Roth Capital Analysts Lift Earnings Estimates for SNCR

Synchronoss Technologies, Inc. (NASDAQ:SNCR) – Stock analysts at Roth Capital raised their Q1 2025 earnings per share estimates for Synchronoss Technologies in a report released on Wednesday, March 12th. Roth Capital analyst R. Baldry now forecasts that the software maker will earn $0.10 per share for the quarter, up from their previous estimate of $0.03. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Synchronoss Technologies’ current full-year earnings is $0.10 per share. Roth Capital also issued estimates for Synchronoss Technologies’ Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.19 EPS, Q4 2025 earnings at $0.27 EPS and FY2025 earnings at $0.70 EPS.

Synchronoss Technologies (NASDAQ:SNCR) last posted its quarterly earnings data on Tuesday, March 11th. The software maker reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.75. Synchronoss Technologies had a negative net margin of 20.00% and a negative return on equity of 10.99%. The company had revenue of $44.21 million during the quarter, compared to analyst estimates of $43.76 million.

A number of other research analysts also recently weighed in on the stock. Roth Mkm upgraded shares of Synchronoss Technologies from a “neutral” rating to a “buy” rating and raised their price target for the company from $11.00 to $13.00 in a report on Monday, November 25th. StockNews.com raised Synchronoss Technologies from a “hold” rating to a “buy” rating in a research report on Friday.

Synchronoss Technologies Trading Up 12.3 %

NASDAQ:SNCR opened at $12.23 on Monday. The stock’s 50-day moving average is $9.54 and its two-hundred day moving average is $10.65. Synchronoss Technologies has a fifty-two week low of $6.02 and a fifty-two week high of $15.46. The stock has a market cap of $140.53 million, a PE ratio of -3.15 and a beta of 2.05. The company has a debt-to-equity ratio of 5.75, a current ratio of 1.88 and a quick ratio of 1.88.

Insider Activity at Synchronoss Technologies

In other news, CEO Jeffrey George Miller sold 17,389 shares of Synchronoss Technologies stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $10.34, for a total transaction of $179,802.26. Following the completion of the sale, the chief executive officer now owns 336,232 shares of the company’s stock, valued at approximately $3,476,638.88. This trade represents a 4.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 17.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Synchronoss Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in SNCR. Barclays PLC boosted its holdings in shares of Synchronoss Technologies by 603.6% during the 3rd quarter. Barclays PLC now owns 5,734 shares of the software maker’s stock valued at $85,000 after acquiring an additional 4,919 shares in the last quarter. Occudo Quantitative Strategies LP acquired a new stake in shares of Synchronoss Technologies during the fourth quarter valued at about $98,000. American Century Companies Inc. bought a new stake in shares of Synchronoss Technologies during the fourth quarter worth about $103,000. GSA Capital Partners LLP acquired a new position in shares of Synchronoss Technologies in the third quarter valued at approximately $165,000. Finally, XTX Topco Ltd bought a new position in Synchronoss Technologies in the 3rd quarter valued at approximately $237,000. 51.71% of the stock is owned by institutional investors.

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.