SNCR - Synchronoss Technologies Inc Stock Price, Fair Value and News

6.54USD+0.02 (+0.31%)Market Closed

Market Summary

USD6.54+0.02

Market Closed

0.31%

SNCR Stock Price

View Fullscreen

SNCR RSI Chart

SNCR Valuation

Market Cap

67.4M

Price/Earnings (Trailing)

-1.04

Price/Sales (Trailing)

0.41

EV/EBITDA

120.84

Price/Free Cashflow

3.85

SNCR Price/Sales (Trailing)

SNCR Profitability

EBT Margin

-17.85%

Return on Equity

-242.35%

Return on Assets

-20.8%

Free Cashflow Yield

25.99%

SNCR Fundamentals

SNCR Revenue

Revenue (TTM)

164.2M

Rev. Growth (Yr)

0.36%

Rev. Growth (Qtr)

4.05%

SNCR Earnings

Earnings (TTM)

-64.5M

Earnings Growth (Yr)

-119.76%

Earnings Growth (Qtr)

-576.87%

Breaking Down SNCR Revenue

Last 7 days

1.9%

Last 30 days

-20.7%

Last 90 days

-9.4%

Trailing 12 Months

-19.3%

How does SNCR drawdown profile look like?

SNCR Financial Health

Current Ratio

1.72

Debt/Equity

5.11

Debt/Cashflow

0.14

SNCR Investor Care

Shares Dilution (1Y)

2.19%

Diluted EPS (TTM)

-6.61

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	168.9M	163.8M	164.0M	164.2M
2022	185.4M	181.5M	177.7M	173.8M
2021	280.0M	275.0M	276.2M	189.3M
2020	297.8M	296.5M	312.9M	291.7M
2019	330.2M	331.3M	300.3M	308.7M
2018	400.0M	357.7M	350.0M	325.8M
2017	434.1M	432.0M	403.1M	402.4M
2016	341.2M	374.6M	405.7M	426.3M
2015	323.6M	339.9M	356.2M	372.6M
2014	369.2M	388.9M	424.3M	307.3M
2013	287.4M	304.3M	325.0M	349.0M
2012	240.8M	252.9M	262.7M	273.7M
2011	183.8M	201.4M	216.2M	229.1M
2010	0	141.2M	153.6M	166.0M
2009	0	0	0	128.8M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Synchronoss Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 18, 2024	gabrys christina	sold	-6,245	6.419	-973	svp and clo
Apr 18, 2024	doran patrick joseph	sold	-10,713	6.419	-1,669	evp & chief technology officer
Apr 12, 2024	harris laurie	sold	-3,144	7.65	-411	-
Apr 10, 2024	gabrys christina	sold	-1,144	7.68	-149	svp and clo
Apr 10, 2024	waldis stephen g	sold	-3,701	7.68	-482	executive chairman
Apr 10, 2024	doran patrick joseph	sold	-5,376	7.68	-700	evp & chief technology officer
Mar 06, 2024	gabrys christina	sold	-3,321	9.329	-356	svp and clo
Mar 05, 2024	doran patrick joseph	sold	-25,654	9.329	-2,750	evp & chief technology officer
Feb 22, 2024	rendino kevin	bought	46,497	9.2994	5,000	-
Feb 21, 2024	rendino kevin	bought	5,583	9.05	617	-

Which funds bought or sold SNCR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-5.73	980,933	4,647,140	0.01%
Apr 16, 2024	Bouvel Investment Partners, LLC	added	3.39	180,089	641,672	0.28%
Mar 11, 2024	VANGUARD GROUP INC	sold off	-100	-4,940,940	-	-%
Mar 11, 2024	VANGUARD GROUP INC	new	-	3,551,320	3,551,320	-%
Feb 15, 2024	BARCLAYS PLC	new	-	5,000	5,000	-%
Feb 15, 2024	BARCLAYS PLC	sold off	-100	-7,000	-	-%
Feb 14, 2024	Coppell Advisory Solutions LLC	sold off	-100	-587	-	-%
Feb 14, 2024	BNP PARIBAS ARBITRAGE, SNC	sold off	-100	-381	-	-%
Feb 14, 2024	Engineers Gate Manager LP	sold off	-100	-14,087	-	-%
Feb 14, 2024	MILLENNIUM MANAGEMENT LLC	sold off	-100	-11,027	-	-%

Are Funds Buying or Selling SNCR?

Are funds buying SNCR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SNCR

No. of Funds

Unveiling Synchronoss Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.51%	571,871	SC 13G
Jan 12, 2024	allspring global investments holdings, llc	5.69%	590,372	SC 13G/A
Jan 12, 2024	allspring global investments holdings, llc	5.69%	590,372	SC 13G/A
Dec 19, 2023	180 degree capital corp. /ny/	-	851,257	SC 13D/A
Dec 18, 2023	180 degree capital corp. /ny/	-	7,514,543	SC 13D/A
Dec 04, 2023	180 degree capital corp. /ny/	-	7,496,196	SC 13D
Nov 01, 2023	b. riley financial, inc.	12.9%	12,080,499	SC 13D/A
Mar 22, 2023	b. riley financial, inc.	13.3%	12,080,499	SC 13D/A
Mar 13, 2023	b. riley financial, inc.	13.3%	12,080,499	SC 13D/A
Feb 14, 2023	180 degree capital corp. /ny/	-	7,822,738	SC 13G/A

Recent SEC filings of Synchronoss Technologies Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	ARS	ARS
Apr 25, 2024	DEF 14A	DEF 14A
Apr 25, 2024	DEFA14A	DEFA14A
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 18, 2024	144	Notice of Insider Sale Intent
Apr 18, 2024	144	Notice of Insider Sale Intent
Apr 15, 2024	4	Insider Trading
Apr 12, 2024	144	Notice of Insider Sale Intent
Apr 12, 2024	4	Insider Trading

Peers (Alternatives to Synchronoss Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.0T	227.6B	-5.25%	35.26%	35.96	13.04	11.51%	22.38%
ADBE	212.2B	19.9B	-6.69%	30.46%	44.2	10.64	10.76%	1.35%
CRWD	71.1B	3.1B	-9.73%	140.01%	795.84	23.27	36.33%	148.75%
SQ	44.3B	21.9B	-13.13%	20.19%	6.5K	2.02	25.01%	101.26%
AKAM	15.4B	3.8B	-5.78%	29.33%	28.16	4.05	5.40%	4.57%
FFIV	10.7B	2.8B	-2.72%	39.21%	23.21	3.81	3.55%	53.13%
MID-CAP
ALTR	6.7B	612.7M	-2.27%	20.86%	-751.24	10.94	7.07%	79.45%
HCP	6.4B	583.1M	21.47%	19.39%	-33.36	10.91	22.54%	30.49%
ACIW	3.5B	1.5B	2.25%	35.99%	28.69	2.4	2.16%	-14.54%
APPN	2.6B	545.4M	-4.16%	1.12%	-23.73	4.85	16.53%	26.16%
SMALL-CAP
CSGS	1.4B	1.2B	-4.25%	-5.66%	20.69	1.21	7.30%	93.18%
ATEN	1.0B	251.7M	0.44%	-4.23%	25.31	4.02	-10.22%	-14.79%
BAND	455.9M	601.1M	-0.39%	45.07%	-27.9	0.76	4.88%	-183.51%
DTSS	19.8M	7.0M	3.04%	-50.94%	-2.3	2.91	-55.73%	-45.27%
BLIN	13.9M	15.6M	24.30%	49.44%	-1.39	0.89	-6.37%	-5256.07%

Synchronoss Technologies Inc News

Latest updates

Synchronoss Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	4.1%	41,402	39,790	41,019	41,985	41,252	39,570	46,055	46,879	58,316	69,753	71,532	65,499	69,377	68,636	76,535	77,122	90,588	52,210	77,846	88,105	82,102
Costs and Expenses	-114.8%	-8,691	58,583	63,660	61,290	-12,754	58,616	60,342	67,246	-15,313	80,266	75,610	74,542	71,756	85,634	87,993	94,409	108,777	103,182	96,134	108,444	124,415
S&GA Expenses	-78.6%	4,768	22,264	19,875	18,309	12,630	15,338	15,288	17,897	6,429	27,953	21,909	17,928	15,043	23,265	24,640	26,344	29,909	30,536	23,080	29,246	22,744
R&D Expenses	-45.4%	5,931	10,856	15,043	14,735	7,436	12,911	13,460	15,791	9,849	15,368	17,197	17,397	17,274	20,885	19,096	19,788	18,286	18,575	19,026	19,681	19,383
EBITDA Margin	-81.9%	0.01*	0.05*	0.07*	0.14*	0.17*	0.21*	0.14*	0.08*	0.04*	0.04*	0.05*	0.03*	-	-	-	-	-	-	-	-	-
Interest Expenses	2.4%	3,566	3,482	3,461	3,454	3,508	3,463	3,343	3,325	3,239	2,933	144	95.00	75.00	72.00	84.00	245	104	203	463	585	976
Income Taxes	132.6%	2,015	866	783	1,100	-1,737	1,115	435	128	-1,445	-6,982	-201	-200	2,024	-8,744	-7,972	-12,400	-4,440	9,849	-1,844	-1,391	-16,277
Earnings Before Taxes	-445.6%	-9,891	-1,813	-7,735	-9,872	-14,426	2,201	8,356	-2,909	-6,811	-15,091	-2,621	-12,529	1,348	-14,366	-8,666	-15,782	-10,379	-51,364	-18,422	-21,128	-135,685
EBT Margin	-16.2%	-0.18*	-0.15*	-0.13*	-0.06*	-0.03*	0.03*	-0.04*	-0.07*	-0.11*	-0.10*	-0.10*	-0.12*	-	-	-	-	-	-	-	-	-
Net Income	-576.9%	-35,001	-5,171	-10,979	-13,391	-15,927	-1,278	5,327	-5,590	-203	-8,109	-2,420	-12,366	-10,892	-5,622	-694	-3,350	-14,678	-69,432	-25,030	-27,587	-101,107
Net Income Margin	-135.2%	-0.39*	-0.17*	-0.15*	-0.07*	-0.03*	0.02*	-0.01*	-0.05*	-0.08*	-0.12*	-0.11*	-0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	-107.4%	-480	6,445	11,143	419	5,894	3,902	9,002	-2,847	-741	-2,752	5,377	1,540	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-14.1%	310	361	384	391	398	399	417	439	451	448	464	465	482	499	522	513	532	516	644	715	703
Current Assets	-4.5%	82.00	86.00	98.00	100	105	112	117	117	122	110	118	117	121	137	148	136	143	116	218	271	294
Cash Equivalents	39.8%	25.00	18.00	19.00	16.00	18.00	23.00	26.00	22.00	29.00	24.00	33.00	30.00	32.00	46.00	43.00	31.00	39.00	19.00	35.00	90.00	110
Net PPE	-	4.00	-	-	-	4.00	-	-	-	-	-	10.00	11.00	12.00	13.00	19.00	22.00	27.00	36.00	44.00	52.00	68.00
Goodwill	-12.2%	184	209	212	212	182	203	210	224	196	227	230	229	233	227	223	220	223	220	224	223	225
Liabilities	-11.9%	212	241	252	250	249	252	258	270	275	283	289	-	189	-	-	-	-	-	-	-	-
Current Liabilities	-36.0%	48.00	75.00	83.00	83.00	80.00	82.00	83.00	92.00	95.00	109	112	127	125	133	153	142	153	124	179	234	244
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47.00	97.00	114
Long Term Debt	0.3%	136	136	135	135	135	134	134	133	133	117	117	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	0.3%	136	136	135	135	135	134	134	133	133	117	117	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-32.0%	27.00	39.00	51.00	61.00	68.00	66.00	78.00	84.00	91.00	93.00	102	22.00	43.00	53.00	62.00	65.00	76.00	85.00	151	169	189
Retained Earnings	-8.1%	-431	-398	-396	-387	-376	-363	-364	-371	-368	-368	-360	-357	-345	-344	-339	-338	-334	-328	-266	-249	-233
Additional Paid-In Capital	-0.4%	484	485	487	488	489	490	491	492	493	492	492	491	499	513	518	522	526	529	531	533	535
Shares Outstanding	5.1%	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	7.00	10.00	5.00	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	71.00	-	-	-	85.00	-	-	-	258	-	-	-	149	-	-	-	332	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-106.1%	-407	6,680	11,261	1,295	6,281	4,350	9,421	-2,693	-606	-2,616	5,906	2,261	-9,225	7,053	16,624	-15,016	20,744	-6,725	24,248	-5,684	29,293
Share Based Compensation	-55.8%	548	1,241	1,625	1,739	769	1,801	964	1,927	2,113	2,164	2,345	2,721	-3,410	4,391	4,970	5,186	5,254	6,005	5,473	5,555	5,564
Cashflow From Investing	455.1%	19,689	-5,545	-4,874	-5,470	-4,895	-4,503	1,631	-5,399	-6,103	-6,181	-5,896	-5,763	-2,933	-4,472	-4,111	-2,823	1,652	37,975	-29,848	9,598	-25,237
Cashflow From Financing	-381.6%	-12,483	-2,592	-2,605	-2,299	-2,301	-2,458	-6,736	-1,781	13,501	-	2,687	-	-	-	-5.00	9,996	-264	-47,419	-50,113	-23,461	-121,087
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

SNCR Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Income Statement [Abstract]

Net revenues

$ 164,196

$ 173,756

$ 189,342

Costs and expenses:

Cost of revenues

^[1]

42,218

46,500

60,160

Research and development

46,565

49,598

59,811

Selling, general and administrative

65,216

61,153

74,219

Restructuring charges

4,013

1,443

3,684

Depreciation and amortization

16,830

14,756

17,231

Total costs and expenses

174,842

173,450

215,105

(Loss) income from operations

(10,646)

306

(25,763)

Interest income

426

453

Interest expense

(13,963)

(13,639)

(6,411)

Gain on sale of DXP

2,549

Other (expense) income, net

(5,128)

3,553

(4,916)

Loss from continuing operations, before taxes

(29,311)

(6,778)

(37,052)

(Provision) benefit for income taxes

(4,743)

8,787

Net loss from continuing operations

(34,054)

(6,719)

(28,265)

Discontinued operations (Note 4):

Net (loss) income from discontinued operations, before taxes

(2,200)

921

6,777

Loss on divestiture

(16,382)

(Provision) benefit for income taxes

(1,935)

(1,918)

(1,610)

Net loss

(20,517)

(997)

5,167

Net loss

(54,571)

(7,716)

(23,098)

Net income (loss) attributable to redeemable noncontrolling interests

(200)

156

Preferred stock dividend

(10,007)

(9,552)

(35,509)

Net loss attributable to Synchronoss

$ (64,542)

$ (17,468)

$ (58,451)

Basic:

Net loss from continuing operations (in dollars per share)

$ (4.52)

$ (1.71)

$ (8.79)

Net (loss) income from discontinued operations (in dollars per share)

(2.10)

(0.10)

0.71

Basic (in dollars per share)

(6.62)

(1.81)

(8.08)

Diluted:

Net loss from continuing operations (in dollars per share)

(4.52)

(1.71)

(8.79)

Net (loss) income from discontinued operations (in dollars per share)

(2.10)

(0.10)

0.71

Diluted (in dollars per share)

$ (6.62)

$ (1.81)

$ (8.08)

Weighted-average common shares outstanding:

Basic (in shares)

9,745

9,626

7,235

Diluted (in shares)

9,745

9,626

7,235

[1]	Cost of revenues excludes depreciation and amortization which are shown separately.

SNCR Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 24,572	$ 18,310
Accounts receivable, net	23,477	31,685
Prepaid & other current assets	33,953	32,998
Assets of discontinued operations, current (Note 4)	0	22,294
Total current assets	82,002	105,287
Non-current assets:
Property and equipment, net	3,673	4,441
Operating lease right-of-use assets	14,791	20,106
Goodwill	183,908	182,259
Intangible assets, net	22,214	22,356
Note receivable	0	4,834
Other assets, non-current	3,749	4,053
Assets of discontinued operations, non-current (Note 4)	0	54,736
Total non-current assets	228,335	292,785
Total assets	310,337	398,072
Current liabilities:
Accounts payable	7,475	9,700
Accrued expenses	39,127	44,314
Deferred revenues, current	1,095	1,948
Liabilities of discontinued operations, current (Note 4)	0	24,221
Total current liabilities	47,697	80,183
Long-term debt, net of debt issuance costs	136,215	134,584
Deferred tax liabilities	3,207	466
Leases, non-current	23,593	29,145
Other liabilities, non-current	1,691	2,695
Liabilities of discontinued operations, non-current (Note 4)	0	2,054
Total liabilities	212,403	249,127
Commitments and contingencies:
Redeemable noncontrolling interest	12,500	12,500
Stockholders’ equity:
Common stock, $0.0001 par value; 16,667 and 16,667 shares authorized, 10,314 and 10,137 shares issued; 10,314 and 10,137 outstanding at December 31, 2023 and December 31, 2022, respectively	1	1
Additional paid-in capital	483,527	488,856
Accumulated other comprehensive loss	(25,732)	(44,131)
Accumulated deficit	(431,164)	(376,629)
Total stockholders’ equity	26,632	68,097
Total liabilities and stockholders’ equity	310,337	398,072
Series B Preferred Stock
Current liabilities:
Series B Non-Convertible Perpetual Preferred Stock, $0.0001 par value; 150 and 150 shares authorized, 61 and 71 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	$ 58,802	$ 68,348

About Synchronoss Technologies Inc

Synchronoss Technologies, Inc. provides cloud, messaging, digital, and network management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company's product EngageX, offers personal cloud, which helps in backup, manage, and engage with content; multi-channel messaging, peer-to-peer communications, and application-to-person commerce solutions; and email solutions. Its OnboardingX offers backup, view, and restore content in operating systems and devices; streamlines the activation of new services and devices; and moves content between mobile devices. In addition, the company provides NetworkX, an integrated application suite that designs, procures, manages, and optimizes telecom network infrastructure. Further, it offers software development and customization services. The company markets and sells its services through direct sales force and strategic partners. Synchronoss Technologies, Inc. was incorporated in 2000 and is headquartered in Bridgewater, New Jersey.

CEO	Mr. Jeffrey George Miller
WEBSITE	synchronoss.com
INDUSTRY	Software - Infra
EMPLOYEES	1391

Synchronoss Technologies Inc Frequently Asked Questions

What is the ticker symbol for Synchronoss Technologies Inc? What does SNCR stand for in stocks?

SNCR is the stock ticker symbol of Synchronoss Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Synchronoss Technologies Inc (SNCR)?

As of Thu Apr 25 2024, market cap of Synchronoss Technologies Inc is 67.44 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SNCR stock?

You can check SNCR's fair value in chart for subscribers.

What is the fair value of SNCR stock?

You can check SNCR's fair value in chart for subscribers. The fair value of Synchronoss Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Synchronoss Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SNCR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Synchronoss Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether SNCR is over valued or under valued. Whether Synchronoss Technologies Inc is cheap or expensive depends on the assumptions which impact Synchronoss Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SNCR.

What is Synchronoss Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, SNCR's PE ratio (Price to Earnings) is -1.04 and Price to Sales (PS) ratio is 0.41. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SNCR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Synchronoss Technologies Inc's stock?

In the past 10 years, Synchronoss Technologies Inc has provided -0.308 (multiply by 100 for percentage) rate of return.