SNCR's revenues are under contract for at least four years, boosting top-line visibility [7] - The Zacks Consensus Estimate for full-year 2025 revenues is $180.87 million, indicating year-over-year growth of 4.53% [9] - The Zacks Consensus Estimate for 2024 earnings is $1.46 per share, reflecting a 99.32% year-over-year increase [9] Client and Partner Expansion - SNCR's rich partner base, including Verizon and AT&T, has been a major growth driver, with strong demand for personal cloud solutions supporting smartphones, tablets, and computers [6] - In December 2024, SNCR announced a three-year contract extension with a leading U.S. telecom provider for its Personal Cloud solution [7] - In Q3 2024, SNCR secured a three-year contract extension with SFR, part of Altice France, serving over 27 million users, deepening integration with SFR's ecosystem [8] Valuation and Investment Potential - SNCR's shares are trading at a significant discount, with a Value Score of A and a forward 12-month Price/Sales ratio of 0.52, significantly below the industry average of 2.96 [11] - SNCR's robust pipeline of new customer opportunities, product innovation in AI and cloud services, and focus on user experience and security are expected to drive sustained revenue expansion and market leadership [12] - Synchronoss Technologies currently holds a Zacks Rank 1 (Strong Buy) [13]
Synchronoss Technologies launches AI-powered cloud at CES 2025 - ICYMI
Proactiveinvestors NA· 2025-01-11 16:22
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Synchronoss unveils next-generation personal cloud at CES 2025
Proactiveinvestors NA· 2025-01-07 14:59
Company Overview - Proactive is a financial news and online broadcast provider delivering fast, accessible, and actionable business and finance news to a global investment audience [1] - The company operates in key finance and investing hubs worldwide, including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] Industry Coverage - The company provides news and unique insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology and Content Production - Proactive is a forward-looking technology adopter, equipping its human content creators with decades of expertise and experience [4] - The company occasionally uses automation and software tools, including generative AI, but all content is ultimately edited and authored by humans [5] - Proactive adheres to best practices in content production and search engine optimization [5]