Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

The latest trading session saw Synchronoss (SNCR) ending at $13.67, denoting a +0.81% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.75%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1%.The mobile services company's stock has climbed by 14.62% in the past month, exceeding the Computer and Technology sector's gain of 2.48% and the S&P 500's gain of 4.03%.The investment community will be paying clos ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Synchronoss (SNCR) .Synchronoss currently has an average brokerag ...

Synchronoss (SNCR) closed the last trading session at $14.23, gaining 41.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $23.67 indicates a 66.3% upside potential.The average comprises three short-term price targets ranging from a low of $11 to a high of $40, with a standard deviation of $14.84. While the lowest estimate indicates a decline of 22.7% from the current price level, ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...

Synchronoss (SNCR) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this mobile services company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estim ...

Synchronoss (SNCR) closed the last trading session at $11.43, gaining 17.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $23.67 indicates a 107.1% upside potential.The average comprises three short-term price targets ranging from a low of $11 to a high of $40, with a standard deviation of $14.84. While the lowest estimate indicates a decline of 3.8% from the current price level, ...

财务表现 - 公司收入增加3.4百万美元至86.4百万美元，主要由于云订阅用户持续增长[210] - 成本成本减少1.8百万美元至20.6百万美元，主要由于2023年第四季度重组措施导致员工成本降低[211] - 研发费用减少3.8百万美元至22.2百万美元，主要由于2023年第四季度重组措施和成本节约举措导致员工成本和供应商费用降低[212,213] - 销售、一般及管理费用减少7.2百万美元至26.0百万美元，主要由于2023年第四季度重组措施导致员工成本降低以及专业服务费用减少[214] 客户集中度 - 公司前五大客户占总收入的97.5%和96.4%[194] - 其中Verizon和AT&T单独贡献超过10%的收入[194] 战略发展 - 公司正在积极拓展TMT市场，并探索支持客户、产品和地域多元化战略的新机会[196] 重组费用 - 重组费用分别为2024年上半年330万美元和2023年上半年400万美元，主要与为降低运营成本和调整资源以符合关键战略重点而进行的裁员相关[215] 折旧和摊销 - 折旧和摊销费用增加40万美元至840万美元，主要由于资本化软件摊销增加所致，部分被已摊销资产到期和精简业务运营导致的资本支出减少所抵消[216] 利息费用 - 利息费用与2023年同期相比变化不大，主要由2021年发行的优先票据产生[217] 其他收支 - 其他收支净额增加830万美元至500万美元，主要由于外汇收益的非现金影响[218] 所得税 - 公司2024年上半年所得税费用为330万美元，2023年同期为80万美元，有效税率为45.4%，高于美国联邦法定税率，主要由于全球低税收入的影响[219] 融资情况 - 公司于2024年6月28日与BGC Lender Rep LLC签订了75百万美元的有担保定期贷款协议，用于偿还优先票据和优先股[220] - 公司2024年6月30日的现金及现金等价物余额为236百万美元，预计可为业务运营提供充足资金[221,222] 未汇回收益 - 公司将继续保留大部分外国子公司的未汇回收益，仅在2023年改变了对印度子公司的永久性再投资政策[223,224] 持续经营能力 - 公司相信现金、融资来源和预期的经营现金流以及持续的成本削减将足以支持未来12个月的运营[225]

J Studios/DigitalVision via Getty Images This article analyzes Synchronoss Technologies, Inc. (NASDAQ:SNCR) Q2 2024 results and the earnings call. It also reviews the company's valuation since my last article in February. Synchronoss' results for the year were in line with guidance and expectations, delivering mid-single-digit top-line growth with good operating leverage after divestment in 2023. This operating leverage has led to the company recovering operating profitability, an important point given ...