Synchronoss Technologies (SNCR) vs. Its Competitors Head-To-Head Analysis

Synchronoss Technologies (NASDAQ: SNCR) is one of 24 publicly-traded companies in the “Cloud Computing Services” industry, but how does it contrast to its peers? We will compare Synchronoss Technologies to similar companies based on the strength of its earnings, risk, institutional ownership, dividends, profitability, analyst recommendations and valuation.

Volatility and Risk

Synchronoss Technologies has a beta of 1.69, indicating that its stock price is 69% more volatile than the S&P 500. Comparatively, Synchronoss Technologies’ peers have a beta of 0.95, indicating that their average stock price is 5% less volatile than the S&P 500.

Valuation and Earnings

This table compares Synchronoss Technologies and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Synchronoss Technologies $476.75 million $54.33 million 36.61
Synchronoss Technologies Competitors $939.15 million $24.07 million -78.30

Synchronoss Technologies’ peers have higher revenue, but lower earnings than Synchronoss Technologies. Synchronoss Technologies is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Synchronoss Technologies and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Synchronoss Technologies 1 5 1 0 2.00
Synchronoss Technologies Competitors 100 522 1518 47 2.69

Synchronoss Technologies currently has a consensus target price of $21.20, suggesting a potential upside of 31.60%. As a group, “Cloud Computing Services” companies have a potential upside of 3.76%. Given Synchronoss Technologies’ higher probable upside, research analysts plainly believe Synchronoss Technologies is more favorable than its peers.

Profitability

This table compares Synchronoss Technologies and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Synchronoss Technologies 3.38% 11.20% 6.21%
Synchronoss Technologies Competitors -50.21% -38.64% -14.03%

Institutional & Insider Ownership

74.3% of Synchronoss Technologies shares are held by institutional investors. Comparatively, 58.1% of shares of all “Cloud Computing Services” companies are held by institutional investors. 10.5% of Synchronoss Technologies shares are held by insiders. Comparatively, 22.0% of shares of all “Cloud Computing Services” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Synchronoss Technologies beats its peers on 8 of the 13 factors compared.

Synchronoss Technologies Company Profile

Synchronoss Technologies, Inc. is a global software and services company, which provides technologies and services for the mobile transformation of business. The Company’s portfolio in the Consumer and Enterprise markets contains offerings, such as personal cloud, secure-mobility, identity management and scalable messaging platforms, products and solutions. Its products and platforms are designed to enable multiple converged communication services to be managed across a range of distribution channels, including e-commerce, m-commerce, telesales, customer stores, indirect and other retail outlets. The Company operates in and markets their solutions and services directly through their sales organizations in North America, Europe, the Middle East and Africa (EMEA), Latin America and the Asia-Pacific region. It delivers technologies for mobile transformation to service provider and enterprise customers in regulated verticals and use cases.

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