Synchronoss (SNCR) Stock Declines While Market Improves: Some Information for Investors

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]