Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
Reporter Name | Relationship | Type | Amount | SEC Filing |
---|---|---|---|---|
Ferraro Lou | Chief Financial Officer | Sell | $78,454 | Form 4 |
Bernstein Martin Francis | Director | Sell | $207,395 | Form 4 |
Lou Ferraro, the Chief Financial Officer of Synchronoss Technologies, sold a total of 5,768 shares of common stock on September 12, 2024, for a total amount of $78,454. The transactions were executed at prices of $13.6 and $13.61 per share. Following these sales, Ferraro's direct ownership in the company stands at 83,556 shares. The sales were part of year-end tax planning activities.
Martin Francis Bernstein, a Director at Synchronoss Technologies, disposed of 14,958 shares of Common Stock over a span of three days, with the sale prices per share ranging from $13.66 to $14.14, resulting in a total sale amount of $207,395. After these transactions, Bernstein directly owns 48,498 shares of the company. Similar to Ferraro's transactions, these sales were also related to year-end tax planning.
Reporter Name | Miller Jeffrey George |
Relationship | Chief Executive Officer |
Type | Sell |
Amount | $162,000 |
SEC Filing | Form 4 |
Jeffrey George Miller, Chief Executive Officer and Director of Synchronoss Technologies, sold 12,000 shares of common stock on September 10, 2024, at a price of $13.5 per share, totaling $162,000. Following this transaction, Miller directly owns 284,462 shares of the company. The sale was conducted for year-end tax planning purposes.
SEC Filing: SYNCHRONOSS TECHNOLOGIES INC [ SNCR ] - Form 4 - Sep. 12, 2024
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 close attention to the earnings performance of Synchronoss in its upcoming release. The company is predicted to post an EPS of $0.25, indicating a 44.44% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $43.31 million, reflecting a 22.18% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $1.19 per share and a revenue of $173.36 million, demonstrating changes of +184.4% and -19.17%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Synchronoss. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Synchronoss is holding a Zacks Rank of #1 (Strong Buy) right now.
Investors should also note Synchronoss's current valuation metrics, including its Forward P/E ratio of 11.4. This denotes a discount relative to the industry's average Forward P/E of 30.47.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 91, which puts it in the top 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Zacks Investment Research
Reporter Name | Bernstein Martin Francis |
Relationship | Director |
Type | Sell |
Amount | $32,929 |
SEC Filing | Form 4 |
Martin Francis Bernstein, a Director at Synchronoss Technologies, sold 2,319 shares of Common Stock on September 9, 2024, at a price of $14.2 per share, totaling $32,929. Following this transaction, Bernstein directly owns 63,456 shares of the company. The sale was related to year-end tax planning.
SEC Filing: SYNCHRONOSS TECHNOLOGIES INC [ SNCR ] - Form 4 - Sep. 11, 2024
For Immediate Release
Chicago, IL – September 11, 2024 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2334102/screening-for-cheap-strong-buy-stocks
Screening for Cheap Strong Buy Stocks
Welcome to Episode #381 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
With the second quarter earnings season mostly winding down, Tracey wanted to look for stocks that now have the top Zacks Rank of Strong Buy, which are also cheap.
When a stock has the top Zacks Rank of #1 (Strong Buy), that usually means that the analysts are raising earnings estimates. And why would they be raising earnings estimates during earnings season? Usually because something “good” is going on at the company.
Perhaps they beat on Q2 earnings and raised full year guidance? That would mean the analysts are usually raising their earnings estimates to get into line with what the company has guided.
At any given time, there are usually only about 230 to 240 companies that are Zacks Strong Buy stocks. This is an elite group even without looking for cheap stocks.
Screening for Top Ranked Cheap Stocks
Tracey deployed a Zacks premium screen that looks for cheap Zacks Strong Buy stocks.
The stocks have to be trading over $5 and have over 100,000 per day trading volume. This is to avoid the microcaps or penny stocks.
For “cheapness,” the screen looks for a price-to-earning (P/E) ratio of 20 or under. This is a little bit higher than Tracey normally looks for. She uses 15x. But it will mean a few more stocks to look at.
The P/E is then combined with the price-to-sale (P/S) ratio under 1.0. A P/S ratio under 1.0 means you are getting a deal on the sales. A P/S of 0.7, for example, means you are paying just $0.70 for every $1.00 of sales.
This screen produced 32 matches.
3 Cheap Strong Buy Stocks
1. Assurant, Inc. AIZ
Assurant is a global business services company which is in insurance. In its second quarter earnings report it said it was raising its 2024 enterprise outlook.
4 estimates are higher in the last 60 days for both 2024 and 2025. Earnings are now expected to rise 6.8% in 2024 and 6.1% in 2025. Assurant is cheap. It trades with a forward P/E of just 11.6 and has a P/S ratio of just 0.9.
Assurant also pays a dividend, yielding 1.5%. Shares of Assurant are up 14.7% year-to-date, which is in-line with the S&P 500.
Should an insurer, like Assurant, be on your value stock short list?
2. Synchronoss Technologies, Inc. SNCR
Synchronoss Technologies is a leader in personal cloud. It is a small cap company, with a market cap of just $153.7 million.
2 estimates are up for 2025 in the last 60 days pushing up the Zacks Consensus to $1.15 from $0.35. This is lightly covered on the Street, however. Synchronoss Technologies shares have soared 120% year-to-date, but it’s still cheap with a forward P/E of just 11.
Synchronoss is a subscription-based company with recurring revenue. It recently announced it had retired the company’s preferred stock and reduced the total net debt using a new $75 million term loan facility.
Should value investors consider Synchronoss Technologies?
3. LSI Industries Inc. (LYTS)
LSI Industries makes commercial lighting and display solutions. Headquartered in Cincinnati, it has 1900 employees across 16 facilities. It is another small cap company with a market cap of $457 million.
LSI Industries has fallen to a Zacks Rank #2 (Buy) from a Strong Buy since the podcast was recorded, but the Zacks Rank can change daily. One estimate was higher in the last 30 days for both fiscal 2025 and fiscal 2026. Earnings are expected to rise 6% in fiscal 2025 and 34% in fiscal 2026.
Shares of LSI Industries have risen 12.1% year-to-date. It’s cheap with a P/E of 17.2. Even though it’s a small cap, it pays a dividend, yielding 1.3%.
Should a small cap like LSI Industries be on your short list?
What Else Should You Know About Top Ranked Cheap Stocks?
Tune into this week’s podcast to find out.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.
Today you can access their live picks without cost or obligation.
See Stocks Free >>
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/performance
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Investment Research
Welcome to Episode #381 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
With the second quarter earnings season mostly winding down, Tracey wanted to look for stocks that now have the top Zacks Rank of Strong Buy, which are also cheap.
When a stock has the top Zacks Rank of #1 (Strong Buy), that usually means that the analysts are raising earnings estimates. And why would they be raising earnings estimates during earnings season? Usually because something “good” is going on at the company.
Perhaps they beat on Q2 earnings and raised full year guidance? That would mean the analysts are usually raising their earnings estimates to get into line with what the company has guided.
At any given time, there are usually only about 230 to 240 companies that are Zacks Strong Buy stocks. This is an elite group even without looking for cheap stocks.
Screening for Top Ranked Cheap Stocks
Tracey deployed a Zacks premium screen that looks for cheap Zacks Strong Buy stocks.
The stocks have to be trading over $5 and have over 100,000 per day trading volume. This is to avoid the microcaps or penny stocks.
For “cheapness,” the screen looks for a price-to-earning (P/E) ratio of 20 or under. This is a little bit higher than Tracey normally looks for. She uses 15x. But it will mean a few more stocks to look at.
The P/E is then combined with the price-to-sale (P/S) ratio under 1.0. A P/S ratio under 1.0 means you are getting a deal on the sales. A P/S of 0.7, for example, means you are paying just $0.70 for every $1.00 of sales.
This screen produced 32 matches.
3 Cheap Strong Buy Stocks
1. Assurant, Inc. (AIZ)
Assurant is a global business services company which is in insurance. In its second quarter earnings report it said it was raising its 2024 enterprise outlook.
4 estimates are higher in the last 60 days for both 2024 and 2025. Earnings are now expected to rise 6.8% in 2024 and 6.1% in 2025. Assurant is cheap. It trades with a forward P/E of just 11.6 and has a P/S ratio of just 0.9.
Assurant also pays a dividend, yielding 1.5%. Shares of Assurant are up 14.7% year-to-date, which is in-line with the S&P 500.
Should an insurer, like Assurant, be on your value stock short list?
2. Synchronoss Technologies, Inc. (SNCR)
Synchronoss Technologies is a leader in personal cloud. It is a small cap company, with a market cap of just $153.7 million.
2 estimates are up for 2025 in the last 60 days pushing up the Zacks Consensus to $1.15 from $0.35. This is lightly covered on the Street, however. Synchronoss Technologies shares have soared 120% year-to-date, but it’s still cheap with a forward P/E of just 11.
Synchronoss is a subscription-based company with recurring revenue. It recently announced it had retired the company’s preferred stock and reduced the total net debt using a new $75 million term loan facility.
Should value investors consider Synchronoss Technologies?
3. LSI Industries Inc. (LYTS)
LSI Industries makes commercial lighting and display solutions. Headquartered in Cincinnati, it has 1900 employees across 16 facilities. It is another small cap company with a market cap of $457 million.
LSI Industries has fallen to a Zacks Rank #2 (Buy) from a Strong Buy since the podcast was recorded, but the Zacks Rank can change daily. One estimate was higher in the last 30 days for both fiscal 2025 and fiscal 2026. Earnings are expected to rise 6% in fiscal 2025 and 34% in fiscal 2026.
Shares of LSI Industries have risen 12.1% year-to-date. It’s cheap with a P/E of 17.2. Even though it’s a small cap, it pays a dividend, yielding 1.3%.
Should a small cap like LSI Industries be on your short list?
What Else Should You Know About Top Ranked Cheap Stocks?
Tune into this week’s podcast to find out.
Zacks Investment Research
Synchronoss (SNCR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this mobile services company have returned +21.4% over the past month versus the Zacks S&P 500 composite's +2.5% change. The Zacks Internet - Software industry, to which Synchronoss belongs, has gained 1.1% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings Estimates
Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Synchronoss is expected to post earnings of $0.25 per share, indicating a change of -44.4% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $1.19 points to a change of +184.4% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $1.15 indicates a change of -3.4% from what Synchronoss is expected to report a year ago. Over the past month, the estimate has remained unchanged.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Synchronoss.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue Growth
While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Synchronoss, the consensus sales estimate for the current quarter of $43.31 million indicates a year-over-year change of -22.2%. For the current and next fiscal years, $173.36 million and $182.89 million estimates indicate -19.2% and +5.5% changes, respectively.
Last Reported Results and Surprise History
Synchronoss reported revenues of $43.46 million in the last reported quarter, representing a year-over-year change of -27.2%. EPS of $0.48 for the same period compares with -$0.27 a year ago.
Compared to the Zacks Consensus Estimate of $43.09 million, the reported revenues represent a surprise of +0.87%. The EPS surprise was +585.71%.
Over the last four quarters, Synchronoss surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
Valuation
No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Synchronoss is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom Line
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Synchronoss. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term.
Zacks Investment Research
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.