Is Synchronoss Stock a Buy, Sell, or Hold at 0.73X Price-Sales Ratio?
SNCRSynchronoss Technologies(SNCR) ZACKS·2024-10-16 01:05

Synchronoss Technologies (SNCR) shares are one of the cheaper stocks in the broader Zacks Computer & Technology sector, with a Value Score of A. SNCR stock is trading at a significant discount with a forward 12-month Price/Sales (P/S) ratio of 0.73X compared with the sector's 6.2X. It is cheaper than its Zacks Internet Software industry peer Aspen Technology (AZPN) , which is currently trading at a forward 12-month P/S of 12.31X. SNCR's cheap valuation is attractive for investors. However, is it worth buyin ...