Synopsys, Inc. (SNPS) Reaches $84.27 After 6.00% Up Move; Pacific Gas & Electric Co (PCG)’s Sentiment Is 1.24

October 12, 2017 - By Winifred Garcia

The stock of Synopsys, Inc. (NASDAQ:SNPS) is a huge mover today! About 164,032 shares traded. Synopsys, Inc. (NASDAQ:SNPS) has risen 45.65% since October 12, 2016 and is uptrending. It has outperformed by 28.95% the S&P500.The move comes after 9 months positive chart setup for the $12.66 billion company. It was reported on Oct, 12 by Barchart.com. We have $89.33 PT which if reached, will make NASDAQ:SNPS worth $759.60M more.

PG&E Corporation is a holding company. The company has market cap of $35.05 billion. The Company’s primary operating subsidiary is Pacific Gas and Electric Company , which operates in northern and central California. It has a 16.92 P/E ratio. The Utility is engaged in the sale and delivery of electricity and natural gas to customers.

Investors sentiment increased to 1.2 in Q2 2017. Its up 0.03, from 1.17 in 2017Q1. It increased, as 23 investors sold Synopsys, Inc. shares while 144 reduced holdings. 62 funds opened positions while 138 raised stakes. 131.56 million shares or 2.46% less from 134.87 million shares in 2017Q1 were reported. Jpmorgan Chase & invested in 4.60M shares. Lpl Financial Ltd Liability Co holds 18,663 shares or 0.01% of its portfolio. Ghp Investment Advsr holds 31,690 shares. Voya Inv Mngmt Limited Liability Corporation, Georgia-based fund reported 82,975 shares. Koch Inc reported 0.13% stake. Gulf International Financial Bank (Uk) Ltd stated it has 0.05% of its portfolio in Synopsys, Inc. (NASDAQ:SNPS). Winslow Evans And Crocker Incorporated has 105 shares. Pitcairn Com holds 0.15% of its portfolio in Synopsys, Inc. (NASDAQ:SNPS) for 16,973 shares. Strs Ohio invested 0.01% of its portfolio in Synopsys, Inc. (NASDAQ:SNPS). American Natl Insur Tx holds 13,900 shares or 0.06% of its portfolio. Airain holds 0.25% or 77,717 shares. Chevy Chase Trust invested 0.05% of its portfolio in Synopsys, Inc. (NASDAQ:SNPS). Cornerstone Advsr has 80 shares. Rampart Invest Management Lc holds 0.05% or 1,951 shares. Columbia Wanger Asset Mngmt Limited Liability Co has invested 0.56% in Synopsys, Inc. (NASDAQ:SNPS).

Synopsys, Inc. provides software, intellectual property and services. The company has market cap of $12.66 billion. The Firm supplies the electronic design automation (EDA) software that engineers use to design and test integrated circuits, also known as chips. It has a 39.59 P/E ratio. It also offers IP products, which are pre-designed circuits that engineers use as components of larger chip creates rather than designing those circuits themselves.

Analysts await Synopsys, Inc. (NASDAQ:SNPS) to report earnings on November, 29. They expect $0.27 earnings per share, down 42.55% or $0.20 from last year’s $0.47 per share. SNPS’s profit will be $40.56 million for 78.03 P/E if the $0.27 EPS becomes a reality. After $0.75 actual earnings per share reported by Synopsys, Inc. for the previous quarter, Wall Street now forecasts -64.00% negative EPS growth.

Among 7 analysts covering Synopsys Inc. (NASDAQ:SNPS), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Synopsys Inc. has $90 highest and $50 lowest target. $71’s average target is -15.75% below currents $84.27 stock price. Synopsys Inc. had 21 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, August 18 by Benchmark. maintained the stock with “Buy” rating in Monday, October 10 report. RBC Capital Markets initiated Synopsys, Inc. (NASDAQ:SNPS) on Monday, June 6 with “Outperform” rating. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, September 20 report. The firm has “Buy” rating given on Thursday, December 1 by Needham. RBC Capital Markets maintained Synopsys, Inc. (NASDAQ:SNPS) on Monday, June 19 with “Buy” rating. The stock has “Outperform” rating by Credit Suisse on Wednesday, October 19. The firm earned “Buy” rating on Thursday, August 18 by DA Davidson. The rating was initiated by Bank of America with “Average” on Friday, August 28. The rating was initiated by Benchmark with “Hold” on Wednesday, September 9.

Since May 19, 2017, it had 0 insider purchases, and 5 selling transactions for $21.61 million activity. DE GEUS AART also sold $18.75M worth of Synopsys, Inc. (NASDAQ:SNPS) shares. CHAN CHI-FOON sold 3,750 shares worth $266,088. Another trade for 10,000 shares valued at $710,000 was made by RUNKEL JOHN F JR on Friday, May 19. Logan Joseph W sold 5,000 shares worth $355,226. $1.53M worth of stock was sold by SCHWARZ JOHN on Friday, May 19.

About 1.16M shares traded. PG&E Corporation (PCG) has risen 13.90% since October 12, 2016 and is uptrending. It has underperformed by 2.80% the S&P500.

Analysts await PG&E Corporation (NYSE:PCG) to report earnings on November, 3. They expect $0.98 earnings per share, up 4.26% or $0.04 from last year’s $0.94 per share. PCG’s profit will be $499.91M for 17.53 P/E if the $0.98 EPS becomes a reality. After $0.86 actual earnings per share reported by PG&E Corporation for the previous quarter, Wall Street now forecasts 13.95% EPS growth.

Rare Infrastructure Ltd holds 7.77% of its portfolio in PG&E Corporation for 1.59 million shares. Symons Capital Management Inc owns 349,800 shares or 5.66% of their US portfolio. Moreover, Commonwealth Bank Of Australia has 2.97% invested in the company for 4.44 million shares. The Massachusetts-based Crow Point Partners Llc has invested 2.17% in the stock. Hennessy Advisors Inc, a California-based fund reported 1.04 million shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com