NasdaqGS:SNPSSoftware
Is It Too Late To Consider Synopsys (SNPS) After Its Recent Share Price Rebound?
If you are trying to figure out whether Synopsys at around US$510 a share looks expensive or interesting, starting with a clear view of its valuation can help you decide where it fits in your watchlist.
The stock has seen mixed returns, with a 10.2% gain over the last 30 days and a 6.4% gain year to date, but a 3.5% decline over the past year against a backdrop of a 46.3% return over 3 years and 92.0% over 5 years.
Recent attention on Synopsys has largely centered on its role in software and...