What is Roth Capital’s Estimate for SNCR Q1 Earnings?

Synchronoss Technologies, Inc. (NASDAQ:SNCR) – Equities research analysts at Roth Capital lifted their Q1 2025 earnings estimates for shares of Synchronoss Technologies in a research report issued to clients and investors on Wednesday, March 12th. Roth Capital analyst R. Baldry now forecasts that the software maker will earn $0.10 per share for the quarter, up from their previous forecast of $0.03. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Synchronoss Technologies’ current full-year earnings is $0.10 per share. Roth Capital also issued estimates for Synchronoss Technologies’ Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.19 EPS, Q4 2025 earnings at $0.27 EPS and FY2025 earnings at $0.70 EPS.

Other analysts also recently issued research reports about the stock. Roth Mkm upgraded shares of Synchronoss Technologies from a “neutral” rating to a “buy” rating and increased their price objective for the company from $11.00 to $13.00 in a report on Monday, November 25th. StockNews.com upgraded shares of Synchronoss Technologies from a “hold” rating to a “buy” rating in a report on Friday.

Synchronoss Technologies Stock Up 6.5 %

SNCR opened at $10.89 on Monday. Synchronoss Technologies has a twelve month low of $6.02 and a twelve month high of $15.46. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 5.75. The company has a 50-day moving average price of $9.47 and a 200 day moving average price of $10.66. The company has a market cap of $125.14 million, a PE ratio of -2.81 and a beta of 2.05.

Synchronoss Technologies (NASDAQ:SNCR) last released its quarterly earnings results on Tuesday, March 11th. The software maker reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.75. Synchronoss Technologies had a negative net margin of 20.00% and a negative return on equity of 10.99%. The firm had revenue of $44.21 million during the quarter, compared to the consensus estimate of $43.76 million.

Institutional Trading of Synchronoss Technologies

Several hedge funds have recently made changes to their positions in the company. Mackenzie Financial Corp purchased a new stake in shares of Synchronoss Technologies in the 4th quarter valued at approximately $295,000. Two Sigma Advisers LP purchased a new stake in shares of Synchronoss Technologies in the 4th quarter valued at approximately $404,000. Two Sigma Investments LP boosted its position in shares of Synchronoss Technologies by 140.8% during the 4th quarter. Two Sigma Investments LP now owns 67,141 shares of the software maker’s stock worth $645,000 after purchasing an additional 39,256 shares during the period. Man Group plc boosted its position in shares of Synchronoss Technologies by 131.0% during the 4th quarter. Man Group plc now owns 122,667 shares of the software maker’s stock worth $1,178,000 after purchasing an additional 69,569 shares during the period. Finally, Occudo Quantitative Strategies LP purchased a new position in shares of Synchronoss Technologies during the 4th quarter worth approximately $98,000. Hedge funds and other institutional investors own 51.71% of the company’s stock.

Insider Buying and Selling at Synchronoss Technologies

In other news, CEO Jeffrey George Miller sold 17,389 shares of the stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $10.34, for a total value of $179,802.26. Following the completion of the sale, the chief executive officer now owns 336,232 shares of the company’s stock, valued at $3,476,638.88. This represents a 4.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 17.90% of the stock is owned by insiders.

About Synchronoss Technologies

Synchronoss Technologies, Inc provides cloud, messaging, digital, and network management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Synchronoss Personal Cloud platform that allows customers' subscribers to backup and protect, engage with, and manage their personal content.