Q1 EPS Estimate for Synchronoss Technologies Cut by Analyst

Synchronoss Technologies, Inc. (NASDAQ:SNCR) – Investment analysts at Northland Capmk dropped their Q1 2025 EPS estimates for shares of Synchronoss Technologies in a research note issued to investors on Wednesday, March 12th. Northland Capmk analyst M. Latimore now expects that the software maker will earn $0.25 per share for the quarter, down from their previous estimate of $0.31. The consensus estimate for Synchronoss Technologies’ current full-year earnings is $0.10 per share. Northland Capmk also issued estimates for Synchronoss Technologies’ Q2 2025 earnings at $0.41 EPS, Q3 2025 earnings at $0.44 EPS, Q4 2025 earnings at $0.45 EPS and FY2025 earnings at $1.54 EPS.

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

Other research analysts have also recently issued research reports about the stock. StockNews.com raised shares of Synchronoss Technologies from a “hold” rating to a “buy” rating in a report on Friday. Roth Mkm raised Synchronoss Technologies from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $11.00 to $13.00 in a research report on Monday, November 25th. Finally, Roth Capital upgraded Synchronoss Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 25th.

Synchronoss Technologies Stock Up 12.3 %

Shares of Synchronoss Technologies stock opened at $12.23 on Monday. Synchronoss Technologies has a 52-week low of $6.02 and a 52-week high of $15.46. The firm’s 50 day moving average price is $9.54 and its 200-day moving average price is $10.65. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 5.75. The company has a market cap of $140.53 million, a P/E ratio of -3.15 and a beta of 2.05.

Insider Activity at Synchronoss Technologies

In related news, CEO Jeffrey George Miller sold 17,389 shares of Synchronoss Technologies stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $10.34, for a total value of $179,802.26. Following the transaction, the chief executive officer now directly owns 336,232 shares in the company, valued at $3,476,638.88. This trade represents a 4.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 17.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC boosted its position in shares of Synchronoss Technologies by 603.6% in the 3rd quarter. Barclays PLC now owns 5,734 shares of the software maker’s stock worth $85,000 after buying an additional 4,919 shares in the last quarter. Occudo Quantitative Strategies LP acquired a new stake in Synchronoss Technologies during the 4th quarter valued at $98,000. American Century Companies Inc. purchased a new position in Synchronoss Technologies during the fourth quarter worth $103,000. Integrated Quantitative Investments LLC acquired a new position in shares of Synchronoss Technologies in the fourth quarter worth $158,000. Finally, Ancora Advisors LLC purchased a new position in Synchronoss Technologies in the 4th quarter valued at about $163,000. 51.71% of the stock is owned by hedge funds and other 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.