Synopsys, Inc. ($SNPS) Cautious Buy or Hold to $41 Confident Investor Rating: Fair

Company name Synopsys, Inc.
Stock ticker SNPS
Live stock price [stckqut]SNPS[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Good
EPS growth Fair
P/E growth Fair
EBIT growth Good

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $46.39
Target stock price (averages with growth) $47.64
Target stock price (averages with no growth) $31.77
Target stock price (manual assumptions) $46.12

The following company description is from Google Finance: http://www.google.com/finance?q=snps

Synopsys, Inc. is engaged in providing technology solutions used to develop electronics and electronic systems. It supplies the electronic design automation (EDA) software that engineers use to design, create prototypes for and test integrated circuits, also known as chips. It also supplies software and hardware used to develop the systems that incorporate integrated circuits and the software that runs on those integrated circuits. Its intellectual property (IP) products are pre-designed circuits that engineers use as components of larger chip designs rather than redesigning those circuits themselves. It also provides technical services to support its solutions and it help its customers develop chips and electronic systems. Its products and services are organized into four groups: Core EDA; IP and System-Level Solutions; Manufacturing Solutions and Professional Services. In July 2012, it acquired Ciranova. In October 2012, it acquired EVE. On November 30, 2012, it acquired SpringSoft.

 

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

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