Synopsys (SNPS) Rises As Market Takes a Dip: Key Facts

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside- audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Synopsys possesses a Zacks Rank of #4 (Sell). In terms of valuation, Synopsys is presently being traded at a Forward P/E ratio of 42.24. This represents a premium compared to its industry's average Forward P/E of ...