Synchronoss Technologies (NASDAQ: SNCR) is one of 24 publicly-traded companies in the “Cloud Computing Services” industry, but how does it contrast to its competitors? We will compare Synchronoss Technologies to similar companies based on the strength of its institutional ownership, risk, valuation, profitability, analyst recommendations, dividends and earnings.
Insider and Institutional Ownership
74.1% of Synchronoss Technologies shares are owned by institutional investors. Comparatively, 57.9% of shares of all “Cloud Computing Services” companies are owned by institutional investors. 10.5% of Synchronoss Technologies shares are owned by insiders. Comparatively, 21.0% of shares of all “Cloud Computing Services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
This table compares Synchronoss Technologies and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Synchronoss Technologies Competitors||-50.21%||-40.78%||-13.99%|
Valuation and Earnings
This table compares Synchronoss Technologies and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Synchronoss Technologies||$476.75 million||$54.33 million||20.91|
|Synchronoss Technologies Competitors||$939.15 million||$24.07 million||-80.09|
Synchronoss Technologies’ competitors have higher revenue, but lower earnings than Synchronoss Technologies. Synchronoss Technologies is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
This is a breakdown of current ratings for Synchronoss Technologies and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Synchronoss Technologies Competitors||101||526||1521||47||2.69|
Synchronoss Technologies presently has a consensus price target of $17.57, indicating a potential upside of 90.99%. As a group, “Cloud Computing Services” companies have a potential downside of 5.33%. Given Synchronoss Technologies’ higher possible upside, equities analysts clearly believe Synchronoss Technologies is more favorable than its competitors.
Volatility and Risk
Synchronoss Technologies has a beta of 1.69, indicating that its share price is 69% more volatile than the S&P 500. Comparatively, Synchronoss Technologies’ competitors have a beta of 0.95, indicating that their average share price is 5% less volatile than the S&P 500.
Synchronoss Technologies beats its competitors on 8 of the 13 factors compared.
About Synchronoss Technologies
Synchronoss Technologies, Inc. is a global software and services company, which provides technologies and services for the mobile transformation of business. The Company’s portfolio in the Consumer and Enterprise markets contains offerings, such as personal cloud, secure-mobility, identity management and scalable messaging platforms, products and solutions. Its products and platforms are designed to enable multiple converged communication services to be managed across a range of distribution channels, including e-commerce, m-commerce, telesales, customer stores, indirect and other retail outlets. The Company operates in and markets their solutions and services directly through their sales organizations in North America, Europe, the Middle East and Africa (EMEA), Latin America and the Asia-Pacific region. It delivers technologies for mobile transformation to service provider and enterprise customers in regulated verticals and use cases.
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