How to buy Synopsys (SNPS) shares in Australia

Learn how to easily invest in Synopsys shares.

Synopsys Inc
NASDAQ: SNPS - USD
SOFTWARE-INFRASTRUCTURE
$324.00
+ $2.88 ( + 0.90%)

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Synopsys Inc (SNPS) is a leading software-infrastructure business with stocks listed in the US. It opened the day at US$329.06 after a previous close of US$335.38. During the day the price has varied from a low of USD319.8313 to a high of USD331.325. The latest price was USD325.54 (25 minute delay). Synopsys is listed on the NASDAQ. All prices are listed in US Dollars.

How to buy shares in Synopsys

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Synopsys. Find the share by name or ticker symbol: SNPS. Research its history to confirm it's a solid investment against your financial goals.
  4. 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 at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$335.38, 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.
  6. 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 on directors and management that can affect your stock.

Synopsys stock price (NASDAQ:SNPS)

Use our graph to track the performance of SNPS stocks over time.

Synopsys shares at a glance

Information last updated 2021-09-17.
OpenUS$329.06
HighUS$331.325
LowUS$319.8313
CloseUS$325.54
Previous closeUS$335.38
Change US$-9.84
Change % -2.934%
Volume 2,041,713
Information last updated 2021-10-24.
52-week rangeUS$211.2 - US$340.66
50-day moving average US$313.4044
200-day moving average US$281.9926
Target priceUS$328.53
PE ratio 66.9418
Dividend yield N/A (0%)
Earnings per share (TTM) US$4.797

Where to buy Synopsys stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
loading

Compare up to 4 providers

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Synopsys stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.

Synopsys share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Synopsys shares?

Before you consider Synopsys, you'll want to hear this.
Ticker Nerd uses advanced software to track hundreds of signals and data points to find stocks before they blow up. You can get the next two hot stocks they find sent to your inbox for free.

Show me how

Synopsys price performance over time

Historical closes compared with the last close of $325.54

1 week (2021-10-18) 5.96%
1 month (2021-09-24) 1.12%
3 months (2021-07-26) 14.67%
6 months (2021-04-26) 26.73%
1 year (2020-10-26) 47.55%
2 years (2019-10-25) 137.38%
3 years (2018-10-26) 272.00%
5 years (2016-10-26) 455.91%

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 67x. In other words, Synopsys shares trade at around 67x 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 2.3788. 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

Synopsys's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$909.6 million (£660 million).

The EBITDA is a measure of a Synopsys's overall financial performance and is widely used to measure a its profitability.

Synopsys financials

Revenue TTM US$4.1 billion
Operating margin TTM 18.53%
Gross profit TTM US$2.9 billion
Return on assets TTM 5.85%
Return on equity TTM 15.41%
Profit margin 18.48%
Book value 33.756
Market capitalisation US$49 billion

TTM: trailing 12 months

Shorting Synopsys shares

There are currently 1.8 million Synopsys shares held short by investors – that's known as Synopsys's "short interest". This figure is 12.7% up from 1.6 million last month.

There are a few different ways that this level of interest in shorting Synopsys shares can be evaluated.

Synopsys's "short interest ratio" (SIR)

Synopsys's "short interest ratio" (SIR) is the quantity of Synopsys shares currently shorted divided by the average quantity of Synopsys shares traded daily (recently around 719162.44897959). Synopsys's SIR currently stands at 2.45. In other words for every 100,000 Synopsys shares traded daily on the market, roughly 2450 shares are currently held short.

However Synopsys's short interest can also be evaluated against the total number of Synopsys shares, or, against the total number of tradable Synopsys shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Synopsys's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Synopsys shares in existence, roughly 10 shares are currently held short) or 0.0131% of the tradable shares (for every 100,000 tradable Synopsys shares, roughly 13 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Synopsys.

Find out more about how you can short Synopsys stock.

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 12/31/2018) 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

Synopsys Inc was last rated for ESG on: 2019-01-01.

Total ESG score 21.54
Total ESG percentile 14.2
Environmental score 9.6
Environmental score percentile 9
Social score 14.57
Social score percentile 9
Governance score 9.87
Governance score percentile 9

Synopsys share dividends

We're not expecting Synopsys to pay a dividend over the next 12 months.

Have Synopsys's shares ever split?

Synopsys's shares were split on a 2:1 basis on 23 September 2003. So if you had owned 1 share the day before before the split, the next day you'd have owned 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 share price volatility

Over the last 12 months, Synopsys's shares have ranged in value from as little as US$211.2 up to US$340.66. A popular way to gauge a stock's volatility is its "beta".

SNPS.US volatility(beta: 1.11)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Synopsys's is 1.1106. 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).

Synopsys overview

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It offers Fusion Design Platform, a digital design implementation solution; Verification Continuum Platform that provides 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. The company also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; 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. It offers logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. The company provides Platform Architect solutions for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. It offers 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; manufacturing solutions; and professional and other services. It has a collaboration with IBM Research's AI Hardware Center to advance the development of chip architectures and design methodologies critical to the next generation of AI chips; and with Spirent Communications plc. Synopsys, Inc. was founded in 1986 and is headquartered in Mountain View, California.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site