Synchronoss (SNCR) Rises Higher Than Market: Key Facts

Group 1 - Synchronoss (SNCR) closed at $8.66, reflecting a +1.88% increase, outperforming the S&P 500's 1.12% gain [1] - Over the past month, Synchronoss shares have declined by 12.46%, while the Computer and Technology sector and the S&P 500 have lost 7.5% and 4.13% respectively [1] Group 2 - Synchronoss is set to announce its earnings on March 11, 2025, with an expected EPS of $0.10, representing a 111.76% increase year-over-year [2] - Revenue is anticipated to reach $43.64 million, indicating a 5.41% rise compared to the same quarter last year [2] Group 3 - Recent modifications to analyst estimates for Synchronoss are crucial, as they reflect short-term business trends and positive revisions are seen as favorable for the company's outlook [3] - The Zacks Rank system, which incorporates these estimate changes, provides a rating system for actionable insights [4] Group 4 - Synchronoss currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - The company has a Forward P/E ratio of 5.84, significantly lower than the industry average of 25.91 [6] Group 5 - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 133, placing it in the bottom 48% of over 250 industries [6][7]