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Synopsys Inc Stock Research

SNPS

444.35USD-3.48(-0.78%)Market Closed
Watchlist

Market Summary

USD444.35-3.48
Market Closed
-0.78%

SNPS Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

SNPS Stock Price

SNPS RSI Chart

SNPS Valuation

Market Cap

67.6B

Price/Earnings (Trailing)

65.36

Price/Sales (Trailing)

12.23

EV/EBITDA

49.08

Price/Free Cashflow

42.23

SNPS Price/Sales (Trailing)

SNPS Profitability

Operating Margin

78.51%

EBT Margin

19.27%

Return on Equity

15.79%

Return on Assets

9.4%

Free Cashflow Yield

2.37%

SNPS Fundamentals

SNPS Revenue

Revenue (TTM)

5.5B

Revenue Y/Y

19.2%

Revenue Q/Q

6.63%

SNPS Earnings

Earnings (TTM)

1.0B

Earnings Y/Y

51.04%

Earnings Q/Q

23.21%

Price Action

52 Week Range

267.00469.70
(Low)(High)

Last 7 days

-3.4%

Last 30 days

0.5%

Last 90 days

4.0%

Trailing 12 Months

46.5%

SNPS Financial Health

Current Ratio

1.15

SNPS Investor Care

Buy Backs (1Y)

0.53%

Diluted EPS (TTM)

6.66

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for SNPS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-15
Kankanwadi Sudhindra
sold (taxes)
-105,300
451
-233
chief accounting officer
2023-09-15
Ghazi Sassine
acquired
-
-
882
president and coo
2023-09-15
Ghazi Sassine
sold (taxes)
-197,945
451
-438
president and coo
2023-09-15
Kankanwadi Sudhindra
acquired
-
-
469
chief accounting officer
2023-09-13
RUNKEL JOHN F JR
sold
-1,140,680
455
-2,507
gc & corporate secretary
2023-09-13
RUNKEL JOHN F JR
acquired
476,586
190
2,507
gc & corporate secretary
2023-09-01
Kankanwadi Sudhindra
acquired
461,601
90.51
5,100
chief accounting officer
2023-09-01
Kankanwadi Sudhindra
sold
-2,349,850
460
-5,100
chief accounting officer
2023-08-31
MAHONEY RICHARD S.
acquired
9,891
282
35.00
chief revenue officer
2023-08-31
Glaser Shelagh
acquired
9,819
306
32.00
cfo

1–10 of 50

Which funds bought or sold SNPS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
added
20.99
38,778,000
145,333,000
0.09%
2023-09-12
Farther Finance Advisors, LLC
added
30.00
25,170
79,245
0.02%
2023-09-07
ST GERMAIN D J CO INC
new
-
87,517
87,517
-%
2023-09-05
Covenant Partners, LLC
reduced
-2.58
51,372
574,741
0.21%
2023-09-05
Delos Wealth Advisors, LLC
reduced
-84.21
-6,032
1,307
-%
2023-08-28
DT Investment Partners, LLC
unchanged
-
1,311
7,257
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
488,700
4,328,410
0.04%
2023-08-23
CTC Alternative Strategies, Ltd.
new
-
1,066,760
1,066,760
1.33%
2023-08-23
Stonebridge Capital Advisors LLC
added
45.24
10,337
26,560
-%
2023-08-23
Rehmann Capital Advisory Group
reduced
-0.2
73,416
660,516
0.06%

1–10 of 43

Latest Funds Activity

Are funds buying SNPS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SNPS
No. of Funds

Schedule 13G FIlings of Synopsys

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
3.5%
5,390,531
SC 13G/A
Feb 09, 2023
vanguard group inc
8.71%
13,273,486
SC 13G/A
Jan 25, 2023
blackrock inc.
8.8%
13,430,066
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
6.3%
9,737,325
SC 13G/A
Feb 10, 2022
vanguard group inc
11.13%
17,070,637
SC 13G/A
Feb 01, 2022
blackrock inc.
8.5%
13,116,235
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
6.9%
10,575,131
SC 13G/A
Feb 10, 2021
vanguard group inc
11.12%
17,022,619
SC 13G/A
Feb 01, 2021
blackrock inc.
8.3%
12,777,336
SC 13G/A
Feb 14, 2020
price t rowe associates inc /md/
5.4%
8,206,918
SC 13G/A

Recent SEC filings of Synopsys

View All Filings
Date Filed Form Type Document
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading
Sep 13, 2023
144
Notice of Insider Sale Intent
Sep 05, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Sep 01, 2023
8-K/A
Current Report

Peers (Alternatives to Synopsys)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.3T
211.9B
-3.36% 31.83%
32.06
10.95
6.88% -0.52%
230.9B
18.4B
-3.57% 82.81%
47.56
12.53
10.40% -0.72%
-
-
2.88% -10.29%
-
-
- -
287.3B
51.0B
-9.63% 66.15%
30.64
5.64
15.41% 61.40%
197.4B
33.1B
-3.33% 38.39%
125.11
5.97
14.81% 194.40%
20.4B
4.5B
0.89% -6.86%
144.14
4.58
3.92% -85.69%
MID-CAP
3.1B
506.6M
-9.36% 4.59%
-19.65
6.11
20.13% -27.36%
11.9B
848.2M
0.47% 48.04%
81.66
14.05
19.21% 23.01%
7.0B
905.3M
6.61% 40.67%
-45.42
7.78
11.41% -3.11%
SMALL-CAP
1.1B
415.3M
-10.81% 12.36%
-5.83
2.62
11.66% -68.02%
761.6M
403.2M
-26.47% 36.69%
-31.79
1.89
0.77% 74.48%
136.2M
309.9M
64.82% -49.08%
-0.74
0.44
-0.26% -219.50%

Synopsys News

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Investors Take Interest in Synopsys as New Mexico Educational ....
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6 hours ago
The Coin Republic
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Investor's Business Daily

Returns for SNPS

Cumulative Returns on SNPS

28.0%


10-Year Cumulative Returns

33.2%


7-Year Cumulative Returns

35.1%


5-Year Cumulative Returns

28.7%


3-Year Cumulative Returns

Risks for SNPS

What is the probability of a big loss on SNPS?

83.5%


Probability that Synopsys stock will be more than 20% underwater in next one year

18.1%


Probability that Synopsys stock will be more than 30% underwater in next one year.

0%


Probability that Synopsys stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SNPS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Synopsys was unfortunately bought at previous high price.

Drawdowns

Financials for Synopsys

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue4.5%5,5285,2885,1735,0824,9504,7594,5044,2044,0773,9843,8213,6853,5113,4003,3753,3613,3053,2313,1723,1213,023
Cost Of Revenue3.2%1,1731,1361,0911,0641,016950911862852840810795753747753753761760748736712
Gross Profit4.9%4,3554,1524,0824,0183,9343,8093,5933,3423,2263,1453,0112,8912,7582,6532,6222,6082,5442,4722,4242,3852,310
Operating Expenses4.5%3,2993,1573,0112,8562,7992,7062,6602,6082,4852,3952,3302,2702,2042,1832,1612,0882,0922,0832,0242,0251,920
  S&GA Expenses3.3%868841810780769741722712691676650632617617630633639640628623610
  R&D Expenses3.4%1,9201,8571,7621,6801,6331,5591,5311,5051,4311,3821,3221,2791,2301,1921,1801,1371,1371,1301,0921,0851,038
EBITDA-100.0%-1,2531,2921,345-1,2951,1741,013-1,032929853799691712760-----
EBITDA Margin-100.0%-0.24*0.25*0.26*0.27*0.27*0.26*0.24*-0.26*0.24*0.23*0.23*0.20*0.21*------
Interest Expenses----1.00---3.00---5.00---12.00---15.00-
Earnings Before Taxes8.3%1,1041,0191,0671,1161,1021,079956806798822716638578474498546466405390364411
EBT Margin-100.0%-0.19*0.21*0.22*0.22*0.23*0.21*0.19*0.20*0.21*0.19*0.17*0.16*0.14*-------
Net Income12.3%1,0349219429851,0331,00990975875480872366462847548353262660559043358.00
Net Income Margin-100.0%-0.17*0.18*0.19*0.21*0.21*0.20*0.18*0.18*0.20*0.19*0.18*0.18*0.14*-------
Free Cashflow-100.0%-1,4901,5601,6021,5861,5811,3671,3991,2231,1841,028837814772731------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.4%9,9239,7919,5669,4189,3309,2108,9018,7528,4868,3408,0138,0307,6637,3227,2036,4056,1536,1946,3446,1465,795
  Current Assets3.4%3,2683,1613,0283,0132,8993,0742,9472,8082,7642,6902,3982,5492,1861,9611,9511,7391,6181,6441,7981,5441,466
    Cash Equivalents9.2%1,6861,5451,1551,4181,3861,5761,1271,4351,3881,4601,0251,2381,052858702731689633594725743
  Inventory10.3%283256221212220214213229241230231192160166148142155166138122-
  Net PPE-1.9%536546517483487492478472470479487484485470458430373344318309290
  Goodwill0.0%3,8883,8883,8653,8423,85547.0016.003,5763,4853,4333,4333,3653,3563,3113,2323,1713,1433,1443,1463,1433,139
Liabilities0.1%3,9233,9183,8873,8593,6783,5993,5113,4533,3313,2473,1263,1183,0623,0423,0482,3162,2142,2792,5602,6612,631
  Current Liabilities-0.7%2,7302,7492,7252,7742,5462,4632,4722,4132,3352,2562,1712,1402,0562,0542,0561,7521,6301,7332,0262,1022,083
  Short Term Borrowings--------75.0082.0090.0097.0027.0024.00121-18.00-----
    LT Debt, Non Current-10.1%18.0020.0021.0021.0022.0024.0024.0025.0025.0026.0026.00101107114123120125126127126124
Shareholder's Equity2.1%5,9595,8375,6435,5165,6085,5675,3905,2995,1555,0934,8874,9124,6014,2814,1554,0893,9403,9153,7853,4853,164
  Retained Earnings5.2%6,3906,0755,8065,5345,3785,1584,8634,5504,3484,1503,9553,7953,5983,3563,2683,1643,0032,9132,8212,5442,297
  Additional Paid-In Capital-5.5%1,2571,3301,2931,4871,4151,5171,4301,5761,6071,6801,5891,6531,6241,6561,6271,6351,5981,6591,6541,6451,591
Shares Outstanding-0.1%152152152152153153153153153153152153151151150150150150149149149
Minority Interest7.1%5.005.006.005.004.003.003.004.004.004.005.005.005.006.006.006.006.006.006.006.006.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations7.3%1,7711,6511,6981,7391,7161,6981,4741,4931,3241,3021,1559911,010981954801710629339424476
  Share Based Compensation3.2%548531497459430388357345327304280249210188168155152150146140131
Cashflow From Investing56.7%-222-514-540-572-694-614-513-549-421-244-330-360-442-406-339-235-155-130-148-743-650
Cashflow From Financing-7.4%-1,233-1,148-1,098-1,116-984-944-850-748-578-483-527-140-211-345-506-561-606-424-1875.00-237
  Buy Backs7.1%1,2431,1611,1511,100932855760753580460365242320400380329242274249400447

SNPS Income Statement

2023-07-31
Unaudited Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Jul. 31, 2023
Jul. 31, 2022
Revenue:    
Total revenue$ 1,487,288$ 1,247,766$ 4,243,491$ 3,797,250
Cost of revenue:    
Amortization of intangible assets18,37419,33054,88647,145
Total cost of revenue307,482271,181889,850780,976
Gross margin1,179,806976,5853,353,6413,016,274
Operating expenses:    
Research and development507,402444,8261,458,3281,218,761
Sales and marketing227,134199,246660,034571,329
General and administrative109,71491,461298,161246,426
Amortization of intangible assets6,6977,12419,99623,036
Restructuring charges33,385078,38412,057
Total operating expenses884,332742,6572,514,9032,071,609
Operating income295,474233,928838,738944,665
Other income (expense), net25,8082,42653,353(41,280)
Income before income taxes321,282236,354892,091903,385
Provision (benefit) for income taxes(11,773)16,70820,46176,506
Net income333,055219,646871,630826,879
Net income (loss) attributed to non-controlling interest and redeemable non-controlling interest(3,197)(2,980)(9,068)(4,215)
Net income attributed to Synopsys$ 336,252$ 222,626$ 880,698$ 831,094
Net income per share attributed to Synopsys:    
Basic (in USD per share)$ 2.21$ 1.46$ 5.79$ 5.43
Diluted (in USD per share)$ 2.17$ 1.43$ 5.68$ 5.31
Shares used in computing per share amounts:    
Basic (shares)152,023152,938152,204153,082
Diluted (shares)154,947155,806155,119156,545
Product    
Revenue:    
Total revenue$ 1,220,841$ 1,022,906$ 3,493,532$ 3,159,109
Cost of revenue:    
Cost of revenue190,809164,077549,908480,166
Time-based products    
Revenue:    
Total revenue922,874754,3222,513,3832,185,626
Upfront products    
Revenue:    
Total revenue297,967268,584980,149973,483
Maintenance and service    
Revenue:    
Total revenue266,447224,860749,959638,141
Cost of revenue:    
Cost of revenue$ 98,299$ 87,774$ 285,056$ 253,665

SNPS Balance Sheet

2023-07-31
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2023
Oct. 31, 2022
Current assets:  
Cash and cash equivalents$ 1,686,144$ 1,417,608
Short-term investments148,443147,913
Total cash, cash equivalents and short-term investments1,834,5871,565,521
Accounts receivable, net666,577796,091
Inventories282,791211,927
Prepaid and other current assets484,357439,130
Total current assets3,268,3123,012,669
Property and equipment, net535,973483,300
Operating lease right-of-use assets, net574,727559,090
Goodwill3,887,8603,842,234
Intangible assets, net336,723386,446
Deferred income taxes813,810670,653
Other long-term assets505,826463,695
Total assets9,923,2319,418,087
Current liabilities:  
Accounts payable and accrued liabilities905,464809,403
Operating lease liabilities80,19254,274
Deferred revenue1,744,3261,910,822
Total current liabilities2,729,9822,774,499
Long-term operating lease liabilities590,827581,273
Long-term deferred revenue194,860154,472
Long-term debt18,16520,824
Other long-term liabilities389,516327,829
Total liabilities3,923,3503,858,897
Redeemable non-controlling interest35,87738,664
Stockholders’ equity:  
Preferred stock, $0.01 par value: 2,000 shares authorized; none outstanding00
Common stock, $0.01 par value: 400,000 shares authorized; 152,125 and 152,375 shares outstanding, respectively1,5211,524
Capital in excess of par value1,257,3821,487,126
Retained earnings6,389,8255,534,307
Treasury stock, at cost: 5,136 and 4,886 shares, respectively(1,542,889)(1,272,955)
Accumulated other comprehensive income (loss)(147,284)(234,277)
Total Synopsys stockholders’ equity5,958,5555,515,725
Non-controlling interest5,4494,801
Total stockholders’ equity5,964,0045,520,526
Total liabilities, redeemable non-controlling interest and stockholders’ equity$ 9,923,231$ 9,418,087
Chi-Foon Chan
16400
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Fusion Design Platform that provides digital design implementation solutions; Verification Continuum Platform that provides virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. Further, it provides Platform Architect solutions for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. Additionally, the company offers security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. It serves electronics, financial services, automotive, medicine, energy, and industrial areas. The company was incorporated in 1986 and is headquartered in Mountain View, California.