Report
Abhinav Davuluri
EUR 101.80 For Business Accounts Only

Best Idea Synaptics Bounces Back in 1Q; Shares Remain Undervalued Relative to $64 FVE

On Nov. 7, Synaptics reported fiscal first-quarter results that exceeded our expectations. The firm benefited from the consumer Internet of Things segment from Synaptics’ recent acquisitions (Conexant Systems and Marvell Technology’s multimedia solutions business, or MSB). Meanwhile, Synaptics’ lost share for Apple’s display driver chips was partially offset by fingerprint sensors featured in the Samsung Galaxy Note 8. If the firm can execute rolling out its latest optical fingerprint sensors an...
Underlying
SYNAPTICS INCORPORATED

Synaptics is a developer and supplier of custom-designed human interface semiconductor product solutions that enable people to interact with a variety of mobile computing, communications, entertainment, and other electronic devices. The company targets the markets for smartphones, tablets, personal computer, products, Internet of Things, products and other select electronic devices, including devices in automobiles. The company's family of products includes: ClearPad?, ClearView?, TouchView?, Natural ID?, TouchPad?, SecurePad?, ClickPad?, ForcePad?, AudioSmart?, VideoSmart?, ImagingSmart?, and other product solutions.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Abhinav Davuluri

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch