(VIANEWS) – Shares of Synopsys (NASDAQ: SNPS) jumped by a staggering 10.29% to $436.08 at 11:48 EST on Thursday, following the last session’s upward trend. NASDAQ is jumping 1.52% to $12,673.39, after two successive sessions in a row of losses. This seems, at the moment, an all-around bullish trend exchanging session today.
Synopsys’s last close was $395.39, 5.5% under its 52-week high of $418.40.
About Synopsys
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, MIPI, HDMI, and Bluetooth low energy applications; logic libraries and embedded memories; processor cores, software, and application-specific instruction-set processor tools for embedded applications; security IP solutions; IP solutions for automotive market; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers HAPS FPGA-based prototyping systems; virtual prototyping solutions; and Platform Architect solutions for SoC architecture analysis and optimization, as well as a series of tools used in the design of optical systems and photonic devices. Further, it provides security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. The company serves electronics, financial services, automotive, medicine, energy, and industrial areas. Synopsys, Inc. was incorporated in 1986 and is headquartered in Mountain View, California.
Earnings Per Share
As for profitability, Synopsys has a trailing twelve months EPS of $5.78.
PE Ratio
Synopsys has a trailing twelve months price to earnings ratio of 75.45. Meaning, the purchaser of the share is investing $75.45 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.87%.
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