What is Sidoti Csr’s Forecast for SNCR Q1 Earnings?

Synchronoss Technologies, Inc. (NASDAQ:SNCR) – Equities researchers at Sidoti Csr issued their Q1 2027 earnings per share (EPS) estimates for Synchronoss Technologies in a research report issued to clients and investors on Wednesday, November 5th. Sidoti Csr analyst A. Soderstrom forecasts that the software maker will post earnings per share of $0.21 for the quarter. The consensus estimate for Synchronoss Technologies’ current full-year earnings is $0.10 per share. Sidoti Csr also issued estimates for Synchronoss Technologies’ Q2 2027 earnings at $0.22 EPS, Q3 2027 earnings at $0.34 EPS and FY2027 earnings at $1.22 EPS.

SNCR has been the topic of several other reports. Weiss Ratings restated a “sell (d-)” rating on shares of Synchronoss Technologies in a report on Wednesday, October 8th. Zacks Research raised Synchronoss Technologies from a “strong sell” rating to a “hold” rating in a research report on Friday, October 10th. Finally, Wall Street Zen raised Synchronoss Technologies from a “hold” rating to a “buy” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Synchronoss Technologies currently has an average rating of “Moderate Buy” and an average target price of $13.00.

Synchronoss Technologies Stock Up 0.5%

Synchronoss Technologies stock opened at $5.56 on Monday. Synchronoss Technologies has a twelve month low of $4.83 and a twelve month high of $12.85. The company has a debt-to-equity ratio of 3.13, a quick ratio of 1.53 and a current ratio of 1.53. The firm has a market cap of $64.00 million, a PE ratio of -5.45, a P/E/G ratio of 0.68 and a beta of 1.53. The firm’s 50 day moving average price is $5.64 and its two-hundred day moving average price is $6.70.

Synchronoss Technologies (NASDAQ:SNCR) last posted its quarterly earnings results on Monday, August 11th. The software maker reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.15). Synchronoss Technologies had a positive return on equity of 24.44% and a negative net margin of 5.69%.The company had revenue of $42.49 million during the quarter, compared to analysts’ expectations of $42.79 million.

Institutional Investors Weigh In On Synchronoss Technologies

A number of large investors have recently added to or reduced their stakes in SNCR. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Synchronoss Technologies in the second quarter valued at approximately $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Synchronoss Technologies in the 2nd quarter valued at $40,000. Osaic Holdings Inc. raised its holdings in Synchronoss Technologies by 289.8% in the 2nd quarter. Osaic Holdings Inc. now owns 7,885 shares of the software maker’s stock worth $54,000 after acquiring an additional 5,862 shares during the period. Headlands Technologies LLC lifted its position in Synchronoss Technologies by 195.0% during the 2nd quarter. Headlands Technologies LLC now owns 8,638 shares of the software maker’s stock worth $59,000 after acquiring an additional 5,710 shares during the last quarter. Finally, Silverberg Bernstein Capital Management LLC bought a new stake in Synchronoss Technologies during the second quarter valued at about $72,000. Institutional investors own 51.71% of the company’s stock.

Synchronoss Technologies Company Profile

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 offers Synchronoss Personal Cloud platform that allows customers' subscribers to backup and protect, engage with, and manage their personal content.