Synchronoss (SNCR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Does Synchronoss (SNCR) have what it takes to be a top stock pick for momentum investors? Let's find out.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The average of price targets set by Wall Street analysts indicates a potential upside of 66.3% in Synchronoss (SNCR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Synchronoss (SNCR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Zacks.com users have recently been watching Synchronoss (SNCR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Synchronoss (SNCR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The mean of analysts' price targets for Synchronoss (SNCR) points to a 107.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Synchronoss (SNCR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Zacks.com users have recently been watching Synchronoss (SNCR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Synchronoss Technologies, Inc. showed a positive second quarter with improved margins and revenue growth. The company restructured debt, reducing interest expenses and improving its financial position. Synchronoss Technologies' valuation remains rational but not attractive due to high leverage and uncertain revenue growth prospects.