How to buy Synopsys (SNPS) shares in Australia
Learn how to easily invest in Synopsys shares.
Synopsys Inc (SNPS) is a leading software - infrastructure business with stocks listed in the US. It opened the day at US$538.66 after a previous close of US$535.71. During the day the price has varied from a low of USD526.5 to a high of USD540.19. The latest price was USD527.49 (25 minute delay). Synopsys is listed on the NASDAQ. All prices are listed in US Dollars.
How to buy shares in Synopsys
- Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Synopsys. Find the share by name or ticker symbol: SNPS. Research its history to confirm it's a solid investment that matches your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Synopsys reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$535.71, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Synopsys, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Synopsys. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.
What's in this guide?
- Synopsys key stats
- Compare share trading platforms
- Is Synopsys stock a buy or sell?
- Synopsys performance over time
- Is Synopsys suitable for ethical investing?
- Are Synopsys shares over-valued?
- Synopsys's financials
- How volatile are Synopsys shares?
- Does Synopsys pay a dividend?
- Have Synopsys shares ever split?
- Other common questions
Synopsys stock price (NASDAQ:SNPS)Use our graph to track the performance of SNPS stocks over time.
Have Synopsys's shares ever split?
Synopsys's shares were split on a 2:1 basis on 24 September 2003. So if you had owned 1 share the day before the split, the next day you would own 2 shares. This wouldn't directly have changed the overall worth of your Synopsys shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Synopsys shares which in turn could have impacted Synopsys's share price.
Synopsys shares at a glance
|52-week range||US$312.25 - US$564.78|
|50-day moving average||US$492.6262|
|200-day moving average||US$432.3739|
|Dividend yield||US$0 (1.63%)|
|Earnings per share (TTM)||US$7.7|
Synopsys price performance over time
|1 week (2023-11-30)||-2.90%|
|1 month (2023-11-07)||5.71%|
|3 months (2023-09-07)||15.15%|
|6 months (2023-06-07)||21.17%|
|1 year (2022-12-07)||62.91%|
|2 years (2021-12-07)||48.09%|
|3 years (2020-12-07)||120.55%|
|5 years (2018-12-07)||500.65%|
Compare trading platforms to buy Synopsys shares
Is it a good time to buy Synopsys stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Is Synopsys under- or over-valued?
Valuing Synopsys stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Synopsys's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Synopsys's P/E ratio
Synopsys's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 69x. In other words, Synopsys shares trade at around 69x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Synopsys's PEG ratio
Synopsys's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.3112. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Synopsys's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Synopsys's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.6 billion (£1.3 billion).
The EBITDA is a measure of a Synopsys's overall financial performance and is widely used to measure stock profitability.
Synopsys share price volatility
Over the last 12 months, Synopsys's shares have ranged in value from as little as US$312.25 up to US$564.78. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Synopsys's is 1.096. This would suggest that Synopsys's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
|Revenue TTM||US$5.8 billion|
|Operating margin TTM||26.84%|
|Gross profit TTM||US$4.1 billion|
|Return on assets TTM||8.52%|
|Return on equity TTM||20.75%|
|Market capitalisation||US$80.8 billion|
TTM: trailing 12 months
Synopsys share dividends
We're not expecting Synopsys to pay a dividend over the next 12 months.
Synopsys's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Synopsys.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Synopsys's total ESG risk score
Total ESG risk: 21.54
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Synopsys's overall score of 21.54 (as at 01/01/2019) is excellent – landing it in it in the 14th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Synopsys is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Synopsys's environmental score
Environmental score: 9.6/100
Synopsys's environmental score of 9.6 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Synopsys is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Synopsys's social score
Social score: 14.57/100
Synopsys's social score of 14.57 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Synopsys is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Synopsys's governance score
Governance score: 9.87/100
Synopsys's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Synopsys is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Environmental, social, and governance (ESG) summary
|Total ESG score||21.54|
|Total ESG percentile||14.2|
|Environmental score percentile||9|
|Social score percentile||9|
|Governance score percentile||9|
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, MIPI, HDMI, and Bluetooth low energy applications; logic libraries and embedded memories; processor cores, software, and application-specific instruction-set processor tools for embedded applications; security IP solutions; IP solutions for automotive market; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers HAPS FPGA-based prototyping systems; virtual prototyping solutions; and Platform Architect solutions for SoC architecture analysis and optimization, as well as a series of tools used in the design of optical systems and photonic devices. Further, it provides security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. The company serves electronics, financial services, automotive, medicine, energy, and industrial areas. It has a strategic partnership with Intel Corporation to develop EDA and IP solutions. Synopsys, Inc. was incorporated in 1986 and is headquartered in Mountain View, California.
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